Rocket Companies Soars on Record Mortgage Volume News
Rocket Companies stock jumps 7% as CEO announces highest mortgage loan volumes in four years, signaling a thawing US housing market with improving rates.
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Novo Nordisk Expects Sales Drop in 2026 Amid Rising Competition
Novo Nordisk forecasts 5-13% sales decline for 2026 as Ozempic and Wegovy face intense competition from Eli Lilly and generics, plus US drug pricing pressures.
BofA Downgrades HP After CEO Exit
Bank of America downgrades HP to Underperform as CEO Enrique Lores leaves for PayPal amid slowing PC demand and rising costs.
Prelude Therapeutics Gets FDA Green Light for Groundbreaking Blood Cancer Treatment
Prelude Therapeutics receives FDA clearance to begin testing PRT12396, a targeted therapy for myeloproliferative neoplasms affecting thousands of patients.
FuboTV Stock Plunges Despite ESPN Partnership and Revenue Growth
FuboTV (FUBO) shares drop 21% to $1.79 after reporting Q1 losses, despite 40% revenue jump and new ESPN distribution deal. Company plans reverse stock split.
BlackSky Wins New Defense Contracts for Gen-3 Space Intelligence Services
BlackSky secures new international defense contracts for its Gen-3 Assured services, highlighting growing demand for fast, reliable space-based intelligence.