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Walgreens Boots Alliance (NYSE: WBA) stock price has become a toxic wasteland. It crashed to a low of $17 on Wednesday, much lower than its all-time high of $71.50, a 76% plunge. Walgreens has lost $85 billion in value Its market cap has plummeted from over $100 billion to about $15 billion, a move that […]

• May 01, 2024 06:35 AM PDT
• Invezz

TG Therapeutics Inc (NASDAQ: TGTX) is up 30% on Wednesday even though it reported a wider-than-expected per-share loss for its fiscal first quarter. Why is TG Therapeutics stock up today? The biotech stock is being rewarded primarily because the revenue printed at $63.47 million versus analysts at $54.61 million. Michael S. Weiss – the chief […]

• May 01, 2024 06:20 AM PDT
• Invezz

Resonance Security, pioneering a comprehensive cybersecurity approach for both Web2 and Web3, announced the successful closure of a $1.5 million Pre-Seed funding round. This funding, led by prominent venture capital firms in the digital asset space, aims to fuel the company’s rapid expansion and innovation in cybersecurity solutions. Strategic backing from industry leaders The funding […]

• May 01, 2024 06:02 AM PDT
• Invezz

Johnson & Johnson (JNJ.N) announced on Wednesday a significant move towards resolving ongoing litigation over its baby powder and other talc products, with a proposed settlement amounting to $6.475 billion. This substantial figure is aimed at settling tens of thousands of lawsuits alleging that the company’s talc products contain asbestos and could cause ovarian cancer. […]

• May 01, 2024 05:45 AM PDT
• Invezz

Riot Platforms Inc (NASDAQ: RIOT) is in the green at writing after reporting a surprise profit for its first financial quarter. Riot comes in shy of revenue estimates in Q1 Revenue printed at $79.3 million in Q1 – versus $95.5 million that experts had forecast, as per the press release the bitcoin miner posted on […]

• May 01, 2024 05:33 AM PDT
• Invezz

On Wednesday, tech giant Microsoft and Brookfield Asset Management of Canada announced plans to develop new solar and wind farms to bring over 10.5 gigawatts of new renewable energy capacity. This deal signifies the importance of meeting clean energy commitments as well as the demands of cloud computing and AI. It will also enable Microsoft […]

• May 01, 2024 05:25 AM PDT
• Invezz

In a significant development, Curve Finance, the protocol behind Curve DAO (CRV) cryptocurrency, has recognized the contributions of cybersecurity researcher Marco Croc by awarding him $250,000 for uncovering a critical vulnerability within the protocol. The researcher, operating under the pseudonym Marco Croc and representing Kupia Security, identified a reentrancy vulnerability in Curve Finance’s decentralized finance […]

• May 01, 2024 05:16 AM PDT
• Invezz

Root (NASDAQ: ROOT) stock price continued its remarkable bull run as it jumped to an all-time high in the pre-market. It soared by almost 30% and reached a high of $90, bringing its market cap to over $1 billion. Root is beating most stocks Root, Inc. stock is beating most companies in Wall Street. It […]

• May 01, 2024 04:49 AM PDT
• Invezz

On Thursday, Apple Inc. (AAPL.O) is set to disclose its quarterly earnings, which analysts predict will show the largest revenue decline for the company in over a year. The focus will likely be on Apple’s initiatives to integrate generative AI into its iPhones and its strategy to recover declining sales in the vital Chinese market. […]

• May 01, 2024 04:29 AM PDT
• Invezz

Pfizer Inc. (NYSE: PFE) has announced its financial outcomes for the first quarter of 2024, displaying strong performance in its non-COVID product portfolio. This includes heightened revenues from recent commercial launches and acquired products, alongside a consistent growth in key in-line brands. Despite a decrease in pandemic-related revenues, the company has raised its Adjusted diluted […]

• May 01, 2024 04:01 AM PDT
• Invezz