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Alzheimer’s vaccine licensing deal boosts AC Immune

AC Immune shares jumped more than 50% premarket on Monday after the company announced a licensing deal with Takeda Pharmaceutical Co. for its experimental Alzheimer’s disease vaccine.

Mon May 13, 2024 15:51
Nvidia’s stock can soar 50% more as earnings power still isn’t priced in — HSBC

Nvidia’s stock was on track to rise Monday, as HSBC analyst Frank Lee said despite its continued big rally this year, investors are still significantly underestimating the artificial intelligence plays earnings potential.

Mon May 13, 2024 15:51
OpenAI deal would be AI ‘golden goose’ for Tim Cook and Apple, says Dan Ives

“We would expect Apple to build out a next level Siri technology with OpenAI that can do complex tasks for Apple users,” says Wedbush analyst Dan Ives.

Mon May 13, 2024 15:51
Kenvue’s stock falls after company announces 182.3 million secondary stock offering

The company is not selling the shares and will not receive any proceeds from the sale or from a debt-for-equity exchange planned with Johnson & Johnson.

Mon May 13, 2024 15:51
Who is Michael Cohen, the witness whose testimony could send Donald Trump to prison?

Prosecutors are counting on the jury believing Trump’s one-time fixer as he testifies about arranging alleged hush money payments to make damaging stories go away.

Mon May 13, 2024 15:51
Squarespace’s stock soars after $6.9 billion buyout deal with Permira

Squarespace’s stock shot higher Monday after the online brand-building platform for businesses agreed to be acquired by private-equity firm Permira in a cash deal valued at $6.9 billion.

Mon May 13, 2024 15:51

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