Rezolute (NASDAQ: RZLT) provided an important update this week on ersodetug, its investigational antibody for hyperinsulinism: the FDA is continuing to review additional data from the Phase 3 sunRIZE study as it evaluates a potential regulatory path forward in congenital hyperinsulinism. Hyperinsulinism is a condition in which excessive insulin activity drives blood glucose to dangerously…
Canaan Inc. (NASDAQ: CAN) shares were up 13.74% Friday, gaining $0.0424 to trade at $0.3511. The bitcoin-mining hardware company opened at $0.32 and climbed as high as $0.3579 during the session, extending a sharp intraday rebound from Thursday’s $0.3087 close. authID Inc. (NASDAQ: AUID) shares climbed 10.31% Friday to $0.3958, a gain of $0.037 from…
UBS downgraded NuScale Power Corporation (NYSE: SMR) to Sell from Neutral on Friday and slashed its price target to $6, driving shares down roughly 11% to about $9.09 in morning trading. The call marks the second analyst action to hit the small modular reactor developer in two sessions, and it lands as Wall Street begins…
Wealthfront Corporation (NASDAQ: WLTH), a tech-driven financial platform serving digital-native savers and investors, reported fiscal second quarter 2027 results on September 9, 2026 for the quarter ended July 31, 2026. Total platform assets reached $99.0 billion, up 12% year over year, and CEO David Fortunato confirmed the company surpassed $100 billion in August. Revenue of…
Key Points Cardiol Therapeutics filed a preliminary US$150 million base shelf prospectus in Canada and a related Form F-10 registration statement with the U.S. Securities and Exchange Commission. If finalized, the shelf could allow Cardiol to issue securities over 25 months, including common shares, debt, warrants, subscription receipts, units, or a combination of securities. The…
Draganfly Inc. (NASDAQ: DPRO), a developer of drone solutions and systems, announced on September 11, 2026 that the Government of Canada awarded it a five-year contract to supply Low-Cost Tactical Intelligence, Surveillance and Reconnaissance uncrewed aircraft systems to the Canadian Armed Forces. The initial contract commits Canada to 100 systems, along with ground control stations,…
Key Points Tenable Holdings ranked first in worldwide device vulnerability and exposure management market share for the eighth consecutive year, according to IDC. IDC reported that Tenable held 24.6% of the global market and led its closest competitor by nearly $260 million. Tenable cited continued investment in AI-driven exposure management, application security, and security-control validation…
Oracle Corporation (NYSE: ORCL) delivered a fiscal first-quarter beat that landed squarely on the metric Wall Street cares about most. The company’s cloud infrastructure business more than doubled year over year, signaling that its aggressive artificial intelligence data center build-out has begun converting capital expenditure into revenue. Key Points Cloud infrastructure revenue jumped 121% to…
Key Points NRx Pharmaceuticals’ HOPE Therapeutics subsidiary is preparing to deploy Zeta Surgical’s FDA-cleared robotic transcranial magnetic stimulation, or TMS, system in Florida clinics. HOPE said it will become the first interventional psychiatry network to use the Zeta TMS Robotic System. The system uses AI-guided software to track patient movement and adjust the TMS coil…
Archer Aviation Inc. (NYSE: ACHR), an aerospace company developing electric vertical takeoff and landing aircraft, announced on September 10, 2026 that America’s Consortium for Electric Skyways will bring its interoperable charging network to Texas. ACES, which Archer launched with BETA Technologies and Macquarie Capital, will support Texas Department of Transportation air taxi operations under the…
Key Points Cannabis Strategic Ventures signed a non-binding letter of intent to acquire Adport’s operating assets and intellectual property. Adport develops mobile, battery-powered digital advertising screens for delivery riders and fleet operators. The company is running a New York pilot with nine screens used by nine delivery riders. If completed, the stock-for-assets deal would give…
Babcock & Wilcox Enterprises, Inc. (NYSE: BW), a provider of energy and environmental products and services for power and industrial markets, announced on September 10, 2026 that it has received a limited notice to proceed on an approximately $130 million air quality control project at a U.S. coal-fired power plant. Under the notice, B&W will…