Edgewise Therapeutics (EWTX) has an average rating of buy and mean price target of $42.75, according to analysts polled by FactSet.
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Price: $39.52, Change: $+5.36, Percent Change: +15.69%
Pro Medicus' (ASX:PME) two recent contract awards in the US will help discredit fears of competitors in the artificial intelligence space eroding long-term demand, RBC Capital Markets said in a note, the Australian Financial Review reported Monday.The company disclosed that US subsidiary Visage Imaging renewed its partnership with Allegheny Health Network through a five-year contract valued at around AU$28 million, and also signed a seven-year contract with TidalHealth valued at AU$16 million.The contracts show that customers remain committed to longer term deals as opposed to shorter agreements that would maintain flexibility for AI-native alternatives, RBC analyst Jackson Lee said, according to the report.The awards also add to traction seen in the company's cloud imaging platform and transaction-based revenue model, RBC reportedly said.The investment firm kept a sector perform rating on Pro Medicus with a share price target of AU$195, AFR reported.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Nova Minerals (ASX:NVA) said the majority of its shareholders and the holders of its Nasdaq-listed warrants voted in favor of the proposed schemes of arrangement under which Nova Minerals Corp will acquire all of Nova Minerals' issued ordinary shares and listed warrants and become the new US holding entity of the Nova Minerals group, according to a Monday Australian bourse filing.Nearly 99% of the votes cast by shareholders were in favor of the proposed arrangements, while almost 100% of the votes cast by beneficial listed warrant holders were in favor.A court hearing for the Supreme Court of New South Wales to consider and potentially approve the schemes of arrangement is scheduled for Tuesday.Nova Minerals' shares fell nearly 1% in early trading on Monday.
Major digital assets rose Friday with Bitcoin (BTC-USD) topping $73,000.The CoinDesk Market Index, which tracks dozens of digital assets including Bitcoin, fell 0.2% in the past 24 hours. The Nasdaq 100 advanced 0.5%, the S&P 500 gained 0.2%, and the Dow Jones Industrial Average increased 0.7%.Bitcoin rose 0.2% to $73,560, according to CoinMarketCap data. The most popular cryptocurrency's 24-hour trading volume fell 14.7% to $35.14 billion.Ethereum (ETH-USD), the second-largest digital asset by market value, rose 0.4% to $2,017.XRP (XRP-USD) gained 0.8%, BNB (BNB-USD) rose 0.5%, and Solana (SOL-USD) added 0.3%. Dogecoin (DOGE-USD) climbed 0.9%, while Cardano (ADA-USD) dropped 0.3%.The US 10-year Treasury yield stood at 4.451% at 3 p.m. ET Friday, down from 4.490% Thursday, while the five-year yield fell to 4.146% from 4.184%.The total market value of the cryptocurrency industry advanced 0.3% in the past 24 hours to $2.48 trillion, with trading volume decreasing 13.7% to $90.38 billion.Price: $73437.89, Change: $-87.85, Percent Change: -0.12%