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Super Micro Computer Shares Dive On Planned Stock Sale – Investor's Business Daily

super microcomputer (SMCI) shares plunged Tuesday after the data center specialist announced an initial public offering. X The San Jose, California-based company announced it will sell an additional 2 million shares of its common stock, bringing the total number of outstanding shares to more than 58.5 million. “The primary purpose of this offering is to […]

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, […]

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 […]