Economic Slowdown and Inflation Spike Challenge Fed’s Soft-Landing Strategy Wall Street faced a tough trading session as new economic data showed a significant slowdown in the U.S. economy alongside persistent inflation, complicating the Federal Reserve’s policy path. The disappointing figures have triggered fears of stagflation, causing a sell-off in Treasuries and pushing yields to their… [Read More]
BioStem Technologies (OTC: BSEM) has completed a two year audit as part of its preparations for uplisting to a senior stock exchange. The company announced today that it anticipates its uplisting will help to further validate BioStem’s market position, attract a broader investor base, and enhance shareholder value. “Completing this rigorous two-year audit underscores… [Read More]
April 25, 2024
SKYX Enters Strategic Partnership with World-Leading Lighting Supplier Opening Access to US, Chinese, and European Markets
Disruptive smart platform technology company, SKYX (Nasdaq: SKYX) has increased its access to professional and retail customers in US, Chinese and European markets after entering an important new partnership with the world-leading Chinese lighting supplier and manufacturer, Ruee Appliances. The agreement introduces operational and logistical efficiencies and is expected to substantially enhance gross margins on… [Read More]
April 25, 2024
Prism Stocks making the biggest moves premarket: Meta Platforms, Honeywell, Merck, Southwest Airlines and more
Take a glance at businesses that made a splash before the market opens: Meta Platforms — The parent corporation of Facebook saw a more than 14% fall following its below-anticipated revenue guidance for Q2. However, both revenue and earnings for Q1 exceeded analysts’ predictions. Honeywell — The industrial giant’s stock was up 2.2% in premarket… [Read More]
Results from Altamira Therapeutics’ (Nasdaq:CYTO) NASAR clinical trial with Bentrio® nasal spray in seasonal allergic rhinitis (SAR) has been accepted for publication in Allergy, one of the highest-ranking journals in the field of allergology. Bentrio is an OTC nasal spray for allergic rhinitis and a commercial-stage legacy asset for Altamira. Bentrio (AM-301) is a drug-free… [Read More]
Shares in disruptive food technology company, BranchOut Food (Nasdaq: BOF) soared more than 80% in morning trading on Wednesday after the company announced it had inked a third deal with one of the nation’s largest retailers. BranchOut Food stated that the new commitment from the retailer, valued at $300,000 brings the total annualized value of… [Read More]
Oil and gas company Verde Bio (VBHI) issued an update regarding its pending merger with SensaSure Technologies (SSTC). In the update the company announced that the registration statement on Form S-4 has been declared effective by the Securities and Exchange Commission. A special meeting will be held for each company’s shareholders on May 9th 2024…. [Read More]
Alto Neuroscience, Inc. (NYSE: ANRO) has announced positive results from its Phase 1 study of ALTO-101 for cognitive impairment associated with schizophrenia (CIAS). The study demonstrated favorable tolerability and improved pharmacokinetics of ALTO-101 when administered via a transdermal delivery system (TDS) compared to oral administration. Alto ended the day up 1.76% and rose a further… [Read More]
Here’s a look at the companies making waves ahead of the opening bell. Boeing — The aerospace giant’s shares surged 3% as the company reported a smaller-than-anticipated loss in its recent quarterly results. The company noted an adjusted loss of $1.13 per share, surpassing LSEG analyst estimates of a $1.76 loss. Its revenue of $16.57… [Read More]
April 24, 2024
Silo Pharma Reports Positive Results from PTSD Study
Silo Pharma, Inc. (Nasdaq: SILO) has announced positive data from its recent pharmacokinetic (PK) study of SPC-15, an intranasal prophylactic treatment for anxiety and post-traumatic stress disorder (PTSD). Silo Pharma is conducting preclinical studies of SPC-15 in collaboration with Columbia University under a sponsored research agreement and option. Commenting on the positive results, Silo CEO… [Read More]
Reviva Pharmaceuticals (Nasdaq: RVPH) has received acceptance from the FDA for its 4-week registrational Phase 3 program for brilaroxazine in schizophrenia. Reviva’s RECOVER-2 study is a global Phase 3, randomized, double-blind, placebo-controlled, multicenter, 4-week trial designed to assess the safety and efficacy of brilaroxazine in approximately 450 patients with acute schizophrenia compared to placebo. The… [Read More]
Biopharmaceutical company, Palisade Bio, Inc. (Nasdaq: PALI) has entered into a strategic collaboration with Strand Life Sciences, a leading bioinformatics specialist, to advance precision medicine for ulcerative colitis (UC) therapy. The company’s share price rose nearly 30% in intraday trading following the news. The collaboration will provide Palisade Bio with access to advanced bioinformatics tools… [Read More]