Apu Gomes/Getty Images News The Internal Revenue Service has apologized to Ken Griffin, billionaire CEO of hedge fund Citadel, as well as thousands of other wealthy Americans whose personal tax information was leaked to the press by a former IRS contractor. Charles Littlejohn, who is serving a five-year prison sentence,Continue Reading
loveguli Asia-Pacific equity markets were mixed on Wednesday as investors shrugged off an unexpectedly high inflation rate in Australia, while the yen continued to thread near 160 per dollar, which previously prompted Japanese authorities to intervene in the currency markets. Japan (NKY:IND) +1.26%. Domestic shares also continued to benefit fromContinue Reading
Pgiam/iStock via Getty Images Oppenheimer downgraded respiratory device maker ResMed (NYSE:RMD) to Perform from Outperform on Tuesday, citing an “air pocket” for the stock in the wake of encouraging data for Eli Lilly’s (NYSE:LLY) weight loss therapy tirzepatide in obstructive sleep apnea (OSA). The maker of CPAP (continuous positive airwayContinue Reading
DKosig The U.S. government is probing China Mobile, China Telecom (OTCPK:CHJHF) and China Unicom (OTCPK:CHUFF) over concerns that the companies could exploit access to U.S. data via their American cloud and internet businesses by providing it to China, Reuters reported, citing people familiar with the matter. Commerce Department’s authorities areContinue Reading
Nikada Asia-Pacific equity markets mostly rise on Tuesday, as caution dominated sentiment ahead of key US inflation data and the first US presidential debate between Joe Biden and Donald Trump this week. Japan (NKY:IND) +0.95%. The Japanese yen steadied around 159.3 per dollar after threatening to breach the 160 levelContinue Reading
JHVEPhoto Inspire Medical Systems (NYSE:INSP) and ResMed (NYSE:RMD) are both down significantly in Monday trading, apparent casualties of positive data released after the closing bell on June 21 of Eli Lilly’s (LLY) diabetes and weight loss drug tirzepatide as a sleep apnea treatment. Inspire manufactures an implantable neurostimulation device forContinue Reading
RomanBabakin Sanofi (NASDAQ:SNY) is up ~3% in Monday afternoon trading as it stands to benefit from positive data released earlier in the day on Alnylam Pharmaceuticals’ (ALNY) Amvuttra (vutrisiran) The data was on the drug in treating ATTR amyloidosis with cardiomyopathy. The therapoy was already approved for polyneuropathy of hereditaryContinue Reading
andresr/E+ via Getty Images CDK Global, a software provider to retailers, is working to restore systems used at more than 15,000 car-dealer locations in North America. The process is expected to take several days, Reuters reported, citing an emailed statement from the company. On Wednesday, CDK briefly shut down allContinue Reading
U.Today – (BTC) retail on-chain accounts are demonstrating interest in buying the orange coin at current prices. The metric has been surging during the last few weeks and has already added 7%, which can be treated as positive signal, the analyst says. Bitcoin (BTC) retail investors’ demand surging as priceContinue Reading
Photo by Zbynek Burival on Unsplash Time series forecasting is a specific machine learning (ML) discipline that enables organizations to make informed planning decisions. The main idea is to supply historic data to an ML algorithm that can identify patterns from the past and then use those patterns to estimateContinue Reading
