Company news from ShareCast
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UK data watchdog quizzes Elon Musk's X over Grok AI
Wed 07 January 2026 16:47
(Sharecast News) - Britain's data protection watchdog contacted Elon Musk's social media platform X and its artificial intelligence subsidiary xAI on Wednesday, after reports raised serious concerns about content generated by the platform's Grok AI tool,
IP Group tumbles as portfolio company Pulmocide ends study for lead product
Wed 07 January 2026 14:27
(Sharecast News) - IP Group slumped on Wednesday after it said portfolio company Pulmocide has decided to end the Phase 3 study of its opelconazole product for the treatment of invasive pulmonary aspergillosis (IPA).
Ventyx Biosciences said to be in takeover talks with Eli Lilly, shares surge
Wed 07 January 2026 13:35
(Sharecast News) - Ventyx Biosciences surged in pre-market trade on Wednesday following a report that Eli Lilly & Co. is in advanced talks to buy the company for more than $1bn to expand its work in immunology.
Warner Bros Discovery rejects Paramount's 'insufficient' takeover offer
Wed 07 January 2026 12:33
(Sharecast News) - The board of Warner Bros Discovery on Wednesday unanimously rejected Paramount Skydance's revised takeover offer, reiterating its preference for the $72bn tie-up with Netflix announced last month.
ISS recommends Edinburgh Worldwide shareholders reject Saba's resolutions
Wed 07 January 2026 09:39
(Sharecast News) - Edinburgh Worldwide Investment Trust said on Wednesday that independent voting adviser ISS has recommended that shareholders vote against all of Saba Capital Management's resolutions at the general meeting on 20 January.