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Latest Articles

RoboStrategy, Inc. Raises Approximately $16.0 Million Through Private Share Issuances, Including $10.0 Million Investment by CEO Andrew Kang

RoboStrategy, Inc. Raises Approximately $16.0 Million Through Private Share Issuances, Including $10.0 Million Investment by CEO Andrew Kang

RoboStrategy, Inc., a Nasdaq-listed closed-end fund focused on robotics and physical artificial intelligence investments, announced successful private share issuances totaling approximately $16 million. The fund's CEO, Andrew Kang, personally contributed $10 million by acquiring shares at market price, demonstrating strong insider confidence. Proce…

LPL Financial Welcomes Buell Wealth Management

LPL Financial Welcomes Buell Wealth Management

LPL Financial announced that Buell Wealth Management, a long-established advisory firm managing approximately $370 million in assets, has joined LPL's broker-dealer and RIA platforms. This strategic move enhances LPL's wealth management capabilities, supporting Buell's experienced team with LPL's operational infrastructure and technology, to better…

Electrovaya Announces Commercial Relationship with Amazon

Electrovaya Announces Commercial Relationship with Amazon

Electrovaya Inc., a lithium-ion battery technology company, announced a commercial agreement and warrant transaction with Amazon. The partnership aims to support deployment of Electrovaya's Infinity Battery Technology in material handling operations, with potential expansion into robotics and energy storage applications. Amazon will receive warrant…

Rubico Announces Acquisition of Additional Newbuilding MR Tanker and a 33% Increase of Potential Gross Revenue Backlog to About $305 Million

Rubico Announces Acquisition of Additional Newbuilding MR Tanker and a 33% Increase of Potential Gross Revenue Backlog to About $305 Million

Rubico Inc. has agreed to acquire a newbuilding MR chemical/product oil tanker through purchasing shares in a related company with a confirmed 7-year charter, enhancing its revenue backlog by about 33% to approximately $305 million. This strategic acquisition, supported by financing and corporate guarantees, aligns with Rubico's goal to grow its co…

U.S. Producer Prices Slip in June as Goods and Energy Costs Drop

U.S. Producer Prices Slip in June as Goods and Energy Costs Drop

The Producer Price Index for final demand fell 0.3% in June, weighed down by a large drop in goods prices and energy costs. Annual wholesale inflation slowed to 5.5% year-on-year, while services prices edged higher. The report follows a separate government release showing a steep monthly decline in consumer prices, and comes amid renewed tensions i…

Merck Shares Rise After Partner's Lung Cancer Trial Meets Primary Goal

Merck Shares Rise After Partner's Lung Cancer Trial Meets Primary Goal

Merck & Co. shares gained following Kelun-Biotech's announcement that a late-stage study of the experimental antibody-drug conjugate sac-TMT, when given with Merck's immunotherapy Keytruda, met its primary endpoint in first-line advanced lung cancer patients without PD-L1 expression. The combination improved progression-free outcomes versus Keytrud…

Williams Says Elevated Inflation May Have Peaked, Expects Gradual Decline

Williams Says Elevated Inflation May Have Peaked, Expects Gradual Decline

New York Federal Reserve President John Williams described current U.S. inflation as "unquestionably too high" but outlined several reasons why he expects inflation to have already peaked and to decline over the coming quarters. He identified recent tariff increases, supply chain disruption, energy price spikes tied to the Middle East war and stron…

Glo Fiber Welcomes its 100,000th Customer

Glo Fiber Welcomes its 100,000th Customer

Shenandoah Telecommunications Company (Shentel) announced that its subsidiary Glo Fiber has achieved a milestone of 100,000 fiber broadband customers, reflecting robust demand for its 100% fiber optic internet services. The company emphasizes ongoing network expansion, enhanced customer experience, and long-term growth prospects driven by next-gene…

TD Cowen Lowers Evotec Rating After Q2 Revenue Miss and Downbeat Guidance

TD Cowen Lowers Evotec Rating After Q2 Revenue Miss and Downbeat Guidance

TD Cowen downgraded Evotec SE to hold and cut its price targets after the company reported preliminary second-quarter revenue below expectations and reduced full-year 2026 guidance. The revenue shortfall was driven by declines in Discovery & Preclinical and Just–Evotec Biologics businesses, while management signaled that revenue pushed from H2 2026…

SciSparc: NeuroThera Labs Announces Initiation of Phase IIb Clinical Trial at Hannover Medical School in Germany for Innovative Treatment of Tourette Syndrome

SciSparc: NeuroThera Labs Announces Initiation of Phase IIb Clinical Trial at Hannover Medical School in Germany for Innovative Treatment of Tourette Syndrome

SciSparc Ltd., through its subsidiary NeuroThera Labs, has started a Phase IIb clinical trial at Hannover Medical School in Germany to evaluate SCI-110, its cannabinoid-based drug candidate for treating Tourette Syndrome in adults. The randomized, double-blind, placebo-controlled trial builds on positive Phase IIa results and includes sites in the …

Analyst: Memory Stock Selloff Signals a Long-Term Buying Window

Analyst: Memory Stock Selloff Signals a Long-Term Buying Window

KB Securities told investors that the recent plunge in a major memory stock represents a buying opportunity over the long term, contending the drop stems from weakening sentiment rather than a change in industry fundamentals. The firm highlights an upcoming, severe DRAM shortage driven by heavy investment in high-bandwidth memory (HBM) and expects …

Osisko Gold Completes Name Change from Osisko Development

Osisko Gold Completes Name Change from Osisko Development

Osisko Gold Group Inc. completed its name change from Osisko Development Corp. to better reflect its focus on gold and precious metals development in North America. The stock ticker symbol will change to OGG on both the TSX Venture Exchange and the New York Stock Exchange. This follows shareholder and regulatory approval, and there will be no antic…