Financial & Business News

Dr. Reid Bissonnette, Executive Consultant for Translational Research and Development at Xenetic, discusses positive preclinical data recently presented at the Society for Immunotherapy of Cancer (SITC) 39th Annual Meeting Watch the "What This Means" video here FRAMINGHAM, MA / ACCESSWIRE / November 22, 2024 / Xenetic Biosciences, Inc. (NASDAQ:XBIO) ("Xenetic" or the "Company"), a biopharmaceutical company focused on advancing innovative immune-oncology technologies addressing hard to treat cancers, today announced that announced that Dr. Reid Bissonnette, Executive Consultant for Translational Research and Development at Xenetic participated in a Virtual Investor "What This Means" segment. As part of the segment, Dr. Bissonnette discussed key highlights from the Company's recent positive data demonstrating DNase I significantly improves efficacy of anti-CTLA-4 immune checkpoint blockade in preclinical models of microsatellite stable/mismatch repair proficient (MSS/MMRp) colorectal car

Amazon on Friday announced it would invest an additional $4 billion in Anthropic, the artificial intelligence startup founded by ex-OpenAI research executives. The new funding brings the tech giant's total investment to $8 billion, though Amazon will retain its position as a minority investor.

U.S. shale oil producer ConocoPhillips said on Friday it has completed the $22.5 billion deal to acquire smaller peer Marathon Oil.

WOBURN, Mass., Nov. 22, 2024 (GLOBE NEWSWIRE) -- Biofrontera Inc. (Nasdaq: BFRI) (“Biofrontera” or the “Company”), a biopharmaceutical company specializing in the development and commercialization of photodynamic therapy (PDT), today announced the completion of a private placement of a $4.2 million senior secured convertible note (the “Note”) with its principal shareholders.

Amazon.com Inc (NASDAQ:AMZN) founder Jeff Bezos has denied claims from Tesla Inc (NASDAQ:TSLA) CEO Elon Musk that he believed President-Elect Donald Trump would lose the election and he told people to sell their shares in Musk-owned companies before the vote.   Elon wrote in a post on X, his social media platform: “Just learned tonight at Mar-a-Lago that Jeff Bezos was telling everyone that @realDonaldTrump would lose for sure, so they should sell all their Tesla and SpaceX stock,” followed by a laughing emoji.

TSM is 18% undervalued, driven by its unique strategic positioning, cutting-edge technologies, and strong financials. TSM's focus on high-margin advanced technologies and diversified revenue mix ensures stellar profitability and robust growth, especially with AI tailwinds. TSM's strategic partnerships with leading chip design companies and commitment to evolving technologies position it for future profitability expansion.

Cirrus Logic reported record revenue for September, but December guidance fell short, causing a negative market reaction despite upbeat management. Key reasons for the guidance shortfall include a shifted revenue pattern, a shorter December quarter, and an earlier Android ramp. Future growth expected from new PC and Android products, with potential earnings boost from lower corporate tax rates.

A technical strategist has warned that Nvidia's (NASDAQ: NVDA) dominance in artificial intelligence might be challenged due to its enormous valuation.

Approval Marks a Key Milestone in Mercurity Fintech's Strategic Expansion Across Digital and Traditional Financial Services Approval Marks a Key Milestone in Mercurity Fintech's Strategic Expansion Across Digital and Traditional Financial Services

Los Angeles, CA, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Thumzup Media Corporation ("Thumzup" or the "Company") (Nasdaq: TZUP), a leading provider of innovative social media branding and marketing solutions which allow businesses and brands to pay customers and fans cash through Venmo and PayPal for their posts on social media, is pleased to announce that its proprietary ad-tech platform has now attracted over 500 advertisers, reflecting a robust 202% growth since the beginning of the year.