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Teen Alcohol And Nicotine Use On The Rise In Europe: WHO

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Russia Lost 50000 Lives In War, 7400 Russians Seeking Asylum: UK

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New Rules To Ensure Automatic Refunds, Protect Air Travelers From Junk Fees

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sanofi apr25 lg
Sanofi Q1 Profit Weak, But Sales Rise; Backs FY24 View; Stock Up

French drug major Sanofi reported Thursday weak profit in its first quarter, despite higher net sales. The company also maintained its fiscal 2024 outlook. Sanofi shares were gaining around 4 percent in Paris trading as well as in pre-market activity...

Roche Q1 Sales Down, Confirms FY24 View; Stock Down
Novartis Q1 Profit Tops Market, Lifts FY24 View, Proposes New Chair; Stock Up
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U.S. Economic Growth Slows Much More Than Expected In Q1

A report released by the Commerce Department on Thursday showed the U.S. economy grew by much less than expected in the first quarter of 2024. The Commerce Department said gross domestic product increased by 1.6 percent in the first quarter after surging...

U.S. Pending Home Sales Surge 3.4% In March, Much More Than Expected
U.S. Weekly Jobless Claims Unexpectedly Dip To Two-Month Low
defensemissiles apr 25 lg
US Announces $1 Bln Package, Including Air Defense Missiles, For Ukraine

Immediately after President Joe Biden signed the foreign security aid package Bill into law, the Defense Department announced a hefty new package of weapons and equipment worth $1 billion to support Ukrainian forces with urgently needed capabilities in...

Russia Vetoes UN Resolution On Outer Space Treaty
Israeli Missiles Hit Iran: Reports
wallstreet aug31 09oct23 lg
U.S. Stocks Climb Well Off Worst Levels But Close Mostly Lower

After moving sharply lower early in the session, stocks regained ground over the course of the trading day on Thursday but remained mostly lower. The major averages all finished the day in negative territory after ending Wednesday's trading narrowly mixed. The...

European Stocks Close Lower As Investors React To Earnings, Economic Data
Asian Shares Decline In Thin Holiday Trading
COVID-19: Drugs in Development
U.S. Stocks Climb Well Off Worst Levels But Close Mostly Lower
Neotame Can Damage Gut Wall, Study Finds
Study On Gene-based Therapy To Treat Timothy Syndrome
Samourai Wallet Co-founders Arrested And Charged With Money Laundering
Apple Releases Open-Source LLMs To Run On-Device
Prime Hydration Sued For Excessive Caffeine, PFAS
FTC Issues $5.6 Million In Refunds For Ring Customers Following Privacy Settlement
Meta Confirms Launch Of Passkeys To Protect Whatsapp Accounts On IOS
U.S. Stocks Regain Ground After Early Sell-Off But Remain Mostly Lower
Disappointing Earnings News, GDP Data Weighing On Wall Street
Top Stories

Huawei Launches Pura 70 Series To Rival Apple In China

huawei 18042024 Huawei has launched its new flagship Pura 70 series line-up, replacing the "P series" launched in 2012, in an attempt to challenge Apple (AAPL) in China. The line-up with sleek design and advanced camera is available in four models - Pura 70 priced...

Asian Markets Trade Sharply Lower

asiandown oct17 18apr24 Asian stock markets are trading mostly sharply lower on Friday, following the mixed cues from Wall Street overnight, on ongoing concerns over the tensions in the middle-east with reports of Israel retaliating to last weekend's attacks. Interest rates continued to weigh on markets as the US Fed is now widely expected to hold off on cutting rates until at least July.

European Shares Seen Sharply Lower As Geopolitical Tensions Spike

European stocks may tumble at open on Friday after Israeli missiles targeted a site in Isfahan province in Iran, raising fears of a widening conflict across the Middle East. However, Iran's state-run media reported that there was no missile attack...

Asian Shares Sink As Risk Aversion Grips Markets

Asian stocks sank on Friday, while the dollar surged, oil prices climbed and gold held near a record high below $2,400 per ounce after Israel launched strikes against Iran, in what appeared to be limited retaliatory action for last week's drone and missile...
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White House

White House Announces $1 Bln For Clean Water For Tribal Nations At Water Summit

Wednesday, during Earth Week, the White House is convening state, Tribal, and local leaders from across the country for a White House Water Summit where the Administration will announce a new national goal and partnership to conserve and restore freshwater resources. The 'America the Beautiful Freshwater Challenge: A Partnership to Conserve and Restore America's Rivers, Lakes, Streams, and Wetla

Limited Access Channel In Baltimore To Open By End Of April

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Economy
uspendinghomesales 25042024Pending home sales in the U.S. surged by much more than expected in the month of March, according to a report released by the National Association of Realtors on Thursday. NAR said its pending home sales index spiked by 3.4 percent to 78.2 in March after jumping by 1.6 percent to 75.6 in February. Economists had expected pending home sales to rise by just 0.3 percent.

U.S. Economic Growth Slows Much More Than Expected In Q1

U.S. Weekly Jobless Claims Unexpectedly Dip To Two-Month Low

German Consumer Sentiment To Hit 2-Year High In May

European Economic News Preview: German Consumer Confidence Data Due

U.S. Durable Goods Orders Surge 2.6% In March, More Than Expected

German Ifo Business Confidence Near 1-Year High

Indonesia Central Bank Unexpectedly Hikes Rate

European Economic News Preview: Germany Ifo Business Confidence Data Due

U.S. New Home Sales Surge Much More Than Expected In March

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Health

FDA Approves New Treatment For Urinary Tract Infections

The U.S. Food and Drug Administration approved Pivya (pivmecillinam) tablets for the treatment of female adults with uncomplicated urinary tract infections (UTIs) caused by susceptible isolates of Escherichia coli, Proteus mirabilis and Staphylococcus saprophyticus. "Uncomplicated UTIs are a very common condition impacting women and one of the most frequent reasons for antibiotic use," said Pete
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Markets
The Switzerland market ended notably lower on Thursday, in line with markets across Europe, with investors largely tracking earnings updates, and making cautious moves amid uncertainty about the outlook for Fed interest rates.
Business
sanofi apr25
French drug major Sanofi reported Thursday weak profit in its first quarter, despite higher net sales. The company also maintained its fiscal 2024 outlook. Sanofi shares were gaining around 4 percent in Paris trading as well as in pre-market activity on the Nasdaq.
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Economic Calendar
DateIndicatorPeriodCountry
04/25/24 10:30EIA Natural Gas Inventory (Cubic Feet)APR 19 United States
04/25/24 10:0Pending Home Sales (Y-o-Y)MAR United States
04/25/24 10:0Pending Home Sales (M-o-M)MAR United States
04/25/24 8:30Continuing Claims - 4 Wk AverageAPR 13 United States
04/25/24 8:30Continuing ClaimsAPR 13 United States
04/25/24 8:30Initial Jobless Claims - 4 Wk AverageAPR 20 United States
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Biotechnology Weekly Update - April 24, 2024

This week, we feature Nigeria’s combat with meningitis, Hostile takeover bid for Vanda Pharma, US opioid crisis, Sammy’s Milk’s safety concerns, and X4’s Mavorixafor’s fast-track status.

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Stock Alerts

Textron Stock Drops On Q1 Earnings, Job Cuts

Cidara Therapeutics Stock Jumps 13% As It Reacquires Rights To Influenza Drug

Ultralife Jumps 18% On Quarterly Results

Meta Shares Sink 14% Following Outlook

MarineMax Drops In Pre-market On Earnings Miss, Outlook

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Latest Updates on COVID-19
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COVID-19: Drugs in Development
Cryptocurrency

Samourai Wallet Co-founders Arrested And Charged With Money Laundering

The founders of the Samourai Wallet, Keonne Rodriguez, and William Lonergan Hill, have been indicted by federal prosecutors on charges of conspiracy to commit money laundering and conspiracy to operate an unlicensed money-transmitting business. The charges... Read More
FDA Monitor

Biotech Stocks Facing FDA Decision In April 2024

World Health Day, observed annually on April 7th, provides an opportunity to focus on key public health issues. This date also commemorates the founding anniversary of the World Health Organization (WHO) in 1948. The theme for World Health Day 2024 is 'My health, my right', which underscores the significance of individual health empowerment. Read More
Biotechnology

Ascendis Pharma Says UK Approves YORVIPATH For Treatment Of Adults With Chronic Hypoparathyroidism

Danish pharmaceutical company Ascendis Pharma A/S (ASND) announced that the United Kingdom's Medicines & Healthcare products Regulatory Agency (MHRA) has granted marketing authorization for YORVIPATH (palopegteriparatide; developed as TransCon PTH) in... Read More
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