Uncategorized
Market Shrugs Off This Drugmaker’s Turnaround
This drugmaker achieved a milestone – its first quarterly profit. But the stock is down despite the good tidings. read more
Occidental Petroleum, ExxonMobil, Chevron Fall In Pre-Market As Oil Prices Plunge Amid Trump’s US-Iran Nuclear Deal Comments
Oil prices saw a considerable drop on Thursday. This decline is attributed to the potential U.S.-Iran nuclear deal and a sudden increase in U.S. crude oil inventories, triggering concerns of oversupply. read more
US Stocks Likely To Open Lower After S&P 500’s Three-Day Winning Streak: ‘…Many Uncertainties Remain,’ Says Expert
U.S. stock futures were lower on Thursday after a mixed close on Wednesday. Futures of benchmark indices were trading lower in premarket. read more
From Cancer Drugs To Cosmetics: A Cash-strapped Company’s Makeover Story
This cash-strapped company is shifting from its roots in cancer drug development to focus on cosmetic treatments. read more
Ibotta CEO Says Consumer Goods Giant Boosted Spend 8x As Brands Ditch Old-School Promotions For ROI-Driven Strategy Amid Fierce Retail Competition
Performance marketing platform, Ibotta Inc., offers fresh insights into changing brand behaviors, particularly the strategies adopted by consumer packaged goods (CPG) companies to navigate today’s highly competitive retail environment. read more
Ethereum Leaves XRP, SOL In The Dust This Week — What’s Going On?
Ethereum was trading lower early Thursday, reversing a searing rally that made it the most successful large-cap coin over the week. What happened: The second-largest cryptocurrency by market capitalization fell below $2,600 on profit-taking, having reclaimed $2,700 the day before. The trading volume dropped 34% in the last 24 hours. read more
As Elon Musk Secures Saudi Starlink Deal, Elizabeth Warren And Senate Democrats Demand Probe Into Possible Ethics Violations And Accuse Trump Administration Of Helping SpaceX Secure Foreign Deals
Senate Dems demand probe into Trump admin’s potential aid to Elon Musk’s SpaceX in foreign markets. read more
Cisco Is Targeting A Multi-Billion-Dollar Security Shake-Up—And It Starts With Killing The Firewall
Networking and communications giant Cisco Systems Inc. is laying the groundwork to upend a core pillar of enterprise cybersecurity, that is, the humble firewall. read more
Tesla Rival Baidu Expands Apollo Go Robotaxi To Europe, Sets Sights On Turkey Amid Rising Competition: Report
In a major move towards international expansion, Baidu Inc. (NASDAQ: BIDU) is reportedly preparing to test its autonomous ride-hailing service in Europe. read more