November 19, 2024 at 10:18 am

Geopolitical Tensions and Market Reactions: Uranium, Nuclear Policy, and Energy Prices

Global markets are navigating heightened geopolitical tensions as developments in the Ukraine conflict and shifts in energy dynamics fuel investor uncertainty. From Russia’s revised nuclear doctrine to Ukraine’s use of U.S.-made missiles, the ramifications are being felt across various sectors, including uranium, safe-haven assets, and oil markets. Lowered Nuclear Threshold Adds to Volatility Geopolitical concerns… [Read More]
November 19, 2024 at 8:38 am

Stocks making the biggest moves premarket: Walmart, Lowe’s, Super Micro Computer, BioNTech and more

Here are the noteworthy happenings in premarket trade that you should look into. Walmart The retail behemoth saw an approximate 4% increase following its fiscal third quarter results, which exceeded Wall Street’s predictions. With stronger customer spending, Walmart has also improved its forecasts. Lowe’s — Despite reporting a fiscal third quarter beat, shares in the… [Read More]
November 18, 2024 at 11:52 am

Canadian Solar Selected For $712M Project To Produce Batteries Supporting Clean Energy Sources

The global renewable energy company, Canadian Solar (CSIQ) will be a part of a $712M project in Shelbyville, Kentucky to produce industrial scale batteries that will be store and distribute energy providing a significant component to ensure for more reliable and secure electric grids. The Shelbyville Battery Manufacturing plant, part of Canadian Solar Inc., will… [Read More]
November 18, 2024 at 10:02 am

PRISM Weight Loss Index and Obesity Week Conference Highlights

According to a 2022 statistic reported by the World Health Organization (WHO), about 1 in 8 people were living with obesity. Since 1990, worldwide adult obesity has more than doubled as adolescent obesity has quadrupled. Obesity is a complex, chronic and widespread disease that can lead to type-2 diabetes, heart disease, certain cancers, and stroke…. [Read More]
November 15, 2024 at 12:33 pm

PRISM Insights: This Week’s Wrap Up, Retail Sales Report and What to Expect For the Week Ahead

This past week showcased heightened investor enthusiasm and retail-driven momentum, as evidenced by the largest inflows into U.S. equities since March and the biggest inflows into financials since early 2022, driven by FOMO and “Trump trade” sentiment. Economic data provided further support, with October core CPI coming in slightly below expectations, reinforcing the likelihood of… [Read More]
November 15, 2024 at 10:17 am

Eyenovia Tanks: Shares Plummet 62% Following CHAPERONE Study Update, Failed Primary Endpoint

Eyenovia, Inc. (NASDAQ: EYEN) announced that an independent Data Review Committee has determined its Phase 3 CHAPERONE study is not meeting its primary three-year efficacy endpoint of less than 0.5 diopter progression in visual acuity. The study evaluated Eyenovia’s low-dose atropine treatment for pediatric progressive myopia using the Optejet dispensing platform. Michael Rowe, CEO of… [Read More]
November 14, 2024 at 5:17 pm

Q3 Shattuck Labs Comeback After AML Program Setback, Rallies Focus on Promising IBD Treatment

Shattuck Labs, Inc. (Nasdaq: STTK), a biotechnology company focused on developing novel therapeutics targeting tumor necrosis factor (TNF) superfamily receptors for cancer and chronic immune diseases, reported its third-quarter 2024 financial results and highlighted recent strategic developments. In October, Shattuck announced its decision to discontinue SL-172154, its only clinical-stage candidate, which was being developed for… [Read More]
November 14, 2024 at 2:27 pm

Stocks making the biggest moves midday: Tapestry, Capri, Disney and more

Take a look at the businesses making waves in the middle of market trading: Disney’s media stock soared by 7%, uplifted by robust earnings and guidance that surpassed expectations. The boost came from its rapidly growing streaming sector. Disney anticipates a high single-digit adjusted earnings growth come fiscal 2025. Luxury apparel stocks, Capri and Tapestry,… [Read More]