Gilead’s $5B Tubulis Deal Validates ADC Space – Bullish for Sutro Biopharma
Leerink sees major tailwind for Sutro Biopharma and initiates coverage with $38 price target.
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Major Leadership Shake-Up at The Trade Desk as Three Top Executives Exit
Three top execs are leaving The Trade Desk, following the resignation of board member Lise Buyer.
No More Delays: Apple Foldable iPhone Launching This September
Apple’s first foldable iPhone is coming this September, pricey $2K+, fixes screen issues, opens like an iPad, limited early stock.
Perrigo Stock Jumps on Takeover Rumors from German Drugmaker Stada
Perrigo Co. stock rose on takeover rumors, possibly by Stada Arzneimittel AG. No deal confirmed yet.
Arista Networks Stock Gets Bullish Upgrade — Analyst Sees Up to 40% Growth
Rosenblatt upgrades Arista Networks, citing strong AI demand and faster growth ahead.
Paramount Skydance Lands Billions From Saudi, Qatar & Abu Dhabi Wealth Funds in WBD Mega-Merger
Paramount gets $24B from Middle East funds to buy WBD, keeps control, offers perks to shareholders, deal aims to close in 2026.