Pennsylvania-based Inovio Pharmaceuticals Inc experienced a rise in share price following the company’s latest breakthrough regarding the development of its COVID-19 vaccine candidate.
As phase 1 test data showed, Inovio’s vaccine candidate, known as INO-4800, has been shown to be immunogenic in all test subjects. There was also no trace...
After a rough first half of 2022, it appears there are some brighter days ahead for Netflix. The streamer released its Q3 earnings on Tuesday, beating the Wall Street estimates by a comfortable margin and causing its stock to surge.
Netflix shares closed at $240.86 on Tuesday before seeing a...
European and U.S. stocks remained fairly stagnant on Tuesday as investors anxiously awaited the latest round of tech companies' earnings and the Federal Reserve's latest policy decision on Wednesday. Futures on the S&P 500 and Nasdaq 100 remained relatively unchanged early on Tuesday, while those on the Dow Jones...
In order to prevent the nation's economy from further harm caused by the ongoing COVID-19 pandemic, Greece's government intends to inject another 2.5 billion euros ($3 billion) into its already struggling economy. Currently, the Mediterranean nation finds itself coming to grips with an overwhelmed healthcare system while at the...
Electric vehicle battery manufacturer QuantumScape endured a difficult start to trading in 2021, with its stock falling by an astronomical 41% on January 4th. Several reasons have been given for this steep decline, ranging from the company’s filing known as a Resale S-1 form on December 31st to the...
Investment management company Blackstone Group Inc. has agreed to the purchase of a life insurance business from Allstate Corp. for a sum of $2.8 billion. This deal is part of Blackstone's plan to expand its market share in the insurance industry.
This deal comes as Allstate continues pursuing its goal...
According to a statement released on Sunday, oil and natural gas company Cenovus Energy Inc. is expected to join integrated energy company Husky Energy Inc. in what will be an all-stock merger valued at C$23.6 billion ($18 billion).
With the boards of both companies having provided their approval of this...
Australian lithium chemicals company Piedmont Lithium has announced its decision to begin issuing company shares in the United States.
This news comes as interest in the company has grown following its decision to enter into a five-year raw-materials pact with Tesla, with the intention of developing a lithium project in...
Stocks edged higher on Monday, thereby sustaining the gains from last week's rally as optimism rose around the likelihood that the Federal Reserve's interest rate hikes are nearing an end. S&P 500 futures, as well as those listed on the Dow Jones Industrial Average and the Nasdaq 100, rose...
After what has been the company’s worst string of losses since its reformation in 1999, Exxon Mobil Corp. is expected to reduce its global workforce by 15% over the next two years. The multinational oil and gas corporation is expected to cut jobs in the United States, Europe, and...