$25.100
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DYN News
DYN Events
Dyne Biopharma Receives FDA Acceptance for z-rostudirsen Application
"We continue to make significant progress as we execute on our goal of delivering functional improvement for people living with genetically driven neuromuscular diseases," said John Cox, president and chief executive officer of Dyne. "The FDA's acceptance of our BLA for z-rostudirsen marks an important milestone for individuals living with DMD amenable to exon 51 skipping and a defining step in Dyne's evolution toward becoming a commercial-stage company in the near future."
Dyne Therapeutics Receives FDA Clearance for DYNE-302 Clinical Trial
Dyne Therapeutics announced that it has received clearance from the FDA for its IND application to initiate a Phase 1 clinical trial for DYNE-302 in facioscapulohumeral muscular dystrophy. DYNE-302 leverages the same FORCE platform as Dyne's first two clinical programs, zeleciment rostudirsen in exon 51 Duchenne muscular dystrophy and zeleciment basivarsen in myotonic dystrophy type 1.
Major Averages Close Fractionally Lower as Traders Remain Cautious
The major averages closed fractionally lower as traders take a cautious approach ahead of key earnings reports due from Alphabet, Tesla and IBM after the closing bell. Alphabet's report in particular will provide another major test of whether companies' heavy investments in artificial intelligence continue to generate meaningful returns and investors will closely scrutinize Alphabet's AI monetization strategy and cloud growth.Meanwhile, oil prices jumped once again as escalating tensions in the Middle East raise concerns over potential supply disruptions.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:AT&Treportedand reiterated its FY26 outlookGE Vernovareportedand raised its FY26 revenue guidanceAMDannounced aas part of a partnership to deploy up to 2 GW of AMD Instinct GPUsRepligenBioLife Solutionsfor $31 per share, or $1.5BThe European CommissionParamount Skydance'sproposed takeover of Warner Bros. Discovery2. WALL STREET CALLS:CoreWeaveto Buy at Truist after 42% pullbackPegasystemsto Market Perform at CitizensCircle Internetwith a Market Perform at Raymond JamesStifelDigitalOceanon selloff, positive data pointsTrimbleto Market Perform at Raymond James3. AROUND THE WEB:Amazonhas cut jobs in parts of its artificial general intelligence organization as it continues investing heavily in AI, WSJ reportsMeta'sinternal AI incubator is developing an AI model router, similar to OpenRouter's, to cut costs by sending some AI tasks to lower-cost models, The Information saysThe University of Tennessee Research Foundation sued Anthropic in Delaware federal court, arguing the company infringed its patents related to neural networks, Reuters saysPlatinum Equity is close to acquiring a 50% stake in Nestle'sEuropean water business through a joint venture that would value the San Pellegrino and Perrier owner at nearly EUR 5B, FT reportsAmgenhas reached a $74M settlement of a lawsuit accusing the company of waiting too long to disclose that it might owe the U.S. Internal Revenue Service $10.7B for underreporting six years of taxes, Reuters says4. MOVERS:Super Microgained afterArrowheadincreased after announcing its Phase 3 SHASTA-3 and SHASTA-4 studiesAirJoulewas higher after announcing with Kubota Corporationanin Texas and Californi aAdtranwas lower after providingDyne Therapeuticsfell after announcing a5. EARNINGS/GUIDANCE:Rogers Communications, with CEO Tony Staffieri saying the results "reflect strong execution"Moody'sand narrowed its guidance for FY26Teledyneand provided guidance for Q3 and FY26RPM, with EPS and revenue beating consensusTravel + Leisure, with CEO Michael Brown calling it "another strong quarter"INDEXES:The Dow fell 6.06, or 0.012%, to 52,218.58, the Nasdaq lost 146.31, or 0.57%, to 25,690.90, and the S&P 500 declined 10.24, or 0.14%, to 7,498.96.
Major Averages Mixed as Oil Prices Surge Again
The major averages were mixed near noon as traders take a cautious approach ahead of key earnings reports due from Alphabet, Tesla and IBM after the closing bell. Alphabet's report in particular will provide another major test of whether companies' heavy investments in artificial intelligence continue to generate meaningful returns and investors will closely scrutinize Alphabet's AI monetization strategy and cloud growth.Meanwhile, oil prices were surging once again as escalating tensions in the Middle East raise concerns over potential supply disruptions. Reports that two Saudi oil tankers altered their routes in response to Houthi threats in the Red Sea have added to fears that higher energy prices could reignite inflation pressures and complicate the Federal Reserve's policy outlook.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:AT&Treportedand reiterated its FY26 outlookGE Vernovareportedand raised its FY26 revenue guidanceAMDannounced aas part of a partnership to deploy up to 2 GW of AMD Instinct GPUsRepligenBioLife Solutionsfor $31 per share, or $1.5BPhilip Morrisreportedand cut its FY26 earnings outlook2. WALL STREET CALLS:CoreWeaveto Buy at Truist after 42% pullbackPegasystemsto Market Perform at CitizensCircle Internetwith a Market Perform at Raymond JamesStifelDigitalOceanon selloff, positive data pointsTrimbleto Market Perform at Raymond James3. AROUND THE WEB:Meta'sinternal AI incubator is developing an AI model router, similar to OpenRouter's, to cut costs by sending some AI tasks to lower-cost models, The Information saysNews Corphas countersued Brave Software, alleging the company illegally scraped and sold Wall Street Journal and New York Post articles to AI companies, arguing the practice constitutes copyright infringement rather than fair use, Reuters reportsThe University of Tennessee Research Foundation sued Anthropic in Delaware federal court, arguing the company infringed its patents related to neural networks, Reuters saysPlatinum Equity is close to acquiring a 50% stake in Nestle'sEuropean water business through a joint venture that would value the San Pellegrino and Perrier owner at nearly EUR 5B, FT reportsAmgenhas reached a $74M settlement of a lawsuit accusing the company of waiting too long to disclose that it might owe the U.S. Internal Revenue Service $10.7B for underreporting six years of taxes, Reuters says4. MOVERS:Super Microgains afterArrowheadincreases after announcing its Phase 3 SHASTA-3 and SHASTA-4 studiesAirJoulehigher after announcing with Kubota Corporationanof its water-from-air technology in Texas and CaliforniaAdtranlower afterfor Q2 and Q3Dyne Therapeutics (DYN) falls after announcing a5. EARNINGS/GUIDANCE:Rogers Communications, with CEO Tony Staffieri saying the results "reflect strong execution"Moody'sand narrowed its guidance for FY26Teledyneand provided guidance for Q3 and FY26RPM, with EPS and revenue beating consensusTravel + Leisure, with CEO Michael Brown calling it "another strong quarter"INDEXES:Near midday, the Dow was up 0.33%, or 174.51, to 52,399.15, the Nasdaq was down 0.04%, or 10.89, to 25,826.32, and the S&P 500 was up 0.16%, or 11.77, to 7,520.97.
Morgan Stanley and Others Increase Offering Size to $375M
Morgan Stanley, Jefferies, Evercore ISI, LifeSci Capital and Raymond James are acting as joint book running managers for the offering. The deal size was increased to $375M from $300M and priced inside the $20.00-$21.50 target range.
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