Top Stories Archives - Page 71 of 1424

2 minute read

FDA Expands Approval For Bristol Myers Squibb’s Breyanzi, Making CAR T Cell Therapy Available For Broadest Range Of B-Cell Malignancies

May 31, 2:14 PM

FDA approves Bristol Myers Squibb's Breyanzi (lisocabtagene maraleucel) for relapsed or refractory mantle cell lymphoma, marking its fourth non-Hodgkin lymphoma subtype indication.

BMY

2 minute read

Novartis Sues to Block Maryland’s New Drug Discount Law

By Vandana Singh

May 31, 2:12 PM

Novartis has filed a lawsuit to block a Maryland law requiring drugmakers to offer discounts on drugs through third-party pharmacies contracting with hospitals and clinics.

NVS

2 minute read

Novo Nordisk Sues Additional US Clinics Against Fake Semaglutide Products Used For Weight Loss, Diabetes

By Vandana Singh

May 31, 2:08 PM

Novo Nordisk has filed lawsuits against nine additional U.S. medical spas, wellness clinics, and pharmacies for selling impure or falsely labeled semaglutide products.

LLY

2 minute read

Pfizer Highlights ‘Unprecedented’ 5 Year Data From Cancer Drug In Rare Form Of Advanced Lung Cancer

By Vandana Singh

May 31, 2:02 PM

Pfizer's Phase 3 CROWN trial results show Lorbrena significantly outperforms Xalkori in treating ALK-positive advanced NSCLC.

PFE

3 minute read

Costco ‘Firing On All Cylinders’: 6 Analysts Size Up Q3, Catalysts Of ‘Membership Fee Hike And Stock Split’

By Chris Katje

May 31, 1:54 PM

Analysts see Costco as a strong performer and market share taker in the retail space after third-quarter (Q3) results.

COST

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Tech Stocks Crumble As Wall Street’s 5-Week Rally Ends; Bonds Offer Safe Haven As Growth Worries Reemerge: What’s Driving Markets Friday?

By Piero Cingari

May 31, 1:44 PM

Bears knocked on Wall Street’s door again Friday, sending large-cap tech stocks lower despite the Fed’s favorite inflation measure meeting expectations.

BTC

2 minute read

Bitcoin Price After The Latest Inflation Data Could Follow These 2 Scenarios, Says Veteran Trader

By Ivan Crnogatić

May 31, 1:20 PM

Following the latest Personal Consumption Expenditures (PCE) data, the Federal Reserve’s preferred inflation metric, a veteran trader has pointed out the two main scenarios for Bitcoin (CRY

BTC

2 minute read

Moderna’s Scores FDA Approval For Its Second Product – Respiratory Syncytial Virus Vaccine

By Vandana Singh

May 31, 1:16 PM

FDA approves Moderna's mRESVIA (mRNA-1345), an mRNA vaccine for RSV, for adults 60+. The second approved mRNA product from Moderna.

MRNA

2 minute read

TikTok Halts European Expansion To Focus On US E-Commerce

By Shivani Kumaresan

May 31, 1:08 PM

ByteDance-owned TikTok has halted plans to expand its e-commerce platform in Europe, focusing on U.S. growth instead. Regulatory challenges in the U.S. and concerns over potential bans prompted the shift. TikTok aims to increase its U.S. merchandise volume to $17.5 billion in 2024, countering threats from regulatory actions and enhancing its affiliate program to boost presence.

AMZN

2 minute read

Bank Of America Strategist Shifts To Bonds: Stock Sell-Off Prophecy On Benign Inflation Comes True

By Piero Cingari

May 31, 12:41 PM

Bank of America's chief investment strategist turns bullish on bonds, expects stock market sell-off. Advises to buy dip in bonds and sell first cut for stocks.

QQQ