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AlzeCure Shares Soar 71% to Highest Since 2022 on $2.2 Billion Alzheimer’s Drug Licensing Deal
AlzeCure shares surged 71% on June 30, 2026, reaching their highest level since early 2022 after the Swedish biotech company announced an Alzheimer’s drug licensing agreement valued at more than $2.2 billion, excluding royalties. The deal gives global development and commercialization rights to its lead candidate, ACD856, and marks a major milestone for the company….
Abivax Shares Soar 27% After Ulcerative Colitis Drug Shows Strong Results in Hard-to-Treat Patients
Abivax shares surged sharply after new clinical trial results for its ulcerative colitis treatment, obefazimod, showed strong performance in patients who previously failed standard therapies. The stock reaction reflects renewed investor confidence in the biotech pipeline and growing hopes for a breakthrough therapy in a difficult disease area. The move also comes at a time…
Morrisons Stores: Supermarket Confirms 100 Closures Across the UK
Morrisons stores are facing a major shake-up across the UK. Morrisons confirmed location names for its first wave of store closures, due to take place throughout the year, as part of a wider restructuring that will close 100 supermarkets for good. The majority of stores being shut down are the retailer’s smaller Morrisons Daily branches….
Amazon’s Rapid Delivery Push Wipes Out Over $15 Billion in Value for Eternal and Swiggy
India’s quick commerce market entered a new phase in June 2026 as Amazon stepped up its rapid delivery expansion, shaking investor confidence. The move triggered a sharp sell-off, wiping out more than $15 billion in the combined market value of Eternal and Swiggy within days. Analysts believe tougher competition could increase spending and delay profits…
Bitcoin Price Today: BTC Holds at $59,900 as Inflation Worries Persist
Bitcoin (BTC-USD) is clinging to the $59,900 level on June 26, 2026, following one of its sharpest single-day drops this year. Bitcoin fell to $58,000 on June 25, its weakest level since September 2024, after hotter US inflation data dented expectations for Federal Reserve rate cuts. US PCE rose 4.1% year-on-year in May, with core…
H&M Increases Margins Despite Weak European Demand
H&M delivered a mixed set of second-quarter results for fiscal 2026. Sales remained under pressure as shoppers across Europe spent less because of inflation and higher living costs. Even so, the fashion retailer improved its profitability through better cost control, lower inventory levels, and reduced discounting. While revenue growth stayed weak, the stronger margin performance…
Kospi Slumps as SoftBank Selloff Hits Asian Markets
Asian stock markets came under heavy pressure on June 26, 2026, as a sharp selloff in SoftBank shares triggered fresh concerns across the technology sector. South Korea’s Kospi also fell, with chip giants leading the losses as investors pulled back from AI-related stocks after months of strong gains. The market reaction highlights growing caution over…
Take-Two Sets GTA VI Release for PS5 and Xbox Series X|S on November 19, 2026 at $79.99
GTA VI has a firm price and a launch date. Take-Two Interactive confirmed on June 24, 2026, that Grand Theft Auto VI will launch on November 19 at $79.99 for PS5 and Xbox Series X|S. TTWO stock climbed roughly 3% in premarket trading after the announcement, with Bank of America simultaneously raising its price target…
AI Startup Baseten Reaches $13 Billion Valuation After Raising $1.5 Billion in New Funding Round
AI infrastructure startup Baseten has made headlines after raising $1.5 billion in a new funding round that boosted its valuation to $13 billion in June 2026. The deal highlights the growing investor focus on the technology that powers AI applications behind the scenes. As businesses rush to deploy AI tools at scale, companies that help…