Chinese Tech Surge: Alibaba Leads Hang Seng Tech Rally on Accelerating Cloud Growth
Strong Cloud revenue outlook and narrower Taobao losses drove the surge, lifting the Hang Seng Tech Index 5%.
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Barclays Initiates Cautious Coverage on PayPal with $42 Target Amid Growth Concerns
Despite the bearish call, analyst consensus sits near $53 with a Hold rating.
FDA Grants Rare Pediatric Disease Designation to Vanda’s Investigational Therapy VCA-894A for Ultra-Rare CMT2S
The designation makes Vanda eligible for a Priority Review Voucher upon approval.
Annovis Bio Gets Bullish Coverage from Roth Capital Amid Phase 3 Momentum
Annovis Bio receives bullish coverage from Roth Capital as its Phase 3 Alzheimer’s trial hits full enrollment.
Rodman & Renshaw Highlights (Z)-Endoxifen Potential as It Initiates Buy on Atossa Therapeutics
Rodman & Renshaw assigns Buy rating and $12 PT on (Z)-endoxifen, highlighting breast cancer program and rare disease upside.
Meta Stock Climbs as Muse Image Takes On OpenAI and Midjourney
Meta unveils Muse Image, its first in-house AI image generation model, integrated into Instagram, WhatsApp, and Meta AI.