Biogen’s stock pops after earnings top estimates and company raises guidance

Biotech stock tumbles after unexplained 1,446% gain

Bright Minds Biosciences, which until this week had a lightly traded stock that traded at just over $1, tumbled in premarket trade on Wednesday following a meteoric rise.

Business - MarketWatch - October 16

Senate Republicans raise questions after funds for disaster loans exhausted

A group of GOP senators are pressing the Small Business Administration (SBA) for answers after officials said its disaster loan program exhausted its funds earlier this week in the aftermath of a ...

Politics - The Hill - October 18

Nigerian banks race to raise capital after order to bolster balance sheets

Central bank moves to promote stability in industry while country struggles with deteriorating economy

Business - Financial Times - October 20

Unity's new CEO pitches 'fundamentally different company' after rough year

Unity CEO Matt Bromberg, who joined in May, is overseeing his first big product launch since taking over the gaming software company.

Business - CNBC - October 17

At least 3 dead after a terrorist attack on Turkish defense company

The "terrorist attack" hit the headquarters of Turkish Aerospace Industries (TUSAS), one of Turkey's top defense companies, officials said.

Reddit shares soar after company turns first-ever profit

Monthly users rose by nearly half thanks to AI translation feature, and deals for AI training with Google and OpenAI boosted revenue. Reddit on Tuesday reported a quarterly profit for the first ...

World - The Guardian - 6 hours ago

Top US official warns of 'large uptick' in foreign spies targeting tech companies

The nation's chief counterintelligence officer, Mike Casey, is warning of a "large uptick" in foreign spies trying to secretly infiltrate U.S. tech companies.

Nokia Tempers Earnings Expectations After Sales Fail to Recover

Nokia tempered earnings expectations for the year amid a delayed recovery in sales, but said an improving gross margin and quick action on costs was helping offset some of the weakness.

Business - The Wall Street Journal - October 17

Netflix rose 11% after third-quarter earnings beat

Netflix saw momentum in its ad-supported membership tier, which surged 35% quarter over quarter.

Business - CNBC - October 18

Starbucks Shares Drop After Dismal Preliminary Quarterly Earnings

“We need to fundamentally change our strategy,” the coffee giant’s new chief executive said.

Business - The New York Times - October 23

Tesla shares jump on profit beat, Musk's prediction of at least 20% 'vehicle growth' next year

Tesla reported better-than-expected profit in its third-quarter earnings report on Wednesday.

Business - CNBC - 6 days ago

Tesla shares leap 22% after Musk predicts sales rebound

EV maker adds more than $150bn in market value after billionaire says sales may increase as much as 30% next year

Business - Financial Times - 6 days ago

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