Deckers Outdoor Stock Downgraded as Analysts Warn on Discount Strategy
Piper Sandler and Baird downgrade Deckers Outdoor stock, citing heavy discounting at Hoka and Ugg and concerns about long-term brand health.
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Jefferies Turns Cautious on First Solar on 2026 Visibility Concerns
Jefferies cut First Solar to Hold from Buy, lowered its price target, and raised concerns about 2026 visibility, strategy, and limited upside for the stock.
Mobileye Acquires Mentee Robotics for $900M to Lead Physical AI Revolution
Mobileye purchases humanoid robotics startup Mentee for $900M, combining self-driving car technology with advanced robots for factories and warehouses.
Lilly Acquires Ventyx Biosciences for $1.2 Billion to Expand Inflammation Treatment Pipeline
Eli Lilly acquires Ventyx Biosciences for $1.2 billion to advance oral therapies targeting chronic inflammation in heart, brain, and autoimmune diseases.
Ziihera GEA Trial: Modest Gains Come With Severe Side Effects
Jazz new stomach cancer drug extends survival by 7 months but causes severe side effects in 25% of patients. Ziihera-only combination failed to achieve statistical significance for overall survival at first analysis.
TD Cowen Cuts Roblox Price Target to $70 Amid Slower User Activity
TD Cowen lowers Roblox price target to $70, citing slower December bookings and declining engagement on top games.