Angelini closed its $4.1 billion deal for Catalyst Pharmaceuticals (NASDAQ:CPRX), valuing the company at about 9 times estimated 2026 EBITDA. NEW YORK, July 15, 2026, 10:06 EDT Catalyst wrapped up the merger before the market opened on Wednesday. Investors in Catalyst will get $31.50 per share in cash. (NASDAQ Trader) Management at Catalyst estimated net cash of $861 million as of June 30, which amounts to 21% of the stated equity price. (SEC) That estimate puts the implied operating value at around $3.24 billion, or about 9.0 times expected 2026 adjusted EBITDA. Angelini Pharma wrapped up its $4.1 billion takeover of
https://ts2.tech/en/angelini-wraps-4-1-billion-buyout-of-catalyst-pharmaceuticals-nasdaqcprx-at-9x-projected-2026-ebitda/

Nokia is moving to offer AI-RAN subscriptions in its biggest business, but revenue from the plan is only due in 2027. Nokia shares climbed 2.6% after the company launched an AI-native radio platform with NVIDIA Corp (NASDAQ:NVDA). The new system offers a subscription model for software-based capacity upgrades. (Nokia Corporation | Nokia) Mobile Infrastructure pulled in €2.495 billion in Q1 sales, which is 36% ahead of Network Infrastructure. But Nokia said commercial launch for the new AI-RAN products is pushed to 2027. (Nokia Corporation | Nokia) Nokia Oyj on Wednesday said it launched what it’s calling the first commercial AI-native radio
https://ts2.tech/en/nokia-helnokia-pushes-ai-ran-subscriptions-at-main-unit-revenue-set-for-2027/

Opendoor Technologies Inc. (NASDAQ:OPEN) said it needs to add either one margin point or $9 million to reach breakeven for the second quarter. Opendoor Technologies Inc. (NASDAQ:OPEN) must add one percentage point to its Q2 contribution margin or find about $9 million more below that level to meet its adjusted EBITDA breakeven target, according to analysis of company data. The company said Tuesday it will release earnings after the bell on Aug. 4. (Opendoor Technologies Inc.) The math is catching up to the stock after a sharp run. Opendoor ended Tuesday at $4.55, about 72% above the $2.65 price target KBW’s
https://ts2.tech/en/opendoor-nasdaqopen-about-9-million-away-from-q2-breakeven-margin/

NEW YORK, July 15, 2026, 07:08 (EDT) SK hynix Inc. (NASDAQ:SKHY; KRX:000660) ADSs traded at a 29.6% premium to Seoul shares ahead of the U.S. open on Wednesday. That’s down from a 51.2% premium implied by Tuesday’s close. The time-adjusted spread hit $41.32 per ADS, but the gap shrank by over 40% overnight. (google.com) Korea did most of the pulling back, while New York held up. SK hynix jumped 8.8% in Seoul, closing at 2.082 million won after the U.S. shares spiked 27.3% to $193.92 on Tuesday. But by 7:08 a.m. EDT, SK hynix ADSs were set to open down 6.7%
https://ts2.tech/en/sk-hynix-u-s-ads-premium-narrows-to-30-as-seoul-shares-close-gap/

NEW YORK, July 15, 2026, 06:09 EDT Tuesday’s 108.47 million-share turnover lifts Wednesday’s contractual market-sale ceiling to about 10.85 million shares. (Ondas Inc.) On a conservative count from the first full session after registration, cumulative seller quota reached about 45.32 million shares by Tuesday. No filing confirms actual sales. (Ondas Inc.) Ondas Inc. (NASDAQ:ONDS) had generated enough market-sale capacity by Tuesday for each DZYNE seller group to have disposed of its full share of the 39,999,998-share immediate consideration block, calculations based on the acquisition contracts and reported trading volume show. The public record does not show whether the sellers used any
https://ts2.tech/en/ondas-nasdaqonds-volume-surge-gives-dzyne-sellers-capacity-to-clear-40-million-share-block/

NEW YORK, July 14, 2026, 19:08 (EDT) Space Exploration Technologies Corp. (NASDAQ:SPCX) dropped 2.2% to $136.08 late Tuesday, wiping out around $39.5 billion in equity value based on its reported base-offering share count. MDA Space Ltd. (NYSE:MDA), Rocket Lab USA Inc. (NASDAQ:RKLB) and AST SpaceMobile Inc. (NASDAQ:ASTS) all posted price gains, together adding about $2.0 billion on a similar price-move calculation. SpaceX’s equity drop finished at 19.6 times those combined gains. (SEC) The size gap is key here. SpaceX dropped 2.2%, which was enough to outweigh a 4.1% average gain for the other three, smaller stocks. Investors watching percentages could miss
https://ts2.tech/en/spacex-drops-39-billion-leaving-gains-at-mda-rocket-lab-ast-spacemobile-in-the-dust/

NEW YORK, July 14, 2026, 17:05 EDT Plug Power Inc. (NASDAQ:PLUG) ended the day at $2.27, gaining 5%. Shares had dropped 17.8% across the last five sessions. (Investing.com) Plug said the more than $80 million in expected near-term liquidity would be about half its unrestricted cash as of June 30. Around 80% of the immediate benefit identified links to a Texas deal, but that’s still pending a buyer inspection period that runs through July 25. Plug Power stock bounced Tuesday after investors took a fresh look at two asset sales that could bring in over $80 million soon. Most of that—around
https://ts2.tech/en/plug-power-stock-bounces-as-80m-cash-bridge-heads-into-july-closing-test/

NEW YORK, July 14, 2026, 15:10 (EDT) AtaiBeckley Inc. (NASDAQ:ATAI) shares climbed 15.6% to about $5.75 in Tuesday afternoon trading as investors weighed final U.S. Food and Drug Administration guidance for psychedelic-drug trials. The document expects two monitors to remain with a patient throughout a treatment session, making BPL-003’s roughly two-hour clinic model more relevant to operating costs. Duration is now a cost variable. (U.S. Food and Drug Administration) The gain was much larger than those of the closest listed developers. Compass Pathways plc (NASDAQ:CMPS) rose 1.9%, Definium Therapeutics Inc. (NASDAQ:DFTX) added 5.2%, and the SPDR S&P Biotech ETF (NYSEARCA:XBI) was
https://ts2.tech/en/ataibeckley-inc-nasdaqatai-stock-jumps-as-fda-staffing-guidance-spotlights-bpl-003s-two-hour-edge/

NEW YORK, July 14, 2026, 07:05 (EDT) NIO Inc. (NYSE:NIO) traded up around 3.7% to $5.11 in premarket action Tuesday. Shares closed up 3.1% Monday. (Investing.com) Goldman Sachs Group Inc. (NYSE:GS) lifted NIO to Buy, setting a $7 price target and projecting 43% vehicle volume growth in 2026. (Investing.com) To hit that forecast, NIO would need to deliver around 45,850 vehicles per month in the second half. That’s 12.9% more than June, company data shows. (NIO Inc.) NIO Inc. (NYSE:NIO) climbed 3.7% to $5.11 in premarket trading Tuesday, building on Monday’s 3.1% rise after Goldman Sachs Group Inc. (NYSE:GS) upgraded the
https://ts2.tech/en/nio-stock-stretches-goldman-gain-as-2026-targets-get-tougher/

London, July 14, 2026, 11:00 BST Lloyds Banking Group (LON:LLOY) has spent about 71% of its up-to-£1.75 billion 2026 buyback, but the share rally means a fully spent programme would buy about 1.72 billion shares at Tuesday’s price — roughly 22% fewer than last year despite a 3% larger budget. Each pound now buys less of the bank. (SEC) A buyback — when a company buys and cancels its own shares — can raise earnings per share if profit holds. But at higher prices, the same cash removes fewer shares. The trade-off is sharper now. Delayed market data put Lloyds at
https://ts2.tech/en/lloyds-share-price-rally-cuts-the-reach-of-1-75-billion-buyback/

NEW YORK, July 15, 2026, 17:09 EDT Pfizer Inc. (NYSE:PFE) shares rose 2.35% to $24.82 on Wednesday after Sanofi SA (NASDAQ:SNY) brought a new patent case over the Comirnaty COVID-19 vaccine. The gain suggests investors viewed the complaint as a possible charge against past vaccine earnings, rather than an immediate block on sales. (MarketWatch) The historical base is far larger than today’s franchise. Pfizer reported about $95.8 billion in Comirnaty revenue from 2021 through the first quarter of 2026. At Wednesday’s market value of $142.2 billion, an amount equal to 1% of that revenue pool would be roughly $958 million, or
https://ts2.tech/en/pfizer-nysepfe-faces-new-patent-claim-after-96-billion-in-covid-vaccine-revenue/

NEW YORK, July 15, 2026, 17:04 EDT AST SpaceMobile has put forward a $1 billion offering of convertible senior notes maturing in 2034, and could add another $150 million. The coupon and conversion rate are still to be determined. Preliminary cash and restricted cash was $2.723 billion at June 30, down from $3.459 billion at March 31. That’s a drop of around $736 million, or 21%. The stock finished the session down 3.7% at $66.31, before dropping a further 13.5% to $57.35 in after-hours trade. (MarketScreener) AST SpaceMobile Inc. (NASDAQ:ASTS) is aiming to raise $1 billion in convertible debt as its
https://ts2.tech/en/ast-spacemobile-nasdaqasts-looks-to-raise-1-billion-with-convertible-cash-down-21/

FRANKLIN, Tennessee, July 15, 2026, 15:10 CDT Closures by Superior Star and ARC Burger total 107, matching Hardee’s two-year net decline in franchised restaurants. (Fast Company) Franchised outlets made up 86.7% of the chain at fiscal 2026 year-end and 94.7% of its net unit decline over two years. (Fast Company) A court filing on Tuesday showed Hardee’s operator Superior Star closed 30 restaurants in 2025, lifting known closures by it and ARC Burger to 107. That total exactly matches Hardee’s net two-year decline in franchised outlets, exposing how a few large operators can move the chain’s system-wide count. (Fast Company) Superior
https://ts2.tech/en/hardees-store-closures-reveal-a-107-unit-concentration-risk-in-its-franchise-model/

NEW YORK, July 15, 2026, 16:07 (EDT) The Dow finished at 52,685.92, picking up 177.65 points. The S&P 500 added 0.36%, with the Nasdaq Composite up 0.60%. (Reuters) Apple (NASDAQ:AAPL), Alphabet Class A (NASDAQ:GOOGL), Microsoft (NASDAQ:MSFT), and Amazon.com (NASDAQ:AMZN) together put about 250.8 points on the Dow. The other 26 names took away roughly 73.1 points. (Google) U.S. producer prices dropped 0.3% in June and rate futures trimmed the implied odds of a quarter-point hike in July to 10.2%, down from 31.0% last week. (Bureau of Labor Statistics) Dow Jones climbed 177.65 points Wednesday. But almost all of that came from
https://ts2.tech/en/dow-jones-finishes-up-178-four-big-names-contributed-most-of-the-gain/

NEW YORK, July 15, 2026, 15:08 EDT Iovance Biotherapeutics (NASDAQ:IOVA) shares surged 18.2% to $4.645 by 3:01 p.m. EDT on Wednesday, adding about $319 million to the cancer-cell therapy maker’s equity value on a 446.5 million-share base. That almost exactly matches the cash position Iovance reported at March 31. (MarketWatch) The scale of the move matters because no new company press release or SEC filing accompanied it as of 3:08 p.m. Iovance’s latest release was a June 19 staff inducement-grant notice, while its most recent filing, submitted July 2, attached an updated corporate presentation. The advance therefore repriced existing information rather
https://ts2.tech/en/iovance-biotherapeutics-nasdaqiova-jumps-18-adding-a-cash-balance-to-its-market-value/

NEW YORK, July 15, 2026, 2:06 p.m. EDT Alphabet was up about $142 billion in market value by early afternoon, about 22 times what the two best-known EU fines together are worth. Germany’s media regulator said Google’s AI search summaries count as Google’s own content. Search and related brought in 55% of Alphabet’s Q1 revenue, so the impact from any product restrictions outweighs the effect of one-off fines. Europe is pushing to classify Google’s AI search overviews as Alphabet’s own content, a move that could hit a bigger slice of business for Alphabet Inc. (NASDAQ:GOOGL) than the $1.7 billion antitrust fine
https://ts2.tech/en/alphabets-europe-threat-moves-from-fines-to-its-60b-search-business/

NEW YORK, July 15, 2026, 14:06 EDT Plug Power Inc. (NASDAQ:PLUG) shares fell 3.5% on Wednesday as investors looked past an $80 million liquidity headline and focused on how much will become spendable cash. The stock traded at $2.19 at 1:50 p.m. EDT after gaining 4.6% on Tuesday. (MarketWatch) The hydrogen equipment maker said preliminary, unaudited unrestricted cash and equivalents were about $162 million on June 30, down $61.2 million, or 27%, from $223.2 million at March 31. If all the announced near-term pieces close, the balance would rise above $242 million, only about 8% above the March level. That expected
https://ts2.tech/en/plug-power-nasdaqplug-data-center-deals-could-lift-cash-50-but-terms-temper-the-boost/

BEIJING, July 15, 2026, 23:07 CST. Alibaba Group Holding Limited (NYSE:BABA; HKG:9988) jumped 6.2% in late-morning New York trade after China approved Apple Intelligence for local use and Alibaba said Qwen would get integrated across Apple’s main operating systems in China. Alibaba’s American depositary receipts climbed $6.95, adding about $16.7 billion in equity value, based on its 2.40 billion shares outstanding. The companies didn’t give any launch date or commercial terms. (Reuters) The jump during the day is close to 73% of Alibaba’s projected fiscal 2026 cloud revenue and more than eight times its annual adjusted EBITA from the cloud, which
https://ts2.tech/en/alibaba-gains-about-17b-after-apple-ai-clearance-revenue-still-to-come/

Angelini closed its $4.1 billion deal for Catalyst Pharmaceuticals (NASDAQ:CPRX), valuing the company at about 9 times estimated 2026 EBITDA. NEW YORK, July 15, 2026, 10:06 EDT Catalyst wrapped up the merger before the market opened on Wednesday. Investors in Catalyst will get $31.50 per share in cash. (NASDAQ Trader) Management at Catalyst estimated net cash of $861 million as of June 30, which amounts to 21% of the stated equity price. (SEC) That estimate puts the implied operating value at around $3.24 billion, or about 9.0 times expected 2026 adjusted EBITDA. Angelini Pharma wrapped up its $4.1 billion takeover of
https://ts2.tech/en/angelini-wraps-4-1-billion-buyout-of-catalyst-pharmaceuticals-nasdaqcprx-at-9x-projected-2026-ebitda/

Nokia is moving to offer AI-RAN subscriptions in its biggest business, but revenue from the plan is only due in 2027. Nokia shares climbed 2.6% after the company launched an AI-native radio platform with NVIDIA Corp (NASDAQ:NVDA). The new system offers a subscription model for software-based capacity upgrades. (Nokia Corporation | Nokia) Mobile Infrastructure pulled in €2.495 billion in Q1 sales, which is 36% ahead of Network Infrastructure. But Nokia said commercial launch for the new AI-RAN products is pushed to 2027. (Nokia Corporation | Nokia) Nokia Oyj on Wednesday said it launched what it’s calling the first commercial AI-native radio
https://ts2.tech/en/nokia-helnokia-pushes-ai-ran-subscriptions-at-main-unit-revenue-set-for-2027/

NEW YORK, July 14, 2026, 19:08 (EDT) Space Exploration Technologies Corp. (NASDAQ:SPCX) dropped 2.2% to $136.08 late Tuesday, wiping out around $39.5 billion in equity value based on its reported base-offering share count. MDA Space Ltd. (NYSE:MDA), Rocket Lab USA Inc. (NASDAQ:RKLB) and AST SpaceMobile Inc. (NASDAQ:ASTS) all posted price gains, together adding about $2.0 billion on a similar price-move calculation. SpaceX’s equity drop finished at 19.6 times those combined gains. (SEC) The size gap is key here. SpaceX dropped 2.2%, which was enough to outweigh a 4.1% average gain for the other three, smaller stocks. Investors watching percentages could miss
https://ts2.tech/en/spacex-drops-39-billion-leaving-gains-at-mda-rocket-lab-ast-spacemobile-in-the-dust/