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Teva stock surged Friday after the FDA approved its schizophrenia drug, a once-monthly injectable treatment for the disease. The post Teva, Already Up 26% This Year, Surges Again On First-Of-Its-Kind Approval appeared first on Investor’s Business Daily.
AI stocks dropped on a report that OpenAI’s projected annual revenue is roughly $20 billion lower than earlier projected. The post OpenAI Annualized Revenue $20 Billion Short, Says Report. AI Stocks Fall. appeared first on Investor’s Business Daily.
Viatris pledged Thursday to buy small biotech company Pacira Biosciences for $1.65 billion, sending Pacira stock skyrocketing. The post Pacira Biosciences Snags $1.65 Billion Viatris Takeover Deal; Shares Fly appeared first on Investor’s Business Daily.
Meta stock has rallied thanks to Muse. But it is running into the “internet’s bouncers.” The post Meta’s Muse Is Running Into The ‘Internet’s Bouncers.’ Why Google Has A Key Advantage. appeared first on Investor’s Business Daily.
U.S. consumers are growing increasingly dissatisfied with streaming video services amid steady price increases. The post Streaming Video Price Hikes Test Consumer Spending Limits appeared first on Investor’s Business Daily.
Argenx unexpectedly scrapped a study of its drug, Vyvgart, in patients with Sjogren’s disease on Thursday. The stock plummeted in response. The post Former Highflier Argenx Plummets On A Surprise Setback In Sjogren’s appeared first on Investor’s Business Daily.
Smart glasses, a business category currently led by Meta Platforms, could become a breakthrough AI-first device for consumers. The post AI Smart Glasses Will Be Huge. But Meta Faces A Problem. appeared first on Investor’s Business Daily.
Taiwan Semiconductor Manufacturing on Thursday handily beat sales estimates for September and the full third quarter. The post Chip Foundry TSMC Beats September Sales Target appeared first on Investor’s Business Daily.
Wall Street analysts jacked up their price targets on Marvell stock after the chipmaker raised its sales forecasts well above expectations. The post Marvell Technology Forecasts Accelerating Growth From AI Data Centers appeared first on Investor’s Business Daily.
NetApp stock is “entering a fundamentally better growth and earnings setup,” according to Evercore ISI. The post NetApp Stock Scores Analyst Upgrade To Buy After Big Rally. Here’s Why. appeared first on Investor’s Business Daily.
