Xenon Pharmaceuticals ( XENE ) announced pricing of its upsized underwritten public offering of 10.53M common shares and pre-funded warrants for up to 877,194 common shares. The common shares are priced at $57.00 each, and the pre-funded warrants at $56.9999 each, expected gross proceeds from this offering are about $650.0 million, excluding expenses. The deal was upsized from the initial $500 mil...
Xenon Pharmaceuticals ( XENE ) announced pricing of its upsized underwritten public offering of 10.53M common shares and pre-funded warrants for up to 877,194 common shares. The common shares are priced at $57.00 each, and the pre-funded warrants at $56.9999 each, expected gross proceeds from this offering are about $650.0 million, excluding expenses. The deal was upsized from the initial $500 million target to $650 million. Additionally, underwriters have a 30-day option to purchase up to 1.71M more common shares at the public offering price. The offering is anticipated to close around March 12, 2026, pending standard closing conditions. More on Xenon Pharma Xenon Pharmaceuticals Inc. (XENE) Discusses Positive Top Line Results from Phase 3 X-TOLE2 Study of Azetukalner in Focal Onset Seizures Transcript Xenon Pharmaceuticals Inc. (XENE) Discusses Positive Top Line Results from Phase 3 X-TOLE2 Study of Azetukalner in Focal Onset Seizures - Slideshow Xenon: Shares Soar On Seizure Data, But Valuation May Be Overcooked Xenon Pharmaceuticals announces proposed $500M public share offering Xenon announces positive topline data from phase 3 X-TOLE2 study of azetukalner
TLDRs; Amazon stock ticked slightly higher as the company prepared a potential $42 billion bond sale to finance massive artificial intelligence investments. Strong investor appetite emerged, with reported orders near $126 billion, far exceeding the size of the planned bond offering. The fundraising aligns with Amazon’s plan to boost capital expenditures to about $200 billion in 2026 for AI and clo...
TLDRs; Amazon stock ticked slightly higher as the company prepared a potential $42 billion bond sale to finance massive artificial intelligence investments. Strong investor appetite emerged, with reported orders near $126 billion, far exceeding the size of the planned bond offering. The fundraising aligns with Amazon’s plan to boost capital expenditures to about $200 billion in 2026 for AI and cloud infrastructure. Analysts say aggressive spending is necessary for Amazon to remain competitive in the rapidly expanding AI and hyperscale cloud race. 💥 Find the Next KnockoutStock! Get live prices, charts, and KO Scores from KnockoutStocks.com , the data-driven platform ranking every stock by quality and breakout potential. Shares of Amazon (NASDAQ: AMZN) moved modestly higher Tuesday as the technology and e-commerce giant prepared a massive bond sale that could raise as much as $42 billion. The planned debt offering comes as the company dramatically expands spending on artificial intelligence infrastructure, data centers, and advanced computing systems. Amazon.com, Inc., AMZN According to reports, Amazon is considering issuing between $37 billion and $42 billion in bonds across multiple maturities and currencies. If completed at the upper end, the transaction would rank among the largest corporate debt offerings ever executed. Investor demand appears to be exceptionally strong. Early indications suggest orders for the U.S. portion alone reached roughly $126 billion, significantly surpassing the amount Amazon intends to sell. The heavy demand highlights investors’ continued willingness to fund large technology companies as they scale up spending on AI capabilities. Massive Bond Sale Plans Amazon’s proposed offering includes multiple bond maturities in the U.S. market, reportedly spanning up to 11 different tranches. The dollar-denominated portion alone may reach approximately $37 billion, far above the company’s initial expectation of raising between $25 billion and $30 ...
Representative Julia Letlow (Republican-Louisiana) recently sold shares of Micron Technology, Inc. NASDAQ: MU. In a filing disclosed on January 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in Micron Technology stock on September 17th. The trade occurred in the Representative's "MERRILL LYNCH INVESTMENT ACCOUNT #025" account. Representative Julia Letlow also rece...
Representative Julia Letlow (Republican-Louisiana) recently sold shares of Micron Technology, Inc. NASDAQ: MU. In a filing disclosed on January 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in Micron Technology stock on September 17th. The trade occurred in the Representative's "MERRILL LYNCH INVESTMENT ACCOUNT #025" account. Representative Julia Letlow also recently made the following trade(s): Purchased $1,001 - $15,000 in shares of United Rentals NYSE: URI on 12/16/2025. on 12/16/2025. Sold $1,001 - $15,000 in shares of Pinterest NYSE: PINS on 12/16/2025. on 12/16/2025. Sold $1,001 - $15,000 in shares of Salesforce NYSE: CRM on 12/16/2025. on 12/16/2025. Sold $1,001 - $15,000 in shares of Warner Bros. Discovery NASDAQ: WBD on 12/8/2025. on 12/8/2025. Sold $1,001 - $15,000 in shares of AbbVie NYSE: ABBV on 12/8/2025. on 12/8/2025. Sold $1,001 - $15,000 in shares of Abbott Laboratories NYSE: ABT on 12/8/2025. on 12/8/2025. Sold $1,001 - $15,000 in shares of Mettler-Toledo International NYSE: MTD on 12/8/2025. on 12/8/2025. Purchased $1,001 - $15,000 in shares of Icon Energy NASDAQ: ICON on 12/8/2025. on 12/8/2025. Purchased $1,001 - $15,000 in shares of Devon Energy NYSE: DVN on 12/8/2025. on 12/8/2025. Purchased $1,001 - $15,000 in shares of AstraZeneca NASDAQ: AZN on 12/8/2025. Get Micron Technology alerts: Sign Up Micron Technology Stock Up 3.5% MU stock opened at $403.11 on Wednesday. The company has a 50 day moving average of $384.09 and a two-hundred day moving average of $267.51. The company has a market cap of $453.70 billion, a price-to-earnings ratio of 38.32 and a beta of 1.50. Micron Technology, Inc. has a 12-month low of $61.54 and a 12-month high of $455.50. The company has a quick ratio of 1.78, a current ratio of 2.46 and a debt-to-equity ratio of 0.19. Micron Technology (NASDAQ:MU - Get Free Report) last posted its quarterly earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.7...
Get AAPU alerts: Sign Up Direxion Daily AAPL Bull 2X Shares Price Performance Direxion Daily AAPL Bull 2X Shares ( NASDAQ:AAPU Get Free Report )'s stock price were up 0.6% during trading on Tuesday . The stock traded as high as $30.45 and last traded at $30.06. Approximately 1,628,519 shares were traded during trading, a decline of 36% from the average daily volume of 2,547,802 shares. The stock h...
Get AAPU alerts: Sign Up Direxion Daily AAPL Bull 2X Shares Price Performance Direxion Daily AAPL Bull 2X Shares ( NASDAQ:AAPU Get Free Report )'s stock price were up 0.6% during trading on Tuesday . The stock traded as high as $30.45 and last traded at $30.06. Approximately 1,628,519 shares were traded during trading, a decline of 36% from the average daily volume of 2,547,802 shares. The stock had previously closed at $29.88. The business's fifty day moving average price is $31.05 and its two-hundred day moving average price is $32.50. The stock has a market capitalization of $256.11 million, a PE ratio of 25.83 and a beta of 1.67. Direxion Daily AAPL Bull 2X Shares Increases Dividend The company also recently declared a quarterly dividend, which was paid on Wednesday, December 17th. Shareholders of record on Wednesday, December 10th were given a dividend of $2.1724 per share. The ex-dividend date of this dividend was Wednesday, December 10th. This represents a $8.69 dividend on an annualized basis and a yield of 28.9%. This is an increase from Direxion Daily AAPL Bull 2X Shares's previous quarterly dividend of $0.22. Institutional Inflows and Outflows A number of hedge funds have recently modified their holdings of the company. Raymond James Financial Inc. acquired a new stake in shares of Direxion Daily AAPL Bull 2X Shares during the second quarter worth about $50,000. Spire Wealth Management acquired a new position in Direxion Daily AAPL Bull 2X Shares in the 3rd quarter worth approximately $71,000. Safe Harbor Fiduciary LLC acquired a new position in Direxion Daily AAPL Bull 2X Shares in the 4th quarter worth approximately $141,000. Parallel Advisors LLC raised its position in Direxion Daily AAPL Bull 2X Shares by 107.3% during the 3rd quarter. Parallel Advisors LLC now owns 5,080 shares of the company's stock worth $164,000 after buying an additional 2,630 shares during the last quarter. Finally, Group One Trading LLC purchased a new position in Direxion Dail...
Oracle stock (ORCL) surged 7% to 9% in after-hours trading following its Q3 FY2026 earnings beat, driven by strong performance across its AI and cloud businesses. This release has eased recent rising investor concerns about heavy spending on AI data centers, weighing on profits before demand shows up in the numbers. Oracle Strengthens Position in the AI Ecosystem The software and cloud infrastruct...
Oracle stock (ORCL) surged 7% to 9% in after-hours trading following its Q3 FY2026 earnings beat, driven by strong performance across its AI and cloud businesses. This release has eased recent rising investor concerns about heavy spending on AI data centers, weighing on profits before demand shows up in the numbers. Oracle Strengthens Position in the AI Ecosystem The software and cloud infrastructure giant’s quarterly earnings have topped Wall Street expectations on nearly every key measure. Despite months of turbulence for the stock, the surge extended trading, offering a clear sign of the demand for AI infrastructure remaining as strong as ever. The results covered Oracle’s fiscal third quarter, which ended on February 28. The figures signaled accelerating momentum across the firm’s most vital growth areas. The earnings per share for the quarter were reported as $1.79, ahead of analyst expectations of $1.70. The total revenue the firm bagged was $17.19 billion, topping the $16.91 billion consensus estimate, and overall revenue grew 22% year over year. The net income rose to $3.72 billion from $2.94 billion in the same quarter a year earlier. Oracle’s cloud revenue arguably generated the most exciting figure. The company reported $8.9 billion in total cloud revenue, including both infrastructure and software as a service. Its cloud infrastructure revenue alone surged 84% to $4.9 billion, which accelerated a meaningful growth rate of 68% in the prior quarter. Additionally, the firm’s backlog surged to $553 billion, more than four times higher than a year ago. Oracle reported that most of its increase came from large AI infrastructure contracts, adding that the demand for AI computing still exceeds Oracle’s available capacity, which is why the firm is continuously contributing to expanding its data centre network. Oracle has become a major player in the artificial intelligence space because of its strategic investment in building data centres, which are powered by th...
Earnings Call Insights: Kohl's Corporation (KSS) Q4 2025 Management View CEO Michael Bender opened by emphasizing that "2025 was a year of substantial change and notable progress," with the company focusing on resetting its foundation and stabilizing operations, stating, "We're ending 2025 in a stronger position than we started though important work remains ahead of us." Bender acknowledged a decl...
Earnings Call Insights: Kohl's Corporation (KSS) Q4 2025 Management View CEO Michael Bender opened by emphasizing that "2025 was a year of substantial change and notable progress," with the company focusing on resetting its foundation and stabilizing operations, stating, "We're ending 2025 in a stronger position than we started though important work remains ahead of us." Bender acknowledged a decline in comparable sales of 2.8% in Q4, attributing part of the weakness to severe weather and operational issues in inventory allocation, particularly in smaller format stores, but highlighted, "We are pleased with our strong inventory discipline and expense management, helping to deliver diluted earnings per share of $1.07, well ahead of last year." The CEO detailed progress in proprietary brand performance, noting juniors apparel grew 8% and the Batiste category in women’s up 26%. He also pointed to strong performance in accessories, especially the Impulse initiative, which delivered "over a 40% comparable sales increase versus last year." Bender announced a continued focus on expanding proprietary brands, value-driven assortments, and newness in beauty, with the launch of M.A.C in Sephora at Kohl’s and upcoming additions like Tarte and Charlotte Tilbury. CFO Jill Timm stated, "Net sales declined 3.9% in the quarter and 4% for the year. Comparable sales declined 2.8% in Q4 and declined 3.1% for the year," identifying lower store transactions as a primary driver. She highlighted that digital sales grew low single digits in Q4 and that "gross margin in Q4 expanded by 25 basis points to 33.1% of sales." Timm also emphasized strong liquidity, reporting, "We ended the year with $674 million of cash and cash equivalents, an increase of $540 million from 2024. Inventory decreased approximately 7% compared to last year." Outlook The company expects 2026 net sales and comparable sales to be in the range of a 2% decrease to flat versus 2025. Operating margins are projected between ...
Earnings Call Insights: AeroVironment (AVAV) Q3 2026 Management View Chairman, President & CEO Wahid Nawabi stated that "this past quarter's results came in below expectations, primarily driven by revenue timing and adjustments made in our space business. Given industry-wide delays in government funding along with the shutdown, several orders we anticipated to receive in the third quarter have shi...
Earnings Call Insights: AeroVironment (AVAV) Q3 2026 Management View Chairman, President & CEO Wahid Nawabi stated that "this past quarter's results came in below expectations, primarily driven by revenue timing and adjustments made in our space business. Given industry-wide delays in government funding along with the shutdown, several orders we anticipated to receive in the third quarter have shifted to the right by a quarter or 2." Nawabi noted a strong order flow and funded backlog of $1.1 billion, positioning the firm for "record fourth quarter revenue and a solid start to our fiscal year 2027." Nawabi highlighted the termination of the SCAR contract by the U.S. Space Force, explaining, "we could not come to a mutually acceptable agreement with our customer to modify the existing contract and resume work. Therefore, the U.S. Space Force has concluded to terminate our existing contract for convenience, pay us for our allowable incurred cost with a fee and enable AV to recompete for the program with their revised requirements and our proposed solution." He emphasized the transition of several programs, including BADGER, LOCUST, and laser communications, toward commercial product offerings. Nawabi stressed AV's expansion of manufacturing—"we progressed the build-out of our new manufacturing facility in Salt Lake City, Utah, and we expect it to be operational about a year from now. This 140,000 square foot facility has the potential to produce more than $2 billion worth of Switchblades or other AV products annually." Executive VP & CFO Kevin McDonnell stated, "while the third quarter did not meet our expectations on several fronts, and we are lowering our expectations for the year slightly, we continue to be well positioned for continued high growth as many of our products move from the test and evaluation phase to full adoption by the U.S. military and its allies." McDonnell reported a $151 million noncash goodwill impairment related to the space business due to th...
Good morning. The International Energy Agency reportedly proposes a massive release of oil reserves. Tube commuters should brace for more disruptions later this month. And British wildlife is replacing Winston Churchill and Jane Austen on banknotes. Listen to the day’s top stories . The International Energy Agency proposed the largest ever release of oil reserves, according to the Wall Street Jour...
Good morning. The International Energy Agency reportedly proposes a massive release of oil reserves. Tube commuters should brace for more disruptions later this month. And British wildlife is replacing Winston Churchill and Jane Austen on banknotes. Listen to the day’s top stories . The International Energy Agency proposed the largest ever release of oil reserves, according to the Wall Street Journal, as governments seek to contain a spike in energy prices driven by the war in the Middle East. Countries are expected to make a decision today. Stocks extended their gains and oil held below $90 a barrel after the report boosted market confidence . European Central Bank President Christine Lagarde said the central bank will ensure the conflict in Iran doesn’t inflict the same inflation pain on the euro zone as Russia’s invasion of Ukraine did. Traders Grapple With Trump’s Mixed Iran Messages Watch the Video AI roundup: China moved to restrict state firms and government agencies from running OpenClaw AI apps on office computers, people familiar said. Oracle shares surged in extended trading after the company reported strong AI cloud sales. And Muddy Waters Capital’s Carson Block has moved from sanguine to skeptic on US equities, all because of AI. German automakers are feeling the heat in China, with Porsche’s sales slumping there as local consumers increasingly turn to a new breed of whisper-quiet, home-grown electric cars. Mercedes-Benz, meanwhile, unveiled a luxury electric van aimed at bolstering sales in the nation, where fast-moving local manufacturers are encroaching on its premium stronghold. London commuters will face disruption with more strikes on the city’s underground train network planned from later this month. Industrial action will take place across 12 days on the Tube in opposition to Transport for London’s plan to allow drivers to volunteer to work a four-day week, the RMT said. Check out our Markets Today live blog for all the latest news and analysis ...