Sanofi will acquire all of the outstanding shares of Principia biopharma for $100 per share in cash, a price that represents an aggregate equity value of approximately $3.68 billion on a completely diluted basis.
It has become known that the nonprofit organization Privacy Collective filed a class action lawsuit against tech giants Oracle and Salesforce for violating EU GDPR.
The shares of iQIYI plummeted on Thursday and the after-hours trading following a fraud investigation by the SEC into the Baidu-backed firm.
Goldman Sachs has sold off 9% of its MoneyGram shares worth $6.5 million. The investment banking giant revealed this is an SEC regulatory filing this week.
Along with the 5G-enabled iPhone 12, Apple plans to launch new services bundles platform called “Apple One.”
Following the Q2 2020 earnings report, Lyft stock fell. On August 12, it closed 0.42% down, at $30.52 per share. In the pre-market trade today, it slightly declined.
Tencent has reported its Q2 earnings, but this fastest revenue-growing quarter in over a year will not outshine prohibiting order for WeChat.
Announcing its stock split, Tesla said that they were looking to make its shares more accessible to employees and small investors.
Moderna inked a $1.525 billion deal with the U.S. government for the supply of 100 million doses of its promising mRNA-1273 vaccine. MRNA stock is up in the pre-market.
JPMorgan strategist team goes bullish on small and midcap stocks of firms with good balance sheet post-COVID-19, singles out Maisons Du Monde.
Apple Inc. (NASDAQ: AAPL) CEO, Tim Cook, has seen his wealth surge and achieved a dollar billionaire title. AAPL shares have been on the rise despite negative impact on its global smartphone shipments by coronavirus pandemic.
Wedbush analyst Dan Ives remains optimistic about the launch of the upcoming iPhone 12 5G which will likely give a major boost to Apple’s revenue stream. He calls the upcoming iPhone flagship as a “defining chapter” in the Apple growth story.
Berkshire Hataway to writedown a whopping $9.8 billion as losses from its aircraft industrial manufacturing company Precision Castparts. However, its biggest common stock holding in Apple Inc has helped the company register an 87% jump in net revenues during Q2 2020.
Gilead has confirmed its capacities to produce Remdesivir in such volumes that will meet global demand. GILD stock is up.
Facebook (FB) stock price started rising yesterday in response to the launch of the new Instagram video feature called Reels. Reels is seen as a competitor to TikTok.