Vertiv Expands Liquid Cooling Services with PurgeRite Acquisition
Vertiv intends to acquire PurgeRite to enhance fluid management services, supporting high-density AI data centers and improving thermal efficiency and system uptime.
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UAE Air Taxis: New Target Set for Flying Car Certification
The UAE aims to approve flying cars (air taxis) by late 2026. This key certification delay caused stock prices for major eVTOL companies to fall.
William Blair Upgrades Terns Pharmaceuticals to Outperform After Strong TERN-701 Data
William Blair upgraded Terns Pharmaceuticals (TERN) to Outperform following impressive Phase 1 CARDINAL trial results of TERN-701 in chronic myeloid leukemia, showing a 75% overall major molecular response rate and strong safety profile.
TScan Therapeutics Pauses Solid Tumor Trial to Prioritize Heme, and Extends Cash Runway into Second Half of 2027
TScan Therapeutics (TCRX) announced a major strategic shift, securing FDA alignment for its pivotal TSC-101 trial for blood cancers, improving manufacturing speed, and cutting costs to extend its financial health into the second half of 2027.
Beyond Meat Delays Earnings to Handle Major Asset Write-Down
Plant-based meat maker Beyond Meat (BYND) delayed its Q3 earnings release to calculate a massive asset write-down.
Amazon AWS Secures Massive $38 Billion Deal to Supply OpenAI Compute Power
AWS signed a $38 billion deal to power OpenAI. Amazon will provide massive computing resources (like Nvidia GPUs) over seven years for AI development.