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Fortinet Opens New Innovation Hub in New York City

Fortinet (FTNT) said Tuesday it has opened a new 40,000-square-foot company-owned innovation hub in New York City.The move represents an investment of over $60 million, and will include a new data center, an executive briefing center, and a cybersecurity training center, according to the company.Price: $168.59, Change: $-1.59, Percent Change: -0.93%

$FTNT

Wire7d ago

Varonis Launches Data Lifecycle Management to Automate ROT Data Removal

Varonis Systems (VRNS) said Tuesday it launched Data Lifecycle Management, a new capability designed to automatically identify and remove redundant, obsolete and trivial data across an organization's data environment.The tool is built on the Varonis Data Security Platform and brings ROT data into a single dashboard. It provides context on duplicates and sensitive files, and identifies ROT data in media files, installers, DLLs and archives.It also automatically quarantines data that violates configurable retention policies. The quarantine is reversible, so data is not permanently deleted without safeguards, the company said.Price: $47.45, Change: $-0.03, Percent Change: -0.06%

$VRNS

Wire7d ago

Orchestra BioMed Obtains $6.1 Million Milestone Payment From Haemonetics' Acquisition of Vivasure

Orchestra BioMed (OBIO) said Tuesday it has received $6.1 million as a milestone payment in connection with Haemonetics' (HAE) acquisition of Vivasure Medical in January.The payment completes the $11 million in proceeds Orchestra expected from the transaction, it said.Orchestra said it remains eligible to receive additional proceeds of up to $10 million through future revenue earnouts, subject to attaining certain milestones, for total potential proceeds of up to $21 million.Price: $5.98, Change: $+0.08, Percent Change: +1.36%

$HAE$OBIO

Wire7d ago

Xtend AI Robotics to Establish New Hub in Mexico

Xtend AI Robotics (XTND) plans to establish a new hub in Mexico as part of its global expansion, the company said Tuesday.The hub, named XFAB Mexico, is intended to build Xtend's local capabilities in manufacturing, system integration, technical support and customer operations, and is expected to pave the way for business growth in Mexico and the region, the company said.Xtend said it plans to work with relevant Mexican organizations to determine specific requirements, initially focusing on the Mexican Armed Forces.Price: $4.31, Change: $-0.11, Percent Change: -2.49%

$XTND

Wire7d ago

e.l.f. Beauty Brand e.l.f. Cosmetics Launches in Brazil With Sephora

e.l.f. Beauty's (ELF) brand e.l.f. Cosmetics said Tuesday it is expanding into Brazil exclusively through Sephora.The products will be available starting Sept. 29 at select Sephora Brazil stores and on Sephora's local website, the companies said.Financial details were not provided.Price: $97.11, Change: $+0.35, Percent Change: +0.36%

$ELF

Wire7d ago

TPG RE Finance Trust Prices $1 Billion Collateralized Loan Obligation

TPG RE Finance Trust (TRTX) has priced TRTX 2026-FL8, a $1 billion managed commercial real estate collateralized loan obligation or CLO, according to a Tuesday statement.The company said it expects to place about $820 million in investment grade securities with institutional investors, with the CLO to close on or around Oct. 2.

$TRTX

Wire7d ago

TD SYNNEX, Hammerhead AI Launch Distribution Partnership for ORCA Software

TD SYNNEX (SNX) and Hammerhead AI said Tuesday they are launching a collaboration under which TD SYNNEX will distribute Hammerhead's Orchestrated RL Control Agents, or ORCA, software.The software converts stranded power in data centers into AI capacity, the companies said.Under the deal, TD SYNNEX will lead go-to-market efforts via its network of resellers globally, the companies said.Financial details were not provided.Price: $265.10, Change: $+3.88, Percent Change: +1.49%

$SNX

Wire7d ago

Nasdaq Verafin, Stablecore Collaborate on Financial Crime Detection

Nasdaq's (NDAQ) financial crime management unit Nasdaq Verafin and Stablecore said Tuesday that they have formed a partnership to combine traditional banking and digital asset transaction data to help financial institutions detect financial crimes.Under the partnership, the companies said Stablecore's digital asset transaction activity data will be integrated into the Nasdaq Verafin platform to provide banks and credit unions with a consolidated view of activity across traditional and digital asset channels.The companies said Stablecore will hold digital asset and transaction information without storing personally identifiable information, while customer and account data will remain in the core banking system.The integration is currently in beta, with plans to roll out to mutual customers in Q4 as well as in Q1 of 2027, the companies said. Financial terms were not provided.Price: $90.42, Change: $-1.15, Percent Change: -1.26%

$NDAQ

Wire7d ago

Micron Demonstrates World's First Ultra-Dense Memory Module Across Multiple Server Platforms

Micron Technology (MU) said Tuesday it has successfully demonstrated the world's first 512GB DDR5 RDIMM module on multiple server platforms, delivering speeds of up to 9,200 Megatransfers per second.The company is working with leading ecosystem enablers, including AMD (AMD) and Intel (INTC), to validate the module and ensure broad compatibility, according to a statement.Micron said it expects 512GB RDIMMs to be in volume production sometime in the second half of 2027.Price: $932.68, Change: $+8.65, Percent Change: +0.94%

$AMD$INTC$MU

Wire7d ago

Salesforce, Nvidia Introduce CRM Reasoning Model for Agentforce

Salesforce (CRM) and Nvidia (NVDA) on Tuesday introduced Salesforce's first customer relationship management reasoning model for Agentforce called Koa.Koa was built by post-training Nvidia Nemotron 3 Super open-source model with a proprietary synthetic dataset modeled on enterprise knowledge from almost three decades of CRM deployments, according to the companies.The companies added that they are also bringing Nemotron-based models and accelerated computing into Missionforce, a business unit of Salesforce.Koa is already in use inside Salesforce, and is now moving into customer pilots with 1-800Accountant, Baxter Credit Union, Engine, Formula 1, UChicago Medicine, and Xero, the companies said.Price: $256.50, Change: $-2.80, Percent Change: -1.08%

$CRM$NVDA

Wire7d ago

Maase Unit Signs Deal to Provide Computing Services to Beijing VirtAI Technology

Maase's (MAAS) Huarong Future Technology unit has signed a 76.8 million Chinese renminbi ($11.4 million) agreement with Beijing VirtAI Technology to provide computing services, the digital systems provider said Tuesday.Under the 12-month agreement, Huarong Future will provide computing power to support large language model training and other artificial intelligence workloads, Maase said.Price: $16.41, Change: $+0.07, Percent Change: +0.43%

$MAAS

Wire7d ago

Oracle to Provide Solutions to Standardize Quorum Health's Technology Platforms

Oracle (ORCL) was selected to provide solutions to standardize technology across Quorum Health's clinical, operational and financial functions, the companies said Tuesday.No financial details were disclosed. Quorum Health will deploy Oracle Health Electronic Health Record, Oracle Health Clinical AI Agent, Oracle Health Patient Accounting, Oracle Health Patient Portal and Oracle Health Data Intelligence, according to the statement.Price: $143.55, Change: $-1.17, Percent Change: -0.81%

$ORCL

Wire7d ago

BlossomHill Drug Shows 45% Response Rate in Lung Cancer Trial

BlossomHill Therapeutics (BLSM) said Tuesday that updated data from the phase 1/2 SOLARA trial of BH-30643 showed a 45% objective response rate and an 88% disease control rate in patients with EGFR C797S-positive non-small cell lung cancer following prior EGFR inhibitor treatment.Among 40 patients, 18 achieved a confirmed or ongoing unconfirmed partial response, while 25 remained on treatment at a median follow-up of 6.9 months, the company said.Among 174 patients treated at expansion doses of 40 mg, 50 mg or 60 mg twice daily, treatment-related dose reductions and discontinuations occurred in 9% and 3% of patients, respectively, BlossomHill said.BlossomHill plans to initiate a global phase 2 study targeting EGFR C797S-positive NSCLC in Q1 2027.Shares of the company were 6.7% higher in Tuesday premarket activity.

$BLSM

Wire8d ago

Veea, NovaGen Sign Term Sheet for Potential $750 Million Combination

Veea (VEEA) and NovaGen Group signed a term sheet to merge in a deal that values the new entity at $750 million, and GeoNova Capital also signed a term sheet to invest $10 million in the combined company as a cornerstone investor.Veea said Monday the value of the combined company was based on management's internal projections and an independent assessment.The potential merger remains subject to definitive documentation and closing conditions, with a final agreement expected in the coming weeks, the companies said.The companies also announced plans to launch NovaGen Health Networks, a connected health platform combining Veea's edge computing and cybersecurity technology with NovaGen's cellular reprogramming and clinical services. Initial deployments are set to begin at NovaGen clinics and partner hospitals in Q4.Veea is headquartered in New York, NovaGen is based in Amsterdam, and GeoNova Capital is in the United Arab Emirates.Veea shares rose 59% in after-hours trading.

$VEEA

Wire8d ago

Contineum Therapeutics Says Phase 2 Major Depressive Disorder Study Fails to Meet Primary Efficacy Endpoint

Contineum Therapeutics (CTNM) said late Monday the phase 2 MOONLIGHT-1 trial of JNJ-5120/PIPE-307 for the treatment of major depressive disorder did not meet its primary efficacy endpoint.JNJ-5120/PIPE-307 is being developed by Johnson & Johnson (JNJ) under a global license and development agreement, the company noted.The study evaluated improvement from baseline in the Montgomery-Asberg Depression Rating Scale total score at Day 5 compared with placebo, the company said, adding that the treatment was well tolerated and showed no new safety signals.Johnson & Johnson is continuing to review the trial data, including prespecified exploratory endpoints, to determine next steps for the program, according to a statement.

$CTNM$JNJ

Wire8d ago

Market Chatter: OpenAI Acquires Camera Startup Glass Imaging

Microsoft-backed (MSFT) OpenAI quietly acquired Glass Imaging, a startup developing AI-powered smartphone camera technology aimed at matching DSLR image quality, The Wall Street Journal reported Monday, citing people familiar with the matter.The deal valued Glass Imaging at more than $300 million, some of the people said, according to the report. OpenAI's exact plans for Glass Imaging are not clear, the report added.OpenAI and Glass Imaging did not immediately respond to requests for comment from.(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.)Price: $506.92, Change: $+11.29, Percent Change: +2.28%

$MSFT

Wire8d ago

Top Cryptocurrencies Rise; Bitcoin Tops $79,000

Major digital assets rose Monday, with Bitcoin (BTC-USD) topping $79,000.The CoinDesk Market Index, which tracks dozens of digital assets including Bitcoin, rose 2.7% in the past 24 hours. The Nasdaq 100 and, the S&P 500 each dropped 0.5%, and the Dow Jones Industrial Average declined 0.3%.Bitcoin gained 2.4% to $79,065, according to CoinMarketCap data. The most popular cryptocurrency's 24-hour trading volume more than doubled to $28 billion.Ethereum (ETH-USD), the second-largest digital asset by market value, rose 1.5% to $2,543.XRP (XRP-USD) jumped 7.8%, BNB (BNB-USD) rose 0.7%, and Solana (SOL-USD) increased 2.3%. Dogecoin (DOGE-USD) added 0.8%, while Cardano (ADA-USD) advanced 2.1%.The total market value of the cryptocurrency industry rose 2% in the past 24 hours to $2.69 trillion, with trading volume jumping 73% to $78.4 billion.Price: $79036.33, Change: $+2230.14, Percent Change: +2.90%

$ADA-USD$BNB-USD$BTC-USD$DOGE-USD$ETH-USD$SOL-USD$XRP-USD

Wire8d ago

Market Chatter: Accenture to Pay $25 Million to Settle DOJ Discrimination Allegations

Accenture (ACN) has agreed to pay $25 million to resolve allegations by the US Department of Justice that it discriminated based on race and sex in hiring and promotion decisions, Bloomberg reported Monday, citing the Justice Department.The DOJ said Accenture carried out discriminatory employment practices by falsely certifying compliance with regulations on government contracts that prohibit such practices.The government alleged Accenture was pursuing what one employee called "stealth goals" to meet race and sex-based targets for its workforce across various units, according to the report.Accenture did not immediately respond to a request for comment by.(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.)Price: $194.44, Change: $+10.54, Percent Change: +5.73%

$ACN

Wire8d ago

McCormick Shares Fall After TD Cowen Downgrade

McCormick & Company (MKC) shares fell 1.9% in Monday trading after TD Cowen downgraded the stock to hold from buy and lowered its price target to $55 from $60.Intraday volume topped 2.34 million shares, compared with the daily average of almost 3.65 million.Price: $50.36, Change: $-0.96, Percent Change: -1.87%

$MKC

Wire8d ago

Bluerock Homes Trust Keeps Quarterly Dividend at $0.125 a Share, Payable Oct. 5 to Holders of Record Sept. 25

$BHM

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