Zevra Therapeutics jumped on renewed takeover chatter after a Betaville alert linked Collegium to a stalled bid. Strong MIPLYFFA growth, cash from voucher sale, & rare-disease pipeline fuel the buzz.

SiriusPoint sells ArmadaCare to Ambac for $250M, advancing its specialty focus. Ambac gains a growth foothold in health benefits, with the deal expected to add $220–$230M in pre-tax gains.

Harrow Inc. targets Melt Pharma buyout to expand sedation portfolio with MELT-300, a sublingual non-IV sedative, aiming for U.S. launch and global partnerships while diversifying beyond ophthalmics.

3D Systems is divesting Oqton MOS and 3DXpert to Hubb Global Holdings, aiming to sharpen focus on polymers while Hubb explores monetization and synergy with its software assets.

Reddit (RDDT) extended its decline for a second straight day on Wednesday, falling more than 10% after new data showed its content appearing far less often in responses from OpenAI’s ChatGPT.

US stocks struggled on Wednesday after Washington entered its first government shutdown in seven years, raising concerns over the economic fallout just as a closely watched jobs report delivered a negative surprise.

Semler Scientific to merge with Strive Asset Management in all-stock deal at a 210% premium. Shareholders get 21.05 Strive shares each as firms form a major Bitcoin treasury player with 10,900+ BTC.