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Wedbush Downgrades Tower Semiconductor: Valuation Concerns Amid Strong SiPh Growth

Wedbush lowers Tower Semiconductor rating to Neutral, citing valuation, but sees strong fundamentals in SiPh technology and limited upside from current estimates.

Wedbush Downgrades Tower Semiconductor: Valuation Concerns Amid Strong SiPh Growth
Credit: AP/Ariel Schalit
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12/31/2025 · 10:20 AM
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Chiesi Buys KalVista for $1.9 Billion in Biggest Deal Yet to Strengthen Rare Disease Portfolio
Featured/ 04/29/2026 · 8:41 AM

Chiesi Buys KalVista for $1.9 Billion in Biggest Deal Yet to Strengthen Rare Disease Portfolio

Chiesi will buy KalVista for $1.9B to get EKTERLY, a new oral rare disease drug, and grow its global rare disease business.

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Avis Budget Group Stock Plunges After Worse-Than-Expected Q1 2026 Loss
Featured/ 04/29/2026 · 8:17 AM

Avis Budget Stock Plunges After Worse-Than-Expected Q1 2026 Loss

Avis Budget Group shares plunged after a worse-than-expected Q1 2026 loss of $8.01 per share versus estimates, while revenue rose slightly.

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SoFi Doubles Q1 Profit to Record Highs — Loan Originations and Members Hit All-Time Records
Featured/ 04/29/2026 · 7:57 AM

SoFi Doubles Q1 Profit to Record Highs — Loan Originations and Members Hit All-Time Records

SoFi had strong Q1 profits, record loans and users, but stock fell as results met expectations and outlook was steady.

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