Today: 12 June 2026
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NASDAQ:PHIO 3 November 2025 - 11 February 2026

Phio Pharmaceuticals (PHIO) Stock Skyrockets on Breakthrough Skin Cancer Trial Results – In-Depth Analysis & 2025 Outlook

Phio Pharmaceuticals (PHIO) Stock Skyrockets on Breakthrough Skin Cancer Trial Results – In-Depth Analysis & 2025 Outlook

Phio Pharmaceuticals’ shares surged over 100% on November 3 after announcing positive Phase 1b results for its PH-762 skin cancer therapy, with one patient achieving full tumor clearance. No serious adverse effects were reported at any dose. The company, with a $12 million pre-rally market cap and no revenue, holds enough cash to fund operations into 2026 but will need more capital for larger trials. Analyst outlooks remain mixed.

Stock Market Today

  • Asian Shares Rise, Oil Prices Fall on Trump’s Iran War Talks Breakthrough
    June 12, 2026, 1:58 AM EDT. Asian shares surged amid optimism after former U.S. President Donald Trump claimed a breakthrough in Iran war talks. The development boosted market sentiment, driving regional equities higher. Meanwhile, oil prices slipped as the prospect of eased Middle East tensions reduced supply disruption fears. Investors responded to the potential de-escalation in a major geopolitical hotspot, reflecting increased risk appetite and hopes for energy market stability. The market movements underscore the sensitivity of stocks and commodities to geopolitical news, with investors monitoring any further updates on the talks that could influence global trade and energy sectors.

Latest articles

AI Names Drop, Oil Upends Inflation Bets, US Stocks Slip

Dow up 930 points after hours as tech lifts Nasdaq

12 June 2026
Dow soars 929.97 points for its strongest session in months as easing geopolitical risk and a rebound in tech drive ETFs higher after hours; chip stocks surge with the PHLX Semiconductor Index up 7.9%, while Adobe drops 5.44% after CFO exit despite raised forecasts.
Keel Infrastructure (KEEL) shares surge after $458 million AI data center deal closes

Keel Infrastructure (KEEL) shares surge after $458 million AI data center deal closes

12 June 2026
Keel Infrastructure Corp. surged 5.14% to $5.52 after closing $458 million in 1.250% convertible senior notes due 2032, with proceeds aimed at accelerating AI and high-performance computing data center projects; the notes’ initial conversion price is $7.41, about 25% above the June 4 close, while analysts’ 12-month price targets range from $3.00 to $8.00, averaging $5.52.
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