FILE PHOTO: A Tesla car is seen in Los Angeles, California, U.S., July 9, 2020. REUTERS/Lucy Nicholson(Reuters) – Shares of Tesla rose 3% on Monday after Canaccord Genuity raised its rating on the electric car maker to “buy” and compared its brand to Apple. Canaccord Genuity analyst Jed Dorsheimer upgraded Tesla to “buy” from “hold” and increased his price target […]
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DUBAI (Reuters) – Iran on Monday accused arch-foe Israel of sabotaging its key Natanz nuclear site and vowed revenge for an attack that appeared to be latest episode in a long-running covert war. Iran’s semi-official Nournews website said the person who caused an electricity outage in one of the production halls at the underground uranium enrichment plant had been identified. […]
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Danny Moses compared the hype around meme stocks to the dot-com bubble. “The Big Short” investor called for the Fed to pump less money into markets. Moses said investors can capitalize on the current volatility to score big returns. See more stories on Insider’s business page. Veteran investor Danny Moses compared the stock-market boom to the dot-com bubble, underscored the […]
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ZURICH (Reuters) -Regeneron is pursuing U.S. approval for its COVID-19 monoclonal antibody cocktail as a preventative treatment after it helped cut the risk of symptomatic infections in households where someone else is ill, the U.S. drugmaker said on Monday.FILE PHOTO: The Regeneron Pharmaceuticals company logo is seen on a building at the company’s Westchester campus in Tarrytown, New York, U.S. […]
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FILE PHOTO: President Cyril Ramaphosa delivers his State of the Nation address in parliament in Cape Town, South Africa, February 11, 2021. Esa Alexander/Pool via REUTERSJOHANNESBURG (Reuters) – Africa must expand its medical manufacturing capacity and forge partnerships to boost expertise and investment to combat the COVID-19 pandemic and future health emergencies, South African President Cyril Ramaphosa said on Monday. […]
Read moreSage Therapeutics Inc. (SAGE) and Biogen Inc. (BIIB) said that phase 2 KINETIC Study, which evaluated SAGE-324 in the treatment of people with essential tremor, achieved its primary endpoint of a statistically significant reduction from baseline compared to placebo in The Essential Tremor Rating Assessment Scale or TETRAS Performance Subscale Item 4 upper limb tremor score on Day 29. SAGE-324 […]
Read moreLONDON (Reuters) – Global stock markets slid off record highs on Monday as investors waited to see whether U.S. earnings would justify sky-high valuations, while a rally in bonds could be tested by what should be strong readings for U.S. inflation and retail sales this week.FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, […]
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FILE PHOTO: A thermal imaging camera is seen in front of a logo of Ant Group at the headquarters of Ant Group, an affiliate of Alibaba, in Hangzhou, Zhejiang province, China October 29, 2020. REUTERS/Aly Song/File PhotoBEIJING (Reuters) -China’s Ant Group, the fintech giant whose $37 billion IPO was derailed by risk-wary regulators days before it was due to list […]
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WASHINGTON (Reuters) – U.S. President Joe Biden’s interim regulators are wasting no time unraveling Wall Street-friendly measures introduced under former Republican President Donald Trump, using quick-fix legal tactics.FILE PHOTO: The Wall Street sign is pictured at the New York Stock exchange (NYSE) in the Manhattan borough of New York City, New York, U.S., March 9, 2020. REUTERS/Carlo AllegriThey have spiked […]
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