• Nov 15, 2024

The Many Ways Crypto Won in This Election

The dust is starting to clear on the election and no one won bigger than crypto. Aubrey Strobel looks at how the new Trump Administration could help the industry moving forward.

  • Nov 15, 2024

Eyenovia Stock Sinks As Pivotal Trial Fails To Hit Primary Efficacy Goal, Analyst Downgrades Due To Limited Capital And Near Term Upside From Pipeline

On Friday, Eyenovia, Inc. (NASDAQ:EYEN) stock is trading lower after an update from the Phase 3 CHAPERONE study evaluating its proprietary drug-device combination of low-dose atropine in the company’s Optejet dispensing platform pediatric progressive myopia. Progressive myopia is a type of nearsightedness that worsens over time due to the eyeball growing too long. The company said that an independent Data Review Committee (DRC) reviewed the CHAPERONE data and found that the trial is not meeting

  • Nov 15, 2024

Impossible Burger Moves a Step Closer to Sales in Key EU Market

(Bloomberg) -- Impossible Foods Inc. obtained a second food-safety clearance in the European Union, bringing the company closer to selling its plant-based burger in the world’s biggest market for alternative meats.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesZimbabwe City of 700,000 at Risk of Running Dry by Year-EndSaudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency SaceThe Urban-Rural Divide Over Highway Expansion and EmissionsThe Europ

  • Nov 15, 2024

Solid US retail sales in October underscore economy's resilience

WASHINGTON (Reuters) -U.S. retail sales increased slightly more than expected in October as households boosted purchases of motor vehicles and electronic goods, suggesting the economy kicked off the fourth quarter on a strong note. The fairly upbeat sales report on Friday, which was accompanied by sharp upward revisions to September's data, together with news of a rebound in import prices last month, prompted traders to pare back expectations that the Federal Reserve would cut interest rates in December. Fed Chair Jerome Powell said on Thursday "the economy is not sending any signals that we need to be in a hurry to lower rates."

  • Nov 15, 2024

Gold Faces Worst Week Since 2021 as Fed Signals No Rate-Cut Rush

(Bloomberg) -- Gold traded near a two-month low, on course for its worst week since June 2021 as traders wind back expectations for a Federal Reserve interest-rate cut next month.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesZimbabwe City of 700,000 at Risk of Running Dry by Year-EndSaudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency SaceThe Urban-Rural Divide Over Highway Expansion and EmissionsBullion has fallen six days in a row and is

  • Nov 15, 2024

Why Has Warren Buffett Been Selling So Much Stock?

Warren Buffett is stockpiling cash. His Berkshire Hathaway holding company continued to sell more than it bought in the third quarter when it offloaded a quarter of its stake in Apple, regulatory filings revealed Thursday.