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Family-Run Angelini Pharma Buys Catalyst Pharmaceuticals For Over 4 Billion

by Vandana Singh | May 7, 2026 | General

Shares of Catalyst Pharmaceuticals Inc. (NASDAQ:CPRX) are trading higher on Thursday after Angelini Pharma agreed to acquire the company for $4.1 billion, or $31.50 per share. The boards of Angelini Pharma and Catalyst unanimously approved the deal. Angelini Group is...
POET Technologies Stock Is Trending: Investors Recalibrate Following Marvell Order Cancellation

POET Technologies Stock Is Trending: Investors Recalibrate Following Marvell Order Cancellation

by Henry Khederian | May 7, 2026 | General

POET Technologies Inc (NASDAQ:POET) shares are trending on Thursday as chip-stock sentiment improves and traders continue to recalibrate expectations after the Marvell Semiconductor order cancellation. Here’s what investors need to know. POET Technologies stock is...

CMS To Offer Wegovy To Eligible Medicare Patients At $50 Monthly Copay Starting July 2026

by Vandana Singh | May 7, 2026 | General

The Centers for Medicare & Medicaid Services announced that eligible Medicare beneficiaries living with obesity will gain access to Wegovy (semaglutide) for a $50 monthly copay beginning July 1, 2026, under the new Medicare GLP-1 Bridge program. The initiative,...

Intel Stock Struggles To Keep Pace: NVIDIA and AMD Pull Ahead in AI ‘Two-Horse Race’

by Anusuya Lahiri | May 7, 2026 | General

Intel Corp (NASDAQ:INTC) shares fell 1.74% at last check on Thursday as investors continued to favor AI infrastructure leaders and supply-chain winners, leaving Intel stuck in a “prove it” phase despite broader strength in tech stocks. A recent industry...

Relief Hits Aerospace ETFs As Howmet Shrugs Off Iran Conflict Risks

by Chandrima Sanyal | May 7, 2026 | General

Howmet Aerospace Inc. (NYSE:HWM) shares surged after the aerospace supplier posted stronger-than-expected quarterly results and raised its financial outlook, offering a boost to aerospace and defense ETFs that have faced pressure from rising geopolitical tensions and...
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