Gilead Sciences (GILD) to acquire Tubulis for $5B, strengthening cancer drug pipeline. RBC raises target to $123 ahead of Q1 earnings on April 23.
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DoorDash (DASH) director sells $3.47M in shares as insiders offload $18.3M. Stock down 45% from highs despite analyst Buy ratings and $263 price target.
UnitedHealth (UNH) stock gains after Medicare Advantage rates increase 2.48% for 2027, beating expectations and offering relief to the healthcare giant.
Deere (DE) settles right-to-repair lawsuit for $99M, granting farmers 10-year access to repair tools. Separate FTC case remains pending.
Arm Holdings (ARM) dropped 3.7% after Morgan Stanley’s downgrade to Equal-Weight, citing demand softness, margin risks, and potential channel conflicts.
Oracle (ORCL) names Hilary Maxson as CFO. Wall Street analysts praise her infrastructure expertise as Oracle targets $50B in AI data center capex.
Biogen (BIIB) partners with Alloy Therapeutics on multi-target ASO platform deal. RBC Capital cuts price target to $213 while maintaining Outperform rating.
Google unveils mental health crisis features for Gemini AI and pledges $30M to global hotlines. Learn about the new one-touch support interface.
Silo Pharma (SILO) stock surged 47% after-hours following European Patent Office notice of intent to grant PTSD prevention therapy patent.
Delta Air Lines (DAL) reports Q1 earnings Wednesday. Analysts expect $14.94B revenue, $0.58 EPS. Fuel costs and summer bookings are key focus areas.
SpaceX plans historic IPO with up to 30% retail allocation, targeting $2T valuation. Roadshow begins June 8, prospectus expected late May.
Anthropic’s revenue run rate exceeds $30B, tripling in months. The AI startup secures major TPU chip deal with Google and Broadcom through 2031.
Micron (MU) stock gained 3.5% after KeyBanc’s bullish call and Samsung’s 700% profit surge highlighted booming memory chip demand driven by AI.
ASML stock declined 4.1% after U.S. lawmakers unveiled the MATCH Act, which could ban deep ultraviolet chip equipment exports to China.
Goldman Sachs identifies tech stocks as undervalued after historic underperformance. Sector trades at 20x P/E vs 52x during dot-com bubble, with 44% EPS growth.