Merck & Co is on the brink of a $1.3 billion cash splash to acquire Eyebiotech, a biotech firm specializing in ophthalmology, with an extra $1.7 billion in milestone payments potentially on the table, according to the Wall Street Journal on Tuesday. The ink might...
Wall Street Wades Through Holiday Lull, Anticipates Inflation Data Frenzy In the dim glow of Monday evening, U.S. stock index futures tiptoed upward, all eyes keenly fixed on upcoming interest rate hints from key inflation data expected later this week. With Memorial...
AliExpress, the e-commerce wing of Chinese behemoth Alibaba (NYSE: BABA), has scored a major goal by signing former England captain and soccer legend David Beckham as its global brand ambassador. This savvy move aims to challenge the rising global presence of PDD...
Nvidia’s High-Flying Earnings Grounded by Inflation Fears as Wall Street Stumbles As the sun set on Thursday evening, U.S. stock index futures found a bit of stability, still licking their wounds from a bruising session earlier. The dual specters of persistent...
In a scene worthy of a medical drama, advisers to the U.S. Food and Drug Administration cast a crucial vote on Thursday, leaning 7-to-2 in favor of Guardant Health’s (NASDAQ:GH) blood test, Shield, for detecting colorectal cancer (CRC). The FDA is expected to...