Apellis Pharmaceuticals (APLS) Moves 135.4% Higher: Will This Strength Last?

Apellis Pharmaceuticals (APLS) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not hel [...]

Biogen is buying anti-inflammatory drug startup RayThera for up to $1 billion

The deal adds multiple small-molecule anti-inflammatory drug candidates to Biogen's pipeline, with the lead asset set to begin human trials this summer [...]

Why Meta bought Manus — and what it means for your enterprise AI agent strategy

Facebook and Instagram parent company Meta’s agreement to acquire Manus for more than $2 billion — announced last night by both companies and reported in The Wall Street Journal — marks one of t [...]

The Netflix and Warner Bros. deal might be great for shareholders, but not for anyone else

Netflix's $82.7 billion acquisition of Warner Bros. is, in many ways, the last thing a weakened Hollywood needs right now. The industry is still recovering from the COVID-19 pandemic, where theat [...]

OpenAI's acquisition of OpenClaw signals the beginning of the end of the ChatGPT era

The chatbot era may have just received its obituary. Peter Steinberger, the creator of OpenClaw — the open-source AI agent that took the developer world by storm over the past month, raising concern [...]

Chinese regulators are investigating Qualcomm's acquisition of Autotalks

China's antitrust regulator has opened an investigation into Qualcomm's acquisition of Israeli connected-vehicle chip company Autotalks. The State Administration for Market Regulation (SAMR) [...]

Alibaba will pay 600 million dollars to settle a US probe into illegal pharmaceutical sales on its platform

Alibaba and its US digital payment processor have agreed to pay 600 million dollars to resolve a federal investigation into whether they failed to prevent the sale and importation of illegal pharmaceu [...]

Cerebras closes $1 billion funding round at $23 billion valuation after landing OpenAI deal

Cerebras Systems has closed a financing round of over one billion dollars, valuing the AI chip startup at around 23 billion dollars. A recent ten billion dollar deal with OpenAI likely helped attract [...]

Jeff Bezos' AI startup Prometheus closes $12 billion round at a $41 billion valuation

Jeff Bezos' AI startup Prometheus has closed a $12 billion funding round at a $41 billion valuation. The company launched just last November with $6.2 billion in seed funding. No products yet, be [...]