U.S. stock futures were mostly lower this morning, with the Nasdaq 100 futures slipping around 0.1% on Wednesday. Shares of SeaStar Medical Holding Corp (NASDAQ:ICU) fell sharply in pre-market trading after the company announced a 1-for-10 reverse split. SeaStar Medical…
Daktronics, Inc. (NASDAQ:DAKT) on Tuesday announced the acquisition of intellectual property, equipment assets, and technical expertise from X Display Company Technology Limited (XDC), a specialist in mass-transfer processes and MicroLED technology. Financial terms were not disclosed. The Brookings, South Dakota–based…
Costco Wholesale Corp. (NASDAQ:COST) surged into the elite tier of Benzinga Edge's Stock Rankings this week, with its quality score jumping from 86.58 to 94.90 week-over-week. Check out COST’s stock price here. Earnings Beat Fuels Quality Score This move places…
The U.S. Food and Drug Administration (FDA) on Tuesday approved Agios Pharmaceuticals, Inc.’s (NASDAQ:AGIO) Aqvesme (mitapivat), an oral pyruvate kinase (PK) activator, for anemia in adults with alpha- or beta-thalassemia, a rare type of blood disorder that impacts hemoglobin production.…
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. Benzinga readers can review the latest analyst…
Snowflake Inc. (NYSE:SNOW) is in talks to acquire application monitoring startup Observe Inc. for about $1 billion. The Information reported the potential deal on Wednesday, though the transaction has not yet been finalized. Observe offers a modern observability platform built…
Faraday Future Intelligent Electric Inc. (NASDAQ:FFAI) stock rose Wednesday after the company disclosed that its Middle East subsidiary inked a memorandum of understanding (MOU) with RAK Digital Assets Oasis (also known as RAK Innovation City). The MOU outlines plans for collaboration…
Accenture plc (NYSE:ACN) on Wednesday disclosed a deal to acquire Cabel Industry from the Fibonacci Group for an undisclosed amount. The Italian firm delivers specialized core banking solutions and IT managed services for mid-sized financial institutions. The company said deal…
Copper has surged past $12,000 per ton for the first time on record. The late rally rounds out a breakthrough year for the orange metal, which saw a nearly 40% price increase. The move reflects growing investor confidence in unavoidable…
Sanofi SA (NASDAQ:SNY) on Wednesday agreed to acquire Dynavax Technologies Corporation (NASDAQ:DVAX) for $15.50 per share in cash, reflecting a total equity value of approximately $2.2 billion. The acquisition augments Sanofi’s presence in adult immunization. Key Vaccine Assets Dynavax’s adult…