Market News for August 17, 2026
Every story Market Flux published on August 17, 2026.
- Most Active
OmniAb Signs Eli Lilly Ion Channel Deal Worth Up to $370M, Raises 2026 Cash Guidance
OmniAb struck a global collaboration and license agreement with Eli Lilly for a new ion channel drug discovery program, with OmniAb eligible to receive an upfront payment plus up to $370…
- Most Active
EyePoint Pharmaceuticals Plunges 65% After DURAVYU Fails Phase 3 Non-Inferiority Test in Wet AMD
EyePoint Pharmaceuticals shares cratered more than 65% in premarket trading on August 17, hitting a 52-week low of $4.06, after the company's Phase 3 LUGANO trial for DURAVYU in wet…
- Most Active
Fulcrum Therapeutics to merge with Slate Medicines in all-stock deal, rebranding as migraine biotech with $245M financing
Fulcrum Therapeutics agreed on August 16, 2026, to merge with privately held Slate Medicines in an all-stock transaction, a move that pivots the Nasdaq-listed company away from its rare…
- Market Flux Event
30-Year Treasury Yield Hits 5.30%, Highest Since 2007, as Bond Selloff Deepens
The 30-year U.S. Treasury yield climbed to 5.30% on Monday, a level not seen since 2007, as a confluence of factors drove a broad global bond market selloff. Rising Treasury supply…
- Top Mover
Disney Parks Chief Thomas Mazloum Unveils Dual-Track Investment Strategy at D23
Thomas Mazloum, who became chairman of Disney Experiences in March 2026 after predecessor Josh D'Amaro was elevated to CEO of The Walt Disney Company, used Disney's D23 fan convention to…
- Top Mover
Centene CFO Drew Asher to Step Down in December as Chris Neczypor Named Successor
Centene Corporation announced Monday that Chief Financial Officer Drew Asher intends to step down from his role in December 2026 and will fully retire from the company at the end of 2027…
- Top Mover
L3Harris Fires CEO Christopher Kubasik Over Code of Conduct Violation, Names Sam Mehta as Replacement
L3Harris Technologies ousted Christopher Kubasik as Chairman and Chief Executive Officer effective immediately on Monday after its board determined he had engaged in conduct inconsistent…
- Market Flux Event
Paramount Demands $1.88 Billion Bond From State AGs Blocking Its Warner Bros. Discovery Merger
Paramount Skydance filed a motion Monday demanding that the 12 state attorneys general suing to stop its proposed $110 billion merger with Warner Bros. Discovery post a $1.88 billion bond…
- Market Flux Event
AI Infrastructure Investment Debate Intensifies as Tepper Rotates, Eisman Warns and CFTC Eyes Compute Derivatives
A wave of developments on August 17, 2026 sharpened the debate over where to place bets in the AI infrastructure cycle. Billionaire David Tepper's Appaloosa Management, whose portfolio…
- Market Flux Event
Nvidia Commits Up to $105 Billion to Back OpenAI Data Center Campus in Ohio
Nvidia has agreed to provide a financial guarantee of up to $105 billion to support a massive new data center campus in Pike County, Ohio, that will be leased by OpenAI, according to a…
- Market Flux Event
Trump Threatens to Bomb Oman as US-Iran Ceasefire Expires With No Deal
President Donald Trump threatened to bomb Oman if it interferes with the U.S. naval blockade of Iranian ships in the Strait of Hormuz, telling Fox News in a phone interview that "if Oman…