Lumentum Lands Massive Multibillion-Dollar OCS Deal
Executives highlight strong execution and new multibillion OCS pact at OFC 2026—replacing $400M guidance for years of revenue growth in cloud/AI networking.
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China’s NMPA Fast-Tracks Gyre Therapeutics’ Hydronidone (F351)
China’s NMPA has granted priority review to Gyre Therapeutics’ NDA for Hydronidone (F351) for chronic hepatitis B liver fibrosis.
Nebius Plunges After Announcing $3.75 Billion Convertible Notes Offering
Nebius stock plunged up to 10% after announcing a $3.75 billion offering of convertible senior notes due 2031 and 2033. The funds will finance data center builds, GPU purchases, and AI cloud expansion.
Solaris Energy Stock Jumps After Landing Huge 900 MW Power Expansion Deal
Solaris Energy Infrastructure announced a 900 MW natural gas turbine expansion and closed a new $300M credit facility. Shares jumped after Barclays raised its price target to $74.
JPMorgan Boosts Edgewise Therapeutics Target to $45: Bullish on 2026 Catalysts and EDG-7500 Momentum
JPMorgan boosts Edgewise Therapeutics price target to $45 from $34, maintains Overweight rating. Bullish on EDG-7500 catalysts and strong 2026 setup.
Freshpet Stock Drops as Ads Get Human-Grade Warning from Watchdog
Freshpet (FRPT) agrees to discontinue ads implying "human grade" dog food after The Farmer's Dog challenge and NAD recommendation; FRPT shares fall ~9% amid competition.