by Touch Stone Publishers | Jul 8, 2026
The Signal Vertex Pharmaceuticals agreed to acquire Crinetics Pharmaceuticals for $85.00 per share in an all-cash deal valued at roughly $10 billion, or about $8.8 billion net of estimated cash. The terms, unanimously approved by both boards and disclosed in 8-K...
by Touch Stone Publishers | Jul 8, 2026
Health systems that deployed clinical AI on the expectation that the FDA would tell them when a tool was safe are now governing a category the agency has stepped back from. On January 6, 2026, the FDA revised its guidance on Clinical Decision Support software, the...
by Touch Stone Publishers | Jul 7, 2026
The two-day semiconductor selloff that pulled the SMH index down 4.5% did not begin with the chipmakers. It began with the companies that sell the tools to make the chips. Teradyne fell 13.6% and KLA fell 11.5% in a single session while Nvidia lost only 1.4%. When...
by Touch Stone Publishers | Jul 6, 2026
The Signal Regional bank consolidation has crossed a seven-year high, and the deals are now closing, not just being announced. Prosperity Bancshares completed its acquisition of Stellar Bancorp on July 1, moving a roughly $43.6 billion Houston franchise past the $50...
by Touch Stone Publishers | Jul 3, 2026
Consumer Sector | Friday, July 3, 2026 | Senior Sector Strategist | Touch Stone Publishers USTR hearings on new Section 301 forced labor tariffs open Monday, July 7. The comment window closes this Sunday, July 6. After Monday’s hearings, USTR will finalize a...
by Touch Stone Publishers | Jul 2, 2026
As of July 1, 2026, the Federal Energy Regulatory Commission’s new five-year oil pipeline rate index is operative. The index resets at PPI-FG minus 0.55 percent, replacing the prior-cycle PPI-FG plus 0.78 percent, and covers 155 of 195 interstate oil pipeline...
