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.
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Boeing Delays Commercial Profit Turnaround to 2027 Amid Spirit Costs and Delivery Snags
Boeing pushes commercial airplanes profitability to 2027 due to Spirit AeroSystems integration surprises. Q1 margin ~ -7.5%, 737 Max wiring fixes and 787 delays weigh on results.
Mastercard to Acquire BVNK for Up to $1.8 Billion to Bridge Stablecoins and Traditional Payments
Mastercard announced it will acquire stablecoin infrastructure leader BVNK for up to $1.8 billion. The deal connects traditional fiat rails with on-chain payments and stablecoins for faster, interoperable global transactions.
Aldeyra Stock Plunges as FDA Rejects Reproxalap Dry Eye Drug in Major Setback
Aldeyra Therapeutics receives FDA Complete Response Letter rejecting reproxalap for dry eye disease due to insufficient efficacy. No safety issues. ALDX shares crash.
Six Flags Under Pressure: Jana Partners Demands Sale Talks and Leadership Shake-Up
Activist Jana Partners urges Six Flags to explore a sale and appoint new board chair amid dysfunction concerns, per letter.
Huang Reaffirms Copper's Role in Nvidia Servers: Optics Demand Takes a Breather
Nvidia CEO Jensen Huang reaffirms copper's role in AI server racks for Vera Rubin & Feynman, causing Coherent and Lumentum shares to fall ~4%. Credo rises as optics wait.