Sage Therapeutics’ stock dives as failed trial hits Biogen collaboration
Shares of Sage Therapeutics Inc. fell more than 18% premarket on Wednesday after a failed trial dealt a blow to the company’s collaboration with Biogen...
Trade deficit in goods narrows in June on surge of exports
The U.S. trade deficit in goods narrowed 2.5% to $96.8 billion in June, according to the Commerce Department’s advanced estimate released Wednesday.
AMC’s debt restructuring bodes well for box-office recovery, says Benchmark
AMC Entertainment Holdings Inc.’s debt restructuring this week puts the movie-theater chain and original meme stock in a good position for an expected box-office rebound,...
Spot Ethereum ETFs record $1b trading volume on day one as Poodlana’s presale approaches $2.5m
Key takeaways Spot Ethereum ETFs began trading on Tuesday and recorded a trading volume of $1 billion on the first day. The Poodlana presale is...
Ferrari extends crypto payment system to Europe after US launch
Ferrari has announced it will begin to accept crypto payments for its luxury sports cars in Europe. The expansion starts from the end of July,...
Bitcoin hovers near $66.5k as Mt.Gox users ‘choose to hodl’
Bitcoin price still hovers above $66k despite Mt. Gox repayments. Analysts say on-chain data shows most BTC holders receiving the repayments are choosing to hodl....
Boston Scientific profit beats estimates as cardiovascular sales surge
Sales of the Marlborough, Mass. company’s cardiovascular products rose 17.8% to $2.64 billion.
GE Vernova beats on profit with first standalone results, despite wind weakness
GE Vernova’s stock got a nice boost in early trading Wednesday, after the power and renewable energy company reported second-quarter earnings that were well above...