ADVFN US – Market Content Editor
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PepsiCo Renews Taco Bell Beverage Deal Through 2036 After Losing KFC to Coca-Cola
PepsiCo extended its Taco Bell beverage deal through 2036, a week after KFC chose Coca-Cola. Here’s what it means for investors.
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Skydance Stock Reverses Early Gain After Report of $1 Billion Elon Musk Investment
Skydance erased a 6% gain after Semafor reported a $1 billion Elon Musk investment. Here’s what it means for the debt-heavy media giant.
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Moderna Stock Plunges as Apparent Leak Reveals Phase 3 Melanoma Vaccine Data
Moderna fell as much as 25% after apparent Phase 3 melanoma vaccine data with Merck surfaced early. Here’s what it means for investors.
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How Much Risk Does CoreWeave’s Debt Selloff Pose to Global Banks? J.P. Morgan Sees Limited Exposure
Why has CoreWeave’s debt come under pressure? CoreWeave (NASDAQ:CRWV) experienced a decline in its share and bond prices last week as investors reassessed the financing requirements of artificial intelligence infrastructure companies. The NVIDIA-backed cloud computing provider has accumulated substantial debt to support the expansion of its computing infrastructure, raising questions about the timing of investment…
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What Is the Biggest Obstacle to a SpaceX-Tesla Merger? JPMorgan Points to China
Why does JPMorgan consider Chinese regulatory approval the main obstacle to a SpaceX-Tesla merger? JPMorgan believes obtaining regulatory approval in China could represent the most significant challenge to a potential merger between Tesla (NASDAQ:TSLA) and SpaceX, outweighing the difficulties associated with securing support from Tesla shareholders. In a research note published Wednesday, JPMorgan analyst Rajat…
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US Stock Futures Drop After Tesla, Meta & IBM Earnings Drop: Dow Jones, S&P and Nasdaq Futures
U.S. index futures point to a sharply lower open on Thursday as investors take profits from Tesla, Meta, and IBM following earnings, alongside growing AI capital spending concerns. Dow Jones, S&P 500 and Nasdaq futures are currently pointing to a sharply lower open on Thursday, with stocks likely to give back ground after trending higher…
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U.S. Jobless Claims Drop to 194K vs. 200K Expected in Surprise Labor Market Strength
U.S. initial unemployment claims fell to 194,000 for the week ended Oct. 17, beating expectations as layoffs remain near multi-decade lows. First-time claims for U.S. unemployment benefits unexpectedly declined in the week ended October 17th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims fell to 194,000,…
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Is the AI Stock Market Bubble Close to Bursting? Yardeni Research Says Risks Remain Limited
Does Yardeni Research believe there is an AI stock market bubble? Yardeni Research believes that artificial intelligence-related stocks are showing characteristics of a market bubble, although its latest analysis suggests that the conditions associated with a major market correction are not yet fully established. In a research note published this week, the firm introduced an…
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Unicycive Therapeutics Announces FDA Acceptance of Oxylanthanum Carbonate NDA Resubmission, PDUFA Date of March 25, 2027
Unicycive Therapeutics, Inc. (Nasdaq: UNCY) today announced that the U.S. Food and Drug Administration (FDA) has accepted the resubmission of its New Drug Application (NDA) for oxylanthanum carbonate (OLC), the Company’s investigational oral phosphate binder for the treatment of hyperphosphatemia in patients with chronic kidney disease (CKD) on dialysis.
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Tech Rally Lifts Wall Street as SpaceX Surges
U.S. stocks finished higher on Wednesday, with technology shares leading the way as investors cheered strong quarterly results from SpaceX and positioned ahead of earnings from Tesla and Meta after the closing bell. All three major averages gained despite a jump in oil prices tied to an attack on a Saudi Aramco field, suggesting investors…