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IBM to split into two as it reinvents itself, , on October 9, 2020 at 4:06 am
The world's first big computing giant wants to focus on higher-margin businesses like the cloud and AI., The world's first big computing giant wants to focus on higher-margin businesses like the cloud and AI.,
Google Sister Waymo Rolls Out Self-Driving Taxi Service To The Public, , on October 9, 2020 at 2:59 am
Alphabet Inc's (NASDAQ: GOOGL) (NASDAQ: GOOG) self-driving unit Waymo said Thursday it is opening its driverless service to the general public.What Happened: The driverless offering of Waymo would be available beginning Thursday -- initially available to those part of...
Exclusive: Boeing in talks with Alaska Airlines for potential 737 MAX order – sources, , on October 9, 2020 at 2:50 am
Boeing Co is in discussions to sell 737 MAX jets to Alaska Airlines once the plane returns to service following a lengthy grounding, three people familiar with the matter said. The talks are part of a series of negotiations between Boeing and several airlines over jet...
AMD Is Said to Be in Talks to Buy Rival Chipmaker Xilinx, , on October 9, 2020 at 2:29 am
(Bloomberg) -- Advanced Micro Devices Inc. is in advanced discussions to buy Xilinx Inc. in a takeover that could be valued at $30 billion, according to people familiar with the matter.The deal could come together as early as next week, though things remain in flux,...
Gilead's remdesivir shaved five days off COVID-19 recovery time, reduced risk of death in some, , on October 9, 2020 at 2:13 am
Final data from Gilead Sciences Inc's antiviral drug remdesivir showed the treatment cut COVID-19 recovery time by five days compared with patients who got a placebo, one day faster than indicated in preliminary data, the company and researchers said on Thursday. In...
Gilead’s remdesivir shaved five days off COVID-19 recovery time, reduced risk of death in some, , on October 9, 2020 at 2:13 am
Final data from Gilead Sciences Inc's antiviral drug remdesivir showed the treatment cut COVID-19 recovery time by five days compared with patients who got a placebo, one day faster than indicated in preliminary data, the company and researchers said on Thursday. In...
Is Gilead Stock a Buy Right Now? This Is What You Need to Know, , on October 9, 2020 at 2:10 am
It has been a year of two halves for Gilead Sciences (GILD). Following the pandemic’s onset, the pharma heavyweight was initially one of the main beneficiaries. Hopes were high Gilead’s experimental Covid-19 antiviral drug remdesivir will play its part in combating...
Tesla: Use Any Stock Weakness to Snap Up Shares, Says Analyst, , on October 9, 2020 at 1:35 am
When it came to deliveries, Telsa (TSLA) delivered. Last week, the electric car maker announced that quarterly deliveries hit a new record.As a result, Deutsche Bank analyst Emmanuel Rosner bumped up his Q3 revenue forecast from $8.2 billion to $8.5 billion, and...
CBC-incubated Everest Medicines Successfully Lists on HKEX, , on October 9, 2020 at 1:31 am
SHANGHAI, Oct. 8, 2020 /CNW/ -- CBC Group ("CBC"), a healthcare-dedicated investment platform, today celebrates the initial public offering (IPO) of Everest Medicines ("Everest") (1952., SHANGHAI, Oct. 8, 2020 /CNW/ -- CBC Group ("CBC"), a healthcare-dedicated...
Novavax: CMI Data De-risks NanoFlu Program and Shows Breadth of Immune Activity, Says Analyst, , on October 9, 2020 at 1:10 am
Novavax (NVAX) is back in the news again, only this time, it’s not because of its COVID-19 vaccine candidate. During the 2020 World Vaccine Congress Washington last week, the vaccine maker presented data from the Phase 3 respiratory syncytial virus (RSV) and NanoFlu...
Pipeline Billionaire Follows Playbook, Stepping Down But Staying, , on October 9, 2020 at 1:01 am
(Bloomberg) -- Kelcy Warren, the Dallas billionaire known for controversial pipelines and aggressive dealmaking, is stepping down as chief executive officer of Energy Transfer LP. But if the move is anything like those of fellow moguls in the pipeline industry, he...
Apple: Get Ready, iPhone Supercycle is Coming, , on October 9, 2020 at 12:52 am
Ready, set, launch. After much anticipation, Apple (AAPL) announced that its iPhone 12 launch will take place virtually on October 13, with the phones becoming available for purchase in late October.Weighing in on the development for Wedbush, 5-star analyst Daniel...
Nvidia: Next Stop $700? This Analyst Thinks So, , on October 8, 2020 at 11:52 pm
It has been a blowout year for Nvidia (NVDA). The chip giant’s relentless forward march has been boosted by strong macro driven performances from its two main breadwinners – gaming and data center – and an increasing focus on rising secular trends, including...
Icahn sees energy sector rebound but urges patience, , on October 8, 2020 at 11:42 pm
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Energy Transfer CEO steps down, executives named co-chiefs, , on October 8, 2020 at 11:41 pm
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Palihapitiya’s Three New Blank-Check Firms Raise $2.1 Billion in IPOs, , on October 8, 2020 at 11:27 pm
(Bloomberg) -- Three deals later, venture capitalist Chamath Palihapitiya isn’t done with blank-check companies.Days after announcing a deal to take public insurance startup Clover Health Investments Corp., Palihapitiya and his parters are back with three more special...
Stock market news live updates: Stock futures extend gains with stimulus prospects in focus, , on October 8, 2020 at 10:15 pm
Stock futures traded higher Thursday evening as investors continued to mull chances of a virus-relief package amid mixed signals from officials as to what size of a proposal they might support., Stock futures traded higher Thursday evening as investors continued to...
Late-stage study of COVID-19 convalescent-plasma treatment with remdesivir starts, , on October 8, 2020 at 9:33 pm
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Microsoft is now the ‘adult in the room’ among big tech: Seattle Congresswoman, , on October 8, 2020 at 9:00 pm
The so-called F.A.A.M.G. stocks have been the target of Washington DC’s ire all year. But Microsoft - no stranger to Congressional inquiries in years past - has largely managed to escape the glare., The so-called F.A.A.M.G. stocks have been the target of Washington...
Tesla Full Self-Driving Beta Update Expected In Weeks: Musk, , on October 8, 2020 at 8:47 pm
Tesla Inc (NASDAQ: TSLA) is working on a general full-self driving solution that would turn its vehicles into autonomous cars capable of driving themselves.Tesla owners can spend $8,000 to purchase the automaker's full self-driving ssoftware package, which is capable...
Mallinckrodt Bankruptcy Would Hand Control Over to Bondholders, , on October 8, 2020 at 8:31 pm
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Curaleaf to Report Third Quarter Financial and Operational Results, , on October 8, 2020 at 8:04 pm
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Oil Surges With Hurricane Delta Paralyzing U.S. Gulf Output, , on October 8, 2020 at 7:35 pm
(Bloomberg) -- Oil climbed to the highest in more than a month as Hurricane Delta forces operators to shut in nearly 92% of crude output in the Gulf of Mexico.Futures in New York rose 3.1% as Gulf of Mexico producers shut in 1.7 million barrels a day of production...
Pelosi says no to bill only for airlines without larger aid, , on October 8, 2020 at 7:35 pm
On Thursday, House Speaker Nancy Pelosi went on record to say that there would be no standalone bill for airlines if there was not going to be larger coronavirus stimulus. Yahoo Finance’s Jess Smith joins The Final Round panel to discuss the latest happenings down in...
IBM to spin off infrastructure services unit, , on October 8, 2020 at 7:32 pm
IBM is splitting itself into two public companies in an effort to focus more on cloud growth. Yahoo Finance’s Dan Howley joins Kristin Myers to discuss., IBM is splitting itself into two public companies in an effort to focus more on cloud growth. Yahoo Finance’s Dan...
Say Goodbye to Your Local Coffee Shop in America’s Cafe Shakeup, , on October 8, 2020 at 7:22 pm
(Bloomberg) -- Starbucks Corp. and other coffee chains are expanding their grip on America’s coffee culture as independent cafes struggle to survive a pandemic-fueled industry shakeup.The number of coffee shops in the U.S. is shrinking for the first time in nine years...
Workhorse Short Seller Says USPS Bid Unlikely To Pan Out, , on October 8, 2020 at 6:57 pm
A new report out Thursday from short seller Fuzzy Panda Research accuses electric vehicle developer Workhorse Group (NASDAQ: WKHS) of misleading investors.What The Short Seller Said: "Workhorse rolled a USPS prototype truck down a hill accidently after their parking...
2 Stock Picks From the Analysts Who Consistently Get It Right, , on October 8, 2020 at 6:51 pm
Once again, volatility is the name of the game. Dramatic headlines involving mixed economic data, President Trump’s COVID-19 hospitalization and the reversal of his previous decision to halt talks regarding the next fiscal stimulus bill have been met with equally...
US will ‘become a renter nation,' says real estate investor, , on October 8, 2020 at 6:33 pm
Rising home prices are keeping prospective buyers out of homeownership — and some investors say it could be good for the rental market., Rising home prices are keeping prospective buyers out of homeownership — and some investors say it could be good for the rental...
US will ‘become a renter nation,’ says real estate investor, , on October 8, 2020 at 6:33 pm
Rising home prices are keeping prospective buyers out of homeownership — and some investors say it could be good for the rental market., Rising home prices are keeping prospective buyers out of homeownership — and some investors say it could be good for the rental...
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