Articles

Nio’s stock drops after quarterly results and revenue outlook disappoint, despite record deliveries.

It was the third failed trial for the therapy, called dalzanemdor, which also failed to meet its goals in a Phase 2 trial as a treatment for mild cognitive impairment and mild dementia in Alzheimer’s disease.

The drug company had been searching for a new chief scientific officer since July with Mikael Dolsten leaving after 15 years at the company.

AI chip suppliers are enjoying a spending boom from ‘hyperscalers,’ which in turn use the technology to boost sales and profits.

The chances of another rate cut this year by the Bank of England has diminished after data showed an acceleration in the pace of Britain’s inflation last month.

Target’s stock set to suffer worst day in more than two years after profit, revenue, comparable sales and the outlook were all below expectations.

The S&P 500 has bounced from its drop last week, a decline that had eroded its U.S. election bump without knocking the index off course toward a potentially big 2024 gain.

Mortgage applications rose 1.7% in the last week, the Mortgage Bankers Association said.

Hedge funds are picking up stocks in nuclear power producers in seeking to capitalize on the artificial intelligence boom, new analysis from Goldman Sachs shows

The fund manager AllianceBernstein looked at periods where the top 10 stocks dominated over the last three decades.

With bitcoin touching all-time highs again, investors are more confident that the latest bull run will be more sustainable compared to previous cycles, with subdued volatility as the crypto industry matures with increased institutional adoption. 

A former Nomura employee has been charged with robbery, attempted murder, and arson of an inhabited building following an incident at an elderly client’s home in Hiroshima