Madrigal Stock Soars On FDA Approval For The First MASH Treatment – Investor's Business Daily
After a bumpy road madrigal pharmaceutical (MDGL) has received Food and Drug Administration approval for the first-ever MASH treatment, Rezdiffra. Madrigal shares rose by double digits at midday Friday as analysts raised their price targets. X Rezdifla, formerly known as Resmetilom, is the first approved treatment for steatohepatitis associated with metabolic dysfunction. In this condition, […]
Sanders gets heated in exchange with Fox Business reporter over proposed 32-hour workweek
Sen. Bernie Sanders (I-Vt.) was furious when a Fox Business reporter asked him about a bill that would create a 32-hour work week. “Can we talk about the 32-hour work week?” FOX Business reporter Hilary Vaughn asked Sanders, who then asked which media outlet he worked for. Additionally, Vaughn said Democrats appear to want to […]
Adobe Stock Falls On Lackluster Outlook After First-Quarter Beat – Investor's Business Daily
Digital media and marketing software company adobe (adobe) late Thursday beat Wall Street’s expectations for the fiscal first quarter, but gave a tepid outlook for the current fiscal year. Adobe stock fell in after-hours trading. X The San Jose, California-based company had revenue of $5.18 billion and adjusted earnings per share of $4.48 for the […]
Soft Retail Sales Keep Alive Fed Rate-Cut Hopes – Investor's Business Daily
Retail sales rebounded weaker than expected in February, but new jobless claims fell to very low levels and prospects for Federal Reserve interest rate cuts are mixed. Producer price index data also showed a mixed picture for the Fed’s key inflation measure, the core PCE price index. X S&P 500 futures remained marginally higher after […]
Hunter Biden refuses to attend House hearing with former business associates
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Dow Jones Futures: Oracle, Nvidia Drive S&P 500 To Record Close; 5 Stocks Flash Buy Signals – Investor's Business Daily
Dow Jones futures were little changed overnight, along with S&P 500 futures and Nasdaq futures. X Stock market gains defied higher-than-expected core CPI inflation on Tuesday. oracle (ORCL) There is a gap in earnings, Nvidia (NVDA) bounce. Large-cap tech stocks led the S&P 500 to a closing high, but market breadth was weak. ServiceNow (now), […]
Pfizer bets on cancer drugs to recover from COVID business declines
Pfizer is ramping up its involvement in cancer drugs after a tumultuous year marked by a rapid decline in its coronavirus business. During a four-hour investor event last week, Pfizer announced that it was advancing its efforts to “accelerate breakthroughs that help cancer patients around the world live better and longer lives.” CNBC. The company […]
Business owners threaten to stop paying taxes until Oakland addresses devastating crime
Some business owners in Oakland are threatening to stop paying taxes until the city takes action to combat worsening crime that threatens their livelihoods. Jose Ortiz, owner of La Perla Puerto Rican Cuisine, told KNTV-TV that his restaurant has been robbed at gunpoint twice in the past two years alone. He said business is down […]
Dow Jones Futures: Meta, Nvidia, Super Micro Slide; CPI Inflation Report Looms – Investor's Business Daily
Dow Jones futures, S&P 500 futures and Nasdaq 100 futures were little changed ahead of Tuesday’s stock market open.leader in artificial intelligence Nvidia (NVDA) and super microcomputer (SMCI) Magnificent Seven stock continued to fall on Monday. meta platform (Meta) sold rapidly. X Late Monday, the AI giant oracle (ORCL) became the driving force behind profits. […]
Stock Market Today: Meta Falls Hard, Nvidia Slips Again But Indexes Trim Early Losses – Investor's Business Daily
The major stock market indexes fell sharply today, but the losses were quickly reduced and the deficit was kept at a moderate level. Facebook parent meta platform (Meta) A fellow Magnificent Seven player gave me a bad blow. Nvidia (NVDA) managed to write off some of its losses after being shaken earlier. After Hours, Database […]