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Ticketmaster cuts 8% of workforce despite Live Nation's strong Q1 ticket sales
Ticketmaster has laid off 350 employees, about 8% of its global staff, mainly in engineering, product, and design roles, shortly after Live Nation reported strong Q1 revenue of $3.79 billion, beating estimates. Despite this, Live Nation posted a Q1 o...
Over 25 pharma firms advance 30+ PARP inhibitors in clinical trials for cancer treatment.
More than 25 pharmaceutical companies are actively developing over 30 PARP inhibitor drugs, targeting cancers like breast, prostate, and solid tumors. These drugs work by blocking DNA repair in cancer cells, leading to cell death, especially in tumor...
StreamTV Show 2026 unveils its largest, most immersive market floor with top streaming and tech brands.
StreamTV Show 2026, held June 16-19 in Denver, will feature the streaming industry's largest and most immersive market floor yet, with major players like Google, LG, and Vizio showcasing expansive brand experiences. Cineverse will present the biggest...
Nasdaq 100 hits records as oil prices drop on Iran Hormuz deal hopes
The Nasdaq 100 reached new record highs while crude oil prices fell nearly 3% amid optimism that Iran may accept a U.S. proposal to reopen the Strait of Hormuz, easing geopolitical tensions. WTI and Brent crude dropped to their lowest levels in nearl...
Palantir stock rises on strong Q1 results and a new U.S. Army collaboration to boost defense tech integration.
Palantir Technologies shares rose 3.52% following the company's announcement of joining a U.S. Army hackathon to enhance defense system interoperability. The company also raised its 2026 revenue guidance to $7.65-$7.66 billion, surpassing analyst est...
Medicare to offer Wegovy for obesity at $50/month starting July 2026
Starting July 1, 2026, eligible Medicare patients with obesity can access Wegovy (semaglutide) for a $50 monthly copay through the new Medicare GLP-1 Bridge program. This initiative, in partnership with Novo Nordisk, covers all Wegovy doses and forms...
Meta starts paying creators in USDC stablecoin via Solana and Polygon blockchains, reshaping digital payments.
Meta has begun paying content creators in USDC, a dollar-backed stablecoin, using crypto wallets on the Solana and Polygon blockchains. This move, initially available in Colombia and the Philippines, is set to expand to over 160 countries by year-end...
IBM reveals major AI productivity boosts and nears quantum computing breakthrough at Think 2026.
At its Think 2026 conference, IBM announced significant AI productivity improvements, with a 45% gain among its developers and a projected 42% boost for enterprises by 2030. The company highlighted $4.5 billion in internal productivity gains and intr...
Law firm investigates enGene Therapeutics after stock drops on disappointing trial results
Johnson Fistel, PLLP is investigating potential claims for investors of enGene Therapeutics following the company's disclosure of less favorable results from its Phase 2 trial for a bladder cancer treatment. The updated data showed lower complete res...
State Street's KOMP ETF offers up to 28% return by investing in innovative tech sectors.
The State Street SPDR S&P Kensho New Economies Composite ETF (KOMP) focuses on innovative technologies across various sectors, combining tech exposure with broad diversification. Since the last report, KOMP delivered a 12% total return and is project...