News Hub

Jul 6, 2026

Nina Shah

Press Releases

Can-Fite Achieves Key Pivotal Phase 3 Psoriasis Milestone with Completion of Patient Enrolment for the Interim Analysis: Data Expected Q4 2026/Q1 2027

Can-Fite BioPharma has completed enrollment of 247 patients in its pivotal Phase 3 trial for Piclidenoson, an oral treatment for moderate-to-severe plaque psoriasis. The study, designed in agreement with the FDA and EMA, will undergo interim analysis evaluating efficacy and safety, with results expected in late 2026 or early 2027. Piclidenoson's or…

CANF

Jul 6, 2026

Caleb Monroe

Press Releases

Descartes Acquires Drivin

Descartes Systems Group announced the acquisition of Drivin, a Latin American delivery management platform, to enhance its AI-powered last mile logistics and expand its Global Logistics Network in Latin America. This acquisition strengthens Descartes' position in the logistics technology sector by leveraging Drivin's advanced route optimization, di…

DSGX

Jul 6, 2026

Marcus Reed

Press Releases

Nephros Announces Inclusion in the Russell Microcap® Index

Nephros, Inc., a water technology company specializing in filtration solutions for medical and commercial markets, announced its inclusion in the Russell Microcap® Index following the 2026 annual reconstitution. This inclusion, effective June 26, 2026, is expected to increase the company's visibility among institutional investors and support its gr…

NEPH

Jul 6, 2026

Nina Shah

Stock Markets

Brookfield Expands AI Power Financing, Driving Bloom Energy Pre-Market Lift

Bloom Energy shares climbed 4.0% in pre-market trading after Brookfield Asset Management expanded a financing framework for AI infrastructure from $5 billion to $25 billion, a move intended to accelerate deployment of Bloom’s solid oxide fuel cells at AI data centers and hyperscale facilities. The transaction, announced after the close on June 30, …

Jul 6, 2026

Marcus Reed

Stock Markets

Goldman Raises Its Share of EMEA M&A as Regional Deal Activity Hits 19-Year High

Goldman Sachs expanded its advisory share of Europe, Middle East and Africa mergers and acquisitions in the first half of 2026, taking the largest slice of the region's market in nearly a decade. LSEG data show EMEA deal value reached $676 billion in H1 2026, more than double 2025 levels and the highest in 19 years. Goldman advised on a disproporti…

Jul 6, 2026

Marcus Reed

Stock Markets

Germany Says It Expects ThyssenKrupp-Led Bid to Win Canada Submarine Contract

A German official told reporters in Berlin that Germany expects Canada to award a submarine-building contract to a consortium led by ThyssenKrupp Marine Systems (TKMS). The bid faces competition from South Korea's Hanwha Ocean Co. and HD Hyundai Heavy Industries Co., and could be worth more than C$100 billion over the full duration, including suppo…

Jul 6, 2026

Leila Farooq

Stock Markets

Maersk Shares Slide After Suez Transit Resumption Signals Capacity Return

Shares of AP Moeller - Maersk fell sharply after the company and Hapag-Lloyd said one service in their Gemini Cooperation network will resume transits through the Suez Canal instead of sailing around the Cape of Good Hope. The move is being read by markets as a signal that the Red Sea diversion era is unwinding, which would free up vessel capacity …

Jul 6, 2026

Ajmal Hussain

Stock Markets

Rivian Shares Tick Higher After Q2 Production Beat and Upward Guidance Revision

Rivian stock rose modestly in pre-market trading after the company reported Q2 2026 production of 12,613 vehicles and deliveries of 12,194, exceeding its guidance range. Management raised full-year delivery guidance to 65,000–70,000 vehicles from 62,000–67,000. Analyst coverage and new index inclusions have increased institutional demand ahead of t…

Jul 6, 2026

Hana Yamamoto

Politics

Roberts and Trump: How Occasional Convergence Produced Major Supreme Court Wins and Losses

During the Supreme Court’s most recent nine-month term that ended on Tuesday, Chief Justice John Roberts and President Donald Trump achieved significant, sometimes overlapping victories when their institutional priorities converged. The court issued several high-profile rulings that expanded presidential control over regulatory agencies and struck …

Jul 6, 2026

Avery Klein

Stock Markets

Maersk, Hapag-Lloyd Stocks Slide as Joint Gemini Service Returns to Suez Canal

Maersk said one of its jointly operated Gemini network services with Hapag-Lloyd will again transit the Suez Canal, a move the companies described as a measured step toward restoring trans-Suez routings. The announcement coincided with share declines for both carriers and follows a period of diversions around Africa triggered by attacks in the Red …

Jul 6, 2026

Maya Rios

Trade Ideas

Victory Capital: Multiple Growth Levers Meet Reasonable Valuation

Victory Capital (VCTR) combines inorganic scale from the Amundi US deal, durable fee-bearing assets across mutual funds, ETFs and institutional channels, plus shareholder returns that support the thesis. At $87.80, the shares trade at ~18.7x earnings with free cash flow of $422M and a market cap near $5.48B. I recommend a tactical long for mid-term…

VCTR

Jul 6, 2026

Nina Shah

Economy

FCA Calls for Review of Rules Governing General-Purpose AI in Financial Advice

The UK Financial Conduct Authority has recommended a review to determine whether large language models and other general-purpose AI systems should fall inside financial regulation, citing growing consumer trust in these tools and the concentration of reliance on a few technology providers that could create system-wide vulnerabilities.

Jul 6, 2026

Derek Hwang

Press Releases

Pharvaris Announces FDA Acceptance of New Drug Application for Deucrictibant IR for On-Demand Treatment of Hereditary Angioedema Attacks

Pharvaris announced the FDA acceptance of its New Drug Application for deucrictibant immediate-release capsules, a novel oral bradykinin B2 receptor antagonist for on-demand treatment of hereditary angioedema (HAE) attacks. The NDA includes positive phase 3 clinical data demonstrating rapid symptom relief, sustained efficacy, and a favorable safety…

PHVS

Jul 6, 2026

Leila Farooq

World

Justice Department Seeks Dismissal of Adani Case, Citing Foreign Scope and Weak Prospects

The U.S. Justice Department has asked a federal judge to dismiss all charges with prejudice against Indian billionaire Gautam Adani and other defendants, saying the case is primarily foreign in nature, faces slim chances of success, and does not implicate U.S. interests. The request follows an order from U.S. District Judge Nicholas Garaufis asking…

Jul 6, 2026

Maya Rios

Stock Markets

Datadog Shares Slip After Bernstein SocGen Lowers Rating; Price Target Raised but Below Recent Levels

Datadog shares fell in pre-market trading after Bernstein SocGen downgraded the cloud monitoring company from Outperform to Market Perform while increasing its price target to $226 from $180. The firm cited signs of weakening demand in enterprise accounts and some AI Lab customers, and warned the non-AI portion of revenue - roughly 85% - may see gr…

Jul 6, 2026

Caleb Monroe

Stock Markets

FCA Review Urges Consideration of Regulating Large Language Models as General-Purpose AI

A senior Financial Conduct Authority official has called for a review to determine whether widely used large language models - including ChatGPT, Claude and Gemini - should fall inside the regulatory perimeter as they increasingly shape consumer financial choices. The review highlights rising consumer trust in these tools, growing deployment of AI …

Jul 6, 2026

Leila Farooq

Stock Markets

BP to Exit Bay du Nord Stake as Equinor Moves to Full Ownership

BP has agreed to sell its 37.2% stake in the Bay du Nord offshore oil project in Canada to partner Equinor. Financial terms were not disclosed. Equinor will become the sole owner and aims to drive the project toward a final investment decision in early 2027, targeting first oil in 2031 with estimated required investment of about C$14 billion. BP wi…

Jul 6, 2026

Ajmal Hussain

Economy

Japan-linked Fleet Departs Strait of Hormuz After Prolonged Stranding

Ten vessels connected to Japan began transiting out of the Strait of Hormuz on Monday after being detained in the corridor for months, media reports said. The group includes six very large crude carriers loaded with about 12 million barrels of Middle Eastern crude, alongside chemical tankers, a vehicle carrier and a container ship. The movements, c…

Jul 6, 2026

Maya Rios

Stock Markets

J.P. Morgan Starts U.S. Coverage of Wise at Overweight, Lifts London Target to 1,320p

J.P. Morgan has begun U.S. coverage of Wise with an "overweight" rating and a December 2027 target of $17.50, while also increasing its London price target to 1,320 pence. The broker updated forecasts after Wise reported FY26 results and provided FY27 guidance, leaving net revenue estimates largely unchanged but lifting income-before-tax margin ass…

Jul 6, 2026

Derek Hwang

Stock Markets

SK Hynix kicks off $28 billion U.S. ADR sale, secures up to $7 billion in investor interest

SK Hynix has filed to sell American depositary receipts (ADRs) on Nasdaq to raise 43 trillion won ($28.07 billion). Major investors have signalled interest for as much as $7 billion in the offering. The move aims to broaden the company’s investor base and finance factory construction and chipmaking equipment purchases as memory demand tied to AI su…

Jul 6, 2026

Hana Yamamoto

Stock Markets

Wall Street Initiations Lift EROC Shares as AI Data Center Power Demand Drives Interest

EROC jumped 3.9% in pre-market trading after four prominent Wall Street firms launched coverage on the same morning with constructive ratings. Analysts pointed to the company’s modular natural gas power systems as positioned to benefit from rising electricity demand at AI data centers. Positive fundamentals cited across reports include $600 million…

Jul 6, 2026

Jordan Park

Commodities

Markets Reopen: Payrolls, Chips and Corporate Results Take Center Stage

Global markets opened the week mixed as investors returned from the U.S. July 4 holiday. A softer-than-expected June U.S. jobs report and a busy corporate earnings calendar are shaping expectations for monetary policy and risk appetite. Tech names, particularly memory chipmakers, face scrutiny amid strong AI-driven demand, while oil moves and geopo…

Jul 6, 2026

Marcus Reed

Stock Markets

JPMorgan Sees Semiconductor Weakness as Buying Chance; Broader Market Participation Expected in H2 2026

JPMorgan strategist Mislav Matejka recommends using recent declines in semiconductor stocks as opportunities to add exposure, arguing the sector's upcycle remains intact and material new supply is unlikely before 2028. The firm expects wider market participation in the second half of 2026 as the market impact of conflict-related oil and inflation m…

Jul 6, 2026

Hana Yamamoto

Stock Markets

Hapag-Lloyd Shares Drop After Partner Reopens Suez Route

Hapag-Lloyd shares slid after the carrier and alliance partner Maersk said a service in their Gemini cooperative will resume using the Suez Canal rather than routing around the Cape of Good Hope. The decision, which rolls back a higher-margin emergency routing introduced amid Red Sea security worries, has sparked investor concern about imminent fre…

Jul 6, 2026

Derek Hwang

Stock Markets

SK hynix Seeks Nasdaq Listing with 177.9 Million ADSs; Cornerstone Buyers Signal Interest up to $7 Billion

SK hynix Inc. has filed to offer 177,900,000 American Depositary Shares (ADSs) on the Nasdaq Global Select Market under the ticker SKHY. Each ADS equals one-tenth of a common share. The company reported its common shares traded at ₩2,425,000 on July 3, 2026, implying an approximate ADS value of $158.14 using an exchange rate of ₩1,533.44 per $1.00.…