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NASDAQ:TERN.O 14 January 2026

Terns Pharmaceuticals stock jumps 10% as JPM conference puts TERN-701 back on the map

Terns Pharmaceuticals stock jumps 10% as JPM conference puts TERN-701 back on the map

Terns Pharmaceuticals shares rose 10.4% to $38.03 by midday Wednesday after the company announced 2026 targets for its chronic myeloid leukemia drug at the JPMorgan Healthcare Conference. The company plans a pivotal dose selection and an FDA meeting by mid-2026, following early trial data showing a 75% major molecular response at 24 weeks. Investors are watching for longer-term results and regulatory milestones.
14 January 2026
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Stock Market Today

  • Apollo Caps Withdrawals at 5% Amid 17% Redemption Surge in Private Credit Fund
    June 23, 2026, 4:51 AM EDT. Apollo Global Management is limiting withdrawals from its $26 billion Apollo Debt Solutions private credit fund to 5% after investor redemption requests jumped to nearly 17%, or $2.4 billion, in Q2 2026. The fund, which offers retail investors exposure to higher-yield private credit assets, experienced increased outflows particularly from offshore clients. This development underscores persistent liquidity challenges in semi-liquid private credit vehicles following similar withdrawal caps imposed by Blackstone and Partners Group. Industry experts warn that redemption pressures are stressing fund operational structures, revealing tensions in offering daily liquidity for fundamentally illiquid assets.

Latest articles

OpenAI pushes $100 billion ChatGPT ad push into key spot in IPO pitch

OpenAI pushes $100 billion ChatGPT ad push into key spot in IPO pitch

23 June 2026
OpenAI told investors it expects $2.5 billion in ad revenue this year and $100 billion by 2030 as it expands ChatGPT ads to Brazil, Mexico, and India, aiming to strengthen its case for a potential $1 trillion IPO, but high costs and slower-than-expected ad market growth could pressure its valuation or timing.
American Airlines Shares Up on Fuel Price Drop; Eyes on One Potential Threat

American Airlines Shares Up on Fuel Price Drop; Eyes on One Potential Threat

23 June 2026
American Airlines closed up 0.56% at $16.08 as investors weigh a sharp drop in jet-fuel prices—which could cut the U.S. airline industry’s annual fuel bill by over $40 billion if sustained—against a new safety probe into a Boston near-miss involving one of its jets; BofA raised its price target to $16, but American’s ability to turn lower fuel costs into profit remains in focus.
AI-led rally in South Korea stalls at 10% as chip downturn dents Seoul trade

AI-led rally in South Korea stalls at 10% as chip downturn dents Seoul trade

23 June 2026
South Korea’s KOSPI plunged 9.99%—its sharpest drop in over three months—after a record AI chip rally reversed on regulatory warnings and profit-taking, triggering a market-wide trading halt; Samsung Electronics and SK hynix each sank over 12% as foreign and institutional investors dumped shares, while retail buyers drove heavy trading, leaving the index still up nearly 95% for the year.
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