Bloom Energy (NYSE: BE), a leading fuel-cell manufacturer, announced on Monday that it is set to receive up to $75 million in federal tax credits for its manufacturing plant located in Fremont, California. This financial boost comes as the company aims to ramp up its...
Elon Musk, CEO of Tesla, announced via a post on the social media platform X that the company will unveil its robotaxi product on August 8th, sparking anticipation among investors for this potential new business avenue amid concerns about slowing growth. Following...
Boehringer Ingelheim announced plans to lay off part of its sales team due to disappointing U.S. sales of its biosimilar version of AbbVie’s Humira, a popular arthritis treatment. The German pharmaceutical company intends to transition to a hybrid sales model by...
IceCure Medical (ICCM), renowned for its innovative cryoablation technology, has announced a noteworthy 26% surge in revenues stemming from sales of its ProSense systems and disposables for the fiscal year concluding on December 31, 2023. Although experiencing a...
UBS has tapped into the expertise of three seasoned bankers to spearhead its equity capital markets (ECM) division in the U.S., aiming to bolster its operations following the challenges posed by its acquisition of Credit Suisse last year. Gregor Feige and Brad Miller...
Manufacturing Data Sparks Rate-Cut Concerns: Investors Eye Fed’s Next Move Monday’s dose of good news in manufacturing was met with cautious glances from investors, as concerns over the Federal Reserve’s rate-cut plans loomed large. With pivotal...
