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US FDA expands use of Merck's cancer drug for adrenal gland tumors
May 14 (Reuters) - The U.S. Food and Drug Administration said on Wednesday it has approved Merck's MRK.N cancer drug to expand its use to two types adrenal gland tumors.
Reuters
Wed, May 14
Other
Sanofi to invest at least $20 billion in the US through 2030
May 14 (Reuters) - French drugmaker Sanofi SASY.PA said on Wednesday it plans to invest at least $20 billion in the United States through 2030, which includes an increase in research and development spending and the allocation of billions of dollars to US manufacturing.The announcement makes Sanofi ...
Reuters
Wed, May 14
Stocks
Why Oklo Stock Is Skyrocketing Today
Shares of Oklo (NYSE: OKLO) are skyrocketing on Wednesday. The nuclear power start-up's stock surged 16% as of 12:17 p.m. ET today and gained as much as 22.9% earlier in the day. The impressive jump comes as the S&P 500 and Nasdaq Composite gained 0.1% and 0.6%, respectively.The company, which is de...
The Motley Fool
Wed, May 14
Stocks
LIVE MARKETS-Hard data resilience points to strong stock returns
Nasdaq up ~0.8%, S&P 500 modestly green, Dow edges lowerComm Svcs leads S&P 500 sector gainers; Healthcare weakest groupDollar, crude dip; bitcoin off ~1%; gold down ~2%US 10-Year Treasury yield edges up to ~4.52%Welcome to the home for real-time coverage of markets brought to you by Reuters...
Reuters
Wed, May 14
Other
Perplexity, PayPal partner to provide easy payment checkouts to users
May 14 (Reuters) - Perplexity AI said on Wednesday it had partnered with payments firm PayPal PYPL.O to enable direct purchases within its chat interface.The deal will strengthen Perplexity's agentic commerce offering, a rapidly growing trend where AI agents not only help consumers with shopping...
Reuters
Wed, May 14
Other
Google says hackers that targeted UK retail sector are now targeting US retailers
WASHINGTON, May 14 (Reuters) - Alphabet's Google GOOGL.O says that the hackers who have targeted the UK retail sector are now turning their attention to American retailers.In an email sent Wednesday, Google's cybersecurity arm said that the hackers "are aggressive, creative, and particul...
Reuters
Wed, May 14
Other
Sanofi To Invest At Least $20 Billion In The Us Through 2030
May 14 (Reuters) - Sanofi SASY.PA:SANOFI TO INVEST AT LEAST $20 BILLION IN THE US THROUGH 2030, GROWING INVESTMENTS IN SCIENCE AND EXPANDING DOMESTIC MANUFACTURINGSANOFI: OF TOTAL INVESTMENT, WILL SUBSTANTIALLY INCREASE SPENDING IN US ON RESEARCH AND DEVELOPMENT TO ACCELERATE ITS SCIENCESANOFI SA - ...
Reuters
Wed, May 14
Forex
EUR/CHF price analysis: Pair maintains bullish tone with minor gains on Wednesday
The EUR/CHF pair is trading around the 0.9400 zone on Wednesday, reflecting a slightly bullish tone with minor gains as the pair remains within the mid-range of its recent fluctuation.
EUR/CHF
EUR/JPY
Fxstreet
Wed, May 14
Other
FDA Approves Belzutifan For Pheochromocytoma Or Paraganglioma
May 14 (Reuters) - FDA:FDA APPROVES BELZUTIFAN FOR PHEOCHROMOCYTOMA OR PARAGANGLIOMA
Reuters
Wed, May 14
Stocks
Verrica Pharmaceuticals Inc reports results for the quarter ended March 31 - Earnings Summary
Verrica Pharmaceuticals Inc VRCA.OQ reported a quarterly adjusted loss of 10 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -44 cents. The mean expectation of six analysts for the quarter was for a loss of 10 cents per shar...
Reuters
Wed, May 14
Other
Americans worry about Trump's handling of measles outbreak, Reuters/Ipsos poll finds
Poll shows skepticism about Trump administration's handling of measles outbreakMMR vaccine seen as safe by 86% of AmericansVaccination rates drop, fueling outbreak concernsBy Jason Lange and Julie Steenhuysen WASHINGTON, May 14 (Reuters) - Americans worry about the Trump administration's ...
Reuters
Wed, May 14
Stocks
Ubisoft misses estimates as net bookings fall 20.5% YoY
Investing.com -- Ubisoft Entertainment (EPA:UBIP) reported lower-than-expected earnings for fiscal year 2024-25 as net bookings declined 20.5% year-over-year, reflecting weaker partnerships and in
Investing.com
Wed, May 14
Stocks
NVIDIA, AMD targets raised at BofA following sovereign AI deals
Investing.com -- Bank of America raised its price targets for NVIDIA and AMD (NASDAQ:AMD) on Wednesday, citing wins in sovereign artificial intelligence projects that could help offset export restrict
Investing.com
Wed, May 14
Other
Western carmakers risk wipeout in China, warns Jeep owner Stellantis - FT
-- Source link: https://tinyurl.com/yc6k5xtz-- Note: Reuters has not verified this story and does not vouch for its accuracy
Reuters
Wed, May 14
Stocks
US STOCKS-S&P 500 directionless as investors focus on global trade moves
Indexes up: Dow 0.09%, S&P 500 0.20%, Nasdaq 0.66%Boeing rises after Qatar Airways signs deal for 160 jetsAmerican Eagle Outfitters drops after withdrawing FY forecastAMD gains after announcing $6 billion buyback planBy Shashwat Chauhan and Pranav Kashyap May 14 (Reuters) - The S&P 50...
Reuters
Wed, May 14
Stocks
Trading platform eToro jumps in cracking Nasdaq debut after $620 mln IPO
** Retail trading platform eToro Group's ETOR.O shares open 34% above offer price in Nasdaq debut ** Stock opens at $69.69 vs $52 IPO price ** Israel-based ETOR and some existing stockholders sold ~11.9 million shares at $52 apiece to raise $620 million in an upsized IPO *...
Reuters
Wed, May 14
Stocks
Israeli trading platform eToro gains over 34% in bumper Nasdaq debut
May 14 (Reuters) - Shares of eToro ETOR.O rose 34% above the initial public offering price in their Nasdaq debut on Wednesday, valuing the Israeli retail trading platform at $5.64 billion.
Reuters
Wed, May 14
Forex
RPT-EXCLUSIVE-ECB supervisors press banks on dollar funding over Trump concerns, sources say
EU supervisors step up demands to reduce liquidity risks, sources saySenior bankers assess unprecedented scenarios of Fed withholding dollars in emergencyRisks of Fed dollar freeze in crisis seen at 5% from 0% before, source saysBy Stefania Spezzati, Jesús Aguado, Lawrence White, Elisa Martinuzzi ...
Reuters
Wed, May 14
Commodities
METALS-US-China tariff pause drives base metals towards early April price levels
By Ashitha Shivaprasad and Polina Devitt May 14 (Reuters) - Copper, aluminium and zinc prices rose to their highest since early April on Wednesday as a 90-day pause agreed by Beijing and Washington on most of their tit-for-tat tariffs raised risk appetite in growth-dependent metals, for now.Bench...
Reuters
Wed, May 14
Commodities
Brazil corn output forecast at 125 mln metric tons, association president says
By Oliver GriffinBRASILIA, May 14 (Reuters) - Brazil's corn output is forecast to hit around 125 million metric tons in the 2024/25 crop, Paulo Bertolini, president of Abramilho, the Brazilian Association of Corn and Sorghum Producers, said on Wednesday, adding that the ethanol industry's co...
Reuters
Wed, May 14
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