(Bloomberg) -- Noubar Afeyan became a billionaire backing Moderna Inc., the dark horse biotech firm that became a household name due to its lifesaving Covid vaccine. He just added to his fortune after another one of his long-shot bets...
Nike (NKE) reported fourth quarter sales that topped Wall Street expectations, but profits came in lower than expected after the bell on Thursday.Nike stock was down about 3% after the report.Gross margins fell to 43.6% in the quarter ended...
The Dow Jones Industrial Average shrugged off rising yields as new inflation data looms. Famed fund manager Cathie Wood bought some chip stocks while she sold Tesla (TSLA). Warren Buffett stock Occidental Petroleum (OXY) rose after it emerged...
Eli Lilly (LLY) said Thursday it will buy its diabetes treatment partner, Sigilon Therapeutics (SGTX), and the biotech stock skyrocketed by triple-digits. X On the stock market today, Sigilon shares soared 438.2%...
There are success stories that excite. There are success stories that engage. And then there are success stories that electrify. Meet Gregory Jules, a remarkable entrepreneur who made an extraordinary shift from being a 17-year-old electrician to becoming a...
Dow Jones futures rose slightly after hours, along with S&P 500 futures and Nasdaq futures. Micron Technology (MU) reported earnings late. X The stock market rally had a narrowly mixed Wednesday after...
(Reuters) - BlackBerry posted a surprise profit for the first quarter on Wednesday as its cybersecurity business benefited from higher client spending, while its enterprise software continued to gain traction in automotive sector.U.S.-listed shares of the company rose 5.79%...
(Bloomberg) -- Joby Aviation Inc. jumped 40% Wednesday after a crucial green light from US regulators in its quest to build electrically powered air taxis.Most Read from BloombergPutin Claims He’s Back in Control. Russia’s Elite Isn’t SureQatar Group Now...
All 23 US banks that participated in a new Federal Reserve stress test would be able to withstand a severe global recession, demonstrating the strength of the biggest financial institutions at a time when the banking industry still is...
By Akash Sriram(Reuters) -Micron Technology beat estimates for third-quarter results on Wednesday, powered by demand for its memory chips from the rapidly-growing artificial intelligence sector and an easing supply glut in its traditional PC and smartphone markets.Shares of the...
