

Alphabet Shares Plunge as AI Spending Outpaces Cash Generation
On October 28, 2026, Google parent Alphabet saw its shares plunge after the release of their third quarter earnings report. Investor concerns centered around rising artificial intelligence expenses and underwhelming advertising revenue. Alphabet’s mounting infrastructure costs have raised questions about the profitability of AI investments. Alphabet reported quarterly revenue of $127.6 billion, a 25% increase year over year but below Wall Street's expectation of $128.2 billi
Evan Wang
4 hours ago2 min read


Merck's Experimental Cancer Drug Extends Survival by Nearly Seven Months
Merck's (NYSE: MRK) new cancer treatment, sacituzumab tirumotecan (sac-TMT), showed improved survival in patients with advanced or recurrent endometrial cancer. This was unveiled on October 26 and could help Merck secure its place in a rapidly expanding market for targeted cancer therapies. The Phase 3 trial saw patients receiving sac-TMT achieve a median overall survival of 19 months, compared to just 12.1 months in those receiving traditional chemotherapy. This represented
Evan Wang
2 days ago2 min read


London Stock Exchange Bets $3.5 Billion on Financial Data Amid AI Disruption
London Stock Exchange Group (LSE: LSEG) is set to acquire a financial data provider called Octus in a $3.54 billion deal, representing the biggest acquisition by the group in seven years. The move follows fears that artificial intelligence will disrupt the financial information sector in favor of more innovative firms. On the news, the provider of financial data and analytics saw its shares jump by around 6%, thereby erasing its losses for the year. Octus, based in New York,
Evan Wang
Oct 222 min read


Moderna's Cancer Vaccine Faces a $3 Billion Test
Moderna is best known for its breakthrough COVID-19 vaccines back during the pandemic. However, the company now focuses on developing cancer treatments and is approaching a critical milestone. On October 24, 2026, Moderna and its partner Merck are set to present their phase 3 results for intismeran autogene, an advanced personalized mRNA vaccine for battling cancer. After positive trial results earlier in August, Moderna shares have already jumped 284%, meaning that this upco
Evan Wang
Oct 212 min read


Intel Rebounds as JPMorgan Signals Growing Confidence
Confidence in Intel seems to be rising again as shares climbed 2.4% on October 19, 2026. This is likely attributed to JPMorgan’s upgrade of the company from Underweight to Neutral. The rebound is especially significant as it follows a rather rough week for the semiconductor giant, where shares plummeted more than 14%, wiping out approximately $78.5 billion in market capitalization. Despite the recent sell-off, Intel’s small recovery signals increasing recognition of the compa
Evan Wang
Oct 202 min read


Disc Medicine Stock Surges 35% After Breakthrough Drug Trial Revives FDA Approval Hopes
On October 19, 2026, shares of biotechnology company Disc Medicine surged 35% following its announcement of a successful phase 3 trial for bitopertin, its experimental treatment for a rare genetic condition that causes extreme sensitivity to sunlight. The results mark a significant turnaround for the company, as it was met with an FDA rejection earlier in the year. The disorder being targeted is called erythropoietic protoporphyria (EPP), which leads patients to accumulate h
Evan Wang
Oct 192 min read
