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Nuvectis’ In-Licensed Cancer Drug Earned Breakthrough Designation in China, and It’s Not Even Their Lead Asset
Company News

Nuvectis’ In-Licensed Cancer Drug Earned Breakthrough Designation in China, and It’s Not Even Their Lead Asset

INVESTING.COM

FinanceWire - WSW, NY, September 25th, 2026, FinanceWire

Three months ago, Nuvectis Pharma (NASDAQ: NVCT) was an oncology developer anchored by a single early-stage program. Today it holds ex-China rights to the world’s first approved once-daily oral Factor B inhibitor and, as of this morning, to a breakthrough-designated cancer drug. NXP200, the company’s oral, brain-penetrant BRAF inhibitor, has been granted Breakthrough Therapy Designation for BRAF V600-mutant, recurrent or progressive high-grade glioma, an aggressive brain cancer with few effective options once it returns.

The designation, granted by China’s Center for Drug Evaluation to Nuvectis’s partner Haisco Pharmaceutical Group, is reserved for drugs treating serious conditions where early data point to a meaningful advantage over existing therapy, and it brings closer regulator guidance and potentially a faster review once an application is filed. It follows a completed dose-escalation study in which the drug, on its own,

Anthropic supply-chain designation upheld in AI military dispute
Company News

Anthropic supply-chain designation upheld in AI military dispute

STREETINSIDER.COM

Investing.com -- A federal appeals court on Friday upheld the Department of War’s decision to remove artificial intelligence developer Anthropic (NASDAQ: ANTP) from its supply chain, delivering a major legal victory to the Trump administration in a landmark battle over the military’s use of frontier AI models.

At the heart of the dispute is Anthropic’s persistent refusal to grant the Department an unrestricted "all lawful uses" contractual term for Claude. While the AI vendor relaxed its public usage policies to accommodate classified threat assessments and cyber operations, it insisted on maintaining strict prohibitions against deploying Claude for mass domestic surveillance and lethal autonomous warfare, a stance CEO Dario Amodei defended as core to the company's corporate identity.

The tension escalated dramatically in early 2026 after Secretary of War Pete Hegseth mandated that the military achieve "AI Dominance" free from vendor-imposed constraints. Tensions boiled over followin

Bernstein unveils top European medtech stock picks to buy for H2
Analyst & Opinion

Bernstein unveils top European medtech stock picks to buy for H2

STREETINSIDER.COM

Investing.com -- European medtech has had another bruising year, with only Demant and Sonova outperforming the Stoxx 600 in 2026 as the sector’s once-premium valuation continues to de-rate.

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But Bernstein is steering investors toward two standout names as she rolls out her H2 playbook: Sonova as the short-term top pick and Alcon as the preferred long-term idea, with "outperform" ratings and price targets of CHF 275 and CHF 76.15, respectively.

Sonova, the world’s No. 1 player in the $7.7 billion hearing aid wholesale market with roughly a 25% unit share, is positioned to benefit from a multi-pronged growth setup into its H1 2026/27E results in November.

Bernstein forecasts H1 wholesale organic growth of 10.1% versus consensus at 8%, and Group organic growth of 6.5% versus consensus of 4.9%.

The bull case rests on continued strength from the EON Sphere launch, further share gains at Costco, where the Infinio-based device only entered the channel in March 2026, and another seven mo

Why is Roblox stock sliding today?
Company News

Why is Roblox stock sliding today?

INVESTING.COM

Investing.com -- Roblox stock fell 4.3% in afternoon trading as two distinct company-specific catalysts converged to push shares to an intraday low of $46.01, well below the prior session’s close of $48.83. The primary pressure stemmed from Meta’s announcement at its Connect conference on September 24 of two AI-powered game creation tools — Horizon Create, a mobile app, and Horizon Studio, a browser-based platform — that allow users to generate complete 2D or 3D games using simple text prompts, without any coding knowledge or specialized hardware, and distribute them directly across Facebook, Instagram, and Horizon.

The competitive threat rattled investors because Roblox’s core value proposition is its user-generated content ecosystem and creator tooling, areas Meta is now directly targeting. Adding to the selling pressure today, a Los Angeles Superior Court judge rejected Roblox’s bid to dismiss LA County’s lawsuit alleging the platform failed to adequately protect children from onli

Nike and McDonald's Are the Worst-Performing Dow Stocks This Year. Here's the 1 to Buy in October.
Company News

Nike and McDonald's Are the Worst-Performing Dow Stocks This Year. Here's the 1 to Buy in October.

FOOL.COM

It's been a rough year for Dow Jones Industrial Average (^DJI +0.88%) consumer stocks.

Through Sept. 24, the blue chip index is up 7% this year, but Nike (NKE -0.64%) and McDonald's (MCD -0.07%) are two of the three worst performers this year. Nike is down 44%, while McDonald's is off 22%. IBM, the second-worst performer, is down 23%.

Though they compete in different industries, Nike and McDonald's have a lot of similarities as stocks. Both companies are generations old and represent two of the most successful, global American brands.

They're the leaders in their respective industries, footwear/apparel and fast food, and they're advertising juggernauts. However, while both stocks have been big winners over their histories, they face different challenges now.

Nike has been struggling for years. The stock peaked during the pandemic and is now down roughly 80% from its all-time high. The sneaker king struggled first with mismanagement under former CEO John Donahoe, who leaned aggressi

Is Micron Stock Going to $1,625? 1 Wall Street Analyst Think So.
Analyst & Opinion

Is Micron Stock Going to $1,625? 1 Wall Street Analyst Think So.

FOOL.COM

The Wall Street analyst who sparked a breakout rally in Micron (MU +0.44%) stock back in May is back with an update.

UBS's Timothy Arcuri reiterated his buy rating and price target of $1,625 in a note this week, ahead of the memory-chip maker's fourth-quarter earnings report on Sept. 30.

Micron shares have skyrocketed over the last year as the company has been one of the biggest winners in the memory chip shortage sparked by the AI boom. Its revenue is growing by triple digits, and its operating margins have expanded to 80%, a rare feat for any company and a sign of how high memory prices have gone.

However, the stock has been volatile in recent months, as investors are unsure how long the boom will last. Historically, memory is highly cyclical. Micron was losing billions of dollars a year as recently as 2023, and at some point, prices will come down as more supply comes online and demand growth eases, though that is still years away.

Image source: Micron.

Arcuri clearly sees more

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Humana Inc. (HUM) shares jumped 6% today after Barclays upgraded the health insurer to Overweight from Equal-Weight. The upgrade is driven by increased conviction in Humana's upcoming Medicare Star ratings, with Barclays raising the probability of a key contract (H5216, covering 2.4M lives) achieving bonus status to 75%. This contract is critical for Humana's 2028 EPS target, representing an estimated $1.5 billion of EBIT and $9 of EPS. The Medicare Star ratings release is expected around October 8th 🔗.

Humana surges: Barclays bets big on Medicare star ratings rebound

Humana surges: Barclays bets big on Medicare star ratings rebound

STREETINSIDER.COMSep 25, 6:35 PM UTC
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A federal appeals court upheld the Department of War's decision to remove AI developer Anthropic (ANTP) from its supply chain due to usage restrictions on its Claude AI model 🔗. This ruling highlights growing tensions between AI developers and government demands for unrestricted use, particularly in military applications.

Separately, Microsoft co-founder Bill Gates is advocating for strict federal AI regulation, warning of the technology's potential for mass casualties in the wrong hands 🔗. These developments signal an accelerating push for AI governance and could impact future AI development and deployment across sectors.

Anthropic supply-chain designation upheld in AI military dispute

Anthropic supply-chain designation upheld in AI military dispute

STREETINSIDER.COMSep 25, 6:04 PM UTC
Bill Gates demands federal AI guardrails, warns of "a billion deaths"

Bill Gates demands federal AI guardrails, warns of "a billion deaths"

INVESTING.COMSep 25, 3:26 PM UTC
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The AI infrastructure buildout continues to drive market activity, with several companies benefiting from significant deals and bullish analyst sentiment:

  • Anthropic's $11.6B Computing Deal: European AI-linked stocks, including ASML, Infineon, and STMicroelectronics, rallied following Anthropic's massive computing deal, signaling sustained demand for AI hardware 🔗.
  • Data Center Expansion: Cipher Digital (CIFR) surged 5.9% after extending its Barber Lake data center lease to 20 years, boosting contracted revenue to over $9 billion with a commitment from a leading AI lab 🔗. Atlas Energy Solutions (AESI) jumped 13% on new power equipment deals for AI data centers 🔗.
  • AI Optical Growth: Mizuho initiated coverage on Tower Semiconductor (TSEM) with an Outperform rating and $300 price target, highlighting its leadership in silicon photonics chips crucial for AI data center connectivity 🔗.

This trend underscores the ongoing investment and expansion in the AI ecosystem, from chip manufacturing to data center power and infrastructure.

European AI-linked stocks rally After Anthropic’s $11.6 bln computing deal

European AI-linked stocks rally After Anthropic’s $11.6 bln computing deal

STREETINSIDER.COMSep 25, 11:54 AM UTC
Cipher Digital stock jumps after extending Barber Lake lease

Cipher Digital stock jumps after extending Barber Lake lease

STREETINSIDER.COMSep 25, 11:54 AM UTC
Atlas Energy stock surges on AI data center power deals

Atlas Energy stock surges on AI data center power deals

STREETINSIDER.COMSep 25, 12:49 PM UTC
Mizuho bullish on Tower Semiconductor, points to AI optical growth

Mizuho bullish on Tower Semiconductor, points to AI optical growth

STREETINSIDER.COMSep 25, 3:27 PM UTC
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The AI infrastructure buildout is accelerating, with European AI-linked stocks rallying after Anthropic signed an $11.6 billion computing deal 🔗. This follows a prior $1.8 billion agreement, highlighting growing demand for AI software and computing capacity 🔗.

In the US, data center and power infrastructure providers are also seeing significant activity:

  • Atlas Energy Solutions (AESI) jumped 13% premarket on new power equipment deals with a frontier AI lab for data center projects, including 283MW of incremental power generation 🔗.
  • Cipher Digital (CIFR) rose 5.9% after extending its Barber Lake data center lease to 20 years, increasing total contracted revenue to over $9 billion, driven by a binding commitment from a leading AI lab 🔗.

This trend underscores the massive capital expenditure flowing into AI infrastructure, driving demand for chips, power, and data center capacity.

European AI-linked stocks rally After Anthropic’s $11.6 bln computing deal

European AI-linked stocks rally After Anthropic’s $11.6 bln computing deal

STREETINSIDER.COMSep 25, 11:54 AM UTC
Atlas Energy stock surges on AI data center power deals

Atlas Energy stock surges on AI data center power deals

STREETINSIDER.COMSep 25, 12:49 PM UTC
Cipher Digital stock jumps after extending Barber Lake lease

Cipher Digital stock jumps after extending Barber Lake lease

STREETINSIDER.COMSep 25, 11:54 AM UTC
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HSBC upgraded BP and TotalEnergies to 'Buy', raising price targets to 640p and €93 respectively, citing higher Brent crude, refining margin, and gas price forecasts. The bank increased 2026-28 EPS estimates across the sector by averages of 19-65% 🔗. Separately, UBS upgraded Glencore to 'Buy' with a 650p price target, driven by stronger Marketing division performance, rising commodity prices, and improved copper growth visibility. UBS raised Glencore's 2026-27 EBITDA estimates by 5-7% 🔗. These actions signal growing analyst confidence in the energy and commodities sector's earnings outlook.

HSBC shuffles oil stocks ratings, upgrades BP and TotalEnergies to Buy

HSBC shuffles oil stocks ratings, upgrades BP and TotalEnergies to Buy

STREETINSIDER.COMSep 25, 10:59 AM UTC
UBS upgrades Glencore as commodity gains boost earnings outlook

UBS upgrades Glencore as commodity gains boost earnings outlook

STREETINSIDER.COMSep 25, 10:58 AM UTC
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Prime Medicine Inc (NASDAQ: PRME) shares gained over 12% in after-hours trading following FDA clearance of its Investigational New Drug (IND) application for PM647 🔗.

PM647 is an in vivo gene editing therapy targeting Alpha-1 Antitrypsin Deficiency (AATD), designed to correct the E342K mutation in the SERPINA1 gene. The planned Phase 1/2 clinical trial will evaluate safety, tolerability, and preliminary efficacy in adults with AATD 🔗.

This marks the company's second regulatory milestone, following clearance for PM577a, and aims to address both liver and lung manifestations of AATD, a condition with no approved curative treatment for its underlying genetic cause 🔗.

Prime Medicine stock surges on FDA IND clearance

Prime Medicine stock surges on FDA IND clearance

STREETINSIDER.COMSep 24, 8:38 PM UTC
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UBS has initiated coverage on five AI data center colocation stocks with 'Buy' ratings, citing rapid growth potential due to accelerating AI adoption and constrained computing capacity 🔗.

Key Highlights:

  • Hut 8 Corp (HUT): Buy rating, $143 PT (45% upside), strong pipeline and value creation track record 🔗.
  • Terawulf Inc (WULF): Buy rating, $24 PT (41% upside), differentiating ability to convert brownfield sites 🔗.
  • Applied Digital Corp (APLD): Buy rating, $38 PT (35% upside), substantial 1.3 GW backlog 🔗.

Power access is noted as the primary limiting factor for scaling compute infrastructure. This analyst action signals strong conviction in the AI infrastructure sector's growth trajectory. 🔗

UBS initiates five AI Infrastructure stocks, sees 36% upside

UBS initiates five AI Infrastructure stocks, sees 36% upside

STREETINSIDER.COMSep 24, 7:25 PM UTC
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The race for AI infrastructure expands to space as Google (GOOGL) launches Project Suncatcher, deploying proprietary TPUs into Low Earth Orbit via SpaceX to bypass terrestrial energy and infrastructure constraints 🔗. Meanwhile, NVIDIA (NVDA) is named the exclusive chip supplier for SpaceX's ambitious orbital data center constellation, aligning interests with a sizable stake in SpaceX 🔗.

Separately, UBS initiates coverage on five AI data center colocation stocks with bullish ratings, citing rapid growth potential and constrained computing capacity. Hut 8 Corp (HUT) receives a Buy rating and $143 PT (45% upside), Terawulf Inc (WULF) a Buy with $24 PT (41% upside), and Applied Digital Corp (APLD) a Buy with $38 PT (35% upside) 🔗. Everpure (P) also surged nearly 18% after raising its FY28 outlook, citing growth opportunities with hyperscalers 🔗.

NVIDIA and Alphabet emerge as top orbital chip beneficiaries

NVIDIA and Alphabet emerge as top orbital chip beneficiaries

INVESTING.COMSep 24, 5:02 PM UTC
Google to test custom AI chips in space on upcoming SpaceX mission

Google to test custom AI chips in space on upcoming SpaceX mission

STREETINSIDER.COMSep 24, 3:27 PM UTC
UBS initiates five AI Infrastructure stocks, sees 36% upside

UBS initiates five AI Infrastructure stocks, sees 36% upside

STREETINSIDER.COMSep 24, 7:25 PM UTC
Everpure Stock Leads S&P 500 Gainers After Rosy Outlook on AI Demand

Everpure Stock Leads S&P 500 Gainers After Rosy Outlook on AI Demand

INVESTOPEDIA.COMSep 24, 3:48 PM UTC
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Meta Platforms (META) is seeing renewed analyst confidence following its Connect conference. JPMorgan raised its price target to $920 from $820, citing the potential for its Muse AI agent to become a leading consumer AI application. New partnerships with Walmart, Best Buy, and Dick's Sporting Goods will enable shopping through Muse, potentially tapping into a $30 trillion agentic shopping market. The company also unveiled new smart glasses and a $1,299 VR headset, expanding its AI and hardware ecosystem. 🔗

Meta Made a Number of AI Announcements Last Night. Here’s What Analysts Have to Say About Them

Meta Made a Number of AI Announcements Last Night. Here’s What Analysts Have to Say About Them

INVESTOPEDIA.COMSep 24, 4:06 PM UTC
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Oracle (ORCL) has issued a force majeure notice on its massive 'Project Jupiter' AI data center, citing local opposition and regulatory setbacks. This move aims to suspend payments if the facility misses its 2028 launch date 🔗.

Impact:

  • Oracle shares fell 4% 🔗.
  • Blue Owl Capital (BLUE), owner of the project's developer, dropped 4% 🔗.
  • Bloom Energy (BE), a key power provider for the project, tumbled 6% 🔗.

The $165 billion project, a cornerstone of Oracle's Stargate AI infrastructure, faces challenges in resource management in an arid region. This highlights growing friction between AI infrastructure demand and environmental realities.

Oracle triggers force majeure on massive 'Project Jupiter' data center

Oracle triggers force majeure on massive 'Project Jupiter' data center

STREETINSIDER.COMSep 24, 12:56 PM UTC
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