Alvotech (NASDAQ:ALVO) shares climbed 12% in premarket trading on Thursday after the biotechnology company announced that the U.S. Food and Drug Administration has accepted its Biologics License Application for AVT16, an interchangeable biosimilar candidate to Entyvio
Markets face a packed agenda in the days ahead, with investors preparing for a potentially record-breaking SpaceX IPO, crucial U.S. inflation figures, a European Central Bank policy decision, and earnings reports from technology giants Oracle and Adobe that could offer fresh...</
A 10% drop in the SOX semiconductor index and rising Fed rate-hike bets weigh on tech stocks worldwide after strong jobs data. Global tech stocks retreated sharply as the SOX semiconductor index plunged 10% on Friday, led by Broadcom’s 20% two-day decline. The Nasdaq fell
Berkshire's insurance operations generate stable float, now a key growth driver alongside its $397.4 billion cash pile. Berkshire Hathaway holds $397.4 billion in cash, overshadowing its $328 billion in stock holdings, yet its insurance float remains a critical but overloo
Skillz(SKLZ) announced that it intends to change its corporate name to Firy Inc. on June 18. In addition, the companyâs Class A common stock is expected to begin trading under the ticker symbol FIRY on the New York Stock Exchange, effective the following
Micron Technology stock fell 13% on June 5, 2026 Micron Technology's stock closed at $864 on June 5, 2026, down roughly 13% from a prior close of $996. The company's market capitalization sat at $974.37B after the drop. The decline came despite the stock still bein
Saudi Arabia reduces Arab Light crude prices for Asia to $9.50 per barrel over Oman/Dubai benchmarks, marking a second consecutive monthly cut. Saudi Aramco lowered its official selling prices for July-loading crude across Asia, Europe, and the U.S. by $6 per barrel. The m
Zealand Pharma's stock drops sharply after trial data raises potential side effect risks for its experimental obesity treatment. Zealand Pharma (ZLDPF) shares fell as much as 26% after new data from its experimental weight-loss drug, survodutide, raised safety concerns. Th
The ban threatens Texas cattle exports amid rising producer costs and operational disruptions for U.S. beef suppliers. U.S. officials confirmed a second screwworm case, prompting Canada to bar Texas livestock imports. The outbreak adds pressure to the already shrinking U.S
A $1 increase in modified adjusted gross income above $109,000 triggers annual Medicare premium surcharges for retirees. A retired teacher with a $1.1 million 403(b) plan and $48,000 state pension faces an unexpected $1,150 annual Medicare surcharge after crossing the $109
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