Summit Therapeutics Inc. (NASDAQ: SMMT) is experiencing a significant surge in its stock price, up 63% midday Monday, following the release of groundbreaking data from a key clinical trial. The stock, which closed at $12.27 on Friday, opened at $16 and has been...
A recent investigation by the Associated Press has unveiled a troubling oversight in the regulation of pharmaceutical manufacturing plants by the U.S. Food and Drug Administration (FDA). According to their analysis, nearly half of the drug manufacturing facilities...
Wells Fargo & Co. (WFC) saw its shares rise approximately 6% on Friday morning following the bank's impressive third-quarter earnings report, which exceeded analysts’ expectations. The lender announced a net income of $5.11 billion for the quarter, down from $5.77...
Tesla, the electric vehicle (EV) maker known for its ambitious innovations, experienced a notable stock decline following the much-anticipated unveiling of its Cybercab robotaxi prototype. On Friday morning, shares were down approximately 8.6%, adding to a 6% dip...
Inflation in the United States rose to 2.4% in September, according to the latest report from the Bureau of Labor Statistics (BLS). This figure represents a 0.2% increase in the consumer price index (CPI) for the month, slightly surpassing the Dow Jones consensus...