Sigma Lithium Gets Bullish Upgrade from Bank of America
Bank of America upgrades Sigma Lithium to Buy: strong cash boost helps growth and eases short-term money worries.
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Wall Street Upgrades Wingstop Stock After 44% Drop
Raymond James upgrades Wingstop to Strong Buy with $240 target, while Piper Sandler raises it to Overweight at $190.
ALTO-101 Misses Primary Endpoint in Schizophrenia Trial, Company Shifts Focus to ALTO-207
ALTO-101 misses Phase 2 endpoints but shows signals. Alto pivots to ALTO-207 in treatment-resistant depression with strong prior data.
Amazon Eyes Globalstar Takeover to Challenge Starlink
Amazon is negotiating to acquire Globalstar to speed up its satellite internet project and compete with Elon Musk’s Starlink. Apple’s 20% stake adds complexity to the deal.
Connect Biopharma Insider Buying: Panacea Venture Adds 1.16M Shares
Director James Huang and Panacea Venture bought 1.16 million shares of Connect Biopharma at $3.45, boosting their stake to 21.2%.
Blackstone and Bank of America Back Oracle’s $16 Billion Michigan AI Project
Oracle is finalizing a $16 billion deal—after months of stop-and-start negotiations—to build a massive AI data center in Michigan. Despite local pushback and Wall Street scrutiny, the project is moving forward rapidly with backing from Blackstone and BofA.