Large Cap Archives - Page 11 of 437

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Nasdaq 100 Reaches Record Highs, Service Sector Strength Alleviates Economic Slowdown Concerns, Magnificent 7 Hits $15 Trillion Valuation: What’s Driving Markets Wednesday?

June 5, 1:43 PM

Wall Street rallied Wednesday as the services activity gauge indicated a stronger-than-expected expansion in May, pushing back fears of an economic slowdown which surfaced in recent days.

AMC

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Post UnitedHealth Cyberattack, Community Health Centers Face Prolonged Disruption

By Vandana Singh

June 5, 12:57 PM

Community health centers face operational and financial challenges three months after a cyberattack on UnitedHealth Group's tech unit disrupted services.

UNH

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British Agency Supports Eli Lilly’s Weight Loss Drug Mounjaro, Diverging From Restrictions on Rival Novo Nordisk’s Wegovy

By Vandana Singh

June 5, 12:21 PM

NICE recommends Eli Lilly's Mounjaro for obesity, omitting time limits applied to Novo Nordisk's Wegovy, opening new avenues for long-term treatment.

LLY

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Equinor Executes Offtake Agreement For Empire Wind 1: Details

By Lekha Gupta

June 5, 12:10 PM

Equinor has finalized an agreement with NYSERDA for renewable power from its Empire Wind 1 offshore wind project, further solidifying its progress towards powering 500,000 New York homes with renewable energy.

EQNR

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Suriname Oil Boom On the Horizon: TotalEnergies, APA Near FID for Block 58

By Lekha Gupta

June 5, 11:17 AM

TotalEnergies, APA Corp., and Staatsolie have made progress towards FID for developing offshore Block 58, with production starting in 2028.

APA

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Bank Of Canada Cuts Rates By 0.25% As Policy ‘No Longer Needs To Be Restrictive’: Canadian Stocks Rally, Loonie Drops

By Piero Cingari

June 5, 10:31 AM

Bank of Canada lowers interest rates by 25 basis points in response to easing inflation, with Canadian stocks and dollar reacting accordingly.

EWC

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National Institutes of Health Kickstarts Gilead Sponsored Trials For Twice-Yearly HIV Prevention Injection

By Vandana Singh

June 4, 3:57 PM

The US National Institutes of Health has launched two clinical trials to test a new long-acting form of HIV PrEP in cisgender women and people who inject drugs. These mid-stage studies will evaluate the safety and pharmacokinetics of lenacapavir, a bi-annual injectable antiretroviral drug.

GILD

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Open Letter For AI Companies Calls For Better Transparency, Protections For Whistleblowers

By Vandana Singh

June 4, 3:53 PM

The letter signed by current and former employees at OpenAI, Anthropic, and Google DeepMind, said AI can exacerbate inequality, increase misinformation and allow weapons systems to become autonomous and cause significant death.

GOOG

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Sanofi Highlights Data From Blood Cancer Drug Sarclisa In New Diagnosed Multiple Myeloma Patients

By Vandana Singh

June 4, 3:18 PM

Sanofi's phase 3 IMROZ study shows Sarclisa with VRd significantly improves progression-free survival in newly diagnosed, transplant-ineligible multiple myeloma patients.

SNY

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TC Energy Shareholders Approve Spin-Off Of Liquids Pipeline Business: Report

By Lekha Gupta

June 4, 1:23 PM

Shareholders approve creation of new energy infrastructure company, South Bow Corp, which will hold assets like Keystone pipeline. TC Energy CEO says spin-off will maximize value.

ATMP