A lawsuit seeks to extract billions in damages from celebrities who endorsed FTX, including Tom Brady, Gisele Bündchen, Stephen Curry and Larry David. Adam Moskowitz, managing partner at the Moskowitz Law Firm, says they have named 21 of 32 "brand ambassadors" of FTX so far, and they "will be suing the rest of them."
GSK plc (NYSE: GSK) and Scynexis Inc (NASDAQ: SCYX) have entered into an exclusive license agreement for Brexafemme (ibrexafungerp tablets). The FDA approved the antifungal for vulvovaginal candidiasis (VVC) and reduced the incidence of recurrent VVC (RVVC). This exclusive agreement gives GSK rights to commercialize Brexafemme for VVC and RVVC while continuing to develop ibrexafungerp, which is in phase 3 trials for potentially treating invasive candidiasis (IC), which affects the blood or inter
The Oracle of Omaha never saw a future in cryptocurrency.
“Big Short” investor Michael Burry admitted Thursday that his bearish warning about the stock market earlier this year has so far been proven wrong by traders lining up to buy the dip. Burry is best known for his bet against the housing market ahead of the 2007 subprime mortgage collapse, which was featured in the book and movie “The Big Short.”
Silicon Valley Bank assets got bought for pennies on the dollar, so where does that leave FRC?
There’s no getting away from it, given the Fed’s policy of aggressive rate hikes, a soft landing for the U.S. economy appears out of the question. That at least is the opinion of Cathie Wood, who is therefore readying for a hard landing. “Money velocity is flattening,” the ARK Investment Management CEO said recently in reference to the recent banking mess while Wood also expects a marked deceleration in nominal gross domestic product. However, these are all blind spots for the Fed, she believes,
Tech has outperformed by a large margin during the first three months of the year and there may be better opportunities elsewhere.
'The benefits are great on paper, but often don’t exist in reality due to inconsistent scheduling.'
My wife and I are 70 years old. We've paid off everything, including the house. Between my pension of $29,000 and Social Security, we're getting a gross of $99,000 a year in income, which is more than enough. Our current … Continue reading → The post Ask an Advisor: We Are 70 Years Old, Have $99K in Retirement Income, a $1.4M IRA and Other Investments. Is It Too Late to Convert to a Roth? appeared first on SmartAsset Blog.
Recently, Zacks.com users have been paying close attention to ZIM (ZIM). This makes it worthwhile to examine what the stock has in store.
What we know about the world’s richest.
According to the average brokerage recommendation (ABR), one should invest in Devon Energy (DVN). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?
97% of companies think spying on their remote workers makes them more productive. But many employees end up getting fired for it—or quitting.
My investment accounts don't withhold taxes from my capital gains, which is causing me to owe large amounts when I file my returns. How can I mitigate this situation? -David As capital gains distributions are unpredictable and usually unknown until … Continue reading → The post Ask an Advisor: ‘How Can I Mitigate This Situation?' My Tax Bill Is Huge Because My Investment Accounts Don't Withhold Capital Gains appeared first on SmartAsset Blog.
(Bloomberg) -- Walt Disney Co. pushed through changes limiting the powers of the municipal authority that governs its Florida theme parks ahead of a controversial takeover by representatives of Governor Ron DeSantis.Most Read from Bloomberg$52 Billion Chipmaking Plan Is Racing Toward FailureNew Yorkers Are Moving to These Three Florida Cities$335,000 Pay for ‘AI Whisperer’ Jobs Appears in Red-Hot MarketUS Air Force Plans to End Lockheed Hypersonic Weapon ProgramRussia Detains US Journalist for T
The semiconductor maker brings forward timelines for production of next-generation data-center chips.
Most officials see at least one more rate hike — but investors aren’t saying the same.
Florida Gov. Ron DeSantis tried to hurt Disney for criticizing his 'Don't Say Gay' law, but he just demonstrated his stupidity.
The electric-vehicle charging company reports fourth-quarter sales of $27.3 million, better than analysts' estimates of $20 million.
Elon Musk doesn't seem all that impressed with Warren Buffett's stock picks. And he took to Twitter — of course — to say so.
It’s been a good week for investors of Pyxis Oncology (NASDAQ:PYXS), to say the least. Over the past 4 sessions Pyxis shares have gained 170%, bringing the year-to-date haul to a mighty 340%. This biotech micro-cap is backed by Pfizer, which is largely responsible for the recent rally. According to a recent SEC filing, the pharma giant loaded up on 1,811,594 PYXS shares earlier this month for a total sum of $5 million, paying $2.76 per share. This raised Pfizer’s ownership in Pyxis to 5,952,263
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