DAWN
NASDAQ · Biotechnology
Day One Biopharmaceuticals I
$21.44
+0.05 (+0.23%)
DAWN News30 articles
S&P 500 Tests Critical 200-Day Support Amid Oil Spike and Fed Uncertainty
The S&P 500 closed just above its 200-day moving average at 6,624.70, with technical analysts warning a break below 6,600 could trigger a sharp selloff. The market faces pressure from surging oil prices and reduced expectations for Federal Reserve rate cuts.
Soybeans Recover Midday; Infinity, PDD Show Deep Undervaluation
Soybean futures recovered from early losses Friday. Separate analyses suggest Infinity Natural Resources and PDD Holdings are significantly undervalued. Baytex Energy reported a major 2025 loss.
Barclays Boosts Chip Equipment Forecast, Lifts KLA Shares Ahead of Investor Day
KLA shares advanced Tuesday after Barclays significantly increased its chip equipment spending outlook, driven by AI data center needs. The firm now sees 2026 wafer fab equipment spending rising 24% to $139 billion.
Servier Acquires Day One Biopharmaceuticals in $2.5 Billion Oncology Deal
French pharmaceutical firm Servier will acquire Day One Biopharmaceuticals for $2.5 billion, gaining the pediatric glioma treatment Ojemda. The deal offers a 68% premium to Day One's recent closing price.
Oil Prices Hover Near $81 as Hormuz Blockade Enters Fifth Day
Oil prices pared early gains Wednesday, with Brent crude trading near $81 a barrel as a prolonged blockade of the Strait of Hormuz continues to disrupt global supplies. Iraq has cut output by 1.5 million barrels per day.
Workday Shares Rebound on CEO Equity Grant After February Slump
Workday shares climbed approximately 7% in early trading Wednesday, recovering some losses after a recent decline. The move followed regulatory disclosures of new performance stock unit awards for top executives, including CEO Aneel Bhusri.
Wesfarmers Shares Drop 5% in Two Days Amid ASX Selloff
Wesfarmers shares declined for a second consecutive session, dropping roughly 5% over two days as broader Asian markets sold off on geopolitical concerns and oil price volatility.
Accelerant Stock Retreats in Premarket Following Friday's Surge
Accelerant Holdings stock declined nearly 3% in premarket trading, giving back a portion of its sharp 10% rally from Friday. The market now focuses on the company's upcoming audited financial release and forward outlook.
Accelerant Stock Retreats in Premarket Following Friday's Surge
Accelerant Holdings stock declined nearly 3% in premarket activity, paring a sharp rally from the prior session. The market now focuses on the company's upcoming audited financial release and forward outlook.
Accelerant Stock Retreats in Premarket Following Friday's Surge
Accelerant Holdings stock declined nearly 3% in premarket trading Monday, paring back a significant 10% surge from the previous session. Investors are focused on the company's upcoming audited financial results and 2026 guidance scheduled for March 19.
IREN Plunges 7% on Friday Despite MSCI USA Index Inclusion
Shares of IREN Limited dropped 7.4% on Friday, closing at $40.95, even as the company was added to the MSCI USA Index. Trading volume surged to 52.66 million shares amid a broad market sell-off.
Dell Soars 22% on AI Server Forecast, Eyes Monday Test
Dell shares closed up 21.9% Friday after the company significantly raised its AI-optimized server growth target and increased shareholder payouts. The stock's post-earnings rally will be tested in Monday's trading session.
Qatar Market Braces for Monday Reopen After Geopolitical Shock
Qatar's stock market remains closed Sunday for a bank holiday following a 1.91% Friday decline. Trading resumes Monday with investors weighing regional military strikes and Qatar Islamic Bank's new $750 million sukuk issuance.
KOSPI Faces Holiday Week Amid Record Foreign Outflows, Chip Export Boom
South Korean shares head into a holiday-shortened week with a mixed backdrop: February exports surged 29% led by semiconductors, but the KOSPI fell 1% Friday amid record foreign selling.
Taiwan's Taiex Eyes U.S. Data After Holiday, AI Stocks in Focus
Taiwan's stock market reopens with the Taiex at elevated levels, driven by chip and AI stocks. Early-week sentiment hinges on key U.S. economic data.
Shanghai Markets Eye Two Sessions, PMI After Mixed Friday Close
Chinese equities closed mixed on Friday with the Shanghai Composite gaining 0.39% while the CSI 300 declined. Focus shifts to upcoming policy meetings and economic data releases.
Uber Eyes $1B European Expansion, Shares Await Post-Holiday Reaction
Uber shares closed lower Friday as the company announced a major European expansion for Uber Eats, targeting $1 billion in gross bookings over three years. Investors await Tuesday's market reopening for reaction.
Nebius Stock Surges 9% on AI Spending, Eyes Tuesday Test
Nebius shares surged 9.23% to $98.01 Friday following Q4 earnings that revealed aggressive $2.1 billion capital expenditure for AI data centers. Trading resumes Tuesday after the Presidents Day holiday.
P&G Shares Dip Ahead of Holiday, Insider Sale and Key Conference in Focus
Procter & Gamble shares declined 0.7% to $160.07 ahead of the market holiday. An SEC filing revealed an insider sale, while investors await the quarterly dividend and a key management presentation this week.
Rivian Stock Faces Post-Holiday Test After 27% Surge on R2 Outlook
Rivian shares jumped 26.6% to $17.73 Friday following its quarterly results and 2026 outlook, which hinges on the upcoming R2 SUV. Markets reopen Tuesday after the Presidents' Day holiday.
Booking Holdings Earnings Preview: AI, Travel Demand in Focus After Holiday
Booking Holdings prepares to release fourth-quarter and full-year 2025 results Wednesday after the market closes, with investor attention on forward guidance and the evolving role of AI in travel search.
ServiceNow Gains 3.6% Ahead of Holiday; Executive Appointment, Insider Sales Noted
ServiceNow shares advanced 3.6% Friday, closing at $107.08. The company named Danielle Fontaine as chief accounting officer, and director Paul Chamberlain sold shares under a Rule 10b5-1 trading plan.
Lumentum Insider Sales Near $600 Mark Precede Market Holiday
Lumentum Holdings Inc. director Penny Herscher sold approximately $2.39 million in company stock, with shares trading near $600, according to an SEC filing. The stock closed Friday down 3.6% at $562.74.
Gasoline Futures Edge Higher Amid Holiday-Thinned Trade, Focus on Delayed EIA Data
Gasoline futures gained modestly in subdued holiday trading, with the national pump average holding near $2.93. Market attention shifts to the postponed EIA fuel stocks report this Thursday.
AI Chip Stocks Pause for Holiday, Nvidia Earnings Loom
Trading in artificial intelligence equities is on hold for the Presidents Day holiday, following a mixed session that saw Applied Materials surge on a strong forecast while Nvidia declined. Investor attention now turns to Nvidia's upcoming quarterly results and U.S. GDP data.
Lithium Prices Steady as Market Awaits Post-Holiday Direction
Lithium carbonate prices in China remained unchanged at 145,000 yuan per tonne, marking a fourth consecutive session of stability. Market attention shifts to post-holiday trading and upcoming producer earnings for demand signals.
Markets Pause for Holiday, Eye Key GDP and Inflation Data
U.S. stock and bond markets were closed Monday for the Presidents Day holiday, with S&P 500 futures ticking up 0.1%. Investor attention shifts to upcoming GDP and inflation data, alongside Walmart's earnings.
Gold Retreats Under $5,000 Amid Dollar Strength, Holiday Liquidity Squeeze
Spot gold declined over 1% to $4,976.37 an ounce, slipping below the key $5,000 level. The drop was attributed to a stronger U.S. dollar and significantly reduced trading volumes due to holiday closures in major markets.
Silver Retreats in Holiday-Thinned Trade as Markets Await Fed Minutes
Silver prices declined during a volatile session with limited trading activity due to the U.S. holiday. Market participants are focused on upcoming economic data and Federal Reserve communications.
Bitcoin Retreats Below $68K Amid Thin Holiday Trading, Fed Minutes Loom
Bitcoin declined to approximately $67,900 during a holiday-thinned trading session, with market participants focusing on upcoming Federal Reserve minutes and institutional ETF flows for near-term direction.