US-listed Chinese stocks traded lower on Monday, tracking declines in Hong Kong equities as thin holiday trading and weak China economic data weighed on investor sentiment. Alibaba Group Holding Limited (NYSE:BABA) stock fell after Hong Kong markets slipped into the…
Silver Foretells Please click here for a chart of silver futures (SI_F). Note the following: The chart shows the parabolic move in silver from $65 to $82.67. The chart shows a likely short term blow-off top yesterday evening. Only time…
Financial giants have made a conspicuous bearish move on PayPal Holdings. Our analysis of options history for PayPal Holdings (NASDAQ:PYPL) revealed 30 unusual trades. Delving into the details, we found 30% of traders were bullish, while 50% showed bearish tendencies.…
In the current session, the stock is trading at $23.23, after a 0.39% increase. Over the past month, Annaly Capital Management Inc. (NYSE:NLY) stock increased by 0.61%, and in the past year, by 25.41%. With performance like this, long-term shareholders…
Shares of Ultragenyx Pharmaceutical Inc. (NASDAQ:RARE) fell sharply on Monday. Mereo BioPharma and its partner Ultragenyx revealed results from the Phase 3 Orbit and Cosmic studies for setrusumab (UX143) in Osteogenesis Imperfecta (OI). Osteogenesis Imperfecta (OI) includes a group of…
Genmab A/S (NASDAQ:GMAB) on Monday said it will discontinue further clinical development of acasunlimab. The decision was made as part of Genmab’s strategic focus on the most value‑creating opportunities in its late‑stage portfolio and following a thorough assessment of the…
Praxis Precision Medicines Inc. (NASDAQ:PRAX) stock rose Monday after the U.S. Food and Drug Administration (FDA) granted Breakthrough Therapy Designation (BTD) for ulixacaltamide for essential tremor (ET). Essential Tremor is the most common movement disorder, affecting roughly seven million people…
Strategy Inc. (NASDAQ:MSTR) has acquired another 1,229 BTC for $108.8 million at an average price of $88,568 per Bitcoin (CRYPTO: BTC) as Peter Schiff slammed the company’s five-year buying spree as a 3% annual return disaster. Strategy Resumes Buying After…
U.S. stocks traded lower midway through trading, with the Nasdaq Composite falling more than 100 points on Monday. The Dow traded down 0.43% to 48,500.27 while the NASDAQ slipped 0.52% to 23,470.77. The S&P 500 also fell, dropping, 0.34% to…
Tonix Pharmaceuticals Holding Corp. (NASDAQ:TNXP) on Monday announced program updates on TNX-4800 (formerly known as mAb 2217LS), a long-acting human monoclonal antibody (mAb) that targets the outer surface protein A (OspA) of Borrelia burgdorferi, the causative agent of Lyme disease…