Why did iBio shares rise more than 11% in pre-market trading? -iBio (NASDAQ:IBIO)

iBio Inc. (NASDAQ:IBIO) is trading up 11.51% to $1.55 during Thursday’s pre-market session. View the current price of IBIO shares here. IBIO closed Wednesday’s regular session at $1.39, up 25.23%, according to Benzinga Pro facts. Company announces conference presentations The San Diego-based biotech announced Tuesday that its executives will present data on its obesity treatment […]

Forget China, the Federal Reserve is the biggest seller of US debt – at $1.5 trillion, even as foreign holdings remain stable – SPDR S&P 500 (ARCA:SPY)

While much attention is often paid to foreign ownership of U.S. debt, new analysis shows that the Federal Reserve has been the top seller of U.S. Treasury bonds over the past three years. The central bank has reduced its assets by as much as $1.5 trillion since May 31, 2022, a move that dwarfs the […]

Walmart, Nova Minerals, Astera Labs, Trilogy Metals and Stellantis: Why These Five Stocks Are on Investors’ Radar Today – Walmart (NYSE:WMT)

The stock market was mixed on Tuesday as tensions between the US and China escalated. President Donald Trump accused China of an “economically hostile law” regarding soybean purchases, leading to a decline in major indexes. The Dow Jones Industrial Average gained almost 0.4% to close at 46,270.46, while the S&P500 fell by about 0.2% to […]

Cathie Wood Goes All-In on DraftKings with $8 Million Stock Buy, While Rivals Like Kalshi Threaten Their Market Share and Sell Hot Stock Rocket Lab – DraftKings (NASDAQ:DKNG)

On Tuesday, Cathie Hout-led Ark Invest significant transactions involving DraftKings Inc. (NASDAQ:DKNG), Rocket Lab Corp (NASDAQ:RKLB), and DoorDash Inc. (NASDAQ: DASH). The DesignKings Trade The ARK Innovation ETF (BATS:ARKK) fund bought 236,289 shares of DesignKings on Tuesday. With DraftKings shares closing at $34.36, the transaction is valued at approximately $8.12 million. The move comes as […]

What’s Going On With Broadcom Stock Tuesday? -Broadcom (NASDAQ:AVGO)

Broadcom Inc. (NASDAQ:AVGO) has unveiled the world’s first Wi-Fi 8 silicon ecosystem, marking a quantum leap in wireless technology designed to power the AI-powered edge. The solution is built to meet the performance and efficiency needs of AI-driven networks. Broadcom’s Wi-Fi 8 silicon marks a major step forward in delivering reliable, fast, low-latency connectivity. Using […]

SPAC king Chamath Palihapitiya hails Rare Earth Play MP Materials as stock nears $100: One of the deals that ‘worked’ – MP Materials (NYSE:MP)

Billionaire investor Chamath Palihapitiya, often referred to as the “SPAC King,” recently celebrated a successful venture on MP Materials Corp. (NYSE:MP) as its share price approaches the $100 mark. SPAC deal that created ‘largest source of rare earths’ outside China In his post, he praised the rare earths mining company’s journey since the merger, calling […]

Famous short-seller Jim Chanos wonders the income forecast of AMD after OpenAi Deal: “Shouldn’t this deal bring anymore … for $ AMD?” – Advanced Micro Devices (Nasdaq: AMD)

The renowned short-seller Jim Chanos has publicly questioned the financial benefits of the historical partnership between Advanced Micro Devices Inc. (Nasdaq: AMD) and OpeniSuggesting that the deal may not be as lucrative for AMD as it seems. In a series of messages on social media, Chanos has investigated the structure of the deal, where AMD […]