Cidara Therapeutics shares surge 30% after reacquiring flu treatment
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Reddit shares surge as it strikes content deal with OpenAI
Agreement comes as competition for high-quality data to underpin AI models intensifiesFinancial Times - Business -
Biogen and Ionis Pharma shares slide as they end development of ALS treatment
The move comes after early-stage trial failed to result in a clear signal it slowed the disease process.MarketWatch - Business -
Walmart’s stock surges to record after a grand-slam earnings report
Walmart’s stock rallied into record territory Thursday, after the discount retail giant hit a grand slam with its fiscal first-quarter earnings report, boosted by a big jump in e-commerce sales.MarketWatch - Business -
Canada Goose jumps 16% after the company reports growth surge in China
Shares of Canada Goose soared 16% on Thursday after the apparel company reported better-than-expected revenue and earnings for its fiscal fourth quarter.CNBC - Business - China -
Reddit shares surge on OpenAI ChatGPT deal, on pace for biggest gain since March
Shares of Reddit Inc. soared 15.3% Friday, lifted by the company’s deal with OpenAI, putting the stock on pace for its biggest gain since March 25, 2024, when it rose 30% Dow Jones Market Data show.MarketWatch - Business -
Bank of America forecasts an upturn after the worst performance for 30-year bonds in over 100 years
The total return on 30-year bonds has declined by 45% since April 2020, the worst four-year loss in over 100 years, according to strategists at Bank of America.MarketWatch - Business -
30-year Treasury yield falls for 3rd straight week after data indicate ‘serious headwinds’ for U.S. economy
Rates on U.S. government debt finished slightly higher on Friday even after new Conference Board data pointed to softer economic conditions ahead. However, yields finished lower for the week, with the 30-year rate experiencing its third straight ...MarketWatch - Business -
Surging Hospital Prices Are Helping Keep Inflation High
Hospital prices last month notched their highest increase in 13 years. The hikes are a reason U.S. inflation remains elevated.The Wall Street Journal - Business -
Advisers worry as social media investment scams surge
Trusted figures often used to persuade people to put money into fraudulent schemesFinancial Times - World -
FDA approves Amgen's treatment for most deadly form of lung cancer
The FDA cleared the Amgen drug, called Imdelltra, as a treatment for patients with advanced small-cell lung cancer.CNBC - Business - FDA -
Amgen gets FDA approval for small-cell lung-cancer treatment
Amgen on Thursday received approval from U.S. regulators for its drug to treat a form of late-stage lung-cancer.MarketWatch - Business - FDA -
Graduate workers in California to strike over treatment of Gaza protesters
Widespread disruption expected after workers vote to hold series of strikes, starting Monday with UC Santa Cruz. California’s huge university system is facing widespread disruption after workers voted to hold a series of strikes in protest of its ...The Guardian - World - California -
GameStop shares fell 20% after the videogame retailer said that it would sell up to 45 million more shares and that sales were continuing to slide sharply.
GameStop shares fell 20% after the videogame retailer said that it would sell up to 45 million more shares and that sales were continuing to slide sharply.The Wall Street Journal - World -
Tokyo battles surge of destructive raccoons that went from pet to pest
Hotline set up in Japan’s capital to report sightings of raccoons, which became popular as pets after success of 1970s TV anime series. Having won the battle to tackle Tokyo’s population of giant, ravenous crows, the city’s authorities are now ...The Guardian - World -
Nickel price surges as New Caledonia riots raise concerns over supply
Industrial metal critical in electric vehicle batteries climbs almost 7%Financial Times - Business -
After Adobe collapse, Figma deal allows employees to sell shares at $12.5 billion valuation
Figma on Thursday announced a tender offer that will allow current and former employees to sell shares at a valuation of $12.5 billion.CNBC - Business -
AI infrastructure startup CoreWeave raises $7.5 billion in debt deal led by Blackstone
CoreWeave's $7.5 billion debt financing follows a $1.1 billion funding round the startup announced two weeks ago.CNBC - Business -
GameStop shares fall 20% after it files to sell additional stock, says first quarter sales dropped
GameStop said it plans to sell securities and reported preliminary results that showed a drop in first-quarter sales.CNBC - Business -
GameStop’s stock slides premarket after company issues profit warning, files to issue more shares
GameStop Corp.’s stock fell 19% early Friday, after the videogame retailer and key meme stock issued a profit and sales warning for the first quarter and filed to sell new shares.MarketWatch - Business -
GameStop to sell up to 45mn new shares after latest ‘meme stock’ rally
Video games store operator announces preliminary results showing expectations of further drop in net salesFinancial Times - Business -
EasyJet expects summer demand to lift earnings after a narrowed first-half loss, but the airline's outlook for the end of the year weighed on its shares.
EasyJet expects summer demand to lift earnings after a narrowed first-half loss, but the airline’s outlook for the end of the year weighed on its shares.The Wall Street Journal - World -
Walmart surges to all-time high as earnings beat on high-income shopper, e-commerce gains
Walmart, the nation's largest retailer and private employer, is often seen as a bellwether for the U.S. economy and saw sales jump 6% in the quarter.CNBC - Business -
Rents just surged 10% in this affordable housing market. It was ‘bound to happen,’ one economist says.
Renters are swapping high-cost cities with expensive rentals for more affordable markets, a Redfin report found.MarketWatch - Business -
12:30 Report — Michael Cohen’s feisty testimony
{beacon} 12:30 REPORT Happy Thursday! Promise me one thing today — Keep reading for the adorable ESPN video of a little girl not knowing what to do with cotton candy. It is a confusing food. (I guess we can count that as a food?) Anyway, here’s ...The Hill - Politics -
Individual investors made 30% of GameStop trades on Monday
As the stock prices of GameStop and AMC skyrocket, so does the number of people trading those shares.MarketWatch - Business -
Paul Pelosi attacker sentenced to 30 years
Nancy Pelosi has not discussed the attack with her husband, whose skull was fractured with a hammer.BBC News - Top stories -
Paul Pelosi's Attacker Receives 30-Year Sentence
David DePape was found guilty on federal charges in the assault of Nancy Pelosi’s husband and attempted kidnapping of the former House speaker.The Wall Street Journal - World -
Paul Pelosi attacker sentenced to 30 years in prison
David DePape, the man convicted of attacking former House Speaker Nancy Pelosi's husband with a hammer inside their San Francisco home in 2022, was sentenced to 30 years in prison on Friday. CBS News congressional correspondent Scott MacFarlane ...CBS News - Top stories -
Divesting shares: does it work?
Offloading shares for moral reasons needs to be part of an overarching strategyFinancial Times - World -
Replit cuts staff by 30 amid aggressive AI push in software development
Replit, a cloud-based software development platform, lays off 30 employees as it focuses on integrating AI into its coding tools, aiming to make programming more accessible.VentureBeat - Tech -
Why a 30-year-old song propels the Knicks’ playoff hopes
Inspired by a jingle and recorded in a closet, "Go NY Go" has been firing up the Garden for more than 30 years.ESPN - Sports -
12:30 Report — Inside the House's late-night drama
{beacon} 12:30 REPORT Happy Friday! Season 3 of Bridgerton is out and I’m SO excited. Here’s what’s happening today: House lawmakers erupted into a verbal brawl last night during a hearing. It was wild. Just watch the video. That’s all I’ll say. ...The Hill - Politics -
Pelosi family speaks out after Paul Pelosi attacker sentenced on federal charges
The man convicted of breaking into Paul Pelosi's home and attacking him with a hammer received his federal prison sentence on Friday.ABC News - Top stories -
David DePape sentenced to 30 years in Paul Pelosi hammer attack
The man convicted of attempting to kidnap then-House Speaker Nancy Pelosi and attacking her husband with a hammer was sentenced to 30 years in prison Friday morning.CBS News - Top stories -
David DePape, Who Attacked Paul Pelosi With Hammer, Sentenced to 30 Years
David DePape, convicted in November on federal charges, also faces a state trial that is set to begin this month.The New York Times - Top stories -
David DePape, who bludgeoned Nancy Pelosi’s husband, sentenced to 30 years
DePape, a rightwing conspiracy theorist, broke into the Pelosis’ San Francisco home in 2022 and hit Paul Pelosi with a hammer. David DePape, a rightwing conspiracy theorist who broke into Nancy Pelosi’s northern California home in 2022 and ...The Guardian - World -
Man who attacked Pelosi's husband with a hammer sentenced to 30 years
The man charged with assaulting former Speaker Nancy Pelosi’s (D-Calif.) husband in 2022 was sentenced Friday to 30 years in prison. David DePape, 44, broke into Pelosi’s California home and violently attacked her husband, Paul Pelosi, with a ...The Hill - Politics