Equity News

Jefferies sees restrictions around non-recreational psychedelics eventually loosen up.

Meta said in a filing with the Securities and Exchange Commission that Powell McCormick notified the company on Friday that she will resign effective immediately.

The FDA approved 5 mg, 10 mg, 15 mg, 20 mg Myqorzo tablets for the treatment of symptomatic obstructive hypertrophic cardiomyopathy.

The ruling lifts a legal overhang that had clouded Musk’s incentives as Tesla leans further into AI and self-driving ambitions.

Investor jitters resurfaced around UnitedHealth as political pressure on insurance pricing intensified and visibility on policy outcomes remained limited.

Stat News on Friday raised concerns for Biopertin’s expedited approval under the FDA Commissioner's National Priority Voucher program.

The deals expand the pricing program to several drugmakers in exchange for temporary tariff relief.

Musk’s remarks come as NASA accelerates plans for a sustained U.S. return to the Moon, with SpaceX holding multibillion-dollar lunar contracts.

RBC said Oracle’s TikTok role could support cloud growth via expanded data infrastructure exposure.

Nvidia announced plans to invest $5 billion in ailing Intel in September at a purchase price of $23.28 per share.

New 48-week data showed its dual-action drug outperformed placebo across key non-invasive liver tests.

Investors focused on margin pressure and international challenges, overshadowing solid volumes and reaffirmed guidance.

Citi resumed coverage of the stock with a ‘Buy’ rating but cut its target price to $135 from $192.

Centrus Energy began manufacturing centrifuges domestically to support commercial production of low-enriched uranium at its Piketon facility in Ohio.

Nike shares were down more than 10% in Friday’s midday session after CEO Elliott Hill stated that the company is still facing a “longer road to a healthier business” in China.

China’s Tencent Holdings has gained access to Nvidia’s Blackwell chips via a Tokyo-based cloud service provider, according to a report from Barron’s.

Named DraftKings Predictions, the service is a standalone web and mobile app product that allows users to trade on real-world outcomes across a wide range of markets.

The company said AI demand is now embedded across its broader transformation work as it shifts reporting practices.

Latest financial projections suggest ByteDance will finish 2025 with net earnings close to $50 billion.

FDA placed a clinical hold on the proposed proof-of-concept clinical trial for Simufilam in tuberous sclerosis complex -related epilepsy earlier this week.

Invesco expects QQQ to begin trading as an open-ended fund from December 22.

The economist stated that forecasting a scenario for the U.S. economy won’t be as straightforward as it was before because of an increased probability of more extreme outcomes.

In the fourth-quarter earnings report, CEO Josh Weinstein shared optimism about the company’s prospects, signaling confidence in surpassing 2025’s performance benchmarks.

On Thursday, Trump signed a sweeping space policy executive order, launching an ambitious blueprint aimed at reinforcing America’s dominance in space exploration.

Shares rose on a combination of defense-related developments, recent launch activity and broader strength across space stocks.

The company aims to complete 65% of the “action plans” by the end of 2025, and 100% of those recommendations by the end of March 2026.

Conducted at President Trump’s residence, Waller’s interview was concluded before the President’s address to the nation on Wednesday night.

Galectin Therapeutics said it had received feedback from the FDA on its belapectin drug and also announced a new $10 million line of credit.

During an interview with CNBC, Williams said that the recent employment and inflation data did little to change his monetary policy outlook.

Nvidia lagged megacap peers amid valuation concerns, China headwinds, and AI bubble fears, though pullback improved multiples and Wall Street remains bullish on long-term growth catalysts.

The acquisition will add two new treatments to BioMarin’s existing medicines for rare inherited metabolic disorders.

Citi analysts said that FedEx is making progress on its long-term margin improvement objective; however, freight challenges are likely to limit the stock's near-term upside.

The agreement aims to provide businesses with a secure foundation for developing and deploying AI solutions while safeguarding critical data and intellectual property.

In a post on X, Ives framed AI not as a single trend, but as a multi-layered transformation in software, chips, and digital infrastructure.

This comes after President Donald Trump urged drugmakers in July to lower drug prices for the U.S. government’s Medicaid program.

PDD’s retailer has been able to cater to a global audience at lower costs and ultra-low product prices, but a bleak new future looms.

Wedbush Equity Research Analyst Scott Devitt reduced the price target on Lyft to $16 from $20.

Krispy Kreme launched a turnaround plan in August to deleverage its balance sheet, soon after ending its donut-sale partnership with McDonald’s, citing rising costs.

The new modular EMR expands NurseMagic into post-acute care, with customer onboarding expected in January 2026.

The move comes after Truist updated its long-term outlook for automotive, semiconductor, and artificial intelligence sectors.

Ives raised Rivian’s price target to $25 from $16, citing the company’s R2 launch and autonomy roadmap in 2026.

Although revenue growth has cooled, both Hilton and Marriott have continued to beat revenue and profit estimates in recent quarters while rolling out ambitious expansion plans.

Geopolitical tensions lifted critical metal stocks as U.S. reshoring efforts, government backing, and supply fears drove gains.

XOM and CVX are holding their ground—even as crude prices slide—by leaning on scale, deals, and fiscal discipline.

Coty has sold its remaining 25.8% stake in Wella to KKR-managed capital accounts and investment affiliates for an upfront cash payment of $775 million.

Starfighters Space debuted on the New York Stock Exchange (NYSE) on December 18 under the ticker symbol ‘FJET’.

The energy industry is dominated by integrated oil companies, upstream producers, and midstream operators.

WhiteFiber’s unit Enovum Data Centers Corp. signed a data center colocation agreement with Nscale Global that is expected to generate around $865 million in contracted revenue.

Investors carried over momentum from Thursday’s cooling CPI data.

ARK made its first straight Bitcoin purchase in March 2025, buying 997 BTC.