Seagate Stock Surges on AI-Driven Data Storage Boom
Seagate Technology (STX) beats Q2 expectations and forecasts strong Q3 growth as AI demand drives data storage needs. Stock hits new highs with 35% YTD gains.
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Altimmune Secures $75M in Direct Stock Offering to Advance Liver Disease Treatment
Altimmune raises $75 million through registered direct offering to fund Phase 3 trial of pemvidutide for MASH treatment and advance its liver disease therapy pipeline.
ASML Cuts 1,700 Jobs Despite Record AI-Driven Orders and Growth
ASML announces 1,700 job cuts to streamline operations while reporting record €13.2B Q4 bookings driven by AI chip demand. Sales expected to grow to €34-39B in 2026.
F5 Bounces Back Strong After Cybersecurity Breach, Raises 2026 Outlook
F5 (FFIV) exceeded expectations with 7% Q1 revenue growth and raised annual forecasts despite October security breach. Stock surged 14% after hours on strong results.
Cantor Fitzgerald Upgrades Korro Bio on Promise of KRRO-121
Cantor Fitzgerald upgrades Korro Bio to Overweight, citing strong preclinical data and market potential for its lead program KRRO-121.
Texas Instruments Sees Brighter Days Ahead with Strong Q1 Forecast
Texas Instruments forecasts Q1 revenue above Wall Street expectations, signaling recovery in analog chip demand after market downturn.