Day One Biopharmaceuticals (NASDAQ: DAWN) ripped higher on Friday morning after Servier signed a definitive agreement to acquire the California-based firm for about $2.5 billion in cash. Servier’s deal rewrites DAWN’s technical profile, valuing its shares at $21.5 each, which translates to a nearly 70% upside from its previous close. Following this explosive move to
Micron Technology shares fell on Friday as weakness in South Korean memory names weighed on sentiment and US investors awaited February jobs data. The moves come as US stocks remained in the red amid the Iran conflict, while South Korean memory giants Samsung Electronics and SK Hynix also declined on the Korea Exchange. Micron edges
In 2025, artificial intelligence moved from tech circles into everyday life. It showed up everywhere, from conversations at the dinner table, in questions about whether the next phone or washing machine would run on AI, and in emails from managers urging employees to learn how to use it. Suddenly, the technology was no longer abstract.
The surge in artificial intelligence investment is reshaping venture capital markets, but it is also concentrating funding in ways that may complicate progress for women founders. While female-founded startups in the United States raised a record amount of venture funding in 2025, much of the capital was concentrated in a handful of AI companies, highlighting
The global financial landscape has been fixated on the Iran war in recent days. While the strikes that killed Tehran’s supreme leader and the nation’s subsequent “retaliation” were broadly expected to hurt stock prices, markets have actually shown a surprising level of resilience. Despite this apparent stability, however, investors remain in a state of purgatory,
The Iran-Israel conflict has quickly spilled into the global travel industry, triggering flight cancellations, airspace closures, and major disruption across the Middle East. Missile and drone strikes across Gulf countries have forced airlines to suspend operations and reroute aircraft, leaving thousands of travellers stranded and forcing airlines to rapidly adjust flight paths. One of the
Indian paint companies are facing renewed pressure as rising crude oil prices, softer demand trends, and intensifying competition weigh on the sector’s outlook. Shares of major paint manufacturers have declined sharply in recent trading sessions, reflecting concerns that higher input costs and slowing consumption could squeeze profitability. The sector’s vulnerability stems largely from its heavy