Shares of AMC Networks Inc. (AMCX), an entertainment company, are rising more than 17% Friday morning after reporting better-than-expected fourth-quarter results. Excluding one-time items, the company reported earnings of $110.55 million or $2.52 per share, that beat the average estimate of analysts polled by Thomson-Reuters of $1.2 per share. AMC Networks, however, posted a net a loss of $264.69 million […]

Shares of Ambrx Biopharma Inc. (AMAM) are surging more than 50% after the company announced encouraging initial data from the ongoing Phase 1 study of ARX517 in patients with advanced prostate cancer. In the Phase 1 study dubbed APEX-01, Prostate-specific antigen (PSA) reductions ranging from more than 30% to 90% was observed in prostate cancer patients who were treated with […]

Shares of diagnostics company, Natera, Inc. (NTRA) are rising more than 15% Thursday morning at $49.03. The company today said it received confirmation about Medicare extending coverage for Natera’s Signatera test for breast cancer. The coverage will include serial monitoring in all subtypes, including hormone receptor-positive, HER2-positive, and triple negative breast cancers, the company said. NTRA has traded in the […]

The flagship cryptocurrency Bitcoin ($BTC) is now entering its “seventh bull cycle,” according to the head of $4.1 billion cryptocurrency hedge fund Pantera Capital, Dan Morehead, who predicts this year will be one where trust in the space is rebuilt. According to Pantera Capital’s latest “Blockchain Letter” update, which comes after BTC posted its best month of January in a […]

Shares of software development company Endava plc (DAVA) are falling more than 14% Tuesday morning after reporting lower profit in the second quarter. Profit for the second quarter declined to 15 million pounds or 0.26 pounds per share from 15.4 million pounds or 0.27 pounds per share a year ago. Excluding one-time items, earnings were 33.2 million pounds or 0.57 […]

Shares of ThyssenKrupp AG were losing around 6 percent in the morning trading in Germany after the industrial engineering and steel company reported Tuesday weak profit and orders and flat revenues in its first quarter. The company also maintained its fiscal 2023 outlook, expecting lower earnings. Klaus Keysberg, CFO of thyssenkrupp, said, “Despite the continuing uncertain environment, the first-quarter results […]

The International Monetary Fund (IMF) has cautioned El Salvador against using tokenized bonds to fund Bitcoin purchases and urged it to reconsider its plan to expand its exposure to the cryptocurrency. In a statement following the so-called “Article IV” visit by IMF staff to the Central American republic, the lender noted that although the downsides of using Bitcoin had “not […]

Recently, Robert Kiyosaki, the highly successful author of the “Rich Dad Poor Dad” series of personal finance books, shared his short-term and medium-term price targets for Bitcoin. “Rich Dad Poor Dad, “which is one of the top 10 personal finance books of all time, “advocates the importance of financial literacy (financial education), financial independence and building wealth through investing in assets, real estate investing, starting and owning […]

Bitcoin continued to slide Friday after losing support at the $23,000 level on Sunday. At press time, the largest cryptocurrency by market capitalization was trading at $21,749 after a 1.97% drop in the past 24 hours. Last Thursday, Bitcoin surged as high as $24,240 after the Federal Reserve raised interest rates rate by 25 basis points dialling back the size […]