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Update: Regenxbio Shares Rise After FDA Aligns on Accelerated Approval Path for Hunter Syndrome Gene Therapy

(Updates with the company's latest stock move in the headline and the first paragraph.)Regenxbio (RGNX) shares were up 19% in Monday afternoon trading after the company said the US Food and Drug Administration has agreed on the next steps for a potential accelerated approval of Navsunli, its experimental gene therapy for Mucopolysaccharidosis II, following discussions related to its appeal of a complete response letter issued in February.The company said the US FDA agreed that existing clinical data for Navsunli may support the accelerated approval pathway and that Regenxbio does not need to enroll additional patients or conduct new studies, including a previously requested untreated control arm.The agency asked the company to request a type A meeting to review longer-term biomarker and clinical data before resubmitting its marketing application, the company said.Regenxbio said it expects the meeting to occur in July and plans to resubmit the application in Q3.Price: $9.29, Change: $+1.49, Percent Change: +19.04%

$RGNX

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Top Midday Gainers

Nexentis Technologies (NXTS) said Monday its subsidiary, MitoCareX Bio, has entered into an engagement with Boltz, an AI research lab, to accelerate the identification of novel small-molecule scaffolds targeting selected solute carrier proteins of interest to MitoCareX's pipeline.Shares jumped over 200% as trading volume catapulted to over 55 million from a daily average of about 208,000.AbbVie (ABBV) agreed to acquire Apogee Therapeutics (APGE) for $135.11 per share in cash for a total equity value of $10.9 billion, the companies said Monday.Shares of Apogee soared 47%, with intraday trading volume of over 47.1 million against a daily average of about 975,000.Definium Therapeutics (DFTX) reported positive topline results from a phase 3 Emerge study of DT120 orally disintegrating tablet in major depressive disorder.RBC Capital raised its price target to $57 from $36, while maintaining its outperform rating.Shares surged 52% amid a jump in intraday trading volume to over 16 million from a daily average of roughly 1.9 million.Price: $15.55, Change: $+10.47, Percent Change: +206.08%

$ABBV$APGE$DFTX$NXTS

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Top Midday Decliners

SL Science (SLBT) reported a 2025 net loss late Thursday that was wider than a year earlier amid a decline in revenue. The US equity market was closed on Friday for the Juneteenth public holiday.Shares slumped 18% on Monday, with intraday trading volume exceeding 266,000 versus a daily average of roughly 660,000.Virgin Galactic (SPCE) said in a regulatory filing Monday that it has entered into a private agreement with a holder of its 2.50% convertible senior notes due 2027 to exchange around $52.5 million in principal for shares.Shares dropped 11%, with intraday trading volume at more than 18.9 million from the stock's daily average of about 29.7 million.Alphabet (GOOG, GOOGL) Google DeepMind data scientist and Nobel Prize winner John Jumper is leaving to join Amazon (AMZN) and Alphabet-backed Anthropic, he said Friday.Class A shares of Alphabet declined 5.6%, with intraday trading volume at nearly 31.4 million from a daily average of over 29.8 million.Price: $4.74, Change: $-1.05, Percent Change: -18.08%

$AMZN$GOOG$GOOGL$SLBT$SPCE

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Update: Market Chatter: Uber Board Sued by Shareholders Over Alleged Compliance Failures

(Updates to add company's comment in the fifth paragraph)Uber Technologies (UBER) was sued Monday by shareholders who accused the ride-sharing company's board of ignoring warnings about compliance failures that allegedly contributed to thousands of sexual assault and harassment lawsuits, Reuters reported Monday.The complaint, filed in San Francisco federal court, alleges directors failed to address sexual abuse by drivers despite repeated warnings.The derivative lawsuit names Chief Executive Dara Khosrowshahi among the defendants and seeks to require directors to reimburse Uber for alleged breaches of fiduciary duties and violations of federal securities law.Shareholders also cited alleged oversight failures related to federal lawsuits accusing Uber of refusing to serve disabled passengers and engaging in deceptive billing and cancellation practices, the report added."This suit ignores important facts and is based on misleading, false narratives from other meritless lawsuits that we have already addressed publicly and in the courtroom," an Uber spokesperson said.(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: $72.26, Change: $+0.62, Percent Change: +0.87%

$UBER

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Update: Carnival Under Investigation by Texas Attorney General Over Data Breach

(Updates with Carnival's response in the last two paragraphs.)Carnival (CCL) is under investigation following an April data breach that compromised personal information of about 6 million people, Texas Attorney General Ken Paxton said in a statement Monday.On April 14, Carnival's security team determined that social engineering techniques were used to deceive an employee and the unauthorized actor gained access to consumers' personal information, according to the statement.Carnival submitted a data breach notification to the Office of the Attorney General 44 days after the breach, indicating that 800,060 Texas consumers were affected by the breach, per the statement.A Carnival spokesperson said the company identified unauthorized access to a limited part of its IT system caused by a social engineering attack on a single user account in April. The company immediately blocked the activity, engaged third-party security experts and alerted law enforcement, the spokesperson added."We're notifying affected individuals and deeply regret any concern this causes. Protecting the privacy and security of personal data is a priority for us, and we've added new layers of security and monitoring on top of the comprehensive protections already in place. We'll also continue advancing our defenses against evolving threats. We will cooperate fully with the Attorney General's office and provide whatever information is needed," the spokesperson said.Price: $30.33, Change: $-0.55, Percent Change: -1.77%

$CCL

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Micron Technology Collaborates With Anthropic on AI Architecture Design

Micron Technology (MU) said Monday it is collaborating with Anthropic for memory and storage artificial intelligence architecture design, product supply, and enterprise adoption of Claude, alongside an investment in Anthropic's series H funding round.Micron said they will analyze memory and storage subsystems performance across different workloads to improve energy efficiency and token economics within Anthropic's infrastructure.The collaboration includes a supply arrangement covering Micron's data center portfolio to support Anthropic's computing scale and long-term growth, Micron added.Micron also said it has deployed Anthropic's Claude models throughout its engineering, manufacturing, and enterprise operations to accelerate coding and enable advanced use cases.Shares of Micron were up 5.5% in Monday trading.Price: $1196.01, Change: $+62.02, Percent Change: +5.47%

$MU

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Market Chatter: Apple, Tesla Design Papers Appear in Data Posted After Tata Electronics Cyber Incident

Apple (AAPL) and Tesla (TSLA), customers of Tata Electronics, had component design and specification documents included in data posted online following a cybersecurity incident at the Indian company, Reuters reported Monday, citing security researchers.The ransomware group World Leaks has posted more than 200,000 files on the dark web, according to the report.A source familiar with the matter said Apple was investigating the breach, while Tata had received a ransom demand related to the incident, the report added.Apple and Tesla did not immediately respond to' requests for comment.(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: $299.72, Change: $+1.71, Percent Change: +0.57%

$AAPL$TSLA

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Truist Securities Raises Incyte Price Target to $105 From $103, Hold Rating Kept

Incyte (INCY) has an average rating of overweight and mean price target of $111.95, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $102.32, Change: $+4.10, Percent Change: +4.17%

$INCY

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Cantor Fitzgerald Adjusts Robinhood Markets Price Target to $130 From $110

Robinhood Markets (HOOD) has an average rating of overweight and mean price target of $103.20, according to analysts polled by FactSet.Price: $106.84, Change: $-1.31, Percent Change: -1.21%

$HOOD

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Arrowhead Reports Marketing Authorization for Redemplo in EU

Arrowhead Pharmaceuticals (ARWR) said Monday the European Commission has granted marketing authorization for Redemplo as an adjunct to diet to reduce triglyceride levels in adults with familial chylomicronemia syndrome.The approval was supported by positive phase 3 Palisade trial data, the company said.Shares were up over 1% in afternoon trading.Price: $82.98, Change: $+1.16, Percent Change: +1.42%

$ARWR

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Carnival Under Investigation by Texas Attorney General Over Data Breach

Carnival (CCL) is under investigation following an April data breach that compromised personal information of about 6 million people, Texas Attorney General Ken Paxton said in a statement Monday.On April 14, Carnival's security team determined that social engineering techniques were used to deceive an employee and the unauthorized actor gained access to consumers' personal information, according to the statement.Carnival submitted a data breach notification to the Office of the Attorney General 44 days after the breach, indicating that 800,060 Texas consumers were affected by the breach, per the statement.Carnival did not immediately respond to a request for comment from.Price: $30.54, Change: $-0.33, Percent Change: -1.07%

$CCL

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Market Chatter: Uber Board Sued by Shareholders Over Alleged Compliance Failures

Uber Technologies (UBER) was sued Monday by shareholders who accused the ride-sharing company's board of ignoring warnings about compliance failures that allegedly contributed to thousands of sexual assault and harassment lawsuits, Reuters reported Monday.The complaint, filed in San Francisco federal court, alleges directors failed to address sexual abuse by drivers despite repeated warnings.The derivative lawsuit names Chief Executive Dara Khosrowshahi among the defendants and seeks to require directors to reimburse Uber for alleged breaches of fiduciary duties and violations of federal securities law.Shareholders also cited alleged oversight failures related to federal lawsuits accusing Uber of refusing to serve disabled passengers and engaging in deceptive billing and cancellation practices, the report added.Uber did not immediately respond to a request 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: $72.08, Change: $+0.44, Percent Change: +0.61%

$UBER

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Petrobras Approves $1.2 Billion Renewable Fuels Project in Brazil

Petrobras (PBR) said Friday its board approved a final investment decision for a biorefining project with an investment of about $1.2 billion at its Presidente Bernardes refinery in Sao Paulo state.The plant will have a production capacity of up to 15,000 barrels per day of bio-jet fuel and renewable diesel, with operations expected to begin in 2030, the company said.Petrobras said construction is expected to start by the end of 2026, and the project is included in its 2026-2030 business plan.Price: $16.87, Change: $+0.12, Percent Change: +0.72%

$PBR

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L3Harris Unit, MP Materials, 8 Other US Firms Added to China's Export Control List

L3Harris Technologies' (LHX) L3Harris Maritime Services subsidiary, MP Materials (MP), and eight other US companies were included in China's export control list, effective immediately, according to a Google-translated statement from the country's Ministry of Commerce on Monday.The list also includes Oshkosh's (OSK) Oshkosh Defense unit, USA Rare Earth (USAR), Red Cat (RCAT), BAE Systems division, Teal Drones, Aveox, IMSAR, and Jaia Robotics.Chinese firms are prohibited from exporting dual-use items to the listed entities unless granted an exception by the Ministry of Commerce, according to the statement.Price: $285.74, Change: $-9.08, Percent Change: -3.08%

$LHX$MP$OSK$RCAT$USAR

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SEACOR Marine Shareholder Urges Board to Explore Strategic Alternatives

SEACOR Marine (SMHI) shareholder Jorey Chernett urged the board on Monday to explore strategic alternatives, including a potential sale of the company or dual-track fleet sale.The shareholder, with a 7.2% stake in the company, highlighted discount to net asset value, structural value dislocation and also outlined a sequential strategy to unlock value for shareholders, according to a statement.SEACOR Marine did not immediately respond to a request for comment from.Price: $7.23, Change: $+0.55, Percent Change: +8.17%

$SMHI

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Disney's ABC Airs Ads Urging Public to Weigh In on FCC Petition Over 'The View'

Walt Disney's (DIS) ABC broadcast network launched an on-air commercial campaign urging viewers to submit comments to the Federal Communications Commission as the agency reviews ABC's petition regarding "The View," its daily talk show.One of the ad spots says, "The View has welcomed your favorite guests and covered the issues you care about for nearly 30 years. Now, the FCC wants to control who is allowed to appear on the show." The spot includes a QR code linking to the FCC's public comment page.The FCC's Media Bureau last month sought public comment on ABC's request that "The View" be deemed a bona fide news interview program, which would qualify it for an exemption from statutory equal-opportunities requirements for political candidates.Price: $102.80, Change: $-1.09, Percent Change: -1.05%

$DIS

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Fermi Urges Shareholders to Revoke Consent Over Former CEO's Special Meeting Bid

Fermi (FRMI) said Monday it sent a letter to shareholders urging them to revoke consent and return a white revocation card in response to former Chief Executive Toby Neugebauer's solicitation to call a special meeting, while disputing statements he made on June 16.The company also urged shareholders not to sign or return any green agent designation cards sent by Neugebauer and affiliated parties.In the letter, Fermi said Neugebauer was attempting to claim credit for the company's recent momentum and argued that his actions could disrupt the company's progress. The company previously said Neugebauer was terminated for cause.Fermi previously filed a preliminary consent revocation statement opposing Neugebauer's effort to call a special shareholder meeting and gain control of the board. The company has also said Neugebauer's proposed May 29 special meeting was invalid and canceled under its bylaws.Shares of Fermi were down 3.5% in Monday afternoon trading.Price: $9.17, Change: $-0.34, Percent Change: -3.53%

$FRMI

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RBC Capital Adjusts Price Target on Definium Therapeutics to $57 From $36, Maintains Outperform Rating

Definium Therapeutics, Inc. (DFTX) has an average rating of buy and mean price target of $42, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $38.10, Change: $+13.62, Percent Change: +55.64%

$DFTX

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Gold Fields Says Talks With Ghana Now Focus on Tarkwa Mining Lease Renewal Terms

Gold Fields (GFI) said in a regulatory filing Monday that its Ghana unit has held several discussions with the government, with the talks now focusing on the terms of the mining lease renewals for the Tarkwa mine.The outcome, timing and the terms remain subject to ongoing engagements with the Government of Ghana, according to the filing with the US Securities and Exchange Commission.In response to media reports, Gold Fields said it is well-positioned to "continue operating and growing the Tarkwa mine beyond the current life of mine."Shares of the company were down more than 9% in Monday trading.Price: $34.87, Change: $-3.73, Percent Change: -9.66%

$GFI

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Airlines Gain on Pricing as 'Capacity Discipline' Becomes Key Into Summer, BofA Says

Airlines are benefiting from strong demand, rising fares and lower fuel costs alongside flat capacity, with future gains hinging on whether "capacity discipline" holds as comparisons tighten into the summer, BofA Securities said Monday in a report.The Airline Fare Consumer Price Index in May rose almost 27% from a year earlier, and the Air Passenger Services Producer Price Index increased 14%, the report said. The Airline Reporting Corp.'s average ticket price rose more than 18%, with economy fares continuing to outperform premium cabins for a third straight month, BofA said.Into June, Bank of America's "aggregated credit and debit card data suggests momentum remains intact, with airline spending returning to double-digit growth, supported by strength in spend per transaction," the report said.Near-term comparisons will tighten as the industry enters peak summer, following an easier Q2 backdrop, BofA said. Late June and July will be key in determining whether current demand strength can persist as comparisons from a year earlier normalize, the report said.BofA raised its price target to $93 from $78 on Delta Air Lines (DAL), to $145 from $140 on United Airlines (UAL), and to $16 from $14 on American Airlines (AAL).Delta shares rose 1.8% in Monday trading, United climbed 0.9%, and American advanced 2.8%.Price: $85.72, Change: $+1.54, Percent Change: +1.83%

$AAL$DAL$UAL

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