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What’s Going On With Fattly Liver Disease Focused Madrigal Pharmaceuticals, Sagimet Biosciences Shares On Wednesday?

By Vandana Singh
June 5, 3:17 PM
Madrigal Pharmaceuticals and Sagimet Biosciences shares fall following Eli Lilly's presentation at the EASL Liver Congress 2024. Phase 2 tirzepatide trial shows promising results for MASH treatment. Further trials needed to confirm efficacy and safety.

AKRO

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Novo Integrated Sciences Wholly Owned Canadian Subsidiary, Acenzia, Selected To Participate In Protein Industries Canada Program To Develop Plant Based Protein Products; Project Investment Amounts Expected To Total $5.4M With Acenzia Investing $600K, P…

By Benzinga Newsdesk
June 5, 3:01 PM
Project investment amounts expected to total $5.4 million with Acenzia investing $600 thousand, Protein Industries Canada investing $2.3 million, and two other partner companies investing $2.5 millionNovo Integrated

NVOS

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EVgo’s Focus On High-Traffic Locations Positions It As An Attractive Charging Operator, Says analyst

By Shivani Kumaresan
June 5, 2:56 PM
Benchmark analyst Michael Legg has initiated coverage on EVgo with a Buy rating and a $3 price target. EVgo operates 3,240 stalls across 35 states, with plans to add 800 stalls annually. The analyst expects significant financial growth through 2025, with EVgo achieving positive EBITDA by year-end.

EVGO

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Snowflake CEO Targets AI Acquisitions To Boost Growth: Report

By Shivani Kumaresan
June 5, 1:33 PM
Snowflake Inc's new CEO, Sridhar Ramaswamy, is focusing on AI acquisitions to compete with rivals like Databricks and major cloud companies. Despite failing to purchase Reka AI, Snowflake is integrating AI talent, including 35 employees from TruEra. Ramaswamy aims to boost revenue growth through strategic AI investments, crucial as sales growth slows.

AMZN

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What’s Going On With Toyota Motor Shares Today?

By Nabaparna Bhattacharya
June 5, 1:29 PM
Toyota Motor shares are sliding today. The NHTSA said on Tuesday that Japanese automaker is recalling over 100,000 vehicles in the U.S. over concerns that debris in its engines might cause them to stall and cause loss of driving power. But positive news emerges with a $282 million investment in its Huntsville plant, boosting production and creating new jobs.

DIVD