Warner Bros. Discovery Inc. plans to split into two companies by 2026, with one focusing on streaming and studios and the other on TV networks. Stock gained 9% but gave up gains. Split follows previous restructuring and strong streaming momentum.
Citius Pharmaceuticals, Inc. (NASDAQ:CTXR) shares are trading higher Monday after the company announced it entered into a distribution services agreement with Cardinal Health.
Metsera's MET-233i shows sustained weight loss, long duration of action, and mild side effects in a Phase 1 trial, advancing its obesity treatment plans.
Nebius Group N.V. (NASDAQ:NBIS) shares are rising Monday. The stock may be getting a boost after the company announced the expansion of its global AI infrastructure footprint with a U.K. deployment.
QUALCOMM Inc (NASDAQ:QCOM) shares are trading higher Monday after the company announced it reached an agreement to acquire Alphawave Semi for $2.4 billion.