Latest Market News
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. […]
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 […]
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 […]
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%. […]
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 […]
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 […]