-
Qualcomm Vs. Arm: Pre-Earnings Semiconductor Showdown
Tuesday, November 5, 2024 - 2:48pm | 691Read More...As Qualcomm Inc (NASDAQ:QCOM) and Arm Holdings PLC (NASDAQ:ARM) gear up to release their earnings Wednesday, the two semiconductor giants face bearish technical pressures but diverge in their growth paths. Qualcomm: Navigating Challenges Amid Bearish Technicals Qualcomm, a mainstay in mobile...
-
Intra-Cellular Therapies' Treatment Reduces Schizophrenia Relapse Risk 63%
Tuesday, November 5, 2024 - 1:10pm | 451Read More...On Tuesday, Intra-Cellular Therapies, Inc. (NASDAQ:ITCI) reported results from Study 304 of lumateperone 42 mg for the prevention of relapse in adult patients with schizophrenia. On the primary endpoint, the time to relapse during the double-blind treatment phase was significantly longer in...
-
Donald Trump Enters Election Day As 60:40 Favorite On Prediction Markets
Tuesday, November 5, 2024 - 12:51pm | 488Read More...Bettors in the 2024 U.S. election are increasingly favoring Donald Trump, with odds from regulated platforms like Kalshi reflecting a clear edge over Kamala Harris. What Happened: As of Election Day at 11.45 a.m. ET, data from Kalshi's U.S.-regulated prediction market indicates Trump has a 59%...
-
Cummins Lifts 2024 Profit Outlook After Q3 Beat
Tuesday, November 5, 2024 - 11:52am | 492Read More...Cummins Inc (NYSE:CMI) shares surged after the company reported better-than-expected third-quarter 2024 results and reaffirmed its 2024 revenue guidance. CMI reported third-quarter sales grew slightly by 0.30% year over year to $8.546 billion, beating the consensus of $8.294 billion. The Columbus,...
-
What The Election Outcome Means For Bitcoin's Near-Term Price Action
Tuesday, November 5, 2024 - 10:20am | 717Read More...Bitcoin‘s (CRYPTO: BTC) price direction may shift significantly based on whether Donald Trump or Kamala Harris win the 2024 presidential election. Experts told Benzinga that the race appears to be split evenly and that market sentiment has already factored in a possible Trump victory, which...
-
Amazon Takes on Netflix With New AI Recaps
Tuesday, November 5, 2024 - 7:27am | 640Read More...Amazon.Com Inc (NASDAQ:AMZN) Amazon Prime Video is unveiling an X-Ray Recaps feature to help users stay updated on their favorite shows, even after long breaks between episodes. Instead of rewinding or searching for plot summaries, viewers can now access spoiler-free, AI-generated recaps to refresh...
-
Wegovy Manufacturer Inks Multi-Million Deal For Monthly Obesity Drug
Monday, November 4, 2024 - 2:34pm | 499Read More...On Monday, Ascendis Pharma A/S (NASDAQ:ASND) granted Novo Nordisk A/S (NYSE:NVO) an exclusive worldwide license. The pact will focus on the TransCon technology platform to develop, manufacture, and commercialize Novo Nordisk proprietary products for metabolic diseases (including obesity and type 2...
-
Lululemon's China Comeback, Analyst Sees 60% Q3 Growth
Monday, November 4, 2024 - 2:16pm | 413Read More...BofA Securities analyst Lorraine Hutchinson reiterated a Buy rating at Lululemon Athletica Inc. (NASDAQ:LULU) with a price target of $355. The analyst says that the data shows that LULU’s sales in China have picked up momentum in the third quarter to date, following a slowdown in the second...
-
Disney Creates New Tech Hub For AI and AR
Monday, November 4, 2024 - 1:29pm | 563Read More...Walt Disney Co (NYSE:DIS) has announced the creation of a new group, the Office of Technology Enablement (OTE), dedicated to guiding the company’s approach to emerging technologies like artificial intelligence (AI) and extended reality (XR). This initiative seeks to integrate advanced tech...
-
Donald Trump's Latest Polymarket Whale Could Win Almost $10 Million
Monday, November 4, 2024 - 12:24pm | 446Read More...A new whale trader has become Donald Trump’s biggest shareholder in Polymarket’s 2024 presidential election winner market. What Happened: Data from Lookonchain revealed the whale, known as "zxgngl," withdrawing 2.36 million (CRYPTO: USDC) from Binance to place a fresh bet on Trump's...
-
BioNTech Variant-adapted COVID-19 Vaccines Do Well In Q3
Monday, November 4, 2024 - 10:41am | 355Read More...On Monday, BioNTech SE (NASDAQ:BNTX) reported third-quarter revenues of 1.244 billion euros (or $1.36 billion), up from 895.3 million euros a year ago. The higher revenues in the third quarter were largely attributed to the earlier approvals received for its variant-adapted COVID-19 vaccines...
-
Trump-Linked Phunware's Leadership Shuffle Continues: CFO Joins CEO In Exit Queue
Monday, November 4, 2024 - 9:10am | 310Read More...Mobile cloud enterprise solutions company Phunware, Inc. (NASDAQ:PHUN) shares are trading lower premarket on Monday. The company disclosed in a regulatory filing that on November 1, Troy Reisner notified that he intends to step down as Chief Financial Officer on or after November 15 and before...
-
US Buy Now Pay Later Player Affirm Launches In UK, Will Compete With PayPal And Klarna
Sunday, November 3, 2024 - 10:32pm | 271Read More...Affirm Holdings Inc (NASDAQ:AFRM), a U.S.-based buy now, pay later provider, launched its service in the UK on Monday, marking its first overseas expansion. CEO Max Levchin said Affirm chose the UK due to strong demand from British merchants, describing it as "a huge market, it's English-speaking...
-
Tesla Investors Confuse 'Valuation And Stock Price,' Says Gary Black As Investor Sees Recovery In Stock
Sunday, November 3, 2024 - 9:51pm | 729Read More...Gary Black, managing partner at The Future Fund, shared his outlook on Tesla Inc (NASDAQ:TSLA), stressing that "many TSLA investors still conflate valuation and stock price." What Happened: In response to Tesla's electric vehicle price cuts in October 2022, The Future Fund reduced its Tesla...
-
Phoenix Motor Drops Despite Revenue Surge, New EV Contracts
Friday, November 1, 2024 - 10:51am | 321Read More...Phoenix Motor Inc. (NASDAQ:PEV) shares are trading lower on Friday. On Thursday, the company reported a substantial increase in the second-quarter results. Net revenues rose to $12.03 million from $1.16 million in the prior year quarter. In May 2024, the company...
















