Loop Capital Turns Bullish on Malibu Boats and MarineMax Ahead of 2026
Loop Capital starts coverage on Malibu Boats and MarineMax with Buy ratings, citing improving marine industry conditions and optimism for 2026.
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Cipher Mining Expands to Ohio with Major New Data Center Site
Cipher Mining acquires 200 MW site in Ohio for high-performance computing, marking first expansion outside Texas. Site to launch in 2027 with access to PJM market.
Coty Shakes Up Leadership: P&G Veteran Takes the Helm Amid Strategic Review
Cosmetics giant Coty appoints P&G veteran Markus Strobel as interim CEO and board chair as part of leadership overhaul. Company reviews consumer beauty strategy amid stock decline.
ServiceNow Buys Armis for $7.75B to Boost AI Security
ServiceNow acquires cybersecurity startup Armis for $7.75 billion to strengthen AI security as companies face growing cyber threats from AI adoption.
Sable Offshore Wins Federal Pipeline Approval, Stock Surges
Sable Offshore stock jumps 19% after federal regulators approve restart plan for Las Flores Pipeline System, marking progress for controversial California offshore oil project.
Reviva's Schizophrenia Drug Faces Major Setback: FDA Demands Second Phase 3 Trial
FDA rejects Reviva's NDA plans for brilaroxazine, requiring additional Phase 3 trial. Launch delayed until at least 2026+, contingent on securing funding for the study.