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Vertex Completes $10 Billion Crinetics Acquisition, Adding Rare Endocrine Growth Platform
InvestorsHub24d agoneutral
Vertex Completes $10 Billion Crinetics Acquisition, Adding Rare Endocrine Growth Platform

The completed acquisition adds PALSONIFY and atumelnant to Vertex’s portfolio, with the two therapies carrying combined peak annual revenue potential of more than $5 billion according to the company. Key Investor TakeawaysVertex Pharmaceuticals (NASDAQ:VRTX) completed its approximately $10 billion equity-value acquisition of Crinetics Pharmaceuticals on September 1, 2026.

NUBURU Advances Tekne Acquisition as Adjusted Active Order Value Reaches $135.4 Million
InvestorsHub24d agoneutral
NUBURU Advances Tekne Acquisition as Adjusted Active Order Value Reaches $135.4 Million

The proposed 70% Tekne acquisition is now expected to close in the first half of October as NUBURU moves from assembling its Defense & Security platform toward integrating its operating capabilities. Key Investor TakeawaysNUBURU (USOTC:BURU) expects its proposed acquisition of a 70% controlling interest in Tekne to close during the first half of October 2026.

NIO Q2 Earnings Call Highlights
MarketBeat24d agoneutral
NIO Q2 Earnings Call Highlights

NIO (NYSE:NIO) reported second-quarter 2026 vehicle deliveries of 107,658, up 49.4% from a year earlier, as revenue rose 69.1% to RMB32.1 billion and the company narrowed its operating and net losses. Founder, Chairman and Chief Executive Officer William Li said all three of the company’s brands—NI

How Often Do Stocks Decline in September?
The Wall Street Journal24d agoneutral
How Often Do Stocks Decline in September?

U.S. stocks finish higher in September less frequently than other months, according to Dow Jones Market Data. In September, the Dow industrials have finished higher only 43% of the time, using data going back to 1897.

Amazon (AMZN): Buy, Sell, or Hold Post Q2 Earnings?
StockStory24d agoneutral
Amazon (AMZN): Buy, Sell, or Hold Post Q2 Earnings?

Amazon has had an impressive run over the past six months as its shares have beaten the S&P 500 by 12.8%. The stock now trades at $260.22, marking a 24.9% gain. This was partly due to its solid quarterly results, and the performance may have investors wondering how to approach the situation.

Rezolve AI H1 Earnings Call Highlights
MarketBeat24d agoneutral
Rezolve AI H1 Earnings Call Highlights

Rezolve AI (NASDAQ:RZLV) reported first-half 2026 revenue of $130.8 million, up from $6.3 million in the prior-year period, as the company expanded its enterprise customer base and continued to build distribution partnerships with major technology and services providers. Founder, Chairman and CEO D

Shein Stock Waited Years to IPO Only to Flop. Blame Trump.
Barrons.com24d agoneutral
Shein Stock Waited Years to IPO Only to Flop. Blame Trump.

Shein stock had a trading debut to forget on Tuesday, summing up the waning fortunes of a company that was at one point expected to upend the entire fast-fashion market. There have been plenty of stellar IPOs in China this year—the most notable being memory-chip maker CXMT which surged 466% on its trading debut in July to become the country’s most valuable company. Shein never looked likely to join the club.

Why Higher Bond Yields Matter
The Wall Street Journal24d agoneutral
Why Higher Bond Yields Matter

A sustained move higher in yields will have consequences well beyond Wall Street. One of the most direct victims is the government itself, which will be forced to pay higher interest rates on its growing pile of debt as older bonds mature and are replaced by new ones. Over the past half-century, federal interest costs averaged 2.1% of GDP.

SB Energy Files for IPO With Nvidia Backing
The Wall Street Journal24d agoneutral
SB Energy Files for IPO With Nvidia Backing

The company, which is majority-owned by Masayoshi Son’s SoftBank, said it plans to trade on Nasdaq under the symbol SBE, and hasn’t yet determined the number or pricing of shares in the proposed offering.

The Odds of a Fed Rate Hike, According to Traders
The Wall Street Journal24d agoneutral
The Odds of a Fed Rate Hike, According to Traders

Traders are pricing in a more than 66% chance that the Fed will raise rates by a quarter point later this month, according to CME data. Expectations that the central bank will raise interest rates jumped after Kevin Warsh struck a hawkish tone at Jackson Hole on Friday.

Investing.com24d agoneutral
Two Saudi tankers struck in Strait of Hormuz Monday

Investing.com -- Two oil tankers carrying Saudi crude were hit by unknown projectiles on Monday while passing through the Strait of Hormuz, according to shipping intelligence firms Marisks and Kpler.

How Affirm leverages 0% interest
Payments Dive25d agoneutral
How Affirm leverages 0% interest

Inflation is prompting consumers to turn to Affirm’s zero-interest buy now, pay later loans, the company’s latest financial results suggest.

NIO’s Loss Narrows on EV Sales Growth
The Wall Street Journal25d agoneutral
NIO’s Loss Narrows on EV Sales Growth

Chinese electric-vehicle maker NIO reported a narrower loss in the second quarter, thanks to robust deliveries and its premium positioning.