Darden Stumbles on Sales, But Analysts Stay Optimistic On Operational Execution: Here’s Why
Analysts reiterate ratings and price targets for Darden Restaurants (DRI) following Q4 earnings release. EPS beats, sales miss expectations.
Salesforce Integrates AI Tools, Investors Watch for Revenue Impact: Bloomberg
Salesforce integrates AI tools, but struggling to monetize them. Stock gained 11% in last 12 months. India division launched for growing market.
Taylor Swift And TikTok Rock Out With New Interactive Fan Experience
Dive into Taylor Swift's interactive TikTok experience celebrating The Eras Tour! Explore themed playlists, challenges, and artwork.
Cronos Cannabis Co. Will Provide $51M To GrowCo Toward Facility Expansion Fund
Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) announced on Thursday an expansion of Cronos Growing Company, a cannabis cultivation business that the Toronto-based company owns 50% of.The investment will be funded by a roughly $51 million (CA$70 million) secured non-revolving credit facility provided by Cronos. It will assist GrowCo's expansion of its purpose-built cannabis facility in Leamington, Ontario, that will produce high-quality cannabis flower, the company said in a press release., Under the four-year supply deal between Cronos and GrowCo and prior to the first sale of products from the newly constructed area, Cronos will have the option to buy roughly 80% of GrowCo's production. Once first sales from the newly constructed area occur, Cronos will have the option to purchase 70% of all GrowCo's supplies on an annual basis.
Johnson & Johnson’s Arthritis Drug Shows Potential In Crohn’s Disease
Johnson & Johnson announced that their Phase 3 GRAVITI study of Tremfya (guselkumab) SC therapy for Crohn's disease met all primary and secondary endpoints.
TotalEnergies Lights Up Nigeria’s Future With Ubeta Gas Field FID
TotalEnergies and NNPCL have made FID for Ubeta gas field in Nigeria. Production starts in 2027, with gas supplying domestic market and Nigeria LNG.
Here’s How Much You Would Have Made Owning Sterling Infrastructure Stock In The Last 15 Years
Sterling Infrastructure (NASDAQ:STRL) has outperformed the market over the past 15 years by 2.08% on an annualized basis…
Why The Bitcoin, Ethereum, Solana Pump Is ‘Delayed’
Crypto venture capitalist Andrew Kang sees the delayed Ethereum (CRYPTO: ETH) ETF causing market momentum to shift from upward to downward, particularly due to the lack of acute ETF inflows.
What’s Going On With Neurological Disease Focused Trevena On Thursday?
Trevena shares dropped 33.7% to $0.23 with a session volume of 23.65 million. Notably, TRV045 did not cause S1P1R desensitization or protein reduction, unlike fingolimod.
Why ImmunityBio Stock Is Trading Higher Thursday
The company announced insurance coverage of ANKTIVA, a immunotherapy used to treat non-muscle invasive bladder cancer that was unresponsive to other specific treatments.