UBS analysts updated their “global top list.” Leadership among stocks once again narrowed in June, with info technology (XLK) keeping its top seat among the sectors. “The resilient economy should allow earnings to recover, while we expect discount factors to decline as inflation normalizes and central banks embark on anContinue Reading
Responsible AI is a longstanding commitment at Amazon. From the outset, we have prioritized responsible AI innovation by embedding safety, fairness, robustness, security, and privacy into our development processes and educating our employees. We strive to make our customers’ lives better while also establishing and implementing the necessary safeguards toContinue Reading
U.Today – Federal Reserve Chair Jerome Powell has recently delivered comments with significant ramifications for the markets. Setting the stage for a two-day speech on Capitol Hill this week, the central bank chief on Tuesday acknowledged some easing in inflation, which he said officials are determined to get down toContinue Reading
libre de droit/iStock via Getty Images Inventiva (NASDAQ:IVA) stock rose 10% in after-hours trading Friday after the French biotech company said it was working towards securing a royalty-based financing deal that would extend its cash runway through the summer. The company said in a statement that it had cash andContinue Reading
Ole Schwander Castle Biosciences (NASDAQ:CSTL) traded lower on Friday after a local Medicare Administrative Contractor (MAC) updated its coverage policy, finalizing a proposal not to reimburse the company’s DecisionDx-SCC cancer test. On Thursday, Palmetto GBA, a MAC for Medicare’s Molecular Diagnostics Services program (MolDX), finalized and maintained a non-coverage decisionContinue Reading
N Rotteveel/iStock Editorial via Getty Images Core Scientific (NASDAQ:CORZ) was trading -3.95% Friday pre-market after the blockchain infrastructure company said it earned 430 self-mined bitcoins in June, compared to 447 in May. The company said it earned 1,680 self-mined bitcoins in Q2. Average self-mined bitcoins in a day for JuneContinue Reading
Tippapatt Volvo Group and Westport Fuel Systems (NASDAQ:WPRT) held an event on Friday to mark what they said was a defining moment of the newly formed joint venture of the two companies. The two partners said they came together to jointly promote, develop, and further accelerate the commercialization of theContinue Reading
Niu Technologies (NASDAQ:NIU) said in the second quarter of 2024, it sold 256,162 units, including e-motorcycles, e-mopeds, e-bicycles, kick-scooters and e-bikes. The number of units sold in China market and international markets was 207,552 and 48,610, respectively. In international markets, micro-mobility sales grew over 50% year over year. Source: PressContinue Reading
designer491 Ardelyx (NASDAQ:ARDX) stock tumbled 20% Tuesday morning after the company said it has decided not to apply to include its drug Xphozah in the US Centers for Medicare and Medicaid Services’ Transitional Drug Add-on Payment Adjustment, or TDAPA, program for certain renal disease drugs. The biotech company said inContinue Reading
ablokhin The SEC has provided Cassava Sciences (NASDAQ:SAVA) with additional information from an ongoing investigation of the agency’s phase 2b study of Alzheimer’s candidate simufilam. While the company did not provide details about that information in a Monday SEC filing, it did say it has formed an internal committee ofContinue Reading
