Veradermics Stock Gains 4% After Positive Phase 3 Hair-Loss Results
MANE closes 4.05% higher after Veradermics reports positive Phase 3 results for oral VDPHL01, while longer-term data and regulatory hurdles remain.
Latest Posts
CoreWeave Stock Drops Over 6% a Day After Goldman Upgrade
CoreWeave falls as much as 6.4% early Tuesday after Goldman’s Buy upgrade, as investors continue weighing AI infrastructure returns and financing costs.
Fed Expected to Hold Rates in October and Raise Them in December, Reuters Poll Shows
A Reuters poll finds 94 of 100 economists expect an October Fed hold, while all forecast a December increase as inflation pressures persist.
Amazon Plans Over €16 Billion Investment in Germany for 2027
Amazon plans over €16 billion in German investment in 2027, including €4.8 billion for AWS Frankfurt, alongside satellite internet, logistics and Prime Video.
Sign up for
Newsletters
Bank of America Added 1,000 Contractors to Patch AI-Exposed Software Flaws
Bank of America added 1,000 contractors after AI models including Mythos exposed software flaws; its disclosed remediation costs also include AML work.
GM Beats Q3 Estimates and Authorizes $20 Billion Stock Buyback
GM beats Q3 estimates and authorizes a $20 billion buyback, but shares fall in premarket trading as investors assess narrower earnings guidance and costs.
GE Aerospace Beats Q3 Estimates and Raises 2026 EPS Outlook to $8–$8.10
GE Aerospace reports $2.25 in adjusted EPS and $13.29 billion in adjusted revenue, beating estimates and lifting its 2026 profit forecast as services grow.
ARK Invest Sees Tesla Stock at $4,400 by 2031 as Robotaxis Drive Valuation
Cathie Wood’s ARK Invest projects Tesla shares at $4,400 in 2031, nearly 12 times Monday’s close, with robotaxis driving most of its modeled valuation.
Jio IPO Draws $26.3 Billion in Anchor Bids as BlackRock and GIC Join
Jio allocates about $854 million in anchor shares as CNBC reports $26.3 billion in bids, with BlackRock and GIC participating ahead of public subscription.
Elice Plunges on Kosdaq Debut After $150 Million AI IPO
Elice falls more than 30% from its IPO price as the Korean AI infrastructure company enters a market increasingly focused on funding costs and returns.
Digital Gold Could Reach $170 Billion by 2031, WGC and BCG Say
A WGC-BCG study sees digital gold growing to $160–170 billion by 2031, with up to $700 billion in additional demand held back by adoption barriers.
European Stocks Extend Losses as French Protests Deepen Fiscal Fears
European stocks open lower as French unrest intensifies concerns over deficits and borrowing costs, while OVHcloud rises after its annual results.
J.P. Morgan Sees 10% Bitcoin Returns, Ahead of Stocks and Gold
J.P. Morgan Asset Management forecasts 10% compounded annual Bitcoin returns over 10–15 years, ahead of U.S. stocks and gold, with 55% volatility.