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Amgen confirmed the plans in a statement sent to MT Newswires, saying that the investment would back the acceleration of its digital capabilities through AI and data science. Amgen shares rose 2.3%.Invivyd  sank 24% after the firm said the US Food and Drug Administration rejected its request to expand the existing emergency use authorization for Pemgarda to include treatment of mild-to-moderate COVID-19 in immunocompromised persons.Summit Therapeutics  shares fell 13% following its Q4 results.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["SMMT","BK4588","IE0002141913.USD","BK4581","IE00BJJMRZ35.SGD","SG9999001440.SGD","LU0289739699.SGD","BK4533","BK4599","IBB","IE00B4R5TH58.HKD","LU0122379950.USD","LU2112291526.USD","IE0009355771.USD","IVVD","AMGN","BK4139","LU0868494617.USD","XLV","LU2242646821.SGD","BK4534","IE00BJT1NW94.SGD","LU2242652126.USD","LU0320765992.SGD","LU0889565916.HKD","LU1023059063.AUD","LU1571399168.USD","IE00BFTCPJ56.SGD","LU0058720904.USD","LU1061106388.HKD","BK4566","LU2488822045.USD","IE00B2B36J28.USD","BK4585","LU0109394709.USD","LU1983299246.USD","LU1057294990.SGD"],"gpt_icon":0},{"id":"2514744387","title":"Is Summit Therapeutics (SMMT) One of the Best Growth Stocks to Invest In According to Analysts?","url":"https://stock-news.laohu8.com/highlight/detail?id=2514744387","media":"Insider Monkey","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514744387?lang=en_us&edition=fundamental","pubTime":"2025-02-25 01:43","pubTimestamp":1740419039,"startTime":"0","endTime":"0","summary":"We recently published a list of 12 Best Growth Stocks to Invest In According to Analysts. In this article, we are going to take a look at where Summit Therapeutics Inc.  stands against other best growth stocks to invest in according to analysts.Companies experiencing above-average earnings growth, which is often fueled by innovations and market expansions, are known as growth stocks. However, investing in them requires more than just chasing their rising share prices. These companies typically command higher valuations than their peers, which reflects investor confidence in their future potential. While they offer the prospect of substantial returns, they also come with heightened volatility and are susceptible to economic pressures like inflation and supply chain disruptions. Despite recent market fluctuations, periods of decline can present strategic entry points for long-term investors.The overall discussion underscored the importance of diversification in investment strategies amid","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/summit-therapeutics-smmt-one-best-174359239.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["SMMT","QLD",".IXIC","SQQQ","MNQmain","NQmain","USJW.SI","USAW.SI","QID","TSYW.SI","PSQ","BK4139","TQQQ","LU2488822045.USD","NVIW.SI"],"gpt_icon":1},{"id":"2513733767","title":"BUZZ-U.S. STOCKS ON THE MOVE-BioMarin, Azul, Sun Communities","url":"https://stock-news.laohu8.com/highlight/detail?id=2513733767","media":"Reuters","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2513733767?lang=en_us&edition=fundamental","pubTime":"2025-02-24 23:46","pubTimestamp":1740412013,"startTime":"0","endTime":"0","summary":"BUZZ-U.S. STOCKS ON THE MOVE-BioMarin, Azul, Sun Communities Eikon search string for individual stock moves: STXBZThe Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: h","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250224:nL3N3PF15L:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU0345770993.USD","LU0594300419.USD","LU0823397103.USD","HE","ARMK","AZUL","LU0198837287.USD","YYAI","WING","AXSM","SMCI","AGIO","HOOD","AU","LU0823434740.USD","TRDA","AMRX","BRDG","XYZ","ABR","CEG","MACW.SI","OC","IE00B775H168.HKD","LU1769817179.HKD","PDD","SMMT","TUYA","LU1778281490.HKD","BMRN","GOOS","LU2750360997.AUD","DPZ","CTAS","BCRX","IVVD","ZH","FDP","CRL","PLTR","U","NKE","BBWI","SUI","AAPL","LU1981816686.USD","LU2756315318.SGD","TWLO","PODD","GFI"],"gpt_icon":0},{"id":"2513477353","title":"Summit Therapeutics Shares Down as 4Q Loss Widens","url":"https://stock-news.laohu8.com/highlight/detail?id=2513477353","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2513477353?lang=en_us&edition=fundamental","pubTime":"2025-02-24 23:19","pubTimestamp":1740410340,"startTime":"0","endTime":"0","summary":"Summit Therapeutics shares fell after the company reported a wider loss in the fourth quarter.The biopharmaceutical oncology company reported a loss of $61.2 million, or 8 cents a share, compared with a loss of $36.6 million, or 5 cents a share a year earlier.Expenses also rose. Adjusted operating expenses came to $54.8 million from $27.7 million.Additionally, Summit Therapeutics plans to work with Pfizer to study its  promising cancer drug candidate ivonescimab and Pfizer's antibody drug conjugates in solid tumors.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["IE00BBT3K403.USD","BK4007","BK4550","BK4585","SG9999013999.USD","IE00B19Z3581.USD","LU1894683348.USD","LU0225284248.USD","IE00BLSP4452.SGD","BK4533","LU0306806265.USD","LU0321505439.SGD","LU1057294990.SGD","IE000M9KFDE8.USD","LU1883839398.USD","SG9999003800.SGD","SG9999011175.SGD","LU0122379950.USD","LU1894683264.USD","LU0868494617.USD","SG9999002224.SGD","LENZ","LU0234572021.USD","LU0058720904.USD","LU0985481810.HKD","BK4534","SG9999002232.USD","SGXZ57979304.SGD","BK4581","BK4592","SMMT","SMMF","LU0170899867.USD","LU1066053197.SGD","BK4588","BK4599","LU1066051498.USD","SG9999001176.USD","LU0321505868.SGD","BK4139","BK4568","LU1023059063.AUD","BK4211","SG9999001176.SGD","LU0306807586.USD","IE00B19Z3B42.SGD","LU2488822045.USD","IE00BLSP4239.USD","LU0289739699.SGD"],"gpt_icon":1},{"id":"1127859648","title":"Stock Track | Summit Therapeutics Stock Plunges 5.02% on Monday Amid Clinical Trial Collaboration News","url":"https://stock-news.laohu8.com/highlight/detail?id=1127859648","media":"Stock Track","labels":["movement"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1127859648?lang=en_us&edition=fundamental","pubTime":"2025-02-24 22:33","pubTimestamp":1740407620,"startTime":"0","endTime":"0","summary":"Summit Therapeutics Inc.  saw its shares plummet by 5.02% in Monday's pre-market trading session. The biopharmaceutical company's stock movement can be attributed to the following key developments:. Summit announced a clinical trial collaboration with Pfizer to evaluate its investigational drug ivonescimab in combination with several of Pfizer's antibody drug conjugates  for the treatment of multiple solid tumors. Under the agreement, Summit will provide ivonescimab for the proposed studies, whi","market":"hk","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"movement","news_rank":0,"length":0,"strategy_id":0,"source":"ai_movement_en","symbols":["SMMT"],"gpt_icon":0},{"id":"2513612722","title":"Summit Therapeutics Shares Reverse Course From Premarket Gains; Last Down 8.7%","url":"https://stock-news.laohu8.com/highlight/detail?id=2513612722","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2513612722?lang=en_us&edition=fundamental","pubTime":"2025-02-24 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Care Stocks Flat to Higher Pre-Bell Monday","url":"https://stock-news.laohu8.com/highlight/detail?id=2513724103","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2513724103?lang=en_us&edition=fundamental","pubTime":"2025-02-24 22:14","pubTimestamp":1740406493,"startTime":"0","endTime":"0","summary":"Health care stocks were flat to higher pre-bell Monday, with the iShares Biotechnology ETF  inactive and The Health Care Select Sector SPDR Fund  up 0.3%.Invivyd  shares were down past 28% after the company said the US Food and Drug Administration rejected its request to expand the existing emergency use authorization for Pemgarda to include treatment of mild-to-moderate COVID-19 in immunocompromised adults and adolescents.Summit Therapeutics  stock was over 5% higher after the company said it will collaborate with Pfizer  on a set of clinical trials to evaluate ivonescimab, its investigational drug, in combination with several Pfizer antibody drug conjugates to treat multiple solid tumors.Entrada Therapeutics  shares were up more than 5% after the company said the US Food and Drug Administration has lifted the clinical hold on ENTR-601-44 and cleared the company's plan to start a phase 1b study of the product candidate as a potential treatment for adults with Duchenne muscular 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Funds, Equity Futures Higher Pre-Bell Monday as Investors Focus on Inflation Data","url":"https://stock-news.laohu8.com/highlight/detail?id=2513726755","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2513726755?lang=en_us&edition=fundamental","pubTime":"2025-02-24 21:16","pubTimestamp":1740403019,"startTime":"0","endTime":"0","summary":"The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.5% and the actively traded Invesco QQQ Trust (QQQ) advanced 0.4% in Monday's premarket activity as investors focus on 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licensed the rights to ivonescimab in North and South America, Europe, the Middle East, Africa and Japan from Chinese biotech Akeso, which engineered the drug.Summit last year reported data from a late-stage study that showed ivonescimab beat Merck's blockbuster cancer drug Keytruda in patients with a form of lung cancer.Pfizer is developing several ADCs, 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Therapeutics Q4 Net Loss Widens, Yearly Cash Equivalents Rise -- Shares Up Pre-Bell","url":"https://stock-news.laohu8.com/highlight/detail?id=2513744180","media":"MT Newswires Live","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2513744180?lang=en_us&edition=fundamental","pubTime":"2025-02-24 19:26","pubTimestamp":1740396364,"startTime":"0","endTime":"0","summary":"Summit Therapeutics  reported a Q4 non-GAAP net loss Monday of $0.07 per diluted share, widening from a loss of $0.04 a year earlier.Analysts polled by FactSet expected a loss of $0.08.The biopharmaceutical company did not report any revenue.The company reported cash, cash equivalents and short-term investments of $412.3 million as of Dec. 31, up from $186.2 million a year earlier.Summit shares were up nearly 11% in recent premarket 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