Day One Biopharmaceuticals (NASDAQ: DAWN) ripped higher on Friday morning after Servier signed a definitive agreement to acquire the California-based firm for about $2.5 billion in cash. Servier’s deal rewrites DAWN’s technical profile, valuing its shares at $21.5 each, which translates to a nearly 70% upside from its previous close. Following this explosive move to
In 2026, the cryptocurrency scene in Latin America is about to reach a new stage as institutional players become more aware of the region’s possibilities. The market is transcending its conventional retail-driven model as banks, asset managers, and fintechs start to invest cash and infrastructure. Although policy divergence remains a significant issue among nations, regulatory
Oil prices inched toward $100 a barrel Friday as Iran’s missile barrages entered day seven, crippling shipping through the Strait of Hormuz and driving insurance rates sky-high. US President Donald Trump countered with a dramatic $20 billion US-backed reinsurance initiative through the Development Finance Corporation, aimed at guaranteeing safe oil tanker passage and stabilizing the
Micron Technology shares fell on Friday as weakness in South Korean memory names weighed on sentiment and US investors awaited February jobs data. The moves come as US stocks remained in the red amid the Iran conflict, while South Korean memory giants Samsung Electronics and SK Hynix also declined on the Korea Exchange. Micron edges
In 2025, artificial intelligence moved from tech circles into everyday life. It showed up everywhere, from conversations at the dinner table, in questions about whether the next phone or washing machine would run on AI, and in emails from managers urging employees to learn how to use it. Suddenly, the technology was no longer abstract.
The crude oil price trajectory is increasingly indicating that the commodity may breach the $100 per barrel mark in the coming days as hostilities continue in the Middle East. Oil prices hit their highest level in nearly two years on Friday, with West Texas Intermediate surging past $86 and Brent hitting nearly $90 a barrel.
Shiba Inu (SHIB) continues to struggle as the memecoin trades under pressure despite a broader recovery in the cryptocurrency market. At the time of writing, Shiba Inu was trading at about $0.00000549, after a decline of roughly 2.9% over the past 24 hours. Shiba Inu has dropped about 6.2% in the past week, while losses
Nio stock price has gone sideways since November last year. It has remained inside a narrow range of between $4.38 and $5.78 in this period. This consolidation may end next week when the Chinese electric vehicle company releases its financial results. Nio stock has dropped despite important news The ongoing Nio stock consolidation mirrors that
The US labor market showed signs of cooling in February after nonfarm payrolls unexpectedly fell, and unemployment also came a notch higher than expected, complicating the picture for the Fed ahead of its rate decision as it weighs a weak jobs report against the fuel price-led inflationary risks caused by the Middle East conflict. Nonfarm
Brazilian aerospace manufacturer Embraer reported fourth-quarter revenue of $2.65 billion, bringing its total revenue for 2025 to a record $7.58 billion. According to a statement published by the company on Friday, the amount exceeded the upper end of the company’s projection and marks an 18% year-over-year rise. Strong performance in a number of business areas