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AbbVie Expands Immunology Footprint With Apogee $11 Billion Acquisition

Read Also: AbbVie Says Nine-Year Data Reinforces Venetoclax Benefit In Leukemia Patients Biopharmaceutical giant AbbVie Inc. (NYSE:ABBV) announced Monday that it has agreed to acquire Apogee Therapeutics Inc. (NASDAQ:APGE) in a cash deal valued at approximately $10.9 billion. The deal strengthens its immunology portfolio and accelerates AbbVie’s expansion into respiratory diseases through a pipeline of […]
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Peter Schiff Warns California’s Proposed Billionaire Tax Could Trigger A ‘Mass Exodus’

Economist Peter Schiff has warned that California faces a “mass exodus” of ultra-wealthy entrepreneurs, including Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg, if voters pass a proposed 5% billionaire wealth tax. Deconstructing the warning, Schiff highlighted the hidden danger of taxing unrealized asset valuations, which he claims will trigger severe capital flight and permanently erode […]
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Eos Energy Expands Manufacturing with New Battery Line

Eos Energy Enterprises, Inc. (NASDAQ:EOSE) shares are trading higher on Tuesday after the company announced the launch of Battery Line 2 at its Thorn Hill manufacturing facility. This development is significant as it marks a major milestone in Eos’ efforts to scale its manufacturing capabilities. Battery Line 2 Launch The move is crucial for meeting […]
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SpaceX ETF Race Heats Up, Direxion Among First To Roll Out 2X Bull Fund

Direxion has launched the Direxion Daily SpaceX Bull 2X ETF (LOFF), becoming one of the first single-stock ETFs designed to provide leveraged exposure to SpaceX, or Space Exploration Technologies Corp (NASDAQ:SPCX), following the aerospace giant’s blockbuster public market debut on Friday. The ETF began trading one business day after SpaceX did, in what Direxion described […]
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Airlines Brace for Worst Profit Squeeze Since COVID

Airline stocks came under pressure Wednesday following a downgraded global profit outlook from the International Air Transport Association (IATA). IATA warned that airlines face mounting pressure in 2026 as the closure of the Strait of Hormuz triggers a severe fuel supply shock, weakens economic growth, and raises operating costs across the aviation industry. In a […]
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College Professors Say Gen Z’s Reading Skills Are Slipping as Students Turn to AI Summaries and Screens

Many Gen Z students are arriving at college unable to complete reading assignments at levels previously expected, prompting professors to change how they teach and raising concerns about the long-term impact on learning, critical thinking and social development. Some educators say students are struggling to understand even basic sentences and increasingly rely on AI-generated summaries […]
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Lucid Stock Hits New All-Time Low: What’s Driving The Action?

Lucid Group Inc (NASDAQ:LCID) shares are trading lower Friday morning, hitting a new all-time low, as investors keep debating the upside of its robotaxi ambitions versus the balance-sheet cost of scaling, during a risk-off session. Lucid Group shares are approaching critical lows. Why is LCID stock at lows? What Is Driving Lucid Group’s Robotaxi Ambitions? […]

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