Macy's Inc (M) Stock Price Today
Amgen downgraded after Novartis trial failure raises doubts on cholesterol drug prospects
Investment firm BMO Capital downgraded Amgen's stock from "Outperform" to "Market Perform" following a major clinical trial failure by Novartis for a similar cholesterol drug. Novartis' drug pelacarsen failed in a late-stage Phase III trial, casting ...
Curaleaf rebuts Aurora's claims, defending its $5B acquisition offer as fair and beneficial for shareholders.
Curaleaf Holdings has released a detailed fact sheet countering Aurora Cannabis's criticisms of its $5 billion acquisition proposal. Curaleaf argues its offer includes one of the highest premiums in Canadian M&A history and highlights Aurora's poor f...
Intel shares jump 5% on leading High-NA EUV chip production milestone with ASML's support.
Intel's stock rose 5% following a milestone of processing over one million wafers using advanced High-NA EUV technology from ASML, positioning Intel years ahead in chip manufacturing innovation. ASML and Taiwan Semiconductor also gained 3% amid stron...
SciBase secures $0.6M order to speed up clinical studies with Castle Biosciences on skin disease detection.
SciBase Holding AB has received an additional order worth approximately $0.6 million from Castle Biosciences to accelerate an ongoing clinical study and prepare for a second study. The collaboration focuses on using SciBase's AI-based Nevisense Go de...
Ramaco Resources execs to present at UBS and Jefferies investor conferences in NYC
Ramaco Resources announced that its senior management will participate in the UBS Global Materials Conference on September 9 and the Jefferies Global Industrials Conference on September 10 in New York City. CEO Randall Atkins and CFO Jeremy Sussman w...
ADP expands partnership with AWS to enhance AI-driven HR and payroll solutions globally.
ADP and Amazon Web Services (AWS) have expanded their strategic partnership to combine ADP's 77 years of HR and payroll expertise with AWS's cloud and AI technologies. This collaboration aims to help ADP's 1.1 million clients across 140 countries man...
Long-term U.S. Treasuries post worst decade since Great Depression, signaling a rare buying opportunity.
Long-duration U.S. Treasury bonds have experienced their worst 10-year returns since before World War II, with annualized losses of about 2%. This decline was driven by rising interest rates starting in 2022 after a period of historically low yields ...
S&P 500 faces correction risk amid high valuations, geopolitical tensions, and rising energy prices
The S&P 500 is at risk of a market correction due to several factors including geopolitical tensions, elevated energy prices driving inflation, and a historically high CAPE ratio of 41.41, comparable to dot-com bubble levels. Technical indicators lik...
Quantum stocks Rigetti and D-Wave jump after US Commerce takes equity stakes via CHIPS Act funding.
The US Commerce Department took minority equity stakes in quantum computing firms Rigetti and D-Wave as part of $100 million CHIPS Act funding awards to accelerate their quantum research. Rigetti's shares rose 6% and D-Wave's climbed 5%, reflecting i...
Scinai ends PC111 deal, refocuses on NanoAb platform and CDMO growth without extra PC111 funding.
Scinai Immunotherapeutics has concluded its option and license agreements with PinCell for the PC111 program, choosing not to pursue further funding or extension. The company will now focus its resources on advancing its NanoAb platform and expanding...
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