U.S. Stocks Fall After Russian Mercenary Revolt
U.S. stocks closed lower on Monday as markets were rocked by the brief uprising of Wagner, a Russian mercenary force. The Dow Jones Industrial Average fell around 11 points or...
Read moreNext-Generation Drugs for Obesity and Diabetes
Wall Street's keen interest in next-generation treatments for obesity and diabetes has intensified following the release of new clinical-trial data by pharmaceutical companies. The data includes weight-loss pills in development...
Read moreThe Rise in Demand for DRAM Memory Chips
Developing and applying large language models for generative artificial intelligence requires massive computing power. Nvidia has seen a 175% rally in stock prices due to the computing power required for...
Read moreMoody’s Analyst Warns of Risk for Banks in FedNow Initiative
A Moody's analyst has warned that the Federal Reserve's forthcoming FedNow initiative to enable faster payments could bring further risk for banks. The system, set to launch in July, will...
Read moreOneok-Magellan Merger Hits a Roadblock
The $18.8 billion deal by Oneok to merge with Magellan Midstream Partners has encountered some unexpected challenges since it was announced in May. While the deal appeared to be a...
Read moreFibroGen Share Drop After Failed Trial
FibroGen, a pharmaceutical company, experienced a major drop in its share prices after the announcement of its failed Phase 3 trial of pamrevlumab for treating idiopathic pulmonary fibrosis. The shares...
Read moreFourth of July Travel Set to Break Records
More than 50 million people are expected to travel this upcoming Fourth of July weekend, breaking records and highlighting Americans' post-pandemic thirst for experiences, according to new projections by AAA....
Read moreEuropean Stocks Mixed Performance
European stocks experienced mixed performance on Monday. The Stoxx Europe 600 index (SXXP) decreased by 0.10% to 452.68, while the French CAC 40 index (PX1) rose 0.29% to 7,184.35. Meanwhile,...
Read moreDaily Weighted Average Purchase
Daily Weighted Average Purchase Here is the daily weighted average purchase for transactions made on the market on different dates. Market Transaction Details Table shows the type of market transaction...
Read moreHonda Recalls 1.2 Million SUVs and Minivans Due to Rearview Camera Issue
Honda Motor Co. has announced that it is recalling approximately 1.2 million sport-utility vehicles and minivans. This recall is due to the rearview camera malfunction, which may not appear on...
Read moreWANdisco’s Permanent CEO and CFO Roles
WANdisco has revealed that interim CEO Stephen Kelly and interim CFO Ijoma Maluza will become permanent if the $30 million equity fundraise is successfully completed as the company undertakes a...
Read moreChild Actor Adam Rich Dies at 54
The death of child actor Adam Rich, famous for his role in the family show "Eight Is Enough," has been ruled an accident by the Los Angeles County medical examiner...
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