Author: Bella Hayes
Investing.com– U.S. stock index futures were higher on Sunday evening as Wall Street took some relief from softer inflation data, although investors were still bracing for a slower pace of interest rate cuts in the coming year. The Federal Reserve projected fewer-than-expected cuts in 2025 last week, which had sparked deep losses in Wall Street indexes for two consecutive days and also spurred weekly losses. rose 0.3% to 6,020.50 points, while gained 0.4% to 21,655.25 points by 18:40 ET (23:38 GMT). were 0.3% higher at 43,425.0 points. Investors assess PCE data, Fed comments for rate outlook data—a key inflation gauge…
(This Dec 20 story has been to remove the reference to China’s crude imports peaking as soon as 2025 in paragraph 9) By Arathy Somasekhar HOUSTON (Reuters) – Oil prices settled little changed on Friday as markets weighed Chinese demand and interest rate-cut expectations after data showed cooling U.S. inflation. futures closed up 6 cents, or 0.08%, at $72.94 a barrel. U.S. West Texas Intermediate crude futures rose 8 cents, or 0.12%, at $69.46 per barrel. Both benchmarks ended the week down about 2.5%. The U.S. retreated from a two-year high, but was heading for a third consecutive week of…
Foxtel, which has transformed into a digital and streaming leader in sports and entertainment content under News Corp (NASDAQ:) management, will join DAZN, a global provider of sports streaming, giving international exposure to Australian sport, while bringing Australian sports fans greater access to programming from across the globeEnterprise value represents more than 7x Fiscal 2024 Foxtel EBITDA, including repayment of shareholder loans amounting to A$706 million and minority equity interest of approximately 9% in DAZN Transaction (JO:) enables News Corp to further simplify to drive long-term stockholder value and increase focus on key growth pillars SYDNEY–(BUSINESS WIRE)–News Corporation (News Corp…
LOS ANGELES–(BUSINESS WIRE)–Faraday Future Intelligent Electric Inc. (: FFIE) (FF, Faraday Future, or Company), a California-based technology company specializing in artificial intelligence electric vehicles (AIEV), announced that it has secured approximately $30 million in cash financing commitments. The funds will be used to accelerate the Company’s growth and the development of Faraday X (FX), FF’s strategy of launching affordable high performance AIEV equipped vehicles with cutting edge technology, filling the U.S. market gap in this segment, and for general corporate purposes. Targeting the mainstream EV market in the U.S., FF is expected to have its first two FX prototype mules…
Stuart Therapeutics adds recognized leaders in ophthalmology therapeutics development, commercialization. STUART, Fla., Dec. 22, 2024 /PRNewswire/ — Stuart Therapeutics announced today the appointment of Tracy Valorie and Jason Werner to the company’s Board of Directors, bringing the total number of Board members to five. These new Directors will hold the positions previously held by Robert O. Baratta, MD, who passed away suddenly in the third quarter of this year, and retired US Representative Diane Black, RN, who recently resigned her position on the company’s Board. Tracy Valorie is a strategic business consultant and the owner of ™V Associates LLC since…
New York, New York–(Newsfile Corp. – December 22, 2024) – Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Sun Communities (NYSE:), Inc. (“Sun Communities” or “the Company”) (NYSE: SUI) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Sun Communities securities between February 28, 2019 and September 24, 2024, both dates inclusive (the “Class Period”). Such investors are encouraged to join…
RADNOR, PA – (NewMediaWire) – December 22, 2024 – The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against Kyverna Therapeutics, Inc. (Kyverna) (NASDAQ: KYTX) on behalf of those who purchased Kyverna common stock pursuant and/or traceable to Kyvernas February 8, 2024 initial public offering (IPO). The lead plaintiff deadline is February 7, 2025. CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP: If you suffered Kyverna losses, you may CLICK HERE or copy and paste this link into your browser: https://www.ktmc.com/new-cases/kyverna-therapeutics-inc?utm_source=PR&utm_medium=link&utm_campaign=kytx&mktm=r You can also contact attorney Jonathan Naji,…
RADNOR, PA. – (NewMediaWire) – December 22, 2024 – The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against Symbotic Inc (NASDAQ:). (Symbotic) (NASDAQ: SYM) on behalf of those who purchased or otherwise acquired Symbotic securities between February 8, 2024, and November 26, 2024, inclusive (the Class Period). The lead plaintiff deadline is February 3, 2025. CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP: If you suffered Symbotic losses, you may CLICK HERE or copy and paste this link into your browser: https://www.ktmc.com/new-cases/symbotic-inc-2?utm_source=PR&utm_medium=link&utm_campaign=sym&mktm=r You can also contact attorney…
New York, New York–(Newsfile Corp. – December 22, 2024) – WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of PACS Group Inc. (NYSE: PACS) of (i) common stock pursuant and/or traceable to the registration statement and prospectus (collectively, the “Registration Statement”) in connection with the Company’s April 11, 2024 initial public offering (“IPO”); (ii) securities between April 11, 2024 and November 5, 2024, both dates inclusive (the “Class Period”); and/or (iii) common stock pursuant and/or traceable to the registration statement and prospectus issued in connection with the Company’s September 2024 secondary public offering (“SPO”), of the…
(Reuters) – Data analytics firm Palantir Technologies (NASDAQ:) and defense tech company Anduril Industries are in talks with about a dozen competitors to form a consortium that will jointly bid for U.S. government work, the Financial Times reported on Sunday. The consortium, which could announce agreements with other tech groups as early as January, is expected to include SpaceX, OpenAI, autonomous shipbuilder Saronic and artificial intelligence data group Scale AI, the newspaper said, citing several people with knowledge of the matter. “We are working together to provide a new generation of defence contractors,” a person involved in developing the group…
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