Month: October 2023
Cramer says Vertex has a drug that may address the ‘largest market opportunity in the world’
CNBC’s Jim Cramer on Monday suggested that investors keep an eye on Vertex Pharmaceuticals (VRTX), a biotechnology company developing a drug to treat acute pain that is not an opioid. “The biggest pharmacy issue [is] how do we get pain removed, or at least nullified, without opiates? They have a plan — Vertex,” Cramer said […]
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Nvidia cancels AI Summit in Tel Aviv following Hamas attack on Israel
Nvidia CEO Jensen Huang Getty Nvidia canceled its AI conference in Tel Aviv future week because of to safety fears, as Israel purchased a siege of Gaza following the Hamas assault on Israel around the weekend. Nvidia had scheduled its in-individual AI summit, with a keynote by CEO Jensen Huang, for Oct. 15 and 16 […]
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Nelson Peltz increases Disney stake, reignites potential proxy battle
Nelson Peltz speaking at the 2019 Delivering Alpha conference in New York on Sept. 19, 2019. Adam Jeffery | CNBC A proxy battle between Nelson Peltz and Disney is brewing for the second time this year. Peltz’s activist firm, Trian Fund Management, has increased its stake in Disney to about 30 million shares, valued at […]
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United kingdom opposition Labour announces sweeping economic reforms in promise to ‘rebuild Britain’
LONDON – Shadow chancellor Rachel Reeves responds just after Chancellor of the Exchequer Jeremy Hunt sent his autumn statement to MPs in the Household of Commons. House of Commons/PA Visuals via Getty Photographs LIVERPOOL, England — Britain’s principal opposition Labour celebration on Monday vowed to “rebuild Britain” if it wins the 2024 Typical Election, as […]
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Amazon hikes pay back in the United kingdom, programs to employ 15,000 seasonal staff in advance of the vacations
Amazon packages move on a conveyer belt at a achievement center in England. Nathan Stirk | Getty Images Amazon is planning to hike pay back for its functions staff in the U.K. and include 15,000 new staff members forward of the holidays, as the e-commerce big prepares itself for a wave of demand forward of […]
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Google announces new generative AI search capabilities for doctors
Thomas Kurian, CEO of Google Cloud, speaks at a cloud computing conference held by the company in 2019. Michael Short | Bloomberg | Getty Images Google Cloud on Monday announced new artificial intelligence-powered search capabilities that it said will help health-care workers quickly pull accurate clinical information from different types of medical records. The health-care […]
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China targets 50% enhance in computing electricity as AI race with U.S. ramps up
An undated conceptual illustration of China’s technology aspirations. Yaorusheng | Second | Getty Images China designs to boost its computing power by 50% by 2025, the country’s vital ministries stated Monday, as it appears to be to retain speed with the U.S. in synthetic intelligence and supercomputing apps. The world’s next-largest economic climate needs to […]
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OPEC hikes extended-time period oil need outlook — in stark distinction to other predictions of peak crude
An oil pumpjack is seen near a subject of wind turbines on Oct 04, 2023 in Nolan, Texas. Brandon Bell | Getty Images OPEC on Monday raised its medium- and extended-expression forecasts for global oil need. The oil producer group explained the crude sector would have to have a whopping $14 trillion in expense if […]
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Nobel economics prize awarded to U.S. economist Claudia Goldin for perform on ladies in the labor marketplace
The Nobel economics prize was on Monday awarded to Professor Claudia Goldin of Harvard University for her investigate on women of all ages in the labor industry. Goldin provided the 1st detailed account of women’s earnings and labor sector outcomes via the hundreds of years, the Nobel committee reported during the prize announcement. Her investigation […]
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Shares of UK’s Metro Bank up 26% soon after securing contemporary cash
A shut-up of a indicator of Britain’s Metro Financial institution. Matthew Horwood | Getty Images LONDON — Shares of the U.K.’s Metro Financial institution were sharply higher Monday morning, right after the financial institution on late Sunday announced it had secured a £325 million ($395.6 million) money increase and £600 million in debt refinancing. The […]
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