Crypto markets remain subdued early on Tuesday amidst anxiety ahead of the release of the CPI numbers from the U.S. With the Fed’s clear guidance that its actions would be dependent on incoming information including those on inflation and labor market, markets are in a cautious mood. Markets expect the headline inflation to be steady at 5 percent whereas core […]

Sentiment remained subdued across world markets ahead of the release of inflation readings from the U.S. on Wednesday. Also, China’s trade data for April that revealed an unexpected fall in imports and a slower growth in exports dampened sentiment. Bank of England’s interest rate review due on Thursday also swayed market mood. European benchmarks are trading lower. Wall Street Futures […]

Shares of Axsome Therapeutics, Inc. (AXSM) are rising more than 7% Monday morning after the company reported first-quarter results, above the Street view. Axsome reported a net loss of $11.2 million or $0.26 per share for the first quarter, narrower than $39.6 million, or $1.03 per share loss for the comparable period last year, driven by increased revenue. Analysts on […]

BioNTech SE (BNTX) said its financial performance has been fully in line with the company’s expectations for the first quarter of 2023. Commercial revenues decreased due to lower demand for COVID-19 vaccine. For fiscal 2023, the company continues to project BioNTech COVID-19 vaccine revenues of approximately 5 billion euros. In 2023, the company plans to deliver doses originally scheduled for […]

Robert F. Kennedy Jr. (aka “RFK Jr.”), a 2024 U.S. presidential candidate, emerges as a staunch supporter of Bitcoin and its decentralized promise. Robert Francis Kennedy Jr., born on January 17, 1954, is an American environmental lawyer, author, member of the Kennedy family, 2024 Democratic Party presidential candidate, and a controversial figure known for promoting anti-vaccine propaganda and health-related conspiracy […]

Shares of healthcare solutions provider Owens & Minor, Inc. (OMI) are rising more than 34% Friday morning after the company raised its full-year outlook. Owens & Minor now expects 2023 revenue in the range of $10.2 billion – $10.6 billion, up from the previous guidance of $10.1 billion – $10.5 billion. Adjusted EPS for 2023 is expected to be in […]

Shares of Nanobiotix S.A. (NBTX) are surging more than 100% Friday morning after the company said it is at the final stages of contract negotiations with a major global pharmaceutical company, following agreement to a non-binding term sheet to develop its lead nanotherapeutic candidate NBTXR3. Nanobiotix said it has agreed to the term sheet as of May 3. NBTXR3 is […]

Despite relief from the Fed signaling a pause in its interest rate hikes, cryptocurrencies hovered below the flatline amidst gloom following the ECB’s hawkish stance and anxiety ahead of release of the crucial jobs data from the U.S. on Friday. The European Central Bank hiking rates by 25 basis points and signaling more monetary tightening weighed on market sentiment. The […]

MicroStrategy reported a Q1 2023 profit of $94 million attributed to a one-time income tax benefit. The firm purchased 7,500 BTC in the first quarter bringing its total holdings to 140,000 BTC with no signs of slowing down. The firm’s Bitcoin stash turned to profit after BTC made a 72% gain in the first quarter, wiping away 2022 losses. Michael […]