Pudgy Penguins PENGU Token Debuts at $2.3B Market Cap
$90 million worth of PENGU has traded in its first hour of release.
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Why Are Teva And Sanofi Stocks Trading Higher On Tuesday?
On Tuesday, Teva Pharmaceutical Industries Ltd. (NYSE:TEVA) and Sanofi SA’s (NASDAQ:SNY) Phase 2b RELIEVE UCCD study met its primary endpoints in patients with ulcerative colitis (UC) and Crohn’s disease (CD). RELIEVE UCCD investigated duvakitug (TEV’574/SAR447189), a human IgG1-λ2 monoclonal antibody targeting TL1A, for moderate-to-severe inflammatory bowel disease (IBD). In the RELIEVE UCCD study, 36.2% (low-dose) and 47.8% (high-dose) of patients with ulcerative colitis treated with duvakitug
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Japan’s ruling party heads to runoff in election to decide country’s next prime minister
Candidates in the upcoming leadership race for the ruling Liberal Democratic Party (LDP) join hands …
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Bath and Body Works’ CEO believes in her strategy for the $7.4 billion retailer—so she bought her own stock
Bath and Body Works' Candle Day sale is bigger for the retailer than Black Friday.
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MicroStrategy’s Nasdaq Entry Kicks Off New Era of Momentum Risk
(Bloomberg) -- MicroStrategy Inc.’s entry into the Nasdaq 100 opens up the largest corporate holder of Bitcoin to a new — and untapped – investor: the index-tracking juggernauts. Most Read from BloombergHow California Sees the World, and ItselfYet Wall Street pros warn the oncoming march of these price-insensitive investors threatens a new source of vulnerability in a stock that has soared more than 500% this year on booming demand from retail investors, as well as hedge funds capitalizing on it
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Nucor's Q4 Guidance Misses The Mark, Hit By Steel Slowdown; Stock Slides
Nucor Corporation (NYSE:NUE) shares are trading lower premarket today. On Monday, the company provided fourth-quarter guidance, expecting EPS of $0.55 – $0.65 vs. the consensus of $0.86. The primary factor driving the expected earnings decline is lower earnings in the steel mills segment due to decreased volumes and lower average selling prices. The company projects earnings in the steel products segment to decline, reflecting the same trends. However, the raw materials segment is anticipated to
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Nvidia stock hits correction territory, but bulls see value in AI leader
Nvidia shares have lost nearly $400 billion in value since Election Day.
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Supermicro Stock Price Levels to Watch After Recent Slump
Super Micro Computer shares moved higher in premarket trading Tuesday after plunging yesterday following news that the stock will be removed from the Nasdaq 100 Index and reports that the company is exploring ways to raise capital. Monitor these important chart levels.
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Why Is Fast Charging Network EVgo Stock Plunging Today?
EVgo Inc. (NASDAQ:EVGO) shares are trading lower in premarket trading following the announcement of the pricing of a secondary public offering. The previously announced offering by EVgo Holdings, an affiliate of LS Power Equity Partners IV, involves 23 million shares of EVgo’s Class A common stock priced at $5.00 per share. Additionally, LS Power has granted underwriters a 30-day option to purchase up to 3.45 million more shares at the same price. Notably, EVgo itself is not selling any shares,
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UnitedHealth, CVS, and Cigna stock prices take another hit after Trump says he’s going to ‘knock out’ drug industry middlemen
Frustration with healthcare, including pharmacy benefit managers (PBMs), continues to make news in the weeks following Brian Thompson’s death.
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Rockwell Medical Scores Multi-Year Dialysis Deal; Stock Jumps
Rockwell Medical, Inc. (NASDAQ:RMTI) shares are trading higher premarket on Tuesday after it entered into a product purchase agreement with a provider of dialysis products and services. As per the three-year agreement, Rockwell Medical will supply its SteriLyte liquid bicarbonate product to the customer, with an option to renew it for two additional one-year terms. The agreement is expected to generate over $10 million in net sales in the first year, a portion of which was not included in Rockwe
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Wall Street’s Smart-Trade Complex Booms Even as Simple Bets Win
(Bloomberg) -- Wall Street’s printing press for complex investment products is having a blockbuster year, minting fees for bankers, hedge fund managers and ETF issuers. Most Read from BloombergHow California Sees the World, and ItselfHong Kong's Expat Party Hub Reshaped by Chinese InfluxLondon’s Tube Fares Are Set to Rise by 4.6% Next YearYet a slew of these newfangled strategies are struggling to wow — despite healthy demand — in a world where plain and simple bets on the S&P 500 keep winning b
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EyePoint reports inducement grants under NASDAQ listing rule
EyePoint (EYPT) announced that the Company granted non-statutory stock options to new employees as inducement awards outside the Company’s 2023 Long-Term Incentive Plan in accordance with NASDAQ Listing Rule 5635(c)(4). The Company granted stock options to purchase up to an aggregate of 54,600 shares of EyePoint Pharmaceuticals common stock to six new employees. The stock options were granted on December 13, 2024. The grants were approved by the Compensation Committee and made as an inducement m
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Ethereum Price Eyes Bitcoin’s Lead: Can It Climb to a New Weekly High?
Ethereum price is eyeing a fresh increase like Bitcoin. ETH must surpass $2,665 to continue …
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