Merck Eyes $32 Billion Revolution Medicines Deal in Biggest Biotech Bet Since Seagen
Merck is in talks to acquire cancer-focused biotech Revolution Medicines for up to $32 billion as it races to replace Keytruda revenue before the 2028 patent cliff.
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Merck is in talks to acquire cancer-focused biotech Revolution Medicines for up to $32 billion as it races to replace Keytruda revenue before the 2028 patent cliff.
The architect of Trump's 'Liberation Day' tariffs defends his policy as the Supreme Court prepares to rule on January 14 whether the president exceeded emergency powers in imposing sweeping duties.
As Taiwan Semiconductor prepares to report January 15 earnings, Goldman Sachs has raised its price target by 35%, citing a 'multi-year AI growth engine' and $150 billion in planned capital spending.
President Trump confirms he has chosen Jerome Powell's replacement as Federal Reserve Chair, with Kevin Hassett and Kevin Warsh emerging as the top contenders for the January announcement.
China Vanke, once the country's largest homebuilder, narrowly avoided a $284 million default last week. The close call exposes the ongoing fragility of China's property sector.
Oil services giant SLB has surged 14% to start 2026 as investors recognize energy companies' role in powering AI data centers. Here's why the rally may continue.
Spot Bitcoin ETFs have shed $1.1 billion in three trading days, nearly erasing 2026 gains as the Crypto Fear and Greed Index slides toward the fear zone.
Treasury Secretary Scott Bessent urges the Federal Reserve to continue cutting interest rates, calling lower borrowing costs the key to unleashing stronger growth.
Goldman Sachs predicts the US economy will grow 2.6% in 2026, outpacing consensus by 0.6 percentage points. Tax cuts, Fed rate reductions, and reduced tariff drag are driving optimism.
BlackRock's Jay Jacobs argues that retail investor access to Bitcoin through ETFs is just beginning. With $287 million in single-day inflows, the crypto giant sees 2026 as pivotal.
Tesla delivered 1.63 million vehicles in 2025, marking an 8.5% annual decline. With EV sales stalling, the company's robotaxi and Optimus bets become increasingly critical.
Moderna stock surges 19% in the first week of 2026 after filing for regulatory approval of its mRNA-based flu vaccine. Here's what investors need to know about the company's pivot.