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U.S. stocks opened sharply higher on Tuesday, bouncing off 21-month lows as they looked to snap a 5-day losing streak that had driven the Dow Jones Industrial Average into bear-market territory for the first time in more than two years. The S&P 500 SPX, +1.00% advanced 38 points, or 1.1%, to 3,693. The Dow DJIA, […]
Novavax Inc. NVAX, +9.94% said Tuesday that one million doses of its protein-based COVID vaccine Nuvaxovid are now available in the U.K. “With U.K. data showing that people infected with both COVID-19 and the flu are more than five times as likely to die compared to someone with no infection(1) , it is more important […]
Shares of Avidity Biosciences Inc. RNA, -17.20% tumbled 23.7% in premarket trading on Tuesday after the company said the Food and Drug Administration placed a partial clinical hold on new enrollment in a Phase 1/2 clinical trial trial evaluating a new treatment for myotonic dystrophy type 1, a progressive neuromuscular disease. Avidity said the partial […]
Cracker Barrel Old Country Store Inc. stock CBRL, +5.57% rose 2.3% in premarket trade Tuesday, after the restaurant and retail store operator beat profit estimates for its fiscal fourth quarter, offsetting a revenue miss, and offered upbeat revenue guidance for fiscal 2023. The company posted net income of $33.4 million, or $1.47 a share, for […]
Russia is currently in the pilot phase of its CBDC development and is expected to complete the development by early next year. 2467 Total views 53 Total shares Russia is in the pilot phase of its central bank digital currency development (CBDC), and new reports indicate that the country could use its national digital currency […]
Shares of Oracle Corp. ORCL, -0.02% rose 1.2% in morning trading Tuesday, after the Securities and Exchange Commission said the enterprise software company will pay more than $23 million to settle bribery charges. The SEC had charged Oracle for violating provisions of the Foreign Corrupt Practices Act (FCPA), saying subsidiaries in Turkey, the United Arab […]