Latest Updates Around The World
Eli Lilly will buy Orna Therapeutics for up to $2.4 billion in cash, giving it access to a technology that allows patients’ own cells to generate therapies in the body without having to be extracted.The deal, announced on Monday, is the latest in a series of transactions the US drugmaker has signed in recent months […]
The S&P 500 struggled to provide direction while the Dow edged higher Wednesday as strong results from Eli Lilly and Super Micro Computer provided some support to the market struggling with a sell-off in software and cloud.The software and services index, home to several leading cloud and software companies, fell for the sixth consecutive year, […]
NEW YORK: US stocks ended sharply higher on Friday as traders increased their bets on a Federal Reserve rate cut next month, while all three major indexes posted losses this week on concerns about high technology valuations. Nvidia shares rose briefly in afternoon trading after sources familiar with the matter said the Trump administration is […]
Wegovy maker Novo Nordisk said on Wednesday that it will sharpen its commercial focus and lower the costs, after a large profit warning and new CEO announcement last week wiped around $ 95 billion in value of the shares of the company. The Danish drugstore, which became a high growth of the most valuable company […]
