Rio Tinto To Initiate Largest European Lithium Project By 2028
Serbia to approve Rio Tinto's Jadar project, providing Europe with lithium for EVs. Despite environmental concerns, project could boost GDP.
Japan Pharma Giant Takeda’s Anti-Seizure Treatment Flunks In Two Late-Stage Studies
Takeda Pharmaceutical released topline data from its Phase 3 studies, SKYLINE and SKYWAY, on Soticlestat for refractory Dravet and Lennox-Gastaut syndromes
Wells Fargo’s Co-Branded Credit Card Strategy For Rent Payment Faces Challenges, Puts Financial Strain
Wells Fargo's partnership with Bilt Technologies is proving costly, with the bank losing up to $10 million monthly. The co-branded credit card, initially aimed at expanding Wells Fargo's credit-card business, is under renegotiation due to financial strain.
AstraZeneca Says Calquence/Chemo Combo Data Shows Additional 16.8 Months Without Disease Progression In Patients With Certain Type Of Blood Cancer
AstraZeneca shares data from the ECHO Phase 3 trial on Calquence plus bendamustine and rituximab in untreated mantle cell lymphoma patients over 65.
Benzinga Bulls And Bears: GameStop, Apple, Tesla, Bitcoin And Raoul Pal’s Dogecoin ETF Prediction
Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories.
Inflation Cools In May, Fed Hints At Slower Pace Of Rate Cuts, Stocks Hit New Record Highs: This Week In The Market
Wall Street resilient as tech stocks reclaim dominance with record highs for S&P 500 and Nasdaq 100, driven by tech giants like Apple, Nvidia, and Microsoft. Fed's updated projections and cooler inflation reports contribute to hopes for rate cuts. Broadcom's AI chip demand boosts stock, while Apple's WWDC 2024 innovations lead to higher iPhone sales projections. Economist declares victory over inflation, while GameStop stock surges.
Semiconductors Hit Record Highs As Industry Reaches $6.3 Trillion: 5 Chip Stocks That Outpaced Nvidia This Week
Semiconductor industry reaches $6.3 trillion valuation driven by AI. Nvidia becomes 3rd largest company. Broadcom, Arm, and Qorvo top gainers.
Exxon Mobil’s Nigerian Asset Sale To Seplat Nears Completion As Court Case Clears
Seplat Energy aims to wrap up $1.28B acquisition of Exxon Mobil's Nigerian oil assets despite regulatory delays and court proceedings by NNPC.
Vodafone Offloads India’s Indus Towers Stake To Trim $2.3B Debt
Vodafone plans to sell its $2.3B stake in Indus Towers next week to repay debt. Bank of America, Morgan Stanley, and BNP Paribas will handle the sale.
French Stocks Set For Worst Week Since Russia’s War In Ukraine, Yields Versus Bund Hit 12-Year Highs On Snap Election Jitters
The French stock market is on track to register its worst weekly performance since late February 2022.