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USBC Soars on Tight Float and Tokenized Deposit Buzz
USBC shares surged 59% on heavy volume, fueled by tokenized deposit plans and Bitcoin treasury strategy, despite no new corporate announcements.
PACS Group Soars on Upgraded EBITDA Forecast Amid Legal Clouds
PACS Group shares jumped 23% on Q1 results that exceeded expectations, with revenue up 11.2% and net income surging, as the company boosted its 2026 adjusted EBITDA forecast.
Merck Closes $53/Share Acquisition of Terns Pharmaceuticals, Stock Ceases Trading
Merck has finalized its $53-per-share cash acquisition of Terns Pharmaceuticals, causing Terns stock to stop trading on Nasdaq. The deal values Terns at $6.7 billion.
Archer Aviation Sinks on Cash Burn Concerns Despite FAA Progress
Archer Aviation shares dropped 6.6% despite an FAA milestone, as investors focused on the company's $217.7 million net loss and $188.8 million cash burn.
Energy Vault and Eskom Partner on Gravity Storage at South African Coal Plant
Energy Vault and Eskom have inked a deal to build a 25-MW gravity storage system at Hendrina Power Station, with potential expansion to 4 GW, targeting 4 GWh across Southern Africa by 2035.
Rocket Lab Shares Dip After Record Rally; Neutron Demand Fuels Bullish Outlook
Rocket Lab shares slipped 2.4% on Tuesday following a record-breaking rally, as investors balanced profit-taking with robust demand for its Neutron rocket and defense contracts.
SoFi Shares Dip as Truist Flags Concerns Beyond Lending
SoFi shares slipped to $15.75 after Truist lowered its price target to $17, citing concerns about the sustainability of its loan-platform and tech revenue.
Circle Stock Retreats as Revenue Miss Offsets USDC Growth and Arc Hopes
Circle Internet Group (CRCL) shares dropped 5.1% Tuesday, erasing an early pop after Q1 revenue missed forecasts and net income fell, despite strong USDC growth.