Ahead of the U.S. Treasury auction, yields continued to climb. Markets traded lower on Tuesday, while Asia-Pacific markets opened lower in Wednesday morning trade. Samsung (SSNLF) managed to trade slightly higher, despite issuing a profit forecast for the fourth quarter that did not meet expectations. High U.S. treasury yields compete for investor money. Instead of…
GeneDx (NASDAQ: WGS) shares fell Wednesday. The company, a leader in delivering improved health outcomes through genomic insights, continues its investment in advancing scientific discovery through understanding gene-disease relationships, contributing to more than 85 peer-reviewed publications in 2024. These contributions, added to GeneDx’s years of dedicated research efforts, influenced the broadening of phenotypes, the discovery…
Delta Air Lines (NYSE:DAL) will link its lucrative SkyMiles loyalty program to Uber (NYSE:UBER) this spring, the companies announced Tuesday, as the airline ends its eight-year partnership with smaller ride-hailing rival Lyft (NASDAQ:LYFT). Once customer accounts are linked, Delta SkyMiles members can earn one mile per dollar spent on UberX airport rides, two miles for…
IGC Pharma, Inc. (NYSE:IGC) shares made small progress Wednesday, on word its ongoing Phase 2 trial for agitation in Alzheimer’s disease has been officially named CALMA (Calming Agitation in Alzheimer’s). The Potomac, Md.-based company says its trial’s new identity reflects its mission to address agitation, a syndrome affecting up to 76% of the 55 million…
UniFirst Corporation (NYSE: UNF) shares sprang up Wednesday, after releasing results for its first quarter ended November 30, 2024 as compared to the corresponding period in the prior fiscal year: The Wilmington, Mass.-based company reported consolidated revenues for the first quarter increased 1.9% to $604.9 million; operating income was $55.5 million, an increase of 4.5%….
Washington has its eyes on CATL, a battery supplier for electric vehicles, and Tencent (TCEHY), a gaming firm. Why are lawmakers calling those firms potential security threats to the U.S.? On Monday, the U.S. Department of Defense designated CATL and Tencent as linked to China’s military. The label hurts their reputation and could potentially hurt…
Technology stocks follow a seasonal pattern. In January, after the CES 2025 event wraps up, the lack of news led to weak performance for tech firms. In recent years, Nvidia (NVDA) broke this yearly occurrence as it traded steadily higher. Still, after Nasdaq (QQQ) fell by 1.89% to close at 19,489.70 on Tuesday, investors should…
Investors speculated on Covid vaccine firms. Despite the seasonal strength for flu-related vaccines ending, Moderna (MRNA) gained 11.65% to close at $47.53. Pfizer (PFE), BioNTech (BNTX), Arcturus Therapeutics (ARCT), and Novavax (NVAX) rallied. The Centers for Disease Control and Prevention announced respiratory illness data in the last week. Covid infections are more frequent alongside a…
Have I Got Sport for You’s Jon Richardson explains how Gareth Southgate upset the nation this summer.Have I Got Sport for You’s Jon Richardson explains how Gareth Southgate upset the nation this summer. BBC Sport
JPMorgan Chase (JPM) is planning to end hybrid work arrangements for its nearly 300,000 employees worldwide. According to multiple media reports, senior executives at the world’s largest bank are actively discussing plans to require all of the lender’s staff to return to the office five days per week. Most people at JPMorgan Chase are already…
