Anchor Brewing Co. to Close Doors After 127 Years
San Francisco-based craft brewery, Anchor Brewing Co., announced that it will be shutting down operations after an impressive 127 years in the industry. The company, known for its popular beer…
Recursion Pharmaceuticals receives $50 million investment from Nvidia
Recursion Pharmaceuticals Inc. (RXRX) saw a significant surge in its share price on Wednesday following the announcement of a $50 million investment by Nvidia Corp. (NVDA). This collaboration aims to…
U.S. Stocks Reach New Highs as Inflation Data Softens
U.S. stocks reached fresh closing highs on Wednesday as the inflation data for June came in softer than expected. The Nasdaq 100 (NDX) recorded its highest close since January 14,…
Trustpilot Raises Earnings Guidance After Strong First Half
London, UK - Trustpilot, the leading review website for businesses, has announced an increase in its adjusted earnings before interest, taxes, depreciation, and amortization (Ebitda) guidance for the year. The…
Encavis Sets Ambitious Goals for Carbon Emissions Reduction
German renewable-energy company, Encavis, has announced its commitment to significantly reduce carbon emissions in the upcoming years. With a determined objective of achieving carbon neutrality by 2040, Encavis aims to…
Challenges Ahead for Coinbase Shares
Coinbase Global Inc.'s shares have experienced a remarkable surge of 70% over the past month. However, Benjamin Budish, an analyst from Barclays, has expressed a more cautious outlook for the…
Savannah Resources Raises £5.8 Million for Barroso Lithium Project
Savannah Resources announced on Thursday its plans to conduct a fundraise of over £5.8 million to support the acceleration of the feasibility study at its Barroso lithium project. Located in…
BofA Securities Analyst Raises Price Objective for Uber
BofA Securities analyst Justin Post has expressed a more positive outlook on Uber Technologies Inc.'s stock (UBER), increasing his price objective from $44 to $51. The recent partnership between Uber…
Nokia Lowers Full-Year Sales Guidance
Nokia has revised its full-year net sales guidance and narrowed its operating margin outlook due to weaker demand in its network infrastructure and mobile networks businesses. This shift is a…
Treasury Yields Rise After Slowing Inflation
Treasury yields were on the rise on Friday following a day of significant drops as signs of slowing inflation emerged. Yield Movement The yield on the 2-year Treasury TMUBMUSD02Y, 4.636%…
Angus Energy Secures Debt Facility and Explores Refinancing Options
Angus Energy experienced a surge in shares on Friday following the announcement that it has successfully secured a debt facility worth £6 million ($7.9 million). Additionally, the company is currently…
China Accuses U.S. of Militarizing Outer Space
China's Advances in Space Deteriorating U.S.-China Relations China's Claim over the Taiwan Strait Introduction China's claim over the Taiwan Strait, an important route for international trade, remains a contentious issue.…
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