Microsoft (MSFT) Unveils Space Ambitions

Microsoft Corporation (MSFT) has shared more details about its Azure space program and the latest strategic partnerships this week, providing greater insight into how the company plans to compete against Amazon.com, Inc.'s (AMZN) Amazon Web Services (AWS) and Alphabet Inc.'s (GOOG) Google Cloud for cloud computing market dominance. As private and public companies are playing an increasingly prominent role in […]

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Beauty boom: Sales rebound at Maybelline maker L’Oreal

L’Oreal, the French company behind Lancome and Maybelline cosmetics, said Thursday it was back to revenue growth in the third quarter thanks to strong demand in China and booming online sales. Like companies in the luxury goods sector, L’Oreal was hit hard by coronavirus lockdowns earlier this year when stores and airport retailers shut down. It was also hurt by […]

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CRSP Reports CARBON Trial Data, NK’s COVID-19 Vaccine Study Chugs Along, ZSAN Slips As FDA Says "No"

Today’s Daily Dose brings you news about FDA denying approval to Zosano Pharma’s migraine treatment; CRISPR Therapeutics’ CARBON trial results; and the progress in NantKwest’s COVID-19 vaccine candidate. Read on… 1. CRISPR Therapeutics’ CARBON trial Proves a Point but Stock gets Whacked CRISPR Therapeutics (CRSP) announced positive top-line results from its ongoing phase I trial of CTX110, an investigational allogeneic […]

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China GDP growth accelerates to 4.9%

Industrial output undergirds recovery. China’s economic growth continued to gain momentum in the third quarter, with the GDP expanding 4.9% from a year earlier in the July-September period, according to official Chinese data released on Monday. The pace of expansion was faster than the preceding quarter’s 3.2% and underlined the rebound in the world’s second-largest economy at a time when […]

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Microchip Technology (MCHP) Tests Resistance on Upgrade

Microchip Technology Incorporated (MCHP) shares rose more than 2% during Monday's session after Morgan Stanley upgraded the stock to Overweight with a $131 price target. Key Takeaways Microchip Technology shares moved higher after Morgan Stanley upgraded the stock to Overweight with a $131 price target. The company previously said that it expects a 2% to 6% sequential sales decline during […]

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4 ways to get lower mortgage refinance rates

The best rates are reserved for the least risky borrowers. Here’s how to make sure you fall into that category. (iStock) Mortgage rates have dropped to record-breaking lows amid the coronavirus pandemic, creating a massive opportunity for existing homeowners — especially ones who are struggling financially. Continue Reading Below With a loan refinance, many homeowners stand to save hundreds per […]

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