Pfizer has been making waves in the pharmaceutical world. It recently outmaneuvered Novo Nordisk to secure a deal for Metsera. This win has given Pfizer's stock a boost. But the company's success isn't just about one deal. Pfizer's third-quarter earnings were impressive. They beat Wall Street's expectations for both earnings and revenue. One of their drugs, Lorbrena...
Texas just made a big move against Pfizer. They settled a lawsuit for $41. 5 million. This was about a medicine called Quillivant XR. It's used to treat ADHD in kids. The issue? Tests showed the drug didn't work as it should. It didn't dissolve in the body. But the company kept saying it was fine. Texas said this was fraud. They accused Pfizer of lying to keep selli...
Pfizer's decision to offload its remaining shares in BioNTech (BNTX) has raised eyebrows. This move hints at a lack of faith in BioNTech's COVID-19 vaccine and its stock potential. BioNTech, once a profit powerhouse, is now facing significant losses. Its shares, though not cheap, reflect a company struggling to find solid ground. BioNTech's star product, the COVID-1...
BMW, a well-known car company, is thinking about adding range extenders to some of its electric vehicles. This idea comes as more and more people in China are showing interest in this technology. Range extenders are small engines that give electric cars a longer driving range. The company is considering adding this feature to its larger and more expensive models, li...
In the vast Mojave Desert, the Mountain Pass mine might look like any other barren landscape, but it holds a crucial piece of America's past and future. This mine was once the world's top supplier of rare earth elements, essential for modern tech and military tech. Back in the 1980s, it provided nearly two-thirds of the global demand for these vital materials. Howeve...
Eli Lilly, a big name in the drug world, just hit a huge milestone. It became the first healthcare company to reach a market value of $1 trillion. That's a lot of money! The company's stock hit this mark briefly during trading but then settled a bit lower, with each share going for around $1, 048. So, what's driving this massive growth? Two drugs are the stars here:...
Franklin Templeton, a well-known name in finance, has jumped into the XRP game. They just launched an ETF called the Franklin XRP Trust (XRPZ) on the NYSE Arca. This means investors can now get their hands on XRP through a regulated product. Franklin isn't the only one doing this. Other big players like Bitwise, Grayscale, and Canary Capital are already in the mix. ...
Damon Jones was once a well-known figure in the NBA, recognized for his flashy style and confident demeanor. During his time with the Cleveland Cavaliers from 2005 to 2008, Jones was known for his flashy cars and suits, as well as his trash-talking and gambling habits. His license plate, "4Point8, " was a reference to a game-winning shot he made in 2006. Jones was a ...
A major crypto company, Binance, is now dealing with some serious accusations. People affected by the October 7, 2023, attacks in Israel are saying Binance helped Hamas move money around. This attack was really bad, with over 1, 200 people losing their lives and 250 taken hostage. The lawsuit is under a special law that targets people who support terrorism. It claim...
Inno Holdings, a Texas-based company, saw its stock price surge and then plummet in a single day after announcing a new partnership. The firm teamed up with Megabyte Solutions to integrate Web 3. 0 technology into its business-to-business platform. This move shifts Inno Holdings away from its traditional construction technology focus. The partnership aims to make tr...