Today: 3 July 2026

Khadija Saeed

Khadija Saeed is a financial markets reporter at TS2.tech, specializing in stocks, technology and emerging industries. She studied economics and finance at the London School of Economics and previously worked in market research before moving into financial journalism. Her coverage focuses on the companies, innovations and economic trends influencing global investors.

Merck stock slips after report says MRK stepped back from Revolution Medicines talks

Merck stock slips after report says MRK stepped back from Revolution Medicines talks

New York, Jan 26, 2026, 15:28 — Regular session Merck & Co shares slipped 0.6% to $107.57 in Monday afternoon trading after reports surfaced that the U.S. drugmaker ended talks to acquire cancer-drug developer Revolution Medicines. According to Reuters, which followed an initial report by the Wall Street Journal, negotiations stalled over price disagreements. The potential deal, valued between $28 billion and $32 billion, would have granted Merck access to Revolution’s late-stage drug daraxonrasib, carrying an FDA fast-track review voucher to speed up future approvals. Neither company has issued a comment.
26 January 2026
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Stock Market Today

  • Dell ISG lifts AI server outlook after record Q1 revenue jump
    July 3, 2026, 2:17 PM EDT. Dell Technologies' ISG unit booked $29 billion in revenue for fiscal Q1 2027, climbing 181% from last year as AI-optimized server sales soared 757%. The AI backlog now stands at $51.3 billion. Dell hiked its AI server sales target to $60 billion for the year and says it's adding partners like NVIDIA, Google Cloud, OpenAI, and others to build out its AI infrastructure lineup. Traditional servers and storage also rose, with Dell pointing to customers replacing aging hardware. Q2 revenue guidance came in at $44 billion to $45 billion, with full-year sales expected to reach $165 billion to $169 billion. Dell still competes with Super Micro Computer and Hewlett Packard Enterprise in AI infrastructure.
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