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Federer-backed On maintains full-year revenue forecast after positive quarterly result, but shares fall – 08/13/2024 at 12:28

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Federer-backed On maintains full-year revenue forecast after positive quarterly result, but shares fall – 08/13/2024 at 12:28

((Automated translation by Reuters, please see disclaimer (Added earnings comparison in paragraph 10 and updated stocks) by Ananya Mariam Rajesh On Holding ONON.N beat analysts’ estimates for second-quarter revenue on Tuesday on strong demand for its footwear and apparel from customers looking for fashionable products, but shares fell 9% premarket as the company maintained its … Read more

FDA Refuses to Approve First MDMA-Based PTSD Treatment – 08/09/2024 at 23:49

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FDA Refuses to Approve First MDMA-Based PTSD Treatment – 08/09/2024 at 23:49

((Automated translation by Reuters, please see disclaimer (Added details to paragraphs 4 and 5) The U.S. health regulator has refused to approve a therapy based on the psychotropic drug MDMA for patients suffering from post-traumatic stress disorder, saying it could not be approved based on the data submitted, Lykos Therapeutics said Friday. Commonly referred to … Read more

Amazon Prime Video wants to expand into Hollywood – 08/07/2024 at 12:00

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Amazon Prime Video wants to expand into Hollywood – 08/07/2024 at 12:00

((Automated translation by Reuters, please see disclaimer by Dawn Chmielewski and Greg Bensinger When Mike Hopkins was approached to lead Amazon AMZN.O Prime Video, his vision for the streaming service matched that widely held in Hollywood: It was nothing more than a perk for subscribers to the online retailer’s two-day delivery service. But Amazon founder … Read more

US FDA approves Servier’s brain tumor treatment – 07/08/2024 at 01:29

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US FDA approves Servier’s brain tumor treatment – 07/08/2024 at 01:29

((Automated translation by Reuters, please see disclaimer Servier Pharmaceuticals said Tuesday that the U.S. Food and Drug Administration has approved the French manufacturer’s treatment for a type of brain tumor, making it the first drug to be approved in the United States for the condition. The drug, called voranigo, is used to treat a form … Read more

Samsung’s 8-layer HBM3E chips pass Nvidia’s tests and can be used, sources say – 07/08/2024 at 01:00

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Samsung’s 8-layer HBM3E chips pass Nvidia’s tests and can be used, sources say – 07/08/2024 at 01:00

((Automated translation by Reuters, please see disclaimer by Fanny Potkin and Heekyong Yang Aug. 6 – (A version of Samsung Electronics’ 005930.KS) fifth-generation HBM chips has successfully passed Nvidia NVDA.O’s testing for use in its artificial intelligence (AI) processors, three sources familiar with the results said. The qualification removes a major hurdle for the world’s … Read more

Publicis acquires Influencer, an organization that makes a speciality of influencer advertising

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Publicis acquires Influencer, an organization that makes a speciality of influencer advertising

French communications company Publish introduced Thursday the choice of a definitive settlement for the acquisition of Affect, an American firm that makes a speciality of advertising and affect on social networks, which depends on synthetic intelligence (AI) instruments. Headquartered in Las Vegas, Affect has AI-powered know-how “with over 100 billion information factors” and a community … Read more

Argan AGX.N Stock Soars 22.7% to Reach Six-Year High as Revenue Surges

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Argan AGX.N Stock Soars 22.7% to Reach Six-Year High as Revenue Surges

(Automated translation by Reuters, please see disclaimer April 12 – **Shares of engineering services company Argan AGX.N up 22.7% to $60.50 ** Stock hits six-year high ** Company’s Q4 revenue rises 38.5% to $164.55 million vs. $161.60 million forecast – LSEG data ** The increase in turnover is attributable to increased profits from several energy … Read more

MaPrimeRénov’ Subsidy Requests Plummet by 40%: Government Announces Help for Basic Renovation Tasks

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MaPrimeRénov’ Subsidy Requests Plummet by 40%: Government Announces Help for Basic Renovation Tasks

The number of MaPrimeRénov’ subsidy requests fell by 40% at the start of the year, following the reform of the energy renovation financing system implemented on January 1, 2024. Faced with this collapse, the government announced the return help for basic renovation tasks. After a drop in files, work again eligible for MaPrimRenov’-iStock-ba11istic.jpg MaPrimeRénov’ aid … Read more

NYCB Chief Executive Announces New Business Plan and Search for Non-Bank Bidders amid Stock Market Uncertainty

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NYCB Chief Executive Announces New Business Plan and Search for Non-Bank Bidders amid Stock Market Uncertainty

New York Community Bank NYCB.N is interested in non-bank bidders for some of its loans and will present a new business plan next month, its new chief executive said Thursday, after the bank again cut its dividend and revealed that deposits fell by 7%. The bank’s shares rose 7% on Thursday, after swinging between gains … Read more

Sorare Plans to Strengthen Product Development Team in Paris for 2024 Growth

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Sorare Plans to Strengthen Product Development Team in Paris for 2024 Growth

Par Ingrid Vergara Published 5 hours ago, Updated 4 hours ago In 2024, Sorare wants to strengthen its product development team based in Paris. velirina / stock.adobe.com The French sports tech nugget wants to strengthen its product team based in Paris. Being quick to execute and adapting quickly is a sine qua non condition for the … Read more