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Premier Products Group, Inc. (PMPG)

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At close: May 16 at 4:00:00 PM EDT

Moody's debt downgrade, Trump tax bill, Nvidia: 3 Things

Stock futures (ES=F, NQ=F, YM=F) are falling in Monday's pre-market trading while Treasury yields (^TYX, ^TNX, ^FVX) shoot higher in response to Moody's downgrading its credit rating on US debt. President Trump's tax bill received approval from a key House committee while still awaiting to secure a full House vote before moving onto the Senate. At the 2025 Computex conference in Taiwan, Nvidia (NVDA) unveiled its newest technology, from robotics to its NVLink Fusion program for semi-customizable AI CPUs. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.

Yahoo Finance Video 13 minutes ago

ES=F

YM=F

NVDA
Intel debuts AI GPUs for workstation system as it works to gain ground on Nvidia, AMD

Intel announced a pair of new AI chips as it seeks to gain ground on rivals AMD and Nvidia.

Yahoo Finance 2 hours ago

AMD

NVDA

GOOG
Biotechnology company Regeneron buying 23andMe for $256 million

Biotechnology company Regeneron Pharmaceuticals is buying 23andMe for $256 million, two months after the genetic testing company filed for Chapter 11 bankruptcy protection. In March 23andMe said that it was looking to sell “substantially all of its assets” through a court-approved reorganization plan. Its co-founder and CEO Anne Wojcicki also resigned from the top post, but remained as a board member.

Associated Press Finance 26 minutes ago

REGN
23andMe Finds A Big Biotech Buyer In $256 Million Bankruptcy Auction

Regeneron Pharmaceuticals said Monday it will acquire substantially all of DNA-testing outfit 23andMe for $256 million after coming out on top at a bankruptcy auction.

Investor's Business Daily 31 minutes ago

REGN
D-Wave Quantum (QBTS) Surges After Breakthrough, 507% Revenue Leap

QBTS Soars on Breakthrough, Blockchain Energy Slash

GuruFocus.com 32 minutes ago

QBTS

QBTS-WS
Regeneron to buy bankrupt DNA testing firm 23andMe for $256 million

Drugmaker Regeneron Pharmaceuticals will buy genetic testing firm 23andMe for $256 million through a bankruptcy auction, the companies said Monday.

CNN Business 1 hour ago

REGN
Nvidia Is Opening Its AI Server Platform to Chip Rivals. Broadcom Isn’t on the List.

Nvidia is opening up its server platform. It offers the option for future Nvidia racks with, say, Nvidia and Qualcomm chips inside.

Barrons.com 1 hour ago

NVDA

QCOM
Sanmina to Acquire ZT Systems’ Manufacturing Business from AMD

Sanmina agreed to acquire ZT Systems’ data center infrastructure manufacturing business from Advanced Micro Devices for up to $3 billion.

The Wall Street Journal 1 hour ago

AMD

SANM
Shipping Play Shakes Off Trump Tariffs With 226% EPS Growth Amid 'Heightened Uncertainty'

President Donald Trump's tariff policy made for an uncertain environment for cargo shipping in Q1.

Investor's Business Daily 1 hour ago

XPO

ODFL

ZIM
Regeneron to Buy 23andMe Out of Bankruptcy for $256 Million

Regeneron Pharmaceuticals said it will acquire substantially all assets of the once-sizzling DNA-testing startup.

The Wall Street Journal 1 hour ago

REGN

MEHCQ
AMD to sell ZT Systems' server-manufacturing business to Sanmina in $3 billion deal

AMD had announced a $4.9 billion buyout of ZT Systems last year and unveiled plans to break off its server manufacturing business and sell it once the transaction closes. Under the agreement announced on Monday, AMD will retain ZT's AI systems design businesses and will work with Sanmina as a U.S.-based manufacturing partner for its AI data center business. "We expect to strengthen our U.S.-based manufacturing capabilities for rack and cluster-scale AI systems and accelerate quality and time-to-market for our cloud customers," Forrest Norrod, executive vice president of AMD's data center solutions business unit, said in a statement.

Reuters 1 hour ago

SANM
Latest News In AI Chips - NVIDIA's AI Factory Revolutionizes Enterprise Infrastructure

NVIDIA has unveiled its RTX PRO™ Servers as part of a strategic effort to accelerate the transition of enterprise IT infrastructure to AI factories, a market with a trillion-dollar potential. These servers, built with the RTX PRO 6000 Blackwell Server Edition GPUs, aim to provide universal acceleration for a variety of AI, design, and business applications, supporting the shift from traditional CPU-based systems to more efficient GPU-accelerated infrastructures. Through a validated design...

Simply Wall St. 1 hour ago

AMD

QCOM

NVDA
Protagenic Therapeutics and Phytanix Announce Business Combination to form Neuroactive Biopharmaceutical Company with Six Drug Candidates in Development including Treatments for Obesity and Metabolic Disorders

NEW YORK, NY AND SANTA BARBARA, CA / ACCESS Newswire / May 19, 2025 / Protagenic Therapeutics, Inc. (Nasdaq:PTIX) (the "Company") and Phytanix Bio Inc. have entered into a definitive share exchange agreement pursuant to which the two entities will ...

ACCESS Newswire 1 hour ago

PTIX

PTIXW
SANMINA ANNOUNCES ACQUISITION OF DATA CENTER INFRASTRUCTURE MANUFACTURING BUSINESS OF ZT SYSTEMS FROM AMD

Sanmina Corporation ("Sanmina") (NASDAQ: SANM), a leading integrated manufacturing solutions company, today announced that it has entered into a definitive agreement to acquire the data center infrastructure manufacturing business of ZT Systems, a leading provider of Cloud and AI infrastructure to the world's largest hyperscalers, from AMD (NASDAQ: AMD). The strategic acquisition further establishes Sanmina's position as an industry-leading, vertically integrated global manufacturing solutions p

PR Newswire 1 hour ago

AMD

SANM
Intel's new CEO says the company has 55% of the data centre market

Intel's new CEO, Lip-Bu Tan, said on Monday that the company has a 55% share of the data centre market.

Reuters 2 hours ago

INTC
Novavax shares jump after long-awaited FDA approval of its COVID-19 vaccine

The U.S. Food and Drug Administration approved the vaccine, Nuvaxovid, but limited its use to older adults and people over 12 years with conditions that put them at risk due to the illness. The conditions on the label are medically unusual but consistent with the chatter to date, said BTIG analyst Thomas Shrader. Analysts at Leerink Partners echoed the view.

Reuters 2 hours ago

NVAX
Regeneron Enters into Asset Purchase Agreement to Acquire 23andMe® for $256 Million; Plans to Maintain Consumer Genetics Business and Advance Shared Goals of Improving Human Health and Wellness

Purchase is subject to bankruptcy court and regulatory approvals Regeneron will prioritize the privacy, security and ethical use of 23andMe’s customer data; stands ready to work with independent, court-appointed Customer Privacy Ombudsman Planned purchase to strengthen Regeneron’s ongoing leadership in genetics-guided research and drug development to help people with serious diseases TARRYTOWN, N.Y., May 19, 2025 (GLOBE NEWSWIRE) -- Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) today announced

GlobeNewswire 2 hours ago

REGN
Regeneron, A Leading U.S. Biotechnology Company, to Acquire 23andMe in Court-Supervised Sale

Regeneron Commits to Comply with Company’s Privacy Policy and All Applicable Law; No Changes to 23andMe’s Privacy Policy or Consumer Genome Services Transaction Subject to Court Approval SAN FRANCISCO, May 19, 2025 (GLOBE NEWSWIRE) -- 23andMe Holding Co. (“23andMe” or the “Company”) (OTC: MEHCQ), a leading human genetics and biotechnology company, today announced that it has entered into a definitive agreement for the sale of 23andMe to Regeneron Pharmaceuticals, Inc. (“Regeneron”) (NASDAQ: REGN

GlobeNewswire 2 hours ago

REGN

MEHCQ
Tesla Vs. BYD: TSLA Keeps Running While Rival Breaks Out To New High

Tesla has raced from an aggressive entry on robotaxi hopes while booming BYD stock breaks out to a new high.

Investor's Business Daily 2 hours ago

TSLA

BYDDY
Tesla charging station subsidies on Japan’s trade talk agenda

Japan subsidises only CHAdeMO-compliant EV chargers, with Tesla cars adaptable to CHAdeMO but not vice versa.

Just Auto 2 hours ago

TSLA

Performance Overview

Return	PMPG	S&P 500 (^GSPC)
YTD	--	+1.30%
1-Year	--	+12.48%
3-Year	-96.67%	+48.66%

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Related News

Moody's debt downgrade, Trump tax bill, Nvidia: 3 Things

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Biotechnology company Regeneron buying 23andMe for $256 million

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Regeneron to buy bankrupt DNA testing firm 23andMe for $256 million

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Regeneron to Buy 23andMe Out of Bankruptcy for $256 Million

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Protagenic Therapeutics and Phytanix Announce Business Combination to form Neuroactive Biopharmaceutical Company with Six Drug Candidates in Development including Treatments for Obesity and Metabolic Disorders

SANMINA ANNOUNCES ACQUISITION OF DATA CENTER INFRASTRUCTURE MANUFACTURING BUSINESS OF ZT SYSTEMS FROM AMD

Intel's new CEO says the company has 55% of the data centre market

Novavax shares jump after long-awaited FDA approval of its COVID-19 vaccine

Regeneron Enters into Asset Purchase Agreement to Acquire 23andMe® for $256 Million; Plans to Maintain Consumer Genetics Business and Advance Shared Goals of Improving Human Health and Wellness

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Tesla Vs. BYD: TSLA Keeps Running While Rival Breaks Out To New High

Tesla charging station subsidies on Japan’s trade talk agenda

Performance Overview