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Starboard reportedly takes $1 billion stake in Pfizer, seeks changes

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Activist investor Starboard Value has taken a $1 billion stake in beleaguered drugmaker Pfizer Inc. and is seeking a turnaround, the Wall Street Journal reported late Sunday.

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Phunware stock climbs 18% after mobile-advertising company touts generative AI

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Shares of Phunware Inc. rose 17.6% on Wednesday after the mobile-advertising software company gave a business update and announced the development of a new generative-AI platform.

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ETFs that buy Chinese stocks struggle lately amid ‘lost faith’ in China stimulus

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Chinese stocks are under pressure lately, with declines this month eroding gains from the massive rally sparked by China’s stimulus announcement in September.

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Space stocks climb again as ‘momentum sector’ drives gains

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Space stocks were climbing again Wednesday as the sector resumed its recent rally against a backdrop of several high-profile launches. 

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