News

Jan 01
Xeris Biopharma soars on premarket leading volume after FDA approval of Cushing's syndrome treatment

Shares of Xeris Biopharma Holdings Inc. XERS, +20.58% shot up 24.3% on heavy volume in premarket trading Friday toward a five-month high, after the biopharmaceutical company said its Recorlev has been approved by the U.S. Food and Drug Administration for the treatment of endogenous hypercortisolemia in adults with Cushing’s syndrome, which is a potentially fatal […]

Jan 01
Xcel Energy's stock leads utilities sector in losses as about 15,000 Colorado customers remain without power

Shares of Xcel Energy Inc. XEL, -0.78% slumped 1.4% in midday trading Friday, and was the biggest decliner among the SPDR Utilities Select Sector ETF’s components. The company said it has restored service for about 80% of its customers that lost power as a result of the “extremely high winds and wildfires” in Colorado. The […]

Jan 01
Oracle's stock falls toward record-long losing streak in wake of Cerner buyout deal

Shares of Oracle Corp. ORCL, -0.91% slipped 0.3% in afternoon trading Friday, putting them on track to extend their losing streak to 11 sessions. That would be the longest such streak since Oracle went public in March 1986, according to Dow Jones Market Data. The database giant’s stock has now tumbled 15.3% since it last […]

Jan 01
Baker Hughes shows weekly active rig count for the U.S. unchanged, but oil rigs up 213 for the year

Baker Hughes BKR, +0.46% data on Friday afternoon showed the U.S. weekly active oil-rig count standing pat at 586. Oil rigs were steady at 480 and those rigs drilling for natural gas held at 106, according to the companies data. For the year, rigs are up 235, with those drilling for oil increasing by 213 […]

Dec 31
Shanghai includes metaverse in its development plan

Shanghai’s five-year plan calls for the use of a metaverse in public services, businesses, entertainment and industrial manufacturing. 3654 Total views 37 Total shares Shanghai, China’s most crowded city, is looking for ways to use a metaverse in public services over the next five years. Shanghai Municipal Commission of Economy and Information Technology’s five-year development […]

Dec 31
Stocks end lower Friday, with S&P 500 still booking 26.9% annual gain for 2021

Stocks ended modestly lower on New Year’s Eve, with the Dow Jones Industrial Average DJIA, -0.16% losing its grip on slight gains late in the year’s final session. The blue-chip index shed about 60 points Friday, or 0.2%, to end near 36,338, still enough to solidify a 1.1% weekly gain, 5.4% advance for December and […]