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China’s crackdown on crypto mining has allowed Kazakhstan to quickly fill the void by offering cheap fuel and a welcoming business environment. 1673 Total views 17 Total shares Bitcoin (BTC) mining hardware manufacturer Canaan Inc is expanding its footprint in Kazakhstan after signing new strategic partnerships with multiple crypto mining firms in the country. The […]
Trajector Inc. filed Tuesday to withdraw its previous filing for an initial public offering, “effective immediately.” The Florida-based benefits management software company had filed to go public on Oct. 18, but had not yet determined the number of shares to offer, the expected price of the IPO, the number of shares expected to be outstanding […]
Gold futures rose Tuesday, recouping some of the losses a day earlier that brought prices to their lowest finish in almost two weeks. A sharp rise in Treasury yields which begins to drive real interest rates higher is a “major risk to the gold market,” analysts at Sevens Report Research wrote in Tuesday’s newsletter. For […]
Pfizer Inc. PFE, -2.98% said it will sell an additional 10 million treatment courses of its oral therapy, Paxlovid, to treat COVID-19 to the U.S. government this year. That doubles the total amount of courses contracted by the U.S. government to 20 million, with 10 million courses to be delivered by the end of June […]
Bank stocks were getting a big, broad boost Tuesday with Treasury yields rallying for a second-straight day, as fears that the spike the omicron variant of the coronavirus will hurt the economy continued to fade. The SPDR S&P Bank ETF KBE, +3.27% rallied 2.3% toward a six-week high, with all 93 of its equity components […]
Shares of Cullinan Oncology Inc. CGEM, +6.87% shot up 15.2% in premarket trading Tuesday, after the biopharmaceutical company said its CLN-081 was granted Breakthrough Therapy Designation (BTD) by the U.S. Food and Drug Administration for the treatment of non-small cell lunch cancer. A BTD expedites the development and review of drugs for the treatment of […]