May 28, 2024
“Nvidia (NVDA) stock rose 9.3% on Thursday, closing above $1,000 for the first time and giving the chip giant a market cap north of $2.5 trillion after reporting first quarter earnings that once again blew away forecasts. Nvidia’s first quarter results, released… Continue Reading…
January 23, 2024
“Wayfair is cutting 13% of its global workforce as the digital home goods retailer continues its efforts to trim down its structure, cut out layers of management and reduce costs after going “overboard” with corporate hiring during the Covid pandemic, it… Continue Reading…
January 1, 2024
“Bristol Myers Squibb on Friday announced it agreed to buy biopharmaceutical company Karuna Therapeutics for $14 billion in cash, or $330 per share. Karuna’s stock closed up more than 47% on the news Friday, hitting $317.85 a share. Bristol Myers Squibb shares closed up 2%…”… Continue Reading…
December 23, 2023
“Shares of Google closed up 5% Thursday, a day after the company announced its latest artificial intelligence model called Gemini that will compete with products from OpenAI, Microsoft and Meta. The stock is on pace for its best day since Aug. 29. Wells Fargo’s trading desk said… Continue Reading…
September 8, 2022
“GameStop said Wednesday that quarterly sales declined and losses widened, as it burned through cash and inventory swelled. The video game retailer also disclosed a new partnership with crypto exchange FTX. Shares of the company rose more than 6% in premarket trading Thursday.… Continue Reading…
May 26, 2022
“Broadcom will buy VMware in a cash-and-stock transaction valued at $61 billion, based on the closing price of Broadcom common stock on May 25, 2022, the companies announced Thursday. The deal would be one of the largest technology acquisitions of all time, behind Microsoft’s pending $69… Continue Reading…
June 14, 2021
“Shares of iTeos Therapeutics Inc. ITOS, 30.79% soared 58.5% in premarket trading on Monday after the company announced a deal with GlaxoSmithKline GSK, +0.39% to develop and commercialize an experimental cancer therapy. GSK will make a $625 million upfront payment to iTeos, with an additional $1.4… Continue Reading…
December 2, 2020
“SOUTH SAN FRANCISCO, Calif., Nov. 30, 2020 /PRNewswire/ — Titan Pharmaceuticals, Inc. (NASDAQ: TTNP) (“Titan” or the “Company”) today announced that its Board of Directors has approved a 1-for-30 reverse stock split of the Company’s common stock, which will be effective at 5:00 p.m.… Continue Reading…
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