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NYSE:PHG 30 July 2025

Can Tech Cure Insomnia? Exploring the Gadgets That Promise the Best Sleep of Your Life

Can Tech Cure Insomnia? Exploring the Gadgets That Promise the Best Sleep of Your Life

The global sleep tech devices market exceeded $21 billion in 2023 and is expanding quickly. In 2024, Samsung and Apple watches received FDA approval for sleep apnea detection, while the Oura Ring Generation 4 added research-grade sensors. Modius Sleep, cleared by the FDA in late 2024, showed 95% sleep improvement in a clinical trial for chronic insomnia. SleepioRx gained FDA clearance in August 2024 as a prescription digital CBT-I therapy.

Stock Market Today

  • InterContinental Hotels Group Buys Back 20,000 Shares, Plans Cancellation
    June 12, 2026, 2:30 AM EDT. InterContinental Hotels Group PLC repurchased 20,000 of its ordinary shares on June 11, 2026, through Goldman Sachs International on the London Stock Exchange. The purchase, authorized by shareholders in May 2025 and executed under instructions from February 2026, saw shares bought at an average price of $162.76. The company intends to cancel these shares, reducing the total issued shares to 149.36 million, excluding 5.43 million held in treasury. This buyback aims to optimize capital structure and shareholder value.

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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