(RTTNews) - Shares of Artelo Biosciences, Inc. (ARTL) are skyrocketing about 205 percent on Friday morning trading despite no corporate-related announcements to influence the movement.
(RTTNews) - Shares of Artelo Biosciences, Inc. (ARTL) are skyrocketing about 205 percent on Friday morning trading despite no corporate-related announcements to influence the movement.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the State Street Consumer Discretionary Select Sector SPDR ETF (Symbol: XLY) where we have detected an approximate $331.9 million dollar inflow -- that's
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the State Street Consumer Discretionary Select Sector SPDR ETF (Symbol: XLY) where we have detected an approximate $331.9 million dollar inflow -- that's
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ProShares Short S&P500 (Symbol: SH) where we have detected an approximate $275.2 million dollar inflow -- that's a 20.6% increase week over week
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ProShares Short S&P500 (Symbol: SH) where we have detected an approximate $275.2 million dollar inflow -- that's a 20.6% increase week over week
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI Japan ETF (Symbol: EWJ) where we have detected an approximate $272.9 million dollar outflow -- that's a 1.4% decrease week over week (f
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI Japan ETF (Symbol: EWJ) where we have detected an approximate $272.9 million dollar outflow -- that's a 1.4% decrease week over week (f
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco KBW Bank ETF (Symbol: KBWB) where we have detected an approximate $317.0 million dollar outflow -- that's a 6.2% decrease week over week (fr
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco KBW Bank ETF (Symbol: KBWB) where we have detected an approximate $317.0 million dollar outflow -- that's a 6.2% decrease week over week (fr
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the X-trackers USD High Yield Corporate Bond ETF (Symbol: HYLB) where we have detected an approximate $209.3 million dollar outflow -- that's a 6.2% dec
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the X-trackers USD High Yield Corporate Bond ETF (Symbol: HYLB) where we have detected an approximate $209.3 million dollar outflow -- that's a 6.2% dec
CVC Capital Partners Plc plans to explore options including potential divestments for Recordati SpA if it succeeds in its €10.9 billion ($12.5 billion) takeover of the Italian drugmaker, according to people familiar with the matter. The investment firm could consider a sale of Recordati’s rare-diseases arm as one of the alternatives, the people said, asking not to be identified as the information ...
CVC Capital Partners Plc plans to explore options including potential divestments for Recordati SpA if it succeeds in its €10.9 billion ($12.5 billion) takeover of the Italian drugmaker, according to people familiar with the matter. The investment firm could consider a sale of Recordati’s rare-diseases arm as one of the alternatives, the people said, asking not to be identified as the information is private. CVC may also look at selling other assets of the drugmaker, the people said. The potential moves would give CVC more flexibility to reshape Recordati after a delisting and help it unlock greater value from a division like the rare-diseases arm, which is developing higher-margin treatments for rare illnesses like Cushing’s syndrome and hyperammonemia. The private equity firm has effectively been steering the path of Recordati since 2018 when it acquired the founding family’s holding company. Recordati said Thursday it had received a takeover approach of €52 a share, including dividend, from its biggest shareholder, representing a 12% premium to the drugmaker’s closing price on Wednesday. Read More: Italy’s Recordati Gets €10.9 Billion Buyout Offer From CVC CVC is seeking to take Recordati private after having previously explored a sale of its stake in the drugmaker, the people said. Considerations are preliminary and details could still change, they said. A representative for CVC declined to comment, while Recordati didn’t respond to requests for comment. Recordati was founded in 1926 by Giovanni Recordati in Correggio, Italy and grew from a family pharmacy into a listed drugmaker with operations spanning specialty and primary care, consumer health and rare disease. Top selling drugs include the blood pressure medication Zanidip and Eligard, a hormone therapy for prostate cancer. The company also has a chemicals unit that supplies materials to other drugmakers. CVC has trimmed its stake from an original 52% to about 47%, based on data compiled by Bloomberg. The f...
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI EAFE Value ETF (Symbol: EFV) where we have detected an approximate $347.2 million dollar outflow -- that's a 1.2% decrease week over we
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI EAFE Value ETF (Symbol: EFV) where we have detected an approximate $347.2 million dollar outflow -- that's a 1.2% decrease week over we
Vishy Tirupattur, Morgan Stanley's chief fixed income strategist, addresses concerns regarding recent redemption activity in funds marketed as illiquid. Speaking on "Bloomberg Open Interest," Tirupattur evaluates whether these funds can sustainably meet redemption demands and discusses the implications of their liquidity profiles. (Source: Bloomberg)
Vishy Tirupattur, Morgan Stanley's chief fixed income strategist, addresses concerns regarding recent redemption activity in funds marketed as illiquid. Speaking on "Bloomberg Open Interest," Tirupattur evaluates whether these funds can sustainably meet redemption demands and discusses the implications of their liquidity profiles. (Source: Bloomberg)
Reliance Industries Ltd. has set investment banking advisory fees for the planned initial public offering of its telecom unit at about 0.65% of the issue size, according to people familiar with the matter, largely in line with those to be paid by National Stock Exchange of India Ltd. Based on a potential offering size of up to $4 billion for Jio Platforms Ltd. , the total fee pool may be as high a...
Reliance Industries Ltd. has set investment banking advisory fees for the planned initial public offering of its telecom unit at about 0.65% of the issue size, according to people familiar with the matter, largely in line with those to be paid by National Stock Exchange of India Ltd. Based on a potential offering size of up to $4 billion for Jio Platforms Ltd. , the total fee pool may be as high as $26 million, with the bulk likely to be shared among lead banks such as Kotak Mahindra Capital Co. and Morgan Stanley , the people said, asking not to be identified because the information is private. The fee distribution may ultimately depend on the client coverage from the banks and the company’s own discretion, two of the people said. A representative for Reliance didn’t immediately respond to requests for comment. Jio’s IPO could be India’s largest-ever listing and the first by a major unit of billionaire Mukesh Ambani ’s flagship company, Reliance, in almost two decades. Jio’s banking fees are poised to be broadly in line with those set by NSE, which is considering an IPO that may raise about $2.5 billion, people familiar with the matter have said. The proposed fee structure by both Jio and NSE is notably lower than broader market averages. Indian companies paid investment banks an average of about 1.86% across 417 IPOs last year and 1.67% across 350 issuances in 2024, according to data compiled by LSEG. Reliance is aiming to file draft paperwork for Jio as early as the end of this month, people familiar with the matter have said . Other banks selected for advisory roles on the listing include HSBC Holdings Plc, JPMorgan Chase & Co., Goldman Sachs Group Inc., JM Financial Ltd., Axis Bank Ltd. and SBI Capital Markets Ltd.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the JPMorgan Nasdaq Equity Premium Income ETF (Symbol: JEPQ) where we have detected an approximate $348.8 million dollar inflow -- that's a 1.0% increase
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the JPMorgan Nasdaq Equity Premium Income ETF (Symbol: JEPQ) where we have detected an approximate $348.8 million dollar inflow -- that's a 1.0% increase
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SMMD ETF (Symbol: SMMD) where we have detected an approximate $239.2 million dollar inflow -- that's a 10.3% increase week over week in outstanding u
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SMMD ETF (Symbol: SMMD) where we have detected an approximate $239.2 million dollar inflow -- that's a 10.3% increase week over week in outstanding u
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Dimensional International Value ETF (Symbol: DFIV) where we have detected an approximate $298.7 million dollar inflow -- that's a 1.7% increase week
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Dimensional International Value ETF (Symbol: DFIV) where we have detected an approximate $298.7 million dollar inflow -- that's a 1.7% increase week
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Core Total USD Bond Market ETF (Symbol: IUSB) where we have detected an approximate $224.9 million dollar inflow -- that's a 0.6% increase we
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Core Total USD Bond Market ETF (Symbol: IUSB) where we have detected an approximate $224.9 million dollar inflow -- that's a 0.6% increase we
After more than a decade of flirting with the idea , Apple has finally discontinued the Mac Pro tower. The company confirmed to 9to5Mac that the latest Mac Pro iteration—an M2 Ultra model first released in mid-2023—would be its last, at least for the time being. There are no plans to make another Mac Pro. The discontinuation of the Mac Pro should come as no surprise to anyone who has been paying a...
After more than a decade of flirting with the idea , Apple has finally discontinued the Mac Pro tower. The company confirmed to 9to5Mac that the latest Mac Pro iteration—an M2 Ultra model first released in mid-2023—would be its last, at least for the time being. There are no plans to make another Mac Pro. The discontinuation of the Mac Pro should come as no surprise to anyone who has been paying attention. Reporting from late last year suggested that the Mac Pro had been put "on the back burner," but the desktop has clearly been in danger of falling off the stove since at least the mid-2010s, during the six-year period where the controversial cylindrical "trash can" Mac Pro design languished without updates. Apple briefly rededicated itself to its pro desktop in 2019 with a new design that hearkened back to more versatile, upgradeable, be-handled versions of the Power Mac and Mac Pro. But by the time it was updated again with M2 Ultra four years later, it was already clear that the idea of a huge and expandable Mac desktop was out of step with the Apple Silicon era. The desktop's demise confirms that, at least in Apple's estimation, the Mac Pro was trying to fill a niche that no longer exists. Read full article Comments
Erstudiostok/iStock via Getty Images After Pfizer's Q4 report ( PFE ), which, as you know, was published on February 3, its stock was up 7%, outperforming the S&P 500 ( SPY ) [-5.7% return]. (These results came in after my last update on Pfizer, which was in January .) Its revenue rose 5.5% quarter-over-quarter to $17.56 billion , beating Wall Street analysts' expectations by $729 million. And mor...
Erstudiostok/iStock via Getty Images After Pfizer's Q4 report ( PFE ), which, as you know, was published on February 3, its stock was up 7%, outperforming the S&P 500 ( SPY ) [-5.7% return]. (These results came in after my last update on Pfizer, which was in January .) Its revenue rose 5.5% quarter-over-quarter to $17.56 billion , beating Wall Street analysts' expectations by $729 million. And moreover, Pfizer's non-GAAP EPS also came in well above the consensus estimate, as in the past 11 quarters, but this time by 9 cents . Source: Graph was made by Author based on Seeking Alpha But hidden within these seemingly strong numbers are some "dark spots." So, in the Primary Care segment, weakening demand for Comirnaty and Paxlovid, an antiviral medication against COVID-19, in my opinion, is undermining the efforts of CEO Albert Bourla and his team to finally get Wall Street to notice the achievements Pfizer has made in developing its oncology and cardiometabolic portfolios. By the way, net revenues of its COVID-19 products fell 39.4% year-over-year to about $2.49 billion in Q4. Source: Graph was made by Author based on the financial reports of Pfizer By "achievement," I mean the results of the VESPER-3 trial [ NCT06973720 ], in which MET-097i, or PF'3944, as it is currently called, showed promising results in the treatment of people with obesity. I'll discuss the data in detail in the end. Atirmociclib will become Ibrance's successor But for now, I want to talk about the results from the Phase 2 FOURLIGHT-1 trial [ NCT06105632 ], which was published last week, on March 17th. It assessed the efficacy of a combination of atirmociclib and fulvestrant compared to fulvestrant or everolimus+exemestane in women with HR+/HER2- metastatic breast cancer who had previously received CDK4/6 inhibitors . In other words, atirmociclib was evaluated as a 2L therapy. As always, when discussing a product candidate, I must evaluate how it works to determine what competitive advantages it m...
FBI Director Kash Patel testifies before a Senate Intelligence Committee hearing on Capitol Hill in Washington, D.C., U.S., March 18, 2026. Kevin Lamarque | Reuters Iran-linked hackers have publicly claimed the breach of FBI Director Kash Patel's personal inbox, publishing photographs of the director and his purported resume to the internet. On their website, the hacker group Handala Hack Team sai...
FBI Director Kash Patel testifies before a Senate Intelligence Committee hearing on Capitol Hill in Washington, D.C., U.S., March 18, 2026. Kevin Lamarque | Reuters Iran-linked hackers have publicly claimed the breach of FBI Director Kash Patel's personal inbox, publishing photographs of the director and his purported resume to the internet. On their website, the hacker group Handala Hack Team said Patel "will now find his name among the list of successfully hacked victims." Reuters was not able to immediately authenticate the emails published by Hanadala, but a sample of the material uploaded by the hackers and reviewed by Reuters appears to show a mix of personal and work correspondence dating between 2010 and 2019. A Justice Department official confirmed to Reuters that Patel's emails were compromised but did not go into detail. The FBI did not immediately respond to a request for comment. The hackers did not immediately respond to messages. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.