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Company News for June 4, 2024

  • NVIDIA Corporation NVDA shares rose 4.9% after CEO Jensen Huang announced that the company’s next-generation AI chip platform, branded as Rubin, will be released in 2026.

  • Shares of Merck MRK increased 2.3% after the company and its partner, Moderna, Inc. MRNA, announced encouraging results from a trial of two of their drugs for the treatment of melanoma.

  • Spotify Technology S.A. SPOT shares jumped 5.7% after the company announced an increase in subscription prices in the United States.

  • Stericycle, Inc. SRCL shares surged 14.6% after Waste Management WM announced that it would acquire the medical-waste disposal firm for $62 per share in cash, including $1.4 billion of Stericycle’s net debt, in a $5.8 billion deal.

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Stericycle, Inc. (SRCL) : Free Stock Analysis Report

Waste Management, Inc. (WM) : Free Stock Analysis Report

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Spotify Technology (SPOT) : Free Stock Analysis Report

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