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Sector Update: Health Care Stocks Retreat Late Afternoon
Sector Update: Health Care Stocks Retreat Late Afternoon
Mar 21, 2025
03:49 PM EDT, 03/21/2025 (MT Newswires) -- Health care stocks fell late Friday afternoon, with the NYSE Health Care Index down 0.6% and the Health Care Select Sector SPDR Fund (XLV) shedding 0.5%. The iShares Biotechnology ETF (IBB) rose 0.4%. In corporate news, Tela Bio ( TELA ) shares tumbled past 38%, a day after the company reported Q1 and...
Sector Update: Tech Stocks Slide Late Afternoon
Sector Update: Tech Stocks Slide Late Afternoon
Mar 21, 2025
03:40 PM EDT, 03/21/2025 (MT Newswires) -- Tech stocks declined late Friday afternoon, with the Technology Select Sector SPDR Fund (XLK) and the SPDR S&P Semiconductor ETF (XSD) each shedding 0.4%. The Philadelphia Semiconductor index dropped 1.1%. In corporate news, MicroAlgo ( VENAF ) shares fell 22% after the company said it would issue new shares at $0.80 apiece to...
US STOCKS-Dow, S&P end flat, off earlier lows
US STOCKS-Dow, S&P end flat, off earlier lows
Mar 21, 2025
* Nike ( NKE ) dips on bleak revenue outlook * FedEx ( FDX ) tumbles after results, outlook * Boeing ( BA ) jumps after fighter jet contract award (Updates to market close) By Chuck Mikolajczak NEW YORK, March 21 (Reuters) - The S&P and Dow closed nearly unchanged on Friday, well off earlier lows after comments from U.S....
Equity Markets Fall as Investors Evaluate Fed Official's Comments
Equity Markets Fall as Investors Evaluate Fed Official's Comments
Mar 21, 2025
03:54 PM EDT, 03/21/2025 (MT Newswires) -- US benchmark equity indexes were on track to close lower on Friday after the latest remarks by a Federal Reserve official calling a high level of uncertain in the economic environment. The Dow Jones Industrial Average fell 0.2% to 41,874.6, while the Nasdaq Composite decreased 0.1% to 17,676.1. The S&P 500 was down...
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SNDL Wins Bid For Indiva, Secures Major Deal To Boost Cannabis Edibles Market Share In Canada
SNDL Wins Bid For Indiva, Secures Major Deal To Boost Cannabis Edibles Market Share In Canada
Aug 29, 2024
SNDL Inc. ( SNDL ) announced on Thursday that its stalking horse bid was chosen as the most successful bid for acquiring the Indiva Limited ( NDVAF )‘s (TSXV:NDVA) business and assets. That's in the context of proceedings under Indiva’s filing under the Companies’ Creditors Arrangement Act and the sales and investment solicitation process. The transaction is subject to approval...
Update: Chewy Shares Rise After Higher Fiscal Q2 Results
Update: Chewy Shares Rise After Higher Fiscal Q2 Results
Aug 29, 2024
11:05 AM EDT, 08/28/2024 (MT Newswires) -- (Updates to add stock move in the headline and the first paragraph.) Chewy (CHWY) shares rose more than 12% in recent trading after the company reported fiscal Q2 adjusted earnings Wednesday of $0.24 per diluted share, up from $0.15 a year earlier. Analysts polled by Capital IQ expected $0.21. Revenue for the quarter...
EV tariffs could hurt European companies and industry, Polestar CFO says
EV tariffs could hurt European companies and industry, Polestar CFO says
Aug 29, 2024
STOCKHOLM (Reuters) - Import tariffs imposed by the European Union and the United States on China-made electric vehicles will harm European based companies, the chief financial officer of Swedish EV maker Polestar said on Thursday. Steep tariffs recently imposed by the U.S., the European Union and Canada on cars made in China have prompted many automakers to speed up plans...
Musk calls Brazil judge a
Musk calls Brazil judge a "dictator" in response to claim Starlink accounts blocked
Aug 29, 2024
Aug 29 (Reuters) - Billionaire Elon Musk on Thursday called Brazilian Supreme Court judge Alexandre de Moraes a dictator on X in response to a post claiming Starlink financial accounts had been blocked in the country. Musk did not, however, explicitly confirm local media reports that Moraes ordered the blocking due to the lack of X representatives in the Brazil,...
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Fed Governor Touts DeFi, Stablecoins, and RWA Tokenization in Pro
Fed Governor Touts DeFi, Stablecoins, and RWA Tokenization in Pro
Aug 20, 2025
Speaking at the Wyoming Blockchain Symposium on Wednesday, central bank Governor Christopher Waller said, “the payment system is experiencing what I have called a ‘technology-driven revolution’.” He added that this includes instant payments, digital wallets, mobile payment apps, stablecoins, and other digital assets, and AI. He specifically cited stablecoins, or fiat-pegged crypto assets, as the driver of this fintech revolution....
Ripple, Binance Behind TRM Labs’ Real
Ripple, Binance Behind TRM Labs’ Real
Aug 20, 2025
In a pioneering press release announcement, TRM Labs, the blockchain intelligence firm that assists businesses and law enforcement in combating crimes involving cryptocurrency, has unveiled Beacon Network, the first dedicated response network to real-time crypto fraud. Live Crypto Crime Detection Its designed to prevent illicit assets from leaving the blockchain and was developed in collaboration with law enforcement, stablecoin issuers, exchanges, and various...
What Is Cathie Wood’s Ark Invest Buying and Selling Amid This Market Correction?
What Is Cathie Wood’s Ark Invest Buying and Selling Amid This Market Correction?
Aug 20, 2025
The privately held company has made adjustments to the ETFs it manages, both reducing and adding to specific positions. Falling Prices Ark Invest, the investment management firm with more than $6 billion in assets under management (AUM), reduced the size of its ARKB (ARK 21Shares Bitcoin ETF) by 559.85 BTC, or approximately $64.4 million, as reported by the market watcher...
Kanye West Launches YZY Meme Coin on Solana, Hits $3B Before Crash
Kanye West Launches YZY Meme Coin on Solana, Hits $3B Before Crash
Aug 21, 2025
Rapper Kanye West, now legally known as Ye, has officially stepped into crypto. On Wednesday, the business mogul launched YZY, a Solana-based meme coin that briefly touched a $3 billion market cap within hours of its debut before rapidly shedding value. The launch, billed by Ye himself as the start of “a new economy, built on chain,” comes just months after...
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