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Dec 16, 2024
JPMorgan upgrades Okta to 'overweight' on improved growth prospects
-- JPMorgan upgraded Okta Inc (NASDAQ:OKTA) to "overweight" from "neutral," on improved growth momentum and strong profitability guidance as drivers for an...
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Dec 16, 2024
Meta adds live translation, AI video to Ray-Ban smart glasses
(Reuters) - Meta Platforms (NASDAQ:META) said on Monday it has updated the Ray-Ban Meta smart glasses with AI video capability and real-time language translation functionality....
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Dec 16, 2024
Stifel downgrades Biogen on slow Alzheimer’s drug launch, uncertainty ahead
-- Stifel downgraded Biogen Inc (NASDAQ:BIIB) stock to “hold” from “buy” as it noted the company was grappling with a challenging year due to a slow rollout of its...
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Dec 16, 2024
Bank of France cuts growth forecast amid political turmoil
On Monday, the Bank of France released its quarterly outlook, revealing a downward revision in the country's economic growth projections for the coming years. The central bank now...
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Dec 16, 2024
FTX's Chapter 11 Plan to Go into Effect on January 3rd, 2025
FTX Trading Ltd. and its affiliated debtors have announced the effectiveness of their Chapter 11 Plan of Reorganization, scheduled for January 3, 2025. This development sets the...
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Dec 16, 2024
Stocks rise, Nasdaq at record high as Fed decision, data awaited
By Lisa Pauline Mattackal and Purvi Agarwal (Reuters) - The S&P 500 and the Nasdaq rose on Monday, as investors looked ahead to an anticipated Federal Reserve interest rate cut...
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Dec 16, 2024
Jefferies Upgrades Bristol Myers Squibb to ‘buy’ on drug Cobenfy
-- Jefferies upgraded Bristol-Myers Squibb Company (NYSE:BMY) to "buy" from "hold" and raised its price target by $7 to $70, amid an improved confidence in the...
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Dec 16, 2024
Trump signals potential reconsideration of TikTok ban
In a recent turn of events, President-elect Donald Trump has indicated a possible reassessment of the impending prohibition of TikTok Inc., a stance that contrasts with his...
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Dec 16, 2024
Pharmacy benefit manager stocks dip following Trump's vow to cut drug costs
In the wake of President-elect Donald Trump's recent declaration to eliminate the "middle man" in an effort to reduce prescription drug costs, shares of companies that own pharmacy...
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Dec 16, 2024
Regional lenders Berkshire Hills Bancorp, Brookline strike $1.1 billion merger deal
(Reuters) -Berkshire Hills Bancorp and Brookline Bancorp (NASDAQ:BRKL) have agreed to merge in an all-stock deal valued at about $1.1 billion, the regional lenders said on...
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