SHL

Nvidia Corp’s (NASDAQ:NVDA) Run:ai acquisition has drawn regulatory scrutiny from the European Commission. The Commission will review the proposed acquisition of Israeli-based Run:ai by U.S. tech giant Nvidia. The referral, initially submitted by Italy’s competition authority under the...

On Thursday, Lexicon Pharmaceuticals Inc. (NASDAQ:LXRX) announced the outcome of the FDA’s Endocrinologic and Metabolic Drugs Advisory Committee Meeting to review the company’s New Drug Application (NDA) for Zynquista (sotagliflozin). The company is seeking approval for the...

Ford Motor Company (NYSE:F) shares are trading lower on Thursday. The company is reportedly set to pause production of its F-150 Lightning from mid-November until the year's end, citing weaker-than-anticipated demand for the electric pickup, Automotive News reported. Including the planned holiday...

Super Micro Computer, Inc (NASDAQ:SMCI) stock continued to fall on Thursday after Rosenblatt analyst Hans Mosesmann suspended his rating on the artificial intelligence server company, citing governance and accounting concerns following Ernst & Young’s resignation as the company’s...

JPMorgan analysts predict a rise in Bitcoin (CRYPTO: BTC) and gold prices should Ex-President Donald Trump secure a victory as the apex crypto sees a surge of interest from institutional investors. What Happened: Analysts at JPMorgan, led by managing director Nikolaos Panigirtzoglou, suggest that a...

As Bitcoin (CRYPTO: BTC) trades near $70,450 on Thursday afternoon, traders are preparing for potential market swings linked to the upcoming U.S. election. What Happened: According to data from CoinGecko, Bitcoin hit a recent high of $73,563, just short of its all-time high of $73,797 reached in...

Anheuser-Busch Inbev (NYSE:BUD) shares are trading lower on Thursday. The company reported third-quarter adjusted earnings per share of 98 cents, beating the street view of 89 cents. Quarterly sales of $15.046 billion missed the analyst consensus estimate of $15.644 billion. Anheuser-Busch noted...

Leading gold miner Newmont (NYSE:NEM) has applied to extend the permit for its Cadia operation, Australia's largest underground mine, until 2050. Located near Orange in New South Wales (NSW), Cadia plays a significant role in Newmont's portfolio and the Australian mining sector. It produces nearly...

On Tuesday, Incyte Corporation (NASDAQ:INCY) reported third-quarter revenue of $1.14 billion, up 24% year over year, beating the consensus of $1.08 billion. Jakafi (ruxolitinib) net product revenues increased to $741.18 million, up 16% year over year,...

B of A Securities analyst Tal Liani downgraded Check Point Software Technologies Ltd (NASDAQ:CHKP) from Buy to Neutral and lowered the price target from $205 to $195. On Tuesday, Check Point reported fiscal third-quarter revenue growth of 7% to $635.10 million, almost inline with the...

On Tuesday, Biomarin Pharmaceutical Inc. (NASDAQ:BMRN) reported third-quarter adjusted EPS of 91 cents, almost double the 46 cents reported a year ago, beating the consensus of 52 cents. The company reported sales of $745.74 million, beating the consensus of $700.14 million. Sales increased 28%,...

Last week, Lyell Immunopharma Inc. (NASDAQ:LYEL) agreed to acquire ImmPACT Bio USA Inc., a privately owned clinical-stage biotechnology company. Lyell has prioritized its pipeline to focus resources on its most differentiated CAR T-cell clinical programs, including IMPT-314 following the close...

Flex Ltd. (NASDAQ:FLEX) shares are trading higher after the company reported better-than-expected second-quarter financial results and raised its full-year earnings guidance. The company reported adjusted earnings per share 64 cents, beating the analyst consensus estimate of 56 cents. Quarterly...

Pseudonymous analyst CrediBULL Crypto highlighted that Bitcoin’s (CRYPTO: BTC) break of $71,000 might not indicate a sustained bullish trend. What Happened: The analyst described the move as "corrective" rather than impulsive on his X profile, emphasizing that context is essential: "I did...

A new suggests that Bitcoin (CRYPTO: BTC) may surge to $101,694 by January 27, 2025, buoyed by strong market momentum and increasing institutional demand through spot ETFs. What Happened: The report, by 10x Research, highlights Bitcoin’s resilience as it reached a six-month high, a milestone...