Newsfeeds Archive - Page 637 of 19074

2 minute read

Amazon and AI startup Hugging Face Partner to Enhance AI Model Efficiency

May 23, 12:54 PM

Amazon's cloud unit partners with AI startup Hugging Face to simplify running thousands of AI models on AWS's custom chips, valued at $4.5B.

AMZN

1 minute read

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

By Vandana Singh

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

NIO Down Over 8% On Thursday – What’s Going On?

By Nabaparna Bhattacharya

May 23, 12:48 PM

NIO shares plummet over 8%. The company's founder eyes European expansion amid concerns over potential EU tariffs on Chinese EVs, impacting broader market sentiment.

KGRN

1 minute read

Shares Of North Face, Vans Owner VF Corp Are Trading Lower Thursday: Here’s Why

By Dylan Berman

May 23, 12:42 PM

V.F. Corp released fiscal fourth-quarter earnings results on Wednesday after the market close. The North Face and Vans owner reported a loss of 32 cents per share, missing analyst estimates for earnings of 1 cent. The company also reported $2.4 billion in sales for the quarter, missing analyst estimates of $2.41 billion.

VFC

1 minute read

GoodRx Strengthens Core Business With New Initiatives, Analyst Upgrades On Potential Opportunities

By Vandana Singh

May 23, 12:38 PM

GoodRx has been upgraded by RBC Capital Markets due to the growth potential from the Integrated Savings Program, direct contracting initiatives, and manufacturing solutions expansion.

GDRX