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Grafa

TSMC monthly revenue surges 30% as relentless AI demand drives chip sales

Taiwan Semiconductor Manufacturing Company (NYSE:TSM) posted record consolidated revenue for May 2026, setting a new single-month high as global technology enterprises continue to aggressively ramp up hardware procurement for artificial intelligence applications.

Read more: TSMC monthly revenue surges 30% as relentless AI demand drives chip sales
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Technology

ChipMOS May revenue climbs 17.7% as AI supply imbalance sustains growth

ChipMOS TECHNOLOGIES (NASDAQ:IMOS) reported a 17.7 percent year-over-year increase in its unaudited consolidated revenue for May 2026, capitalizing on an artificial intelligence sector expansion that continues to outpace broader manufacturing capacity.

Read more: ChipMOS May revenue climbs 17.7% as AI supply imbalance sustains growth
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Technology

Cango reports May 2026 operational metrics with hashrate reaching 31.67 EH/s

Cango (NYSE:CANG) published its operational update for May 2026, detailing the capacity metrics of its global digital asset mining network as the company continues to transition toward an integrated energy and artificial intelligence computing platform.

Read more: Cango reports May 2026 operational metrics with hashrate reaching 31.67 EH/s
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Technology

Cheetah Mobile narrows Q1 loss as robotics and AI units accelerate

Cheetah Mobile (NYSE:CMCM) reported a significantly narrowed net loss for the first quarter of 2026, capitalizing on an aggressive operational pivot that generated a triple-digit surge within its commercial robotics business alongside steady growth in cloud infrastructure.

Read more: Cheetah Mobile narrows Q1 loss as robotics and AI units accelerate
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Oil prices hold steady as U.S.-Iran military exchanges offset dwindling supplies

Crude oil prices remained tightly range-bound on Wednesday morning as escalating military hostilities between the United States and Iran counterbalanced supportive domestic inventory data. Traders are weighing the structural threat of a prolonged Middle East chokepoint shutdown against slowing global demand signals.

Read more: Oil prices hold steady as U.S.-Iran military exchanges offset dwindling supplies
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Rafael Holdings completes Phase 3 TransportNPC™ trial for Niemann-Pick Disease Type C

Rafael Holdings (NYSE:RFL) announced that the last patient has completed the final 96-week study visit in its pivotal Phase 3 TransportNPC™ trial evaluating Trappsol® Cyclo™ for the treatment of Niemann-Pick Disease Type C (NPC).

Read more: Rafael Holdings completes Phase 3 TransportNPC™ trial for Niemann-Pick Disease Type C
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Industrials

Lakeland Fire + Safety swings to profit on fire services growth and portfolio divestiture

Lakeland Industries, operating as Lakeland Fire + Safety (NASDAQ:LAKE), reported a return to net profitability for the fiscal first quarter of 2027, driven by robust expansion within its core fire services segment and structural optimization of its product portfolio.

Read more: Lakeland Fire + Safety swings to profit on fire services growth and portfolio divestiture
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Technology

EU orders Meta to grant rival AI assistants free access to WhatsApp

European Union antitrust regulators ordered Meta Platforms (NASDAQ:META) to grant competing artificial intelligence chatbots free access to its WhatsApp messaging service, utilizing emergency interim powers for the first time in 17 years to protect startup developers while a broader market-power investigation proceeds.

Read more: EU orders Meta to grant rival AI assistants free access to WhatsApp
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Tango Therapeutics stock rockets 53% on pancreatic cancer data

Tango Therapeutics (NASDAQ:TNGX) shares climbed to a record high after the company unveiled initial clinical data showing that its experimental oncology asset, vopimetostat, shrunk tumors in nearly all evaluated pancreatic cancer patients when combined with Revolution Medicines' daraxonrasib.

Read more: Tango Therapeutics stock rockets 53% on pancreatic cancer data
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Oil and Gas

Perma-Pipe revenue rises 7.5% as higher factory costs and compliance outlays squeeze profits

Perma-Pipe International Holdings (NASDAQ:PPIH) reported an expansion in top-line revenue for the first quarter of fiscal year 2026, driven by sustained industrial demand across its primary geographic footprints, though near-term factory start-up friction and heightened regulatory compliance outlays compressed bottom-line margins.

Read more: Perma-Pipe revenue rises 7.5% as higher factory costs and compliance outlays squeeze profits
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Teleflex Resorbable Magnesium Scaffold demonstrates sustained long-term safety in four-year study

Teleflex (NYSE:TFX) announced positive four-year follow-up data from its First-in-Human BIOMAG-I clinical trial, reinforcing the long-term safety and performance stability of its third-generation Freesolve Resorbable Magnesium Scaffold.

Read more: Teleflex Resorbable Magnesium Scaffold demonstrates sustained long-term safety in four-year study
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Cartesian Therapeutics inks licensing deal to advance in vivo autoimmune CAR-T pipeline

Cartesian Therapeutics (NASDAQ:RNAC) announced a strategic licensing agreement with WestGene Biopharma to co-develop innovative in vivo mRNA chimeric antigen receptor T-cell (CAR-T) therapies, marking a significant expansion of its clinical efforts to target severe autoimmune conditions.

Read more: Cartesian Therapeutics inks licensing deal to advance in vivo autoimmune CAR-T pipeline
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Technology

BitFuFu Bitcoin production jumps 22% as self-mining strategy expands

BitFuFu (NASDAQ:FUFU) reported a 22.1% month-over-month increase in its unaudited Bitcoin production for May 2026, driven by a deliberate pivot toward its proprietary self-mining business and stabilized infrastructure conditions across its international footprint.

Read more: BitFuFu Bitcoin production jumps 22% as self-mining strategy expands
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TG Therapeutics advances BRIUMVI beyond MS with positive myasthenia gravis data

TG Therapeutics (NASDAQ:TGTX) reported positive topline results from an early-stage clinical evaluation of a subcutaneous formulation of its flagship therapy, BRIUMVI, in patients with myasthenia gravis, marking a significant milestone in the company’s strategy to expand the drug's utility beyond its approved indication for multiple sclerosis.

Read more: TG Therapeutics advances BRIUMVI beyond MS with positive myasthenia gravis data
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RedHill's opaganib receives FDA rare pediatric disease designation for childhood cancer

RedHill Biopharma (NASDAQ:RDHL) announced that the U.S. Food and Drug Administration has granted rare pediatric disease designation to its investigational asset, opaganib, for the treatment of neuroblastoma, a type of cancer that primarily affects infants and young children.

Read more: RedHill's opaganib receives FDA rare pediatric disease designation for childhood cancer
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Invivyd doses first participants in phase 3 COVID-19 study evaluating antibody-vaccine co-administration

Invivyd (NASDAQ:IVVD) has initiated dosing in its LIBERTY Phase 3 clinical trial, a randomized, double-blind study designed to evaluate the safety, tolerability, and immunology of its investigational monoclonal antibody candidate, VYD2311, alone and co-administered with an mRNA COVID-19 vaccine in healthy adults.

Read more: Invivyd doses first participants in phase 3 COVID-19 study evaluating antibody-vaccine co-administration
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Alterity Therapeutics wins FDA alignment for pivotal Phase 3 neurodegenerative trial

Alterity Therapeutics (NASDAQ:ATHE) has successfully concluded an End-of-Phase 2 meeting with the U.S. Food and Drug Administration (FDA), securing critical regulatory alignment on the design of its upcoming pivotal Phase 3 clinical program for lead candidate ATH434.

Read more: Alterity Therapeutics wins FDA alignment for pivotal Phase 3 neurodegenerative trial