ADVFN US – Market Content Editor
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BeOne Medicines climbs on positive early trial data for sonrotoclax
Shares of BeOne Medicines AG DRC (NASDAQ:ONC) gained 4.4% on Friday after the biotech announced encouraging topline findings from its Phase 1/2 clinical trial of sonrotoclax in patients with relapsed or refractory mantle cell lymphoma (MCL). The study, which included 125 adults who had previously been treated with both a Bruton’s tyrosine kinase inhibitor and…
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Maximize Your Crypto Earnings with DEAL Mining: The Ultimate Cloud Mining Solution
In the historical period, cryptocurrency has altered from a niche numerical trial into a global monetary capital. Today, Bitcoin, Ethereum, XRP, and other numerical currencies are not just asset properties but also tools for real-world expenditures, dispersed finance, and cross-border dealings. Together with this rise, one of the most talented novelties to arise is cloud…
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Dow Jones, S&P, Nasdaq, Futures Signal Lower Start on Wall Street After Data and Earnings Flow
U.S. equity futures were pointing to a softer open on Friday, suggesting stocks may retreat after a string of gains that recently pushed the S&P 500 to fresh record highs despite volatile sessions. Some traders appeared ready to lock in profits following the market’s resilience. Sentiment was further tested after the Commerce Department released inflation…
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U.S. Consumer Prices Rise in July, Matching Forecasts
Consumer prices in the United States moved higher in July, aligning with economist projections, according to figures released Friday by the Commerce Department. The department reported that its personal consumption expenditures (PCE) price index increased 0.2% in July, following a 0.3% gain in June. The result was consistent with market expectations. On a yearly basis,…
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Crypto Leaders Launch $200M Bitcoin Infrastructure SPAC
A team of cryptocurrency executives has joined forces to raise $200 million for a new blank-check company, seeking to capitalize on the wave of digital asset firms heading to public markets. The newly formed entity, Bitcoin Infrastructure Acquisition Corp. Ltd., is incorporated in the Cayman Islands and filed with regulators on Wednesday to list 20…
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Ed Yardeni questions whether Fed is preparing to fuel an already strong economy
In a note released Friday, Yardeni Research raised concerns that the Federal Reserve might add more stimulus to an economy that is already performing strongly. Ed Yardeni observed: “The bull market in stocks is making everyone who owns stocks richer,” citing Gallup data that showed 62% of Americans held equities at the end of 2024,…
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PepsiCo boosts Celsius Holdings stake, incorporates Rockstar Energy in strategic deal
PepsiCo Inc. (MASDAQ:PEP) is increasing its holding in Celsius Holdings Inc. to 11% through a $585 million investment in convertible preferred shares, according to a Bloomberg report on Friday. The agreement, expected to be announced on Friday, also includes Celsius acquiring PepsiCo’s Rockstar Energy brand in the United States and Canada. In addition, Alani Nu,…
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DuPont to divest Kevlar and Nomex operations to Arclin for $1.8 billion
DuPont de Nemours (NYSE:DD) announced Friday that it has reached a deal to sell its Aramids unit, which includes the Kevlar and Nomex product lines, to Arclin for $1.8 billion. The agreement, now finalized, involves Arclin—a company in the TJC portfolio (formerly The Jordan Company)—acquiring the business under the terms outlined by DuPont. As part…
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Dollar nudges up ahead of PCE release; monthly slide remains likely
The U.S. dollar inched higher on Friday as investors awaited the release of critical inflation data, though the currency is still positioned for a monthly decline amid increasing expectations for a U.S. rate cut. At 05:20 ET (09:20 GMT), the Dollar Index, which tracks the greenback against six other major currencies, rose 0.1% to 97.815,…
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Caterpillar shares dip in premarket after revising 2025 tariff impact
Caterpillar Inc. (NYSE:CAT) saw its stock drop 3% in premarket trading on Friday after the industrial equipment leader increased its estimate of tariffs’ effect on its 2025 financial results. According to an SEC filing, the company now anticipates that the net impact of additional tariffs introduced in 2025 will range from roughly $500 million to…