After September’s Jobs Report, Traders Reconsider Need for Interest Rate Cut Is Another Rate Cut Really Necessary? So, after September’s jobs report came in better than expected, it seems like the winds of change are blowing through the trading world. Suddenly, the idea of another 50-basis-point interest rate cut at the Federal Reserve’s November meeting…
Bragar Eagel & Squire, P.C. Announces Lawsuit Against Iris Energy Limited Introduction On October 07, 2024, Bragar Eagel & Squire, P.C., a renowned stockholder rights law firm, revealed that a class action lawsuit has been filed against Iris Energy Limited (“Iris Energy” or the “Company”) (NASDAQ: IREN). The lawsuit was filed in the United States…
Chinese Chipmaker SMIC Leads Sector Rally Investors are closely watching Chinese chipmaker Semiconductor Manufacturing International Corp. (SMIC) after it led a $13 billion rally in the sector. This surge comes as speculation grows that Beijing may announce additional policy or financial support for the industry, which plays a critical role in China’s geopolitical ambitions. Expert…
Market Update: S&P 500 Sees Mixed Results with Supermicro, Generac, Vistra, and Deckers Leading the Way Description Major U.S. equities indexes fell to kick off the trading week as Friday’s strong jobs report tempered expectations for the progression of interest-rate cuts. Meanwhile, crude oil prices moved higher as global tensions remained high and Hurricane Milton…
Class Action Lawsuit Filed Against Elanco Animal Health Incorporated Overview In recent news, Pomerantz LLP has announced that a class action lawsuit has been filed against Elanco Animal Health Incorporated and certain officers. The class action, filed in the United States District Court for the District Of Maryland, seeks to hold the company accountable for…
Crypto analyst Egrag has once again shared a bullish analysis of Hedera Hashgraph (HBAR), predicting a potential 30x increase (2,900%). His latest chart analysis (HBAR/USD) presents a view where HBAR stands in the current market cycle, highlighting key Fibonacci retracement levels and critical price points that could guide HBAR’s movement in the months ahead. Egrag’s…
Investor Alert: Deadline Approaching for WEBTOON Entertainment Inc. IPO Lawsuit New York, Oct. 7, 2024 – Rosen Law Firm, a global investor rights law firm, is reminding purchasers of common stock of WEBTOON Entertainment Inc. (NASDAQ: WBTN) about the upcoming lead plaintiff deadline on November 4, 2024. This deadline is related to the Company’s initial…
Innovent and Ask Pharm Announce Strategic Collaboration for Limertinib: A Third-Generation EGFR TKI for Lung Cancer Treatment Description SAN FRANCISCO and SUZHOU, China , Oct. 7, 2024 /PRNewswire/ — Innovent Biologics, Inc. (“Innovent”) (HKEX: 01801), a world-class biopharmaceutical company that develops, manufactures and commercializes high-quality medicines for the treatment of oncologic, autoimmune, cardiovascular and metabolic,…
