Check out the companies making the biggest moves in premarket trading: Biogen — Shares advanced 4% after the biopharmaceutical company announced its experimental Alzheimer’s drug will advance into a phase 3 trial, despite failing to meet the main goal of the phase 2 trial. Biogen said the drug showed cognitive benefits. Versant Media Group – […]
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Key Points U.S. Treasury Secretary Scott Bessent spoke with CNBC’s Joe Kernen from the sidelines of the U.S.-Chinese presidents’ meeting in Beijing. Bessent said the two countries would establish a protocol for AI safety, adding they were having a “wholesome” dialogue because the U.S. is “in the lead” in the race to develop the technology. […]
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Check out the companies making the biggest moves premarket: EchoStar — Shares rose nearly 4.5% after the Federal Communications Commission approved the company’s $40 billion sale of wireless spectrum to AT & T and SpaceX. The company is selling 50 megahertz of its spectrum to AT & T and 65 megahertz to SpaceX. Alibaba — […]
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