Day: October 11, 2022

Oct 11
Coinbase inks services deal with Google Cloud, shares rise

Coinbase GIobal Inc. COIN, +5.91% shares rose 5% in premarket trades Tuesday after the digital currency brokerage firm said it inked a deal with Google, a unit of Alphabet Inc. GOOG, +0.58%, to use Google Cloud as its strategic cloud partner to build advanced exchange and data services. “We’re ready to serve the thriving global […]

Oct 11
ForgeRock stock rockets after Thoma Bravo buyout deal at 53% premium

Shares of ForgeRock Inc. FORG, +49.04% rocketed 49.9% in premarket trading Tuesday, after the identity management software company announced an agreement to be acquired by investment firm Thoma Bravo in a cash deal valued at $2.3 billion. Under terms of the deal, ForgeRock shareholders will receive $23.25 in cash for each ForgeRock share they own, […]

Oct 11
Crypto and digital bank MinePlex secures $100M in funding from GEM

The funding will be used in new banking technologies, including a collaboration with Mastercard and Visa for crypto transactions. Source: Cointelegraph

Oct 11
Laser Photonics stock soars after Navy contract, but was still 39% below recent IPO pricing

Shares of Laser Photonics Corp. LASE, +62.99% blasted 62.1% higher in very active afternoon trading Tuesday, after the laser cleaning announced an order from the U.S. Navy. The rally was enough to make the stock the second-biggest gainer trading on major U.S. exchanges, but not enough to recapture where the recent initial public offering priced. […]

Oct 11
Treasury announces settlements of $24 million and $29 million with virtual currency exchange Bittrex over violations

The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) and Financial Crimes Enforcement Network (FinCEN) on Tuesday announced a $24.3 million settlement and $29.3 million settlement with Bittrex Inc., a company based in Bellevue, Wash., that provides a virtual currency exchange and hosted wallet services. OFAC said Bittrex has agreed to pay $24.3 million […]

Oct 11
BNY Mellon launches digital currency custody offerings to institutions

Bank of New York Mellon Corp. BK, -1.30% on Tuesday announced the launch of its digital asset custody platform for institutional customers as part of its “commitment to support client demand for a trusted provider of both traditional and digital asset servicing.” The kickoff comes after it formed its digital assets unit in 2021 to […]

Oct 11
Amgen stock surges, provides nearly 80-point support to the Dow after Morgan Stanley turns bullish

Shares of Amgen Inc. AMGN, +6.13% leapt 5.2% in morning trading Tuesday, enough to pace the Dow Jones Industrial Average’s DJIA, +0.65% gainers, after Morgan Stanley turned bullish on the biotechnology company. Amgen’s stock price gain of $12.04 was adding about 79 points to the Dow’s price, while the Dow fell 109 points, or 0.4%. […]

Oct 11
Dice’s stock jumps 88%; the company plans to submit its psoriasis treatment candidate to the FDA next year

Shares of Dice Therapeutics Inc. DICE, +67.34% soared 88.8% in premarket trading on Tuesday after the company shared promising Phase 1 data for its experimental psoriasis treatment. Dice said the investigational oral therapy was well-tolerated and showed a mean percentage reduction in the Psoriasis Area and Severity Index. “We look forward to advancing DC-806 into […]

Oct 11
Brooklyn ImmunoTherapeutic changing name to Eterna Therapeutics on Monday

Brooklyn ImmunoTherapeutics Inc. BTX, +3.69% said Tuesday it’ll change its stock trading ticker to ERNA on Monday, Oct. 17, as part of a name change to Eterna Therapeutics Inc. The San Diego-based clinical stage biopharmaceutical company said the new name reflects its focus on developing advanced therapies using its patented mRNA cell engineering technologies. Shares […]

Oct 11
Statistics made the Pound fall. Overview for 11.10.2022

The Pound Sterling is retreating against the USD. The current quote for the instrument is 1.1012. The USD is raising pressure on other currencies. The reason is global risk aversion in capital markets. The statistics published by the United Kingdom in the morning were rather mixed. For example, the Unemployment Rate dropped to 3.5% in […]