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May 4  - Biopharmaceutical company Odyssey Therapeutics said on Monday it is targeting a valuation of up to $809.9 million in its initial public offering in the United States, as investors warm up to drug developers. The Boston-based company is seeking to raise up to $238.3 million by offering 13.2 million shares priced between $16 and $18 apiece. The U.S. IPO market has made a strong comeback in recent weeks, setting the stage for a pickup in listings in coming months.Last month, weight-loss drug developer Kailera Therapeutics KLRA.O, Alamar Biosciences ALMR.O and nuclear reactor maker X-Energy XE.O made stellar market debuts.April marked the biggest month for new filings in more than four years, according to Renaissance Capital, a provider of IPO-focused research and ETFs. This despite a volatile first quarter amid a sell-off in tech stocks, private credit strains and the Middle East 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Buzz: Wallstreetbets Stocks Mostly Lower Premarket Monday; Palantir Technologies to Advance, SoundHound AI to Decline","url":"https://stock-news.laohu8.com/highlight/detail?id=2632932997","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2632932997?lang=en_us&edition=fundamental","pubTime":"2026-05-04 18:34","pubTimestamp":1777890894,"startTime":"0","endTime":"0","summary":"The most talked-about stocks in the Reddit subforum Wallstreetbets were mostly lower hours before Monday's opening bell.Palantir Technologies  was up 1.2% premarket, following a 3.6% rise from Friday's session.Micron Technology  advanced by 0.8% pre-bell, after a 4.8% increase from the previous session.SoundHound AI  declined by 2.6% hours before market open, swinging from a 20.1% rise at Friday's close.Advanced Micro Devices  was 1.8% lower in pre-bell activity, reversing a 1.7% increase from Friday's session.Intel  fell by 1.7% premarket, swinging from a 5.4% 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Stock Is Pushing Toward $200. What Could Get It There","url":"https://stock-news.laohu8.com/highlight/detail?id=2632394329","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2632394329?lang=en_us&edition=fundamental","pubTime":"2026-05-04 17:35","pubTimestamp":1777887322,"startTime":"0","endTime":"0","summary":"Nvidia stock is still battling to hold above the closely watched $200 level.While the chip maker's shares traded above $200 at points on Friday, they ultimately slipped 0.5% to close at $198.45. The stock was edging up in Monday's premarket, rising 0.6% to $199.65.Nvidia stock has only consistently held the $200 price level in two periods: late October through early November 2025, and the period from mid-to-late April. The stock fell below $200 last Thursday and failed to close above that level in Friday trading, potentially raising concerns of another long stretch before $200 is consistently held yet again.However, a number of other companies in the semiconductor industry or wider artificial intelligence space are set to report quarterly results in the coming days before Nvidia'ss own earnings May 20.Results from GlobalFoundries, Arista Networks, and Super Micro Computer -- all due to report on Tuesday -- could swing sentiment in favor of Nvidia if there is a coherent, positive 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California wealth tax has a loophole-here's how much billionaires could save","url":"https://stock-news.laohu8.com/highlight/detail?id=2632593133","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2632593133?lang=en_us&edition=fundamental","pubTime":"2026-05-04 17:05","pubTimestamp":1777885500,"startTime":"0","endTime":"0","summary":"The wealth tax would apply a 5% tax to all global assets to anyone with a net worth of $1.1 billion or more residing in California.Meta CEO Mark Zuckerberg arrives at court in Los Angeles in February.California's billionaire tax has sparked an exodus of some of the state's wealthiest residents, who have relocated their personal and professional assets in a bid to avoid the one-time levy on their fortunes. But for those who remain, there is one loophole in the proposed legislation that could help them to save millions if the tax is brought into effect.According to the California Billionaire Tax Act, anyone with a net worth of $1.1 billion or more who was residing in the Golden State as of Jan. 1, 2026, will be subject to a 5% tax on the total of all their global assets.In the years since buying that first home, which still serves as the heart of his enormous compound, Zuckerberg has 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A pure-play AI IPO of this scale will likely serve as a test of investor demand for the broader ecosystem, as markets gauge appetite for companies tied directly to the buildout of AI infrastructure.\"Cerebras is an important signal deal for the IPO market as a test of whether public investors are ready to fund high-growth AI infrastructure companies after a softer start to the year,\" Muehlbauer said. 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hires former TSMC executive to boost AI chip packaging","url":"https://stock-news.laohu8.com/highlight/detail?id=2632824959","media":"Reuters","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2632824959?lang=en_us&edition=fundamental","pubTime":"2026-05-04 10:57","pubTimestamp":1777863458,"startTime":"0","endTime":"0","summary":"TAIPEI, May 4  - Taiwanese chip designer MediaTek 2454.TW said it has appointed former TSMC 2330.TW executive Douglas Yu as a part-time adviser as it steps up advanced packaging work and expands into the AI chip market.Here are a few details: Yu joined TSMC in 1994 and retired in 2025, holding a range of roles in backend research and development. He played a key part in developing TSMC's advanced packaging technologies, including its CoWoS .CoWoS is a key chip packaging technology widely used in artificial intelligence chips, including Nvidia NVDA.O chips.\"We look forward to leveraging his extensive industry experience and technical expertise to support the company's exploration and roadmap planning for future advanced packaging technologies, as well as to guide our R&D and investment strategy in advanced packaging-related products and technologies associated with TSMC,\" MediaTek said in a statement on Saturday.TSMC's CoWoS capacity has been in high demand, with customers such as 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Cramer Says AI Spending Is No Bubble As Alphabet, Amazon, Apple Surge, While Microsoft And Meta Face Pressure","url":"https://stock-news.laohu8.com/highlight/detail?id=2632982181","media":"Benzinga","labels":["express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2632982181?lang=en_us&edition=fundamental","pubTime":"2026-05-04 10:47","pubTimestamp":1777862875,"startTime":"0","endTime":"0","summary":"Jim Cramer says aggressive AI spending is rewarding Big Tech winners like Alphabet, Amazon and Apple while pressuring Microsoft and 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You in 2028,’ Says Investor About Nvidia Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2632982206","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2632982206?lang=en_us&edition=fundamental","pubTime":"2026-05-04 10:28","pubTimestamp":1777861722,"startTime":"0","endTime":"0","summary":"Nvidia (NASDAQ:NVDA) moved lower last week as investors digested earnings reports from the hyperscalers. 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Moves Beyond Nvidia (NVDA) as Rising AI Costs Force Strategy Shift","url":"https://stock-news.laohu8.com/highlight/detail?id=2632607641","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2632607641?lang=en_us&edition=fundamental","pubTime":"2026-05-03 20:28","pubTimestamp":1777811303,"startTime":"0","endTime":"0","summary":"Anthropic is in early talks to buy AI inference chips from U.K. startup Fractile, according to a report by The Information. 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Quest to Use AI to Help Find New Drugs -- WSJ","url":"https://stock-news.laohu8.com/highlight/detail?id=2632087676","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2632087676?lang=en_us&edition=fundamental","pubTime":"2026-05-02 23:45","pubTimestamp":1777736700,"startTime":"0","endTime":"0","summary":"Eli Lilly Chief Executive Dave Ricks was on stage with Nvidia founder Jensen Huang earlier this year in San Francisco touting the company's tech prowess when Huang teased him about the painstaking process of developing new drugs.\"I'm really hoping that your industry moves from drug discovery which is kind of like wandering around the forest looking for truffles,\" Huang said, in front of a crowd of biotech and pharma investors.Indeed, Ricks and the rest of the pharmaceutical industry are looking to expand beyond collecting soil samples and bark pieces to find new drugs and are instead turning their hopes -- and investment dollars -- to AI. Lilly first announced a partnership with chip-maker Nvidia in October to build what it called the industry's most powerful supercomputer, and expanded that in January with a $1 billion, five-year collaboration mixing their scientists and engineers in a new Bay Area lab aimed at discovering new medicines with AI tools.AI tools also helped speed up the 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