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Jaguar Health Files New Animal Drug Application For Full FDA Approval Of Canine Diarrhea Therapy

Jaguar Health (JAGX) completed the submission of its new animal drug application to the US Food and Drug Administration's Center for Veterinary Medicine, seeking full approval for crofelemer to treat chemotherapy-induced diarrhea in dogs, the company said Tuesday.The application incorporates findings from a clinical efficacy study in veterinary oncology centers alongside data involving subjects undergoing targeted tyrosine kinase inhibitor therapies, the company said.The medication operates as a non-antibiotic treatment mechanism and currently holds conditional agency approval for the canine indication, Jaguar Health said.Shares of the company were down 1.6% in early Tuesday trading.Price: $2.57, Change: $-0.04, Percent Change: -1.61%

$JAGX

Wire39d ago

Satellogic, SynMax Partner on AI Satellite Intelligence Products for Defense Customers

Satellogic (SATL) said Tuesday that it has announced a strategic collaboration with artificial intelligence analytics company SynMax to develop and provide AI geospatial intelligence products for defense and intelligence customers.Under the collaboration, SynMax's agentic intelligence layer will be combined with Satellogic's constellation, including its existing high-resolution satellites, on-satellite AI, and the forthcoming Merlin constellation, which is designed to provide comprehensive global coverage at one-meter resolution as the network expands."Earth observation is shifting from collecting images to delivering continuous intelligence, and that shift requires infrastructure designed for it from the ground up," Satellogic Chief Executive Emiliano Kargieman said in a statement."Combining our infrastructure with SynMax's applied AI allows us to reach further into the operational problems our defense, intelligence, and commercial customers need solved."Shares of Satellogic were up 5% in Tuesday trading.Price: $5.87, Change: $+0.20, Percent Change: +3.44%

$SATL

Oil & Energy39d ago

US Oil Update: Oil Prices Slide on Progress in Peace Talks; Reopened Hormuz Transit

Oil benchmarks dropped under pressure from progress in US-Iran talks in Switzerland and the issuance of a 60-day sanctions waiver for Iranian crude exports, accelerating recovery through the Strait of Hormuz.Front-month West Texas Intermediate crude futures dropped 1.2% to $72.96 per barrel, while Brent futures were down 0.9% to $77.17/bbl."The gradual increase in oil flows through the Strait of Hormuz continues to weigh on the market, while positive signals from US-Iran talks in Switzerland have weighed on sentiment," ING analysts said.US President Donald Trump said on Tuesday that about 19 million barrels of oil transited through the Strait of Hormuz on Monday.The US Treasury Department's Office of Foreign Assets Control issued "General License X" on Monday, granting a 60-day waiver that permits the production, delivery, and sale of Iranian-origin crude, petroleum products, and petrochemicals through Aug. 21.While Middle Eastern supply expands, refined-product markets face distinct structural constraints.Russia is actively considering importing fuel and offering heavy domestic price subsidies to combat mounting gasoline and diesel shortages, Reuters reported Tuesday, citing Russian newspaper Vedomosti.The move follows a series of Ukrainian drone strikes that have severely damaged Russian domestic refining infrastructure and forced localized fuel rationing.The oil market now awaits crude inventory data from the US Energy Information Administration due on Wednesday.

Oil & Energy39d ago

EMEA Natural Gas Update: Futures Edge Lower After Trump Lifts Naval Blockade Against Iran

European natural gas futures edged lower on Tuesday, as progress in US-Iran peace talks helped ease tensions and potential supply risks, following US President Donald Trump's lifting of the naval blockade against Tehran.The Dutch TTF front-month contract edged lower by 0.82% to 41.545 euros ($47.33) per megawatt hour, while the UK NBP front-month contract lost 0.80% to trade at 99.140 pence ($1.31) per therm.In a Truth Social post on Tuesday, Trump said that he had agreed to let the Strait of Hormuz remain open "with no further Naval Blockade" against the country.This comes amid progress in the peace deal between the US and Iran, according to a joint statement released by mediators Qatar and Pakistan, with both sides agreeing "to the establishment of a High Level Committee" that will oversee mediation efforts going forward.US Vice President JD Vance echoed similar views, noting that "very good progress" was being made in discussions held with Tehran.Meanwhile, the strategically crucial Strait of Hormuz, which accounted for one-fifth of global LNG flows, saw 12 vessels transiting over the past 24 hours, according to the Hormuz Strait Monitor.This marks a decline from earlier this week, when as many as 25 vessels made the transit, and is significantly below the peacetime average of 138 vessels per day, according to the UK's Joint Maritime Information Center.Complications continued to emerge, with Qatar's Ras Laffan facility suffering an explosion that left 13 dead and 66 injured. The company, however, noted that this was unlikely to impact LNG exports from the facility.Daniel Hynes, a senior commodity strategist at ANZ, noted that Asian customers were increasingly entering the spot markets, including China, adding to competitive pressures for Europe, as the bloc remains focused on refilling depleted gas inventories.European gas inventories remained depleted at 46.72% of capacity, down from 55.81% in the corresponding period a year ago, according to Gas Infrastructure Europe.Inventories were also significantly below the five-year average for this period, at 61.1%, according to the Swiss Federal Office of Energy.

Wire39d ago

Eli Lilly, Astellas Enter Into Asset Sale Agreements With Sangamo Therapeutics

Eli Lilly (LLY) and Astellas Pharma have entered into two separate asset sale agreements with Sangamo Therapeutics as part of Sangamo's voluntary Chapter 11 reorganization, the genomic medicine company said Tuesday.Lilly's agreement covers Sangamo's capsid delivery platform, zinc finger platform, modular integrase platform and the prion disease program ST-506, while Astellas' agreement involves the the Fabry disease program ST-920, Sangamo said.Lilly and Astellas will serve as "stalking horse" bidders in a court-supervised auction process, Sangamo said.Sangamo said it has secured commitment for debtor-in-possession financing to support ongoing operations.The petition was filed in the US Bankruptcy Court for the District of Delaware.Price: $1107.53, Change: $+3.50, Percent Change: +0.32%

$LLY

Wire39d ago

RingCentral Expands AIR Pro to Add Agentic AI Features for Customer Engagement Products

RingCentral (RNG) said Tuesday it is expanding AIR Pro to provide agentic AI capabilities for its customer engagement products.The expansion includes new features in RingCX to support clients with customer resolution, automated outreach, and hand-offs, the company said, adding the features will also support how customer context is handled.The company said the new RingCX features are in beta, with general availability expected in H2.Shares of the company were up more than 1% in early Tuesday trading.Price: $35.22, Change: $+0.39, Percent Change: +1.13%

$RNG

Wire39d ago

Energy Department to Provide $17.5 Billion in Loans for Big Nuclear Reactors, Bloomberg Reports

$BAM$CCJ

Mining & Metals39d ago

Rocket Doctor, Mindstride Partner to Boost Patient Access to After-Hours Healthcare

Rocket Doctor AI (AIDR.CN) is partnering with Mindstride AI, to boost access to healthcare for patients across Ontario, Alberta and British Columbia.The initiative will combine Mindstride's care model with more than 350 licensed physicians on Rocket Doctor's digital health platform. These physicians will provide care for eligible Mindstride patients outside regular clinic hours or during periods of increased demand, a statement said.The agreement will run for 12 months, and will automatically renew for 12 month terms, unless terminated.Price: $0.63, Change: $-0.01, Percent Change: -1.56%

$AIDR.CN

International39d ago

S&P Global June US Flash Services PMI 51.3 Vs. 51.1 Estimate; 50.7 Prior

International39d ago

S&P Global June US Flash Manufacturing PMI 55.7 Vs. 54.6 Estimate; 55.1 Prior

Sectors39d ago

Oil Falls to the to a a Near Four-Month Low as Tankers Begin to Move Through the Strait of Hormuz

Oil edged down early Tuesday, falling for a third session as tankers begin moving through the Strait of Hormuz after the US and Iran continue peace talks and the US gave Iran a 60-day export-sanctions waiver.West Texas Intermediate crude oil for August delivery was last seen down US$0.48 to US$73.38 per barrel, the lowest since March 2, while August Brent oil was down US$0.54 to US$77.36.The US on Monday granted Iran a 60-day sanctions waiver, freeing up the county's oil exports, while ships trapped in the Persian Gulf since the Feb. 28 start to the war began moving through the Strait of Hormuz. The New York Times reported 109 ships have moved through the Strait since the weekend agreement between the two countries."Brent crude trades near USD 77.50 and is lower for a second day as US-Iran talks continue. Additional pressure followed the US decision to issue a 60-day sanctions waiver, allowing limited sales of Iranian crude and refined products. The move should facilitate the export of some of the estimated 30 million barrels that left Iranian ports last week. Meanwhile, shipping data showed millions of barrels of crude and fuel products transited the Strait of Hormuz over the weekend, reinforcing expectations of improving regional supply flows," Saxo Bank noted.

$CLQ6$LCOQ6$USO

Wire39d ago

Carnival Fiscal Q2 Adjusted Earnings, Revenue Increase; Raises Fiscal 2026 Adjusted EPS Outlook

Carnival (CCL) reported fiscal Q2 adjusted earnings Tuesday of $0.41 per diluted share, up from $0.35 a year earlier.Analysts polled by FactSet expected $0.34.Revenue for the quarter ended May 31 was $6.66 billion, compared with $6.33 billion a year earlier.Analysts expected $6.69 billion.The company expects fiscal Q3 adjusted EPS of about $1.35 per diluted share. Analysts estimate $1.42.For fiscal 2026, Carnival now expects adjusted diluted EPS of about $2.22, up from $2.21 previously. Analysts expect $2.23.Shares of Carnival were down more than 9% in early Tuesday trading.Price: $27.43, Change: $-2.77, Percent Change: -9.17%

$CCL

Mining & Metals39d ago

Rio2 Finalizes Updated Technical Report for Condestable Copper Mine in Peru

Rio2 (RIO.V) has finalized an updated technical report for the Condestable copper mine in Peru with the company saying it's studying an expansion of production at the site.The report outlined an after-tax net present value of US$710 million based on an 8% discount rate, the miner said Tuesday.The project is expected to produce an average of 18,000 tonnes per year of contained copper in concentrate, 12,900 ounces of gold and 304,800 ounces of silver over a 14-year mine life.The study also recorded an increase in measured, indicated and inferred resources compared to the 2022 technical report.In January, Rio2 closed the acquisition of a 99.1% interest in Condestable from Southern Peaks Mining. Chief Executive Andrew Cox said they will be "conducting studies to expand production at Condestable."

$RIO.V

Wire39d ago

Galaxy Digital Invests in Tokenet Developer Digital Prime Technologies

Galaxy Digital (GLXY) said Tuesday it invested in Digital Prime Technologies, strengthening its focus on institutional digital asset lending.The company previously participated in the launch of Tokenet, a platform developed by Digital Prime Technologies in partnership with EquiLend and launched in May.Digital Prime said it will use the proceeds to accelerate development of the platform and expand its institutional client base.Galaxy Digital shares were down over 6% in recent trading activity.Price: $31.07, Change: $-2.06, Percent Change: -6.20%

$GLXY

Wire39d ago

Arthur J. Gallagher Acquires Ohio-Based Cincinnati Benefit Solutions

Arthur J. Gallagher (AJG) said Tuesday that it has acquired Ohio-based Cincinnati Benefit Solutions.Terms of the acquisition were not disclosed.Cincinnati Benefit Solutions is a provider of employee benefits services for small businesses in Cincinnati and nearby areas, the company said.Price: $211.99, Change: $+2.92, Percent Change: +1.39%

$AJG

Mining & Metals39d ago

Biomark Diagnostics Gets Canadian, European Patent Allowances for Early-Stage Lung Cancer Blood Test

Biomark Diagnostics (BUX.CN) received formal patent allowances from both the Canadian Intellectual Property Office and the European Patent Office for its lung cancer early detection technology, it said in a statement on Tuesday."The clinical validation of BioMark's metabolomics platform is anchored in exceptionally robust data, having already shown immense promise across more than 15,000 blood samples collected throughout Quebec, France, and Germany," said Chief Executive Rashid Ahmed Bux. "This vast multi-jurisdictional clinical asset underscores the reliability, reproducibility, and potential of the platform across diverse population groups."The company said it continues to advance corresponding patent applications "actively under prosecution" in additional major markets, including the U.S., China, and Japan. Biomark is also preparing for the upcoming commercial launch later this year, it said.

$BUX.CN

Sectors39d ago

Sector Update: Energy Stocks Slightly Higher Pre-Bell Tuesday

Energy stocks slightly rose pre-bell Tuesday, with the State Street Energy Select Sector SPDR ETF (XLE) marginally higher.The United States Oil Fund (USO) was down 1.2% and the United States Natural Gas Fund (UNG) was 1.5% lower.Front-month US West Texas Intermediate crude oil was 0.2% lower at $73.68 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil lost 0.5% to $77.54 per barrel, and natural gas futures were down 1.3% at $3.21 per 1 million British Thermal Units.Phillips 66 (PSX) has partnered with Kanin Energy on a 7-megawatt waste heat-to-power project at its Mewbourn natural gas processing complex in Platteville, Colorado, Kanin Energy said. Phillips 66 stock was 0.1% higher premarket.Baker Hughes (BKR) has secured a lifecycle and digital services contract to support turbomachinery operations at ANOH Gas Processing's plant in Nigeria, the oilfield services firm said. Baker Hughes shares were down 0.4% pre-bell.Dorian LPG (LPG) shares were marginally higher after the company said it has signed an agreement to build one Very Large Gas Carrier, or VLGC, and reached separate memoranda of understanding to sell three VLGCs.

$BKR$LPG$PSX$UNG$USO$XLE

Oil & Energy39d ago

EMEA Oil Update: Murban Slips to Pre-War Levels as Supply Fears Ease

Brent oil futures extended losses while Murban crude futures tumbled to pre-war levels on Tuesday as breakthroughs in US-Iran talks defused energy supply anxieties following weeks of severe market disruptions.The front-month Brent contract fell 0.5% at $77.59 per barrel and hovered near early-March levels. Murban futures hit their lowest since Feb. 18 earlier in the session and were down 0.8% at $70.23/bbl.The US Treasury Department's Office of Foreign Assets Control issued "General License X" on Monday, granting a 60-day waiver that permits the production, delivery, and sale of Iranian-origin crude, petroleum products, and petrochemicals through Aug. 21."Brent crude trades near $77.50 and is lower for a second day as US-Iran talks continue. Additional pressure followed the US decision to issue a 60-day sanctions waiver, allowing limited sales of Iranian crude and refined products," Saxo Bank analysts said."The move should facilitate the export of some of the estimated 30 million barrels that left Iranian ports last week," the analysts said.However, near-term price volatility hinges on the normalization of Persian Gulf upstream production and transit speeds through the Hormuz chokepoint, ING analysts noted.Wood Mackenzie forecasts Brent will to average $92 per barrel in 2026 and drop to $78 per barrel in 2027, contingent on transit via the Strait of Hormuz normalizing by August.

Mining & Metals39d ago

AutoCanada Sells U.S. Lincolnwood Dealership For C$40 Million

AutoCanada (ACQ.TO) continued its exit from the U.S. after completing the sale of its Toyota of Lincolnwood dealership for C$40 million cash, excluding inventory and net working capital.AutoCanada said in a statement Monday that proceeds will be used to pay down the outstanding balance of its revolving credit facility.The company has so far generated C$106 million of proceeds from offloading its U.S. dealerships. It believes it will sell its remaining U.S. dealerships this year, and hit the high end of the expected C$115 million to C$130 million proceeds range, said Chief Executive Samuel Cochrane.AutoCanada classified its U.S. operations as discontinued operations at the end of 2024.

$ACQ.TO

Commodities39d ago

Exchange-Traded Funds, Equity Futures Lower Pre-Bell Tuesday as AI Spending Concerns Weigh on Technology Shares

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was down 1.4%, and the actively traded Invesco QQQ Trust (QQQ) retreated 3% in recent Tuesday premarket activity, amid a broad technology selloff fueled by concerns over borrowing costs and heavy spending on artificial intelligence infrastructure.US stock futures were also lower, with S&P 500 Index futures down 1.4%, Dow Jones Industrial Average futures slipping 0.5%, and Nasdaq futures retreating 3% before the start of regular trading.The S&P Global flash readings for June manufacturing and services conditions are due to be released at 9:45 am ET.The state-level unemployment data for May and the Richmond Fed's services and manufacturing readings for June will be released at 10:00 am ET.In premarket action, bitcoin was down by 4.4%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 3.4% lower, Ether ETF (EETH) retreated by 5.5%, and Bitcoin & Ether Market Cap Weight ETF (BETH) was flat.Power Play:TechnologyThe State Street Technology Select Sector SPDR ETF (XLK) retreated 3.8%, and the iShares US Technology ETF (IYW) was 3.5% lower, while the iShares Expanded Tech Sector ETF (IGM) was down 3.4%. Among semiconductor ETFs, the State Street SPDR S&P Semiconductor ETF (XSD) declined by 5.8%, while the iShares Semiconductor ETF (SOXX) fell by 7%.International Business Machines (IBM) shares were up more than 4% in recent premarket activity after the company said it joined the OpenAI Daybreak Cyber Partner program.Winners and Losers:FinancialThe State Street Financial Select Sector SPDR ETF (XLF) was down 0.2%. Direxion Daily Financial Bull 3X Shares (FAS) retreated by 1.1%, while its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), was 0.1% higher.Robinhood Markets (HOOD) shares traded down 5.6% in early hours activity after the online investment platform priced a private $2 billion offering of non-interest-bearing senior convertible notes, due Oct. 1, 2029.ConsumerThe State Street Consumer Staples Select Sector SPDR ETF (XLP) was up 1.5%, the Vanguard Consumer Staples Index Fund ETF Shares (VDC) was gaining by 0.2%, and the iShares US Consumer Staples ETF (IYK) was flat. The State Street Consumer Discretionary Select Sector SPDR ETF (XLY) lost 0.9%. The VanEck Retail ETF (RTH) was inactive, while the State Street SPDR S&P Retail ETF (XRT) retreated by 0.6%.Tesla (TSLA) shares were down 2.7% pre-bell, following a 1.1% gain at the previous day's close. NatPower said it has signed a multiyear supply and execution deal with Tesla for more than 25 gigawatt-hours of battery energy storage systems in Italy and the UK.Health CareThe State Street Health Care Select Sector SPDR ETF (XLV) advanced 0.7%, the Vanguard Health Care Index Fund (VHT) was up 0.4%, while the iShares US Healthcare ETF (IYH) was up 2%. The iShares Biotechnology ETF (IBB) was down 0.7%.Natera (NTRA) stock was down more than 2% premarket, extending the 1.1% decline at the prior close. The company said it has received a Category 1 recommendation from the National Comprehensive Cancer Network for Signatera-guided adjuvant atezolizumab treatment in patients with muscle-invasive bladder cancer.EnergyThe iShares US Energy ETF (IYE) was down 0.03%, while the State Street Energy Select Sector SPDR ETF (XLE) was up by 0.2%.Energy Fuels (UUUU) stock was down more than 2% before market open after the company agreed to acquire Germany's Vaccumschmelze and associated business and subsidiaries from Ara Partners for $1.9 billion in cash and stock.IndustrialThe State Street Industrial Select Sector SPDR ETF (XLI) declined by 1.2%, while the Vanguard Industrials Index Fund (VIS) was up less than 0.1% and the iShares US Industrials ETF (IYJ) was flat.A. O. Smith (AOS) stock little changed before the opening bell. The company said its board has elected Stephen Shafer, president and chief executive officer, as chairman, effective July 1, after Executive Chairman Kevin Wheeler retires.CommoditiesFront-month US West Texas Intermediate crude oil retreated by 0.3% to $73.60 per barrel on the New York Mercantile Exchange. Natural gas was down by 1.6% to $3.20 per 1 million British Thermal Units. The United States Oil Fund (USO) declined by 1%, while the United States Natural Gas Fund (UNG) was 1.5% lower.Gold futures for July were down by 1.6% to $4,134.70 an ounce on the Comex. Silver futures retreated by 5.1% to $62.21 an ounce. SPDR Gold Shares (GLD) declined by 2%, and the iShares Silver Trust (SLV) was 4.9% lower.

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Showing 20121-20140 of 65262

Commodities39d ago