Reuters Gilead said on Sunday it had agreed to acquire the cancer-drug company Immunomidics for 21 billion. Immunomedic shares rose 106% on Monday following the news. Immunomidics, used to treat various forms of breast cancer, sells Drodelvi and is being evaluated for other possible signs of cancer. Trodelvie was approved …
Read More »Billionaire investor Chamath Palihapitiya, headed by Social Capital SPAC, has held advanced talks to merge with Opendur, the report said.
Reuters Bloomberg reported on Thursday that social capital Hidosophia Holdings Corp. II, the “blank check” is being discussed in public by Openandur through a partnership with the company or SPAC, Bloomberg reported on Thursday. Opendur is a property technology company that buys homes directly from sellers, makes some improvements to …
Read More »Tesla could increase another 71% from current levels, as it unlocks more growth potential in China, says one analyst
Reuters Tesla’s meteoric rise is set to continue as it capitalizes on robust growth from China, according to Wedbush. In a note published on Sunday, Wedbush said that in a bull scenario, Tesla could jump another 71% from current levels to $ 3,500. Pent-up demand for its cars in China, …
Read More »Tesla, Apple grows 5% to record highs as both companies prepare for their distribution (AAPL, TSLA)
} Richard Drew / AP Photo Tesla and Apple both grew 5% at record highs on Friday as both companies prepared to share on their next week. Tesla’s shareholder date is Friday at the end of the business, while Apple’s shareholder date is Monday, August 24th. After their respective record …
Read More »Goodyear tumbles 6% after Trump tweets to boycott company over MAGA has ban (GT)
Elise Amendola / AP Goodyear Tire & Rubber Co. fell as much as 6% on Wednesday after President Donald Trump told his 85 million Twitter followers to boycott Goodyear ties. “DO NOT BUY GOODYEAR TIRES – They announced a BAN ON MAGA HATS,” Trump tweeted. Trump’s tweet was likely prompted …
Read More »