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Alpha Tau Medical, Tolmar International Agree to Develop, Commercialize Prostate Cancer Therapy

Alpha Tau Medical (DRTS) and Tolmar International have agreed to develop and commercialize Alpha DaRT therapy for the treatment of prostate cancer in the US, the companies said Wednesday.Under the agreement, Alpha Tau will lead clinical development and manufacture the therapy, while Tolmar International will receive exclusive rights it in the US, according to the companies.Additionally, the companies said Tolmar International will make a $20 million equity investment in Alpha Tau at $11.99 per share and provide $15 million towards a new US manufacturing facility.The deal also includes up to $96.5 million in development and regulatory milestones and up to $65 million in commercial milestone payments for the initial indication, Alpha Tau Medical and Tolmar International said.Alpha Tau said it will sell Alpha DaRT to Tolmar at 60% of onward net sales price, subject to certain adjustments.Alpha Tau Medical shares were over 15% higher in early Wednesday trading.Price: $10.31, Change: $+1.38, Percent Change: +15.45%

$DRTS

Wire26d ago

Huron Consulting Acquires RelateCare for Undisclosed Sum

Huron Consulting Group (HURN) said Wednesday it has acquired RelateCare, which provides clinical and patient access services.Terms of the deal were not disclosed.RelateCare will be included in Huron's Healthcare operating segment within its consulting and managed services capability, the company said.Price: $103.65, Change: $-2.96, Percent Change: -2.78%

$HURN

Wire26d ago

TAT Technologies Wins $45 Million Multiyear MRO Contracts

TAT Technologies (TATT) said Wednesday it was awarded multiyear maintenance, repair and overhaul contracts worth about $45 million with international commercial and cargo airline customers.The contracts have terms ranging from 5 to 10 years and cover auxiliary power unit and heat exchanger MRO services under OEM authorization, the company said.TAT Technologies said it expects the new agreements to improve revenue visibility and expand its aviation aftermarket presence.The company also said it expects a $4 million pre-tax gain in Q2 from the sale of a minority stake in an unconsolidated entity.Shares of the company were up 6% in Wednesday trading.Price: $42.79, Change: $+2.43, Percent Change: +6.02%

$TATT

Wire26d ago

Comcast NBCUniversal to Break Ground on First Euro Resort 'Soon' in UK

$CMCSA

Wire26d ago

Hinge Health Analysis Finds Musculoskeletal Program Saves Nearly $3,000 a Year for Each Member

Hinge Health (HNGE) said Wednesday that a medical claims analysis of its digital musculoskeletal program found an average cost savings of $2,941 per member per year, and a threefold return on investment for employers and health plans.As a result of the program, Hinge Health members had 69% fewer surgeries, 61% fewer injections, and 68% fewer imaging scans, it said.Chronic musculoskeletal pain is a leading cause of disability and healthcare costs in the US, according to Hinge.Price: $57.69, Change: $-0.75, Percent Change: -1.28%

$HNGE

Wire26d ago

Alphabet Upsizes Equity Capital Raise to $84.75 Billion

Alphabet (GOOG, GOOGL) increased the size of its equity capital raise to $84.75 billion from the previously announced $80 billion, according to a regulatory filing on Tuesday.The offering includes a pledge by Berkshire Hathaway (BRK.A, BRK.B) to invest $10 billion in the tech giant in a private placement, the filing said.Price: $358.91, Change: $+0.51, Percent Change: +0.14%

$BRK.A$BRK.B$GOOG$GOOGL

Wire26d ago

Klarna Collaborating With Ulta Beauty to Enable Installment Payments

Klarna (KLAR) said Wednesday it is collaborating with Ulta Beauty (ULTA) to offer flexible payment options for customers on Ulta.com and the Ulta Beauty app.Ulta Beauty shoppers will be able to pay in full, split purchases into four interest-free installments, or use longer-term financing, the company said.Klarna shares were 4.3% lower in Wednesday trading, while Ulta Beauty was off by more than 5%.Price: $16.73, Change: $-0.78, Percent Change: -4.45%

$KLAR$ULTA

Wire26d ago

Genasys, Intterra Partner for Evacuation Software Integration

Genasys (GNSS) said Wednesday that it has established a collaboration with Intterra to create a mutual link between their respective emergency notification systems.The technical connection permits public safety departments to issue evacuation alerts directly into the newly launched California state emergency application, Genasys said.Intterra plans to roll out the software model throughout the country to offer standardized access to official crisis updates, Genasys said.Price: $2.09, Change: $+0.06, Percent Change: +2.96%

$GNSS

Wire26d ago

Volaris Reports Higher May Passenger Demand

Controladora Vuela Compania de Aviacion (VLRS), or Volaris, said Wednesday that its passenger demand, measured as revenue passenger miles, increased 4.9% from last year to 2.56 billion in May.Capacity for the month, measured as available seat miles, decreased 0.4% from a year earlier to 2.97 billion, the company said.Consolidated load factor increased 4.3 percentage points from a year earlier to 86.2% in May, Volaris said, adding it transported about 2.7 million passengers in May, up from 2.5 million passengers a year earlier.Shares of Volaris were down more than 1% in early trading Wednesday.Price: $7.73, Change: $-0.09, Percent Change: -1.15%

$VLRS

Wire26d ago

Synaptics, Accton Technology And Others Sign MoU to Bring Edge AI Technologies to UAVs

Synaptics (SYNA), Accton Technology, Gallopwave and Hsuan Yuan Technology have signed a memorandum of understanding involving edge artificial intelligence technologies to be used in unmanned aerial vehicles, Accton Technology said Wednesday.The MoU provides a framework for the parties to explore technical collaboration, and potential research and development related to UAV applications, according to a statement by Accton Technology.Price: $147.98, Change: $+1.94, Percent Change: +1.33%

$SYNA

Wire26d ago

Alphabet Upsizes Equity Capital Raise to $84.75 Billion From $80 Billion

$GOOG$GOOGL

Wire26d ago

Ford US Vehicle Sales Fall 13.6% Year Over Year in May

Ford Motor's (F) total US vehicle sales fell 13.6% year over year in May to 190,828 vehicles, the automaker said Wednesday.Internal combustion vehicle sales fell 12.3% to 167,916, while hybrid and electric vehicle sales were down 15.7% and 43.9% to 19,143 and 3,769, respectively, the company said.Price: $15.97, Change: $-0.19, Percent Change: -1.21%

Wire27d ago

Update: Nova Minerals Says New South Wales Court Approves New US Holding Entity Plan; Shares Fall 6%

(Updates to add stock movement in the headline and last paragraph)Nova Minerals (ASX:NVA) said the Supreme Court of New South Wales has approved its proposed schemes of arrangement, enabling newly formed Nova Minerals Corp to acquire all existing shares and Nasdaq-listed warrants and become the group's new US-based holding entity, according to an Australian bourse filing on Tuesday after market hours.The schemes are expected to take legal effect on Wednesday upon lodgment of the court orders with the Australian Securities and Investments Commission, after which the company shares are anticipated to be suspended from trading on the Australian Securities Exchange, the filing added.The company's shares fell around 6% in recent Wednesday trade.

ASX:NVA

Wire27d ago

Netskope Joins Anthropic's Project Glasswing to Spot Code Vulnerabilities

Netskope (NTSK) said late Tuesday it has joined Project Glasswing, an Anthropic initiative that uses the company's most advanced AI model, Mythos Preview, to identify vulnerabilities in software code at greater speed and scale.Netskope has access to Anthropic's Claude Mythos Preview and will share findings with the broader Glasswing coalition and the cybersecurity community as part of the effort.Netskope shares rose 3.1% in after-hours trading.

$NTSK

Wire27d ago

TETRA Technologies Launches $100 Million Common Stock Offering

TETRA Technologies (TTI) said Tuesday it commenced an underwritten public offering of $100 million of shares of common stock.The company said it expects to grant underwriters a 30-day option to buy up to an additional $15 million of shares to cover over-allotments.Proceeds will be used for general corporate purposes, including funding construction of its Arkansas bromine project, according to a statement.Shares of the company were down over 9% in extended trading.

$TTI

Wire27d ago

Palo Alto Networks Fiscal Q3 Adjusted Earnings, Revenue Rise; Shares Gain After-Hours

Palo Alto Networks (PANW) reported fiscal Q3 adjusted earnings late Tuesday of $0.85 per diluted share, up from $0.80 a year earlier.Analysts polled by FactSet expected $0.79.Revenue for the three months ended April 30 was $3 billion, up from $2.29 billion a year earlier.Analysts surveyed by FactSet expected $2.94 billion.For fiscal Q4, the company expects adjusted EPS of $0.96 to $0.98 on revenue of $3.35 billion to $3.36 billion. Analysts expect $0.94 and $3.28 billion, respectively.For full-year fiscal 2026, the company now expects adjusted EPS of $3.77 to $3.79 on revenue of $11.42 billion to $11.43 billion, up from the prior forecast of adjusted EPS of $3.65 to $3.70 on revenue of $11.28 billion to $11.31 billion.Analysts expect $3.68 and $11.30 billion, respectively.Shares of Palo Alto Networks rose about 9% in after-hours activity.

$PANW

Wire27d ago

Top Cryptocurrencies Decline; Bitcoin Drops Below $68,000 Level

Top cryptocurrencies were weaker Tuesday, with Bitcoin (BTC-USD) falling below the $68,000 level.The CoinDesk Market Index, which tracks dozens of digital assets including Bitcoin, fell 6% in the past 24 hours. The Nasdaq 100 rose 0.5%, the S&P 500 added 0.2%, and the Dow Jones Industrial Average was up 0.5%.Bitcoin fell 5.8% to $67,274, according to CoinMarketCap data. The most popular cryptocurrency's 24-hour trading volume rose 17.1% to $49.44 billion.Ethereum (ETH-USD), the second-largest digital asset by market value, declined 4.8% to $1,905.XRP (XRP-USD) dropped 6.1%, BNB (BNB-USD) fell 5.3%, and Solana (SOL-USD) shed 6.7%. Dogecoin (DOGE-USD) dipped 6.3%, and Cardano (ADA-USD) lost 6.8%.The US 10-year Treasury yield stood at 4.453% at 3 p.m. ET Tuesday, down from 4.473% Monday, while the five-year yield fell to 4.176% from 4.184%.The total market value of the cryptocurrency industry fell 5.4% in the past 24 hours to $2.31 trillion, and trading volume increased 7.2% to $116.31 billion.Price: $67081.01, Change: $-4239.48, Percent Change: -5.94%

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

Wire27d ago

Microsoft, Mayo Clinic Collaborate on Clinical AI Model

Microsoft (MSFT) and Mayo Clinic announced a collaboration to develop a frontier AI model tailored for healthcare, aiming to support clinical reasoning, earlier diagnoses and more personalized treatment decisions, according to a statement Tuesday.The highly advanced model combines Mayo's de-identified clinical data with Microsoft's AI and cloud capabilities and will initially be deployed within Mayo's clinical environment, according to the statement.The model will be owned by Mayo Clinic and later made available globally through Microsoft's Azure Foundry APIs. The collaboration is intended to expand access to Mayo's clinical expertise and support care teams in complex decision-making, according to the statement.Price: $441.88, Change: $-18.64, Percent Change: -4.05%

$MSFT

Wire27d ago

Dollar General Posts 'Solid' Q1, Truist Says

Dollar General (DG) posted a "solid" Q1 performance, including a 2.0% growth in comparable sales, Truist said in a note Tuesday.The report said the firm is benefitting among others from trade-in activity by higher-income consumers, incremental sales from delivery business, and the comparable lift from remodels, while lower-income consumers remain under pressure.Truist analysts said they are "modestly" raising their 2026/2027 EPS estimates, partly from a lower tax rate."We think DG is "interesting" at current levels, but Walmart (WMT, Buy) competition + economic pressures on their core customer keep us cautious," the note said.Truist raised its price target to $114 from $109 while maintaining its hold rating.Price: $108.06, Change: $-1.88, Percent Change: -1.71%

$DG

Wire27d ago

Starwood Property Trust Shares Rise After UBS Upgrade

Starwood Property Trust (STWD) shares rose 1.8% in Tuesday trading after UBS upgraded the stock to buy from neutral and raised the price target to $20 from $19.50.Trading volume stood at 2.5 million shares, compared with a daily average of about 3.1 million.Price: $17.08, Change: $+0.28, Percent Change: +1.67%

$STWD

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