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tupungato/iStock via Getty Images RAPT Therapeutics (NASDAQ:RAPT) stock rallied as much as 180% Monday after the company announced a worldwide licensing deal with China’s Shanghai Jemincare for an allergy drug candidate and a $150M private placement of its stock. RAPT (NASDAQ:RAPT) said it
By David Ljunggren OTTAWA (Reuters) -The head of a Canadian political party that has been keeping Prime Minister Justin Trudeau in power says he will vote in favor of a motion of no-confidence, effectively assuring the Liberals will be removed from power early next year. Trudeau has been under increasing pressure to quit since Finance … Read more
Stay informed with free updates Simply sign up to the Investments myFT Digest — delivered directly to your inbox. Banks were among the best-performing UK shares this year as elevated interest rates provided a boost to the sector, despite concerns over the domestic economic recovery. Shares in NatWest delivered the highest returns this year to … Read more
Paul Ashworth of Capital Economics spoke recently about what will happen to the economy under Trump. Read More
Investopedia / Photo Illustration by Alice Morgan / Getty Images Analysts from Bitwise, Standard Chartered, and VanEck see bitcoin rising to the $180,000 to $200,000 level in 2025. Flows into spot bitcoin ETFs in 2025 could keep pace with the numbers from 2024, analysts say. Bitcoin prices could also see a boost if the U.S. … Read more
Tippapatt Destination XL Group (NASDAQ:DXLG) confirmed on Monday that the retailer received a non-binding acquisition proposal from Fund 1 Investments, LLC. The company noted that its board of directors regularly reviews opportunities to create and enhance shareholder value. The plan is for the board
Microvast Holdings Inc. (NASDAQ:) stock has reached a new 52-week high, trading at $1.96, as investors show increased confidence in the company’s growth prospects. The company, with a market capitalization of $623 million, has demonstrated remarkable momentum with a 252% surge over the past six months. According to InvestingPro analysis, the stock’s RSI suggests overbought … Read more
Until a century ago, these kinds of transactions were not unusual: Before the Alaska purchase, the US bought the territory of Louisiana from France for $15 million in 1803. Read More
(Bloomberg) — Honda Motor Co. sketched plans for a drawn-out deal that amounts to a takeover of Nissan Motor Co. in all but name, as Japan’s automakers struggle to keep up in an increasingly competitive global car industry. Most Read from Bloomberg The two announced a tentative agreement Monday to set up a joint holding … Read more
Invesco SmallCap 600 Pure Growth ETF declares quarterly distribution of $0.11156