Enphase Energy Inc ( ENPH ) shares are trading higher by 3.75% to $122.97 Wednesday afternoon after the Federal Reserve cut interest rates by 50 basis points. Why This Matters: Enphase Energy ( ENPH ) is a leading provider of solar energy solutions, particularly microinverters and energy management systems. Solar installations often require significant upfront capital investment, much of which...

Sept 18 (Reuters) - BioAge Labs said on Wednesday it was aiming to raise as much as $142.5 million in its initial public offering in the United States. ...

Tesla Inc. ( TSLA ) shares are trading higher Wednesday likely due to the broader market reaction to the Federal Reserve’s recent policy decision to cut interest rates by 50 basis points, marking the first rate cut in over four years. Federal Reserve Update The cutting of the federal funds rate to a range of 4.75%–5% has resonated across multiple...

Organon & Co ( OGN ) has agreed to acquire Roivant Sciences Ltd’s Dermavant Sciences Ltd, which is focused on developing and commercializing therapeutics in immunodermatology. Dermavant’s novel product, Vtama (tapinarof) cream, 1%, for the topical treatment of mild, moderate, and severe plaque psoriasis in adults, was approved by the FDA in May 2022. Vtama cream is a once-daily, steroid-free, topical...