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Biogen Completes Apellis Takeover, Gains Rare-Disease Pipeline
Biogen has completed its acquisition of Apellis Pharmaceuticals, delisting APLS shares. Biogen gains Syfovre and Empaveli, plus a kidney disease pipeline, with a CVR tied to Syfovre sales.
Nokia Stock Retreats After AI Rally: Key Details for Investors
Nokia's US-listed shares dropped about 5% Friday, pulling back from an AI-driven rally. The company reported a 54% rise in Q1 operating profit and named a new mobile infrastructure president.
XRP Slips as Rising Yields Dampen Crypto Rally
XRP fell to $1.44 Friday as rising bond yields and reduced Fed cut bets weighed on risk assets, overshadowing regulatory progress.
Bitcoin Drops Below $80K as Inflation Fears and Treasury Yields Pressure Crypto
Bitcoin fell below $80,000 on Friday, pressured by elevated inflation, a spike in Treasury yields, and significant ETF outflows totaling over $860 million.
POET Technologies Stock Drops on $400M Dilutive Financing Deal
POET Technologies shares dropped 10% after announcing a $400M direct offering of shares and warrants, sparking dilution concerns despite a $50M order from Lumilens.
Ondas Soars on $390M Revenue Target After Drone Sales Surge
Ondas raised its 2026 revenue target to at least $390 million after Q1 revenue surged to $50.1 million, sending shares up 27%.
Private Equity Giants Circle Magnum Ice Cream After Stock Decline
Blackstone and CD&R are considering bids for Magnum Ice Cream, owner of Ben & Jerry's and Cornetto, after its stock slipped. Shares surged 16% on the news.
Cerebras Shares Dip as Investors Reassess Valuation After Stellar IPO
Cerebras Systems shares slipped about 4% to $298 in early Friday trading, retreating from Thursday's close after a 68% Nasdaq debut, as investors weighed valuation and customer concentration.
Baiya International Surges 57% Premarket on Capital Raise, Crypto Plans
Baiya International shares jumped 56.6% premarket after a $4.21M share sale and crypto plan, despite a widened net loss of $9.5M.
Intel Shares Slide as Server Chip Market Share Erodes to AMD and Arm
Intel shares tumbled 6.5% Friday after UBS data revealed its server CPU market share fell to 54.9% in Q1, while AMD and Arm advanced. The drop extends a three-day slide amid profit-taking in chip stocks and persistent rate worries.
Nvidia Stock Slips as China H200 Chip Hopes Fade Before Earnings
Nvidia shares fell 2.8% to $229.12, snapping a seven-day rally, after U.S. Trade Representative Jamieson Greer indicated chip export controls were not discussed in Beijing, dampening hopes for H200 chip sales to China.
Treasury Yields and Oil Spike Slam Wall Street; Tech Stocks Lead Decline
US stock futures fell sharply Friday as the 10-year Treasury yield climbed to 4.56% and Brent crude surged near $109 a barrel, reigniting inflation concerns and Fed rate hike fears.