Month: May 2024
Unexpected container crunch sends ocean freight prices soaring, location off global trade alarm bells
A Chinese employee seems on as a cargo ship is loaded at a port in Qingdao, eastern China’s Shandong province. AFP Contributor | AFP | Getty Photos A fantastic storm in world trade is developing a shipping container ability crunch, fueling a unexpected and shock spike in ocean freight prices. The commencing of peak transport […]
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Stocks generating the major moves midday: Nvidia, Boeing, Live Country Leisure and additional
Look at out the firms producing headlines in midday trading. Nvidia — The chipmaker and artificial intelligence beneficiary spiked 11% just after Nvidia posted robust fiscal 1st-quarter final results , issued superior-than-predicted guidance and declared a 10-for-1 stock break up. Other AI and connected semiconductor names rallied on the effects. Super Micro Pc shares rose […]
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This up-and-coming cancer treatment could be a $25 billion market opportunity — it’s already a hotbed for M&A
Skynesher | E+ | Getty Images Big pharma is betting billions on an up-and-coming class of cancer treatments that some on Wall Street are calling a “massive opportunity.” It’s called targeted radiopharmaceutical therapy. It essentially delivers radiation directly into tumors by attaching a radioactive particle to a targeting molecule. RBC Capital Markets sees a $25 […]
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Macron: French AI boom could enable EU close tech innovation hole with U.S. and China
PARIS, France — Europe is pursuing AI innovation, tech regulation and competition with China in quite diverse methods than the United States, French President Emmanuel Macron explained this 7 days, as the continent seeks to turn into the third big world wide tech force in what is now a U.S.-China dominated landscape. “It can be […]
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Nvidia shares pop 10% to history higher right after forecast indicators unwavering demand for AI chips
Nvidia CEO Jensen Huang delivers a keynote address all through the Nvidia GTC Synthetic Intelligence Meeting at SAP Middle on March 18, 2024 in San Jose, California. Justin Sullivan | Getty Illustrations or photos Nvidia shares jumped extra than 10% on Thursday after the business on Wednesday described earnings that topped Wall Street estimates and […]
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Investing possibilities to chasing Nvidia’s stock using selections following its blockbuster report
Nvidia (NVDA) sent one more fantastic quarter . We are going to assessment what traders can do from in this article working with options if they don’t want to continue chasing the rally. The worry, if there was any, for investors going into Nvidia’s results was that the unbelievable 409% tempo of progress sent in […]
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Warner Bros. Discovery’s NBA rights offer could put it in competition with Amazon, not NBC
Jalen Brunson #11 of the New York Knicks drives to the basket during the game against the Indiana Pacers during Round 2 Game 1 of the 2024 NBA Playoffs on May 6, 2024 at Madison Square Garden in New York City, New York. Nathaniel S. Butler | National Basketball Association | Getty Images Warner Bros. […]
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A corner of the cancer therapy market is heating up—Here are the names investors need to know
There’s been a lot of attention lately on a corner of the oncology market called radiopharmaceuticals. The therapy seeks to destroy cancer cells by binding a radioactive particle to a targeted molecule and then dispatching it directly into the tumor. There are currently two products on the market from Novartis and a slew of clinical […]
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CNBC’s Inside India newsletter: The secret of the stock market rally
This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Like what you see? You can subscribe here. The big story A man counts Indian rupee banknotes for a photograph near the Bombay Stock Exchange […]
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Sales of newly built homes tank in April, as prices and interest rates rise
A pile of lumber at a home under construction at the Cold Spring Barbera Homes subdivision in Loudonville, New York, US, on Wednesday Nov. 8, 2023. Angus Mordant | Bloomberg | Getty Images Sales of newly built homes dropped 4.7% in April compared with March, and fell a larger 7.7% from the prior year, the […]
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