Amazon.com Inc.'s (NASDAQ:AMZN) stock may be struggling as it heads into 2025, but ETFs have not abandoned it. Shares of the e-commerce and cloud giant are up only 6% this year, significantly trailing the S&P 500's 18% gain. Slowing growth…
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…
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…
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…
Inovio Pharmaceuticals Inc. (NASDAQ:INO) stock fell Monday after the U.S. Food and Drug Administration accepted the company’s Biologics License Application (BLA) for INO-3107 but raised concerns tied to the accelerated approval pathway. The biotechnology company focused on developing and commercializing…
Theriva Biologics, Inc. (NYSE:TOVX) stock rose on Monday, with a session volume of 114.18 million compared to the average volume of 15.61 million, as per data from Benzinga Pro. The company received Scientific Advice from the Committee for Medicinal Products…
Novo Nordisk A/S (NYSE:NVO) has reportedly slashed list prices for its obesity drug Wegovy by about 50% in parts of China, signaling a defensive move ahead of rising generic competition. Citing local print media, Bloomberg noted on Monday that prices…
Fusion Fuel Green PLC (NASDAQ:HTOO) said Monday that its wholly-owned subsidiary has entered into agreements with a green energy technologies provider to establish Bright Hydrogen Holding Company Limited. Details This new entity will serve as a dedicated platform for developing,…
Tutor Perini Corporation (NYSE:TPC) said Monday it has been awarded a design change order valued at approximately $53 million for the City Center Guideway and Stations Project in Honolulu, Hawaii. The award expands the company's role on the project by…