(WSJ) US Food and Drug Administration has declined a petition filed by short-sellers seeking to stop the clinical trials of Cassava Sciences Inc. Alzheimer drug. Two short-sellers had alleged that…
(IEA) The International Energy Agency says oil markets are still tight, warning that OPEC+ members produced 900,000 barrels per day in January, below target. The oil organization raised the demand…
(Affirm) Shares of Affirm Holdings Inc. fell 9% on Friday after reporting a wider net loss of $159.7 million in the second quarter of 2022, from a loss of $26.6…
(CNBC) Salesforce executives have reportedly revealed to their employees a plan to release an NFT cloud. Salesforce Co-CEOs Marc Benioff and Bret Taylor are said to reveal the plan at…
(ONS) UK gross domestic product improved by 7.5% in 2021, the strongest since 1941, making it the fastest-growing economy in the developed world in the year. The robust GDP happens…
(BLS) US inflation rose by 7.5% over the last 12 months to the end of January, above December’s rate of 7% and forecasted 7.2%. The rate was the highest since…
(Twitter) Twitter reported a revenue of $1.57 billion in the fourth quarter of 2021, up 22% from the prior year but below estimates of $1.58 billion. Growth in advertiser demand…
(Delivery Hero) Shares of Delivery Hero fell by 30% on Thursday after the company said it expects its platform to reach breakeven level in FY22. The company said that it…
(Markets Insider) Legendary investor Bill Miller says Bitcoin is like an insurance policy that can guard against catastrophic financial events. Miller agreed with the notion that Bitcoin carries no intrinsic…
(Credit Suisse) Banking giant Credit Suisse announced a net loss of $2.007 billion in the fourth quarter of 2021, more than a loss of $353 million in the fourth quarter…
(Crypto.com) Crypto.com has signed a nine-year deal allowing it to become the official partner of the new Formula 1 Miami Grand Prix. The deal will see Crypto.com’s logo printed on…
(Walt Disney) Walt Disney stock rose up to 8% on Thursday in premarket after the company announced Disney+ subscriptions of 129.8 million in the first quarter of 2022. The subscriptions…