Shares of Sarepta Therapeutics soared about 15 percent in premarket trading on Wednesday after the company reported positive results from a clinical trial of an experimental medicine for Duchenne muscular dystrophy. The drug would be Sarepta’s second to treat the rare, genetic disease, which causes muscle wasting and can be fatal before patients turn 30. […]
Read moreStart-ups typically flock to Silicon Valley to cozy up to venture investors and tap into local tech talent. But Guild Education, which was founded in 2015 at Stanford University, fled San Francisco as soon as its founders realized the cost of living and hiring there could hamper the company’s growth. “We have a lot of […]
Read moreChina’s banning of initial coin offerings for new digital currencies may stop scams and improve the market but these ICOs are very much here to stay, industry experts told CNBC. ICOs allow organizations to raise investment by selling new cryptocurrencies, similar to bitcoin, in return for cash or other established digital currencies. However, the People’s […]
Read moreApple is using pop-up alerts to tease new features coming to the iPhone and iPad. The company began rolling out new “tips” pop-ups on Tuesday. Users may have started to see the alerts appear on iPhones and iPads that look like the image above. The tips show users some of the new features that are […]
Read moreHouston area residents picked up the pace of their recovery from Hurricane Harvey on Tuesday, jamming roads as they returned to offices and schools to help get the nation’s fourth largest city and its vital shipping and oil industries back on track. The region is getting a boost from Mexico, which sent volunteers to shelters […]
Read moreAdd Kohl’s to the list of brick-and-mortar retailers signing deals with Amazon. The department store chain unveiled plans on Wednesday to roll out a “smart home experience” in 10 stores, ahead of the holiday shopping season. Beginning in October, shoppers at the designated locations in Los Angeles and Chicago will be able to purchase Amazon […]
Read moreCheck out which companies are making headlines before the bell: Exxon Mobil – UBS upgraded the stock to “neutral” from “sell,” noting the underperformance of the stock this year and an improved macro outlook for the oil industry. Sarepta Therapeutics – The drugmaker announced positive study results for a new treatment for Duchenne Muscular Dystrophy. […]
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Small-cap stocks fell about 1 percent on Tuesday, and Todd Gordon says it’s just the first sign that the small-caps’ recent run is done. “It’s been a little too far in a little too short period of time,” the TradingAnalysis.com founder said Tuesday on CNBC’s “Trading Nation.” “We’ve moved up into technical resistance; I think […]
Read morePresident Donald Trump’s administration is set to unveil revised self-driving vehicle guidelines next week in Michigan, responding to automakers’ calls for elimination of legal barriers to putting autonomous vehicles on the road, sources briefed on the matter said on Tuesday. U.S. Transportation Secretary Elaine Chao was expected to unveil the revised guidelines next Tuesday at […]
Read moreAdvanced hackers have targeted United States and European energy companies in a cyber espionage campaign that has in some cases successfully broken into the core systems that control the companies’ operations, according to researchers at the security firm Symantec. Malicious email campaigns have been used to gain entry into organizations in the United States, Turkey […]
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