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ARMN News30 articles
Pharvaris Surges 17% as Phase 3 HAE Trial Meets Primary Endpoint
Pharvaris (PHVS) soared 17% after its oral HAE preventive met the primary endpoint in Phase 3, reducing monthly attacks by 83% versus placebo.
Netflix's 'Emily in Paris' Finale Set for December 24; Stock Slips 0.9%
Netflix will premiere the sixth and final season of 'Emily in Paris' on December 24. Shares dropped 0.9% to $81.46, wiping out $3.2 billion in market value.
Moderna Surges 12% as Wolfe Drops Bearish Stance on Cancer Vaccine
Moderna shares surged 12% after Wolfe Research upgraded the stock, citing a clearer approval path and $9.2 billion peak sales potential for its cancer vaccine intismeran.
H&M Stock Climbs 3.3% as Citi Flags Positive Catalyst, Yet Analyst Consensus Remains Bearish
H&M shares jumped 3.3% after Citi placed the retailer on positive catalyst watch, but the broader analyst community remains skeptical, with a consensus target implying 13.3% downside.
Arista Networks Surges 10% on Strong Q3 Guidance and Raised 2026 Forecast
Arista Networks (ANET) shares surged over 10% after issuing Q3 revenue guidance of $3.3 billion and raising its 2026 outlook to $12.6 billion, driven by strong AI and core networking demand.
Arista Networks Soars on AI-Driven Earnings Beat and Strong Outlook
Arista Networks (ANET) surged 13% in after-hours trading after Q2 revenue beat estimates and Q3 guidance exceeded forecasts, powered by AI networking demand and strong operating leverage.
Transocean-Valaris Merger Spread Narrows as Q2 Earnings Loom
Transocean's Q2 report due Wednesday will test the Valaris merger's 2.35% spread as oil prices slide. The fixed-ratio offer's value hinges on RIG's share price and operational guidance.
Transocean Shares Rebound as Valaris Merger Spread Narrows Ahead of Q2 Results
Transocean shares climbed 4.7% on Friday, reducing the merger spread with Valaris to 2.35% ahead of Q2 earnings. The deal remains on track for H2 2026 close pending regulatory approvals.
Transocean and Valaris Rise as Merger Spread Holds Steady
Transocean and Valaris shares rose about 3.5% on Friday, with the merger spread steady near 2.4%, as oil price gains lifted offshore drillers.
Transocean Shares Up 2.2% on Merger Arbitrage Opportunity as Valaris Deal Spread Widens
Transocean shares advanced 2.2% amid a widening merger spread with Valaris to 2.4%, as regulatory milestones and robust Q2 guidance bolster arbitrage expectations.
Transocean Shares Dip Despite Oil Rally as Valaris Deal Spread Narrows
Transocean shares slipped 1.3% to $4.93 despite a 7.3% jump in Brent crude. The Valaris merger spread narrowed to 2.0% as the deal progresses.
Transocean and Valaris Shares Dip Amid Oil Price Slide; Merger Spread Narrows
Transocean and Valaris shares fell Monday as crude oil prices declined. The merger spread narrowed to 2.3%, with the next antitrust review stage set for July 31.
Transocean and Valaris Shares Rise as Merger Spread Narrows to 2.25%
Transocean (RIG) gained 1.24% to $5.305, while Valaris (VAL) rose 1.18% to $79.00, with the merger spread narrowing to 2.25% as the companies await regulatory clearance.
Kroger's Pricing Strategy Outshines Walmart in Latest Basket Comparison
Kroger (NYSE:KR) edged out Walmart (NASDAQ:WMT) by 95 cents in a 15-item store-brand basket comparison, showcasing its pricing strategy and margin investments.
Transocean Stock Gains Tighten Merger Arbitrage Spread on Valaris Deal
Transocean shares gained 4.3%, tightening the merger arbitrage spread on its Valaris acquisition to 2.15%. The implied annualized return is 11.2% before costs.
Arista Networks Plunges $15B as Insider Sales Spotlight Rich Valuation
Arista Networks (ANET) erased $15.4B in market value after insider stock sales drew attention to its high valuation. CEO Jayshree Ullal sold $43.9M in shares.
Transocean-Valaris Merger Spread Widens Amid Regulatory Delays
Transocean's stock decline widens the discount in its Valaris acquisition to 3.1%, representing $167 million in market uncertainty.
Transocean-Valaris Deal Spread Narrows to 2.1% as Antitrust Review Lengthens
Transocean (RIG) shares imply a 2.1% discount to Valaris (VAL) in their all-stock merger, with the spread narrowing slightly as the deal faces a longer antitrust review and a target close of September 29.
Arista Networks Surges $34B in Value, But Rally Masks Key Risks
Arista Networks surged $34B in market cap this week, but the rally came on light volume and unchanged earnings estimates, raising questions about sustainability.
Cisco Surges 7.6% in a Week but Arista Doubles Its Gains
Cisco shares climbed 7.6% in the week through July 10, contributing 51 points to the Dow, but Arista Networks outpaced it with a 16.9% gain.
Transocean-Valaris Deal Spread Nears 10% Annualized Return
Transocean (RIG) shares were nearly unchanged Friday, while Valaris (VAL) edged up, leaving a 2.2% discount to the bid value that annualizes to about 10%.
Arista Networks Rides AI Networking Wave to New Highs, Earnings Ahead
Arista Networks shares climbed to a new 52-week high, extending gains in the AI networking rally. Q2 earnings are due Aug. 4.
AT&T Faces Starlink Threat as Wells Fargo Turns Bearish Ahead of Q2 Earnings
Wells Fargo starts AT&T at underweight, citing Starlink threat. Shares slip as analysts debate satellite competition. Q2 earnings due July 22.
Arista Networks Stock Surges to Near 52-Week High Ahead of Q2 Earnings
Arista Networks shares climbed 7.7% to $179.31, approaching a 52-week high, as the company prepares to report Q2 results on August 4, driven by AI networking demand.
Abivax ADS Surges 29% on Obefazimod Safety Data, Paris Trading Expected to Catch Up
Abivax ADS surged nearly 30% after hours on positive safety data for obefazimod, adding $2.26B in market value. Paris shares are expected to open higher Wednesday.
Transocean Slips as Valaris Deal Spread Narrows to 2.9%
Transocean (RIG) dropped 1.6% to $5.04 with 36.4 million shares traded, while the Valaris (VAL) deal spread narrowed to about 2.9%.
Transocean Shares Dip 12% on Oil Volatility and Valaris Merger Doubts
Transocean shares dropped 12% to $5.31 amid oil volatility and uncertainty over the Valaris merger, despite $185 million in new contracts. The stock eyes support at $5.14.
Volaris Board Resignation and Blood Transport Milestone Mark Key Week
Andrew Broderick resigned from Volaris' board effective June 15 for a new professional role. The airline also celebrated one year of its blood transport partnership with Cruz Roja Mexicana, benefiting over 1,100 patients.
Chip Rout Wipes Out $1.3 Trillion, Sparking Bearish Jitters
A hotter-than-expected jobs report crushed hopes for easier Fed policy, sending the PHLX Semiconductor Index down 10.3% and wiping $1.3 trillion from chip stocks.
Transocean Shares Flat as Australian Drilling Contract Signed; Valaris Merger Awaits
Transocean shares closed nearly unchanged at $6.25 after Carnarvon Energy hired a rig for 2027 drilling, but the stock's outlook hinges on backlog growth and the Valaris merger.