stocks News
Walmart Shares Eye New Highs on $1.5B PhonePe IPO Plan
The blockbuster public offering for its Indian fintech holding could value PhonePe at up to $15 billion, spotlighting hidden value in the retail giant's portfolio.
J&J Faces Setback as Court Advances Over 67,000 Talc Lawsuits
A court-appointed official's recommendation to allow expert testimony linking talc to cancer deals a blow to a legal strategy centered on multi-billion dollar settlements.
Axogen Shares Fall After Upsized $124 Million Stock Offering
The nerve repair specialist plans to use the proceeds to repay debt and fund growth, a move that will dilute existing shareholders.
Corvus Pharma Shares Retreat After 165% Rally on Stock Offering News
The company moved quickly to capitalize on a massive stock surge from positive drug data, pricing an upsized $175 million offering to fund future trials.
BitGo Targets $1.96 Billion Valuation in NYSE Debut
The digital asset custodian's IPO, led by Goldman Sachs, will test public market appetite for cryptocurrency infrastructure firms amid a volatile sector.
Disco Corp Hits 52-Week High as AI Drives Record Demand
The Japanese semiconductor equipment maker raised its full-year forecast, signaling sustained momentum from the global build-out of generative AI infrastructure.
Mid Penn Bancorp Jumps 5% on Special Dividend, Strong Q4 Profit
The regional lender's stock hits a 52-week high after announcing a 47% increase in quarterly net income and rewarding shareholders with a special cash dividend.
CoreWeave Hit With Class Action Over Data Center Delays, $14B Loss
Lawsuit alleges the AI cloud provider misled investors about the status of its Denton, Texas facility, leading to a 34% stock plunge and significant market value erosion.