Top Stories Archives - Page 106 of 1424

1 minute read

Tango Therapeutics Shuts Early-Stage Cancer Study Due To Liver Toxicity

May 23, 12:53 PM

Tango Therapeutics halts its TNG348 program due to liver toxicity issues found in dose escalation studies. The company will now focus on its PRMT5 program and plans to update on TNG908 and TNG462 later this year.

AZN

2 minute read

An Ethereum ETF Could Return ‘Animal Spirits’ To Crypto Reminiscent Of The 10x DOGE, SHIB Runs In 2021, Predicts Trader

By Khyathi Dalal

May 23, 12:27 PM

In anticipation of a possible Ethereum (CRYPTO: ETH) spot ETF approval, crypto researcher The DeFi Villain stirred excitement by reminiscing about the unprecedented bull run and 2021 alt-season, suggesting that investors might need to prepare for

$BNB

1 minute read

Under Armour’s Turnaround May Take Time; Investors Should Wait For ‘Clearer Signals,’ Says Analyst

By Priya Nigam

May 23, 12:25 PM

Under Armour (UAA) reported revenue decline, received downgrade from JPMorgan. Analyst advises caution, company's restructuring plan may take time.

UAA

3 minute read

Semiconductor Surge: JPMorgan Bets AMD, Micron, Arm Will Drive Industry Optimism And AI Demand

By Surbhi Jain

May 23, 12:09 PM

Semiconductor industry entering upcycle, demand for AI and accelerated compute strengthening. Optimism about revenue prospects and cyclical improvements.

ALAB

2 minute read

Apple Supply Chain Includes ‘Blood Minerals’ From Congo: Lawyers

By Stjepan Kalinic

May 23, 11:52 AM

In an April notification to Apple CEO Tim Cook, the lawyers outlined concerns regarding this supply chain in the eastern DRC. They allege that armed groups are mining conflict minerals, including tin, tantalum, tungsten, and gold.

AAPL

2 minute read

US DOJ Sues Ticketmaster Parent In New Antitrust Suit, Live Nation Responds: ‘It Ignores Everything That Is Actually Responsible’

By Adam Eckert

May 23, 11:51 AM

Live Nation shares traded down in early trading on reports suggesting the DOJ and a group of states were preparing to file an antitrust lawsuit against the entertainment giant. The lawsuit has now officially been filed.

LYV

2 minute read

Scarlett Johansson’s Feud With OpenAI ‘Puts A Human Face’ On Hollywood’s AI Fears

By Rounak Jain

May 23, 11:37 AM

The ongoing dispute between Scarlett Johansson and OpenAI has rekindled Hollywood's apprehension about the potential threat of AI.

MSFT

2 minute read

Johnson & Johnson’s Bankruptcy Tactics Are Fraudulent, Plaintiffs Accuse Company Of Defrauding Cancer Victims

By Vandana Singh

May 23, 11:26 AM

Cancer victims have filed a lawsuit against Johnson & Johnson, accusing the company of fraudulently using a shell company's bankruptcy to evade lawsuits. The plaintiffs claim the "Texas two-step" maneuver was designed to protect J&J's assets from litigation.

JNJ

3 minute read

US Business Activity Resurges In May, Largest Rise In 2 Years, But Return To ‘Fed’s 2% Target Still Seems Elusive’

By Piero Cingari

May 23, 11:26 AM

US economy surges but input costs raise concerns about returning to Fed's inflation target. GDP projected to grow 3.6% in Q2. PMIs show expansions in services & manufacturing.

GLD

2 minute read

Nancy Pelosi’s Nvidia Payday: Cashed In Big, But Missed Out By Selling Early

By Chris Katje

May 23, 11:25 AM

Nancy Pelosi and her VC husband, Paul, missed out on potential profits from their Nvidia sale in July 2022

NANC