The U.S. Food and Drug Administration (FDA) on Tuesday approved Agios Pharmaceuticals, Inc.’s (NASDAQ:AGIO) Aqvesme (mitapivat), an oral pyruvate kinase (PK) activator, for anemia in adults with alpha- or beta-thalassemia, a rare type of blood disorder that impacts hemoglobin production.…
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. Benzinga readers can review the latest analyst…
Snowflake Inc. (NYSE:SNOW) is in talks to acquire application monitoring startup Observe Inc. for about $1 billion. The Information reported the potential deal on Wednesday, though the transaction has not yet been finalized. Observe offers a modern observability platform built…
Faraday Future Intelligent Electric Inc. (NASDAQ:FFAI) stock rose Wednesday after the company disclosed that its Middle East subsidiary inked a memorandum of understanding (MOU) with RAK Digital Assets Oasis (also known as RAK Innovation City). The MOU outlines plans for collaboration…
Accenture plc (NYSE:ACN) on Wednesday disclosed a deal to acquire Cabel Industry from the Fibonacci Group for an undisclosed amount. The Italian firm delivers specialized core banking solutions and IT managed services for mid-sized financial institutions. The company said deal…
Copper has surged past $12,000 per ton for the first time on record. The late rally rounds out a breakthrough year for the orange metal, which saw a nearly 40% price increase. The move reflects growing investor confidence in unavoidable…
Sanofi SA (NASDAQ:SNY) on Wednesday agreed to acquire Dynavax Technologies Corporation (NASDAQ:DVAX) for $15.50 per share in cash, reflecting a total equity value of approximately $2.2 billion. The acquisition augments Sanofi’s presence in adult immunization. Key Vaccine Assets Dynavax’s adult…
Ed Yardeni, president of Yardeni Research, believes the era of unchecked dominance for the ‘Magnificent 7’ tech stocks is waning, arguing that the artificial intelligence (AI) boom is poised to benefit the broader range of companies he calls the “Impressive…
The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when…
Broadcom Inc. (NASDAQ:AVGO) is rolling out a new generation of storage networking products as it prepares customers for rising artificial intelligence workloads and emerging security risks tied to quantum computing. The company has launched its Gen 8 Fibre Channel switch…