Category: Latest News

  • Clearside Biomedical Receives Canadian Approval for XIPERE® to Treat Uveitic Macular Edema via Suprachoroidal Delivery

    Clearside Biomedical Receives Canadian Approval for XIPERE® to Treat Uveitic Macular Edema via Suprachoroidal Delivery

    Clearside Biomedical, Inc. (NASDAQ:CLSD), a biopharmaceutical firm pioneering therapies delivered through the suprachoroidal space (SCS®), announced today that Health Canada has officially approved XIPERE® (triamcinolone acetonide injectable suspension) for suprachoroidal administration in patients with uveitic macular edema (UME). This regulatory milestone makes Canada the latest country to authorize XIPERE, which is now approved in the…

  • Dow Jones, S&P, Nasdaq, Markets rise on U.S.-Japan trade deal; eyes on Alphabet and Tesla earnings

    Dow Jones, S&P, Nasdaq, Markets rise on U.S.-Japan trade deal; eyes on Alphabet and Tesla earnings

    U.S. stock futures climbed Wednesday amid optimism following a new trade agreement between the United States and Japan. The White House described the pact, which imposes a lower tariff rate on Japanese imports than originally announced by President Donald Trump, as “massive.” Attention now turns to a wave of corporate earnings, with tech giants Alphabet…

  • U.S. Dollar Stabilizes Near Two-Week Lows Ahead of Key Housing Report

    U.S. Dollar Stabilizes Near Two-Week Lows Ahead of Key Housing Report

    The U.S. dollar steadied on Wednesday following three days of declines but remains close to its lowest level in two weeks, buoyed by renewed investor confidence stemming from the recently announced U.S.-Japan trade agreement. At 04:10 ET (08:10 GMT), the Dollar Index, which tracks the greenback against a basket of six currencies, was steady around…

  • Oil Prices Gain on U.S.-Japan Trade Deal and Declining U.S. Crude Stocks

    Oil Prices Gain on U.S.-Japan Trade Deal and Declining U.S. Crude Stocks

    Oil prices edged higher in Asian trading on Wednesday, buoyed by optimism following a new trade agreement between the United States and Japan, along with data showing a drop in U.S. crude inventories. As of 22:07 ET (02:07 GMT), September Brent futures increased by 0.4% to $68.84 per barrel, while West Texas Intermediate (WTI) futures…

  • Texas Instruments Beats Q2 Estimates, but Cautious Forecast Triggers Share Drop

    Texas Instruments Beats Q2 Estimates, but Cautious Forecast Triggers Share Drop

    Texas Instruments (NASDAQ:TXN) delivered second-quarter results that surpassed Wall Street expectations, bolstered by solid recovery in its industrial segment. Despite the earnings beat, shares plunged 11.4% in premarket trading, falling to $190.37 as of 04:19 ET (08:19 GMT), after the company issued a conservative outlook for the third quarter. The chipmaker reported a 16% year-over-year…

  • Stellantis Issues Recall for Over 121,000 U.S. Vehicles Due to Head Restraint Defect

    Stellantis Issues Recall for Over 121,000 U.S. Vehicles Due to Head Restraint Defect

    Stellantis (NYSE:STLA), the parent company of Chrysler, is recalling 121,398 vehicles in the United States over a potential safety defect involving head restraints, the U.S. National Highway Traffic Safety Administration (NHTSA) reported on Wednesday. According to the NHTSA, the issue stems from head restraints that may not lock securely into place, posing a heightened risk…

  • Enphase Energy Slides 7% on Weak Q3 Outlook and Tariff Concerns

    Enphase Energy Slides 7% on Weak Q3 Outlook and Tariff Concerns

    Enphase Energy (NASDAQ:ENPH) shares dropped nearly 7% in premarket trading Wednesday after the company issued third-quarter revenue guidance that disappointed investors and raised caution about the impact of new U.S. tariffs on its margins. The solar technology firm warned that recently finalized import duties on solar cells from Southeast Asia would pressure profitability. The U.S.…

  • JPMorgan: Rising Dollar-Equity Correlation May Weaken Diversification Benefits

    JPMorgan: Rising Dollar-Equity Correlation May Weaken Diversification Benefits

    JPMorgan Chase (NYSE: JPM) analysts are noting a shift in the relationship between the U.S. dollar and global equities, suggesting the greenback may no longer serve as a strong diversifier for stock portfolios. In a recent note to clients, the bank highlighted a growing—though still modest—positive correlation between the weekly returns of the U.S. Dollar…

  • Stock Market Today: S&P 500 Ends at Record High Despite Chip Sector Weakness

    Stock Market Today: S&P 500 Ends at Record High Despite Chip Sector Weakness

    The S&P 500 closed at a new all-time high on Tuesday, although gains were modest as chip stocks stumbled and investors processed a flurry of corporate earnings reports. By the close at 4:00 p.m. ET, the Dow Jones Industrial Average rose 170 points (0.40%), and the S&P 500 edged up 0.03% to a record close…

  • U.S. Stocks Recover From Early Weakness To Close Mixed

    U.S. Stocks Recover From Early Weakness To Close Mixed

    After coming under pressure early in the session, stocks regained ground over the course of the trading day on Tuesday. The major averages climbed well off their worst levels of the day before eventually ending the session narrowly mixed. While the tech-heavy Nasdaq fell 81.49 points or 0.4 percent to 20,892.69, the S&P 500 (SPI:SP500)…