AbbVie (ABBV) reportedly in talks to buy Revolution Medicines (RVMD), according to WSJ
AbbVie's potential acquisition of Revolution Medicines highlights the company's focus on expanding its oncology portfolio.
Q4 GDP data has been rescheduled for Feb 20th, October and November Personal Income and PCE to be released January 22nd
US Treasury is implementing Trump's no tax on American car loan interest, via Treasury Secretary Bessent on X
AbbVie (ABBV) reportedly in talks to buy Revolution Medicines (RVMD), according to WSJ
CRUDE WRAP: WTI (G6) SETTLES USD 1.14 LOWER AT 55.99/BBL; BRENT (H6) SETTLES USD 0.74 LOWER AT USD 59.96/BBL
Arm (ARM) launches Physical AI division to expand in robotics market
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
This move could be strategically sound if it enhances AbbVie’s competitive position in the biotech sector. Investors will want to assess the terms of the deal and any regulatory hurdles that may arise, as they could impact similar M&A activity in the industry.
Related headlines
- Daily US Equity Opening News: ORCL gains on earnings and FY guidance beat; ADBE weighed by slight Q4 revenue miss; SMR downgraded2 days ago
- Burry adds to his positions in Zoetis (ZTS) and Lululemon (LULU); sold entire position in Flutter (FLUT)1 day ago
- Newsquawk Weekly US Earnings Estimates: 14-18th September 2026: LEN the only earning all week1 day ago
- Corning (GLW) files for a USD 2bln common stock offering of up to USD 2.0bln1 day ago
- Google (GOOGL) just completed its USD 1.5bln-plus deal for AI startup Mechanize, reports Business Insider1 day ago
- Estee Lauder (EL) reportedly advances against Walmart (WMT) over knockoffs, according to Bloomberg Law1 day ago
- Paypal's (PYPL) new chief executive, Enrique Lores, is mapping out his plans for going it alone rather than selling the company for more than USD 50bln, reports WSJ2 days ago
- US EQUITY OPEN: US indices reverse initial CPI losses2 days ago
- Fox's Gasparino says "Paramount’s (PSKY) CEO has "tricks up his sleeve" to get his Warner (WBD) acquisition cleared in California"2 days ago
- Chevron (CVX) CEO says early buffers in the oil market have played out and that the price risk from the Iran war is now higher2 days ago
- Kroger (KR) executive says food inflation in Q2 was moderately higher than in Q12 days ago
- US PREMARKET MOVERS: ORCL, ADBE, ACVA, KR, RH, CELH, GME, NVO, SMR2 days ago
- US BROKER MOVES: IP upgraded at BofA; NVO downgraded at Morgan Stanley2 days ago
- Kroger (KR) Q2 2026 (USD): Adj. EPS 1.09 (exp. 1.06), revenue 34.6bln (exp. 34.6bln). Cuts SSS outlook 2 days ago
- EU officials have questioned cloud providers for more information ahead of a key deadline in their argument with Broadcom (AVGO) over the licensing overhaul for VMware, Bloomberg reports2 days ago
- TikTok has reportedly rejected advertisements from Meta (META) that call on the Co. and other tech platforms to join Meta in settling with US state AGs in a children's safety lawsuit, Axios reports2 days ago
- Situational Awareness builds relationships with new brokers as it attempts rebound, reports FT; is rebuilding large trading positions in stocks such as AMD (AMD), Intel (INTC), SK Hynix (SHY), Sandisk (SNDK) and Coreweave (CRWV)1 day ago
- FanDuel (FLTR) and other sports betting operators are market making on Kalshi, reports Barrons1 day ago
- Newsquawk US Market Wrap: Markets chop, and yields flatten after hot core CPI boosts Fed rate hike bets1 day ago
- TREASURY WRAP: T-NOTE FUTURES (Z6) SETTLE 8 TICKS LOWER AT 106-03+1 day ago
The whole workspace, free to try.
Try it free