News

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16 Dec 2024 17:50

FTX's Chapter 11 Plan Set to Take Effect on January 3, 2025

Daily News

FTX Trading Ltd. and its affiliated debtors announced that their Chapter 11 Reorganization Plans will take effect on January 3, 2025. This development paves the w...

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16 Dec 2024 17:30

Trump Indicates Reevaluation of TikTok Ban

Daily News

In recent developments, President-elect Donald Trump indicated a possibility of reevaluating the upcoming ban on TikTok Inc., in contrast to his previous stance d...

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16 Dec 2024 17:24

Pharmacy Benefit Manager Stocks Plummet After Promises to Lower Drug Costs

Daily News

Following presidential candidate Donald Trump's recent statement about eliminating "middlemen" to lower drug costs, shares of companies that own pharmacy benefit ...

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16 Dec 2024 16:26

Deutsche Bank Sees Increase in Equity Positions Within the Tech Sector

Daily News

Deutsche Bank reported a notable increase in equity positions within the technology sector. This trend reflects rising investment activities in large-cap growth (...

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16 Dec 2024 16:26

CVC Explores Potential Acquisition of Vivendi's Stake in Telecom Italia, Reports Bloomberg

Daily News

According to a report on Monday, CVC Capital Partners Plc is considering acquiring Vivendi SE's stake in Telecom Italia SpA, which could lead to a potential purch...

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16 Dec 2024 16:25

Neurocrine Biosciences Soars After FDA Approval for CAH Drug

Daily News

Neurocrine Biosciences, Inc. (NASDAQ:NBIX) shares rose by 5.7% following the approval of CRENESSITY, a new treatment for congenital adrenal hyperplasia (CAH) by t...

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16 Dec 2024 16:24

Novo Nordisk Shares Rise After Regulatory Approval of Catalent Deal

Daily News

Investing.com -- Shares of Novo Nordisk (NYSE:NVO) rose by 2% today after the company announced that all regulatory closing conditions for its pending transaction...

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16 Dec 2024 16:23

SoftBank Commits to a $100 Billion Investment in the U.S.

Daily News

In a significant move for the U.S. economy, President-elect Donald Trump and SoftBank Group CEO Masayoshi Son announced a major investment plan on Monday. SoftBan...

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16 Dec 2024 16:20

Ripple to Launch New Stablecoin RLUSD on Tuesday

Daily News

In a significant development for the cryptocurrency markets, Ripple is preparing to launch its stablecoin, Ripple USD (RLUSD), this Tuesday. This launch follows R...

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16 Dec 2024 16:20

Micron Stock Rises on Analyst Optimism Ahead of Earnings

Daily News

Investing.com -- Micron Technology (NASDAQ: MU) shares rose 8% on Monday in response to positive comments from industry analysts ahead of the company's first-quar...

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16 Dec 2024 16:10

Annexon Shares Soar Following Positive Results from Guillain-Barré Study

Daily News

Annexon Inc's shares rose by 12% following the announcement of positive top-line results from a study evaluating its immunotherapy, ANX005. The drug developer rep...

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16 Dec 2024 16:03

Shyft Shares Soar with Merger Agreement

Daily News

Investing.com-- The Shyft Group (NASDAQ: SHYF) shares rose by 20% today following the announcement of a definitive agreement to merge with European firm Aebi Schm...

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16 Dec 2024 16:02

Enovix Shares Decline Amid Search for New CFO Following Farhan Ahmad's Departure

Daily News

Battery manufacturer Enovix Corp experienced a notable decline in its stock value on Monday, following the departure of Farhan Ahmad and the commencement of the s...

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16 Dec 2024 16:02

Larimar Therapeutics Stock Plummets Amidst Clinical Trial Concerns

Daily News

Larimar Therapeutics (NASDAQ:LRMR) shares have lost 30% in value as investors reacted to the latest data update from the company's clinical program. The biotechno...

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16 Dec 2024 16:00

Phillips 66 Unveils Capital Budget and Divests Pipeline Stake

Daily News

Phillips 66 (NYSE: PSX) shares fell by 3% following two separate announcements that could potentially affect investor sentiment. The energy company announced a ca...

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16 Dec 2024 15:58

German lawmakers pave the way for early general elections

Daily News

German lawmakers have approved a measure that paves the way for early general elections currently scheduled for February 23. This decision supports Chancellor Ola...

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16 Dec 2024 15:57

Volkswagen Resumes Critical Cost-Cutting Talks with Labor Leaders

Daily News

Volkswagen and worker representatives have resumed talks on Monday to resolve ongoing disputes regarding cost reduction strategies for the automaker's operations ...

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16 Dec 2024 15:53

"We Anticipate a Decline in Treasury Bond Yields": UBS

Daily News

U.S. Treasury yields have reached their highest level since the end of last November. This increase occurred despite widespread expectations in the market that th...

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16 Dec 2024 15:46

TSX Plummets Following Finance Minister Freeland's Resignation

Daily News

Canada's Finance Minister Chrystia Freeland's resignation has led to a decline in the country's stock index. The resignation occurred just before the federal gove...

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16 Dec 2024 15:42

BlackBerry Shares Surge 15% Following Arctic Wolf Asset Acquisition Deal

Daily News

BlackBerry shares experienced a significant increase on the Toronto Stock Exchange, rising by as much as 15%, marking the largest intraday gain since June 27. Thi...

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16 Dec 2024 15:40

Riksbank Expected to Cut Interest Rates to 2% Amid Economic Recovery: ING

Daily News

The Swedish Central Bank, Riksbank, is expected to lower its policy rate to 2.5%, aligning with market consensus. This move follows a significant 50 basis point c...

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