IntelGenx Technologies Corp. secures US$2 million loan agreement with atai Life Sciences AG
From GlobeNewswire: IntelGenx Technologies Corp. announces a new loan agreement with atai Life Sciences AG, providing for two term loans
Author: MarketNewsData
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Rising cost of living post-covid leads to changes in UK inflation basket.
From Morningstar: The upcoming general election is expected to focus on the rising cost of living post-covid. Although the CPI
FCA allows crypto-asset backed ETNs for professional investors, warning of high risk
From Morningstar: The Financial Conduct Authority (FCA) will allow recognised investment exchanges to create a listed market for crypto-asset backed
European stocks fall as traders await U.S. inflation data, analysts suggest market fatigue
From Yahoo Finance: European stock indexes were mostly down on Monday, with traders uncertain about the economy and awaiting U.S.
Morningstar Awards 2024 winner emphasizes sustainability despite challenges.
From Morningstar: Shahbano Soomro from Impax Asset Management won the Morningstar Fund Award for Best Asset Manager in Sustainability. Despite
Elon Musk's xAI will open-source chatbot Grok, competing with ChatGPT, amid accusations against OpenAI.
From TechCrunch: Elon Musk’s AI startup xAI will open-source its chatbot Grok, competing with ChatGPT, following a lawsuit against OpenAI
Summary: China's parliamentary meeting focuses on economy, environment with emphasis on energy reduction and industrial support.
From CNBC: China’s annual parliamentary meetings concluded without a press conference from the premier, in a break from tradition. President
Chinese stocks gained 1.4% during annual political event, first increase in six years.
From Yahoo Finance: China’s equity market saw a 1.4% gain during the legislators’ annual meeting, the first increase in six
Warren Buffett plans to hold Coca-Cola, American Express, and Occidental Petroleum stocks indefinitely
From Morningstar: Berkshire Hathaway’s 2023 annual report reveals Warren Buffett’s plans to hold three stocks indefinitely: Coca-Cola, American Express, and
Neuroprosthetics market predicted to reach $26.12 billion by 2030, driven by technological advancements
From GlobeNewswire: Coherent Market Insights published a report on the Global Neuroprosthetics Market, predicting a value of $26.12 billion by
Investors are watching silver closely as it has the potential to outperform gold
From Investing.com: Investors are keeping an eye on key indicators like silver, oil, sugar, and the dollar for signs of
OpenAI CEO Sam Altman returns to board along with new members, maintaining leadership continuity.
From The Register: OpenAI’s CEO Sam Altman returns to the company’s board with three new members, replacing previous board members
Marvell reported positive Q4 results with revenue exceeding expectations and focusing on custom silicon growth
From Market News Data: Our non-GAAP gross margin was 61.2%. Non-GAAP operating margin was 29%. And our non-GAAP earnings per
Australian stock market is sharply lower, with major miners and oil stocks declining.
From Nasdaq.: The Australian stock market is down sharply, with the S&P/ASX 200 falling below 7,700. Major miners like Rio
Investors cautious as US CPI data awaited, Asian stocks set to open quietly
From Yahoo Finance: Shares in Asia are set to open quietly as investors await US inflation data expected to show
Tech news includes Elon Musk's lawsuit against OpenAI, Apple's new emojis, and MacBook Air updates.
From Hypebeast.: This week, the tech world is abuzz with Elon Musk’s lawsuit against OpenAI, with allegations of a merger
Key economic indicators and earnings reports could impact market direction this week
From Nasdaq: Last week, Nvidia (NVDA) hit the $950 mark, boosting the market. Powell’s House testimony and Non-Farm Payrolls beat
The cockroach theory in investing warns of deeper issues within companies like Boeing.
From Barchart: The cockroach theory in investing draws parallels between spotting one cockroach and uncovering deeper problems within a company,
Intel and AMD both thriving in artificial intelligence market, analysts optimistic about future growth.
From Nasdaq: Semiconductor giants Intel and AMD are both capitalizing on the rise of artificial intelligence. Intel surged 90% in
Broadcom's strong free cash flow margins suggest AVGO stock could increase by 18%
From Barchart: Broadcom Inc. reported a 39% free cash flow margin for its fiscal Q1, ending Feb. 4, leading to
Gold prices are rising globally due to weakening dollar index, expected to have promising outlook in March.
From Hindustan Times: Gold prices hit a record high of ₹65,298 per 10 grams on the MCX, driven by expectations
Elon Musk sues OpenAI over alleged departure from non-profit mission, exposing private emails
From Daily Mail: Elon Musk and Sam Altman, co-founders of OpenAI, are embroiled in a legal battle. Musk sued OpenAI
Analyst raises AMD's price target by 12% due to strong demand for data center chips.
From NASDAQ: Shares of Advanced Micro Devices (NASDAQ: AMD) have surged 159% in the past year, driven by strong demand
Novo Nordisk is proposed to replace Tesla in the "Magnificent Seven" due to brighter prospects.
From Nasdaq: Struggling basketball players might get replaced in the starting lineup, just like Tesla (NASDAQ: TSLA) is being challenged
Stock market rally retreats, tech sector impacted by Nvidia reversal, caution advised for new buys.
From Investor’s Business Daily: Dow Jones futures set to open Sunday evening, S&P 500 and Nasdaq futures along with it