Markets

Alibaba, Quest Diagnostics, On Holding, GameStop Lead Premarket Moves
Shares of Alibaba, Quest Diagnostics, On Holding and GameStop are among the standout movers ahead of the opening bell on Tuesday.

IDEAYA Biosciences Shares Drop Amid 2026 Pipeline Updates at Citigroup Summit
IDEAYA Biosciences reported progress on its oncology pipeline, including regulatory milestones for Darovasertib and IDE849, amid a market cap of $3.66 billion and a 55% year-to-date return.

ProMIS Neurosciences presents interim Alzheimer's data at Moody Capital; shares climb
ProMIS reported zero ARIA-E and a 15% p-tau217 drop in its PMN310 interim safety analysis at the Moody Capital conference, sending shares up nearly 8%.

Arm Holdings Surges 17% on 'Off-the-Charts' AI Chip Demand
Semiconductor architect reports 22.8% revenue growth and targets $2 billion in AGI CPU business as AI-driven chip demand accelerates.

Santacruz Silver Completes $14M Bolivia Mill Acquisition
Santacruz Silver Mining has completed its acquisition of a 500-tonne-per-day milling facility in Bolivia, adding processing capacity near its Reserva mine.

GoldQuest Mining appoints Martin Wafforn to board of directors
GoldQuest Mining announced the appointment of Martin Wafforn to its board of directors.

iShares to Wind Down iBonds Dec 2026 Corp ETF
BlackRock's fixed-income ETF will cease trading Dec. 23 and redeem all shares compulsorily, with payments expected Jan. 7, 2027.

Playtech raises €350m via senior secured notes due 2031
The gaming technology firm secured a €350 million bond offering as it expands financing ahead of global expansion plans.

Merck’s Winrevair gains FDA approval with 76% risk reduction in PAH clinical trial
Updated labeling reflects Phase 3 HYPERION trial showing 76% lower risk of worsening events for newly diagnosed pulmonary arterial hypertension patients on sotatercept-csrk.

Kainos Group Shareholders Approve All AGM Resolutions
Belfast-based Kainos Group plc secured unanimous support for key resolutions at its annual general meeting, including financial approvals and director elections.

Endeavour Silver halts ball mill at Guanacevi Mine
Endeavour Silver Corp. suspends primary ball mill at Guanacevi Mine due to mechanical issue, expects repair in three weeks with minimal cost impact.

Pentair Names Bob Hau as CFO, Effective November 1
Bob Hau joins as executive vice president and CFO, succeeding interim CFO Bob Fishman with a focus on driving financial performance and shareholder value.

Zillow Sees Growth Broadening Amid Flat Housing Market Outlook
Zillow executives outlined mid-cycle targets of $5 billion in revenue and 45% EBITDA margins, projecting mid-teens growth even as the housing market remains depressed at roughly 4 million annual sales.

Bitcoin climbs to $86,000 as oil falls below $90, short covering fuels rally
Bitcoin hovered near $86,000 after rebounding from Asian lows, aided by falling WTI crude and strong equity markets. Futures data point to short covering rather than fresh long buying.

Alector CEO Highlights Brain-Shuttle Pipeline Amid Alzheimer’s Focus
Alector’s Dr. Arnon Rosenthal outlines Phase I plans for AL137 and preclinical data for tau and alpha-synuclein siRNA programs at Cantor Healthcare Conference.

Mining Majors Consolidate Adjacent Assets to Build Giant Deposits
Barrick, Newmont, Agnico Eagle and BHP are all expanding operational hubs by acquiring or merging neighboring mineral properties into larger complexes.

AbbVie Declares $1.73 Quarterly Dividend; Marks Over 330% Increase Since Inception
AbbVie Inc. announced a quarterly cash dividend of $1.73 per share, part of a payout trajectory that has risen more than 330% since the company launched in 2013.

W.P. Carey raises quarterly dividend to $0.95 per share
The REIT increased its quarterly cash payout to $0.950, an annualized $3.80, with payment set for Oct. 15. The company now owns 1,748 net‑lease properties covering about 188 million sq ft.

AL Sydbank Announces Week 37 Share Buyback for DKK 22.8m
The bank executed 33,000 shares in Week 37 under a DKK 1.1bn buyback program, reducing its share capital by 1.34% through purchases averaging DKK 693 per share.

Venture Global Signs 20-Year LNG Supply Deal With China Gas
Venture Global agreed to sell 0.5 million tonnes per annum of U.S. LNG to China Gas under a 20-year contract beginning in 2030, raising total long-term offtake between the two firms to 2.5 Mtpa.

Boston Beer Co. Shifts Focus to Premium Growth, Innovation Amid Stock Decline
The company highlights Sun Cruiser’s rapid sales growth and supply chain efficiencies, while addressing declining stock performance and shifting ad spend toward high-impact initiatives.

Recruit Holdings Boosts Efficiency with AI-Driven Hiring Model
Recruit Holdings CEO highlights AI’s role in reshaping hiring costs and efficiency amid labor market pressures, as the company targets higher margins and global expansion.

Galantas Gold exercises 25,000 warrants at C$0.12 ahead of AIM listing
The company said it will seek admission of the newly issued shares on the London Stock Exchange's AIM market around Sept. 18.

China Slams US Tech Chiefs' Warnings on AI Development
Beijing accuses Washington-based AI leaders of spreading threat narratives that undermine global governance and target Chinese tech.

Olema Oncology Delays Palazestrant Data, Details Pipeline Timelines at Citi Summit
The biotech pushed top-line OPERA-01 results to Q1 2027 and outlined market opportunities of up to $10 billion-plus for its breast cancer assets.

