Day: September 16, 2022
Cointelegraph’s editor-in-chief Kristina Cornèr moderated a panel that discussed what decentralization brings to Web3 at DeData 2022. 582 Total views 59 Total shares With the convenience of centralization seemingly threatening the original crypto vision, decentralization will still help escape a potential dystopian future, according to a panel discussion at the DeData Salon 2022 conference held […]
As financial market gloom continued to deepen on Friday, Deutsche Bank, Wall Street’s most pessimistic bank, came out with yet another eye-opening view: Its U.S. economists, led by Matt Luzzetti, now expect the Federal Reserve to end its rate-hike campaign at 4.9% in 2023’s first quarter. The notion of an almost 5% fed-funds rate, which […]
The BTC has fallen again. On Friday, the main fluctuations are at 19,797 USD. Everything which is going on with the BTC now has a lot to do with the situation in the US stock market. The latter, in turn, is experiencing totally not the best times. After capital markets dropped on Tuesday, there happened […]
The currency major has stabilised; the current quote is 1.0000. There are several days left before the meeting of the Federal Reserve System, and the market is unlikely to risk these days. The statistics published yesterday demonstrated that retail sales in the US in August grew by 0.3% m/m, while no changes had been expected. […]
U.S. stocks opened lower after a FedEx profit warning and as investors worry about rising interest rates in the wake of inflation running hotter than expected in August. The Dow Jones Industrial Average DJIA, -0.58% fell 1.1% soon after the opening bell, while the S&P 500 SPX, -0.79% dropped 1% and the Nasdaq Composite COMP, […]
Shares of Intellia Therapeutics Inc. NTLA, -13.41% gained 6.5% in premarket trading on Friday after the company and Regeneron Pharmaceuticals Inc. REGN, +0.78% announced positive data from an ongoing Phase 1 clinical trial evaluating their investigational Crispr therapy as a treatment for transthyretin amyloidosis with cardiomyopathy, which can cause heart failure. The data demonstrated a […]
Pfizer Inc. PFE, +0.45% and BioNTech SE BNTX, -0.58% said Friday that the Committee for Medicinal Products for Human Use (CHMP) for the European Medicines Agency (EMA) has recommended the companies’ COVID-19 vaccine Comirnaty be converted to standard, or “full,” Marketing Authorization (MA) from conditional MA for all indications and formulations. The companies said the […]
Novavax Inc. NVAX, -2.21% said Friday that Israel has granted an import and use permit for the company’s COVID vaccine for use in people aged 12 and older. The vaccine is protein based, using a more traditional technology than the mRNA used in the vaccines developed by Pfizer Inc. PFE, +0.45% and German partner BioNTech […]
Shares of Core & Main Inc. CNM, -7.30% sank 7.3% in premarket trading Friday, after the distributor of water, storm drainage and fire protection products said its upsized stock offering priced at $23.75 a share. The company said selling shareholders sold 11.0 million shares in the offering, up from the late Thursday’s announcement of a […]
Shares of NCR Corp. NCR, -23.94% were tumbling 17% in premarket trading Friday after the company said it plans to split into two publicly traded businesses, with one focusing on digital commerce and the other oriented around ATMs. The late Thursday announcement signaled that management wasn’t able to proceed with a sale of the company. […]
