Safety concerns over cancer cases in a high-dose cohort overshadow strong Phase 3 efficacy data for obefazimod. Abivax SA shares collapsed up to 40% after releasing Phase 3 data for its ulcerative colitis drug, obefazimod. The trial showed strong efficacy, with clinical re
New Berkshire Hathaway CEO Greg Abel Has Now Plowed $26.6 Billion Into This Artificial Intelligence (AI) Stock Berkshire Hathaway CEO Greg Abel is keeping plenty busy in his new job. Two days after Berkshire announced a $6.8 billion acquisition of the major homebuilder Tay
https://investinglive.com/Education/why-citadel-may-pay-for-other-hedge-funds-trading-ideas-what-it-reveals-about-markets-20260602/ What is 'buy side'? What is 'sell side'? What is 'alpha'? An amazing educational article that will educate you about hedge funds and m
May NEV sales at BYD rose 0.3% year-on-year to 383,453 units, ending an eight-month decline streak. Chinese automaker BYD posted a 0.3% year-on-year increase in new energy vehicle sales in May, reaching 383,453 units. The gain marks the company’s first monthly growth since
Quick Read - Rambus (RMBS) posted Q1 FY26 revenue of $180.19M with product revenue up 15% YoY on AI infrastructure demand, but royalties declined to $69.64M from $74M, causing non-GAAP operating margin to compress from 46% to 42% despite the stock’s 166% one-year rally. - Rambus...</stron
Fund cites AI substitution risks as key factor in selling Intuit, contributing to an 8.3% Q1 2026 portfolio decline. Brown Advisory’s Global Leaders Strategy sold its stake in Intuit Inc. (NASDAQ:INTU) during Q1 2026, citing concerns over AI-driven substitution threatening
Quick Read - A $1,000 investment in Intel (INTC) from June 2025 to June 2026 returned $5,592—a stunning 459% gain that dwarfed the S&P 500 in just one year. - Intel’s turnaround hinges on CEO Tan’s CPU-as-AI-orchestration thesis and major partnerships, but the 143x forward...
Nvidia shares surged 6% this week, reclaiming a $5 trillion valuation as investor Cathie Wood added to her position. Nvidia (NVDA) stock climbed Tuesday, extending a seven-day winning streak and pushing its market capitalization back to $5 trillion. Shares rose 6% to start
Key Points - Dollar General beat first-quarter expectations with net sales up 3.4% to $10.8 billion, same-store sales up 2.0%, and diluted EPS rising 12.4% to $2.00. Management said margin improvement and stronger traffic helped offset weather and fuel-cost pressures. - Th
Snowflake (SNOW) has been on fire for its investors as of late. Hot insight: “AI is compounding Snowflake’s strengths in data,” Snowflake CEO Sridhar Ramaswamy said on Yahoo Finance’s Opening Bid (video above). “A lot of our investments coming together Over the past
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