DEXWireNews

DEXWireNews

Keysight Technologies ( NYSE:KEYS ), a California-based electronics equipment maker, has forecasted a third-quarter profit below estimates due to slow demand in the electronics industrial markets. Keysight ( NYSE:KEYS ) expects the third-quarter profit to be between $1.30 and $1.36 per share, below analysts' estimate of $1.45 per share. The company reported a 10%...

DEXWireNews

Uniswap Labs has introduced ERC-7683, a new token standard designed to streamline cross-chain trading solutions. The standard, which aims to establish a unified framework for intents-based systems to specify cross-chain actions, was proposed in collaboration with the Across Protocol. The standard outlines the steps and standards tokens must meet to work with the...

DEXWireNews

Digital pharmacy startup Hims & Hers Health ( NYSE:HIMS ) is introducing compounded GLP-1 weight loss injections, which have been gaining popularity due to supply constraints in the market. The company, which offers a range of direct-to-consumer treatments for conditions like erectile dysfunction and hair loss, launched a weight loss program in December but did...

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Shah Capital has announced the withdrawal of its campaign against the re-election of three directors on Novavax's board following the COVID-19 vaccine maker's licensing deal with Sanofi. The deal, signed on May 10, entails Sanofi taking a 4.9% stake in Novavax for $70 million at a substantial valuation, including an upfront cash payment of $500 million and future...

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Google ( NASDAQ:GOOG ), a subsidiary of Alphabet Inc., has announced its plan to invest an additional 1 billion euros ($1.1 billion) in the expansion of its data center campus in Finland. This strategic move aims to bolster the company's artificial intelligence (AI) business growth in Europe. The Nordic region, with its cooler climate, tax incentives, and abundant...

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NKGen Biotech ( NASDAQ:NKGN ), a clinical-stage biotechnology company focused on the development and commercialization of innovative autologous, allogeneic, and CAR-NK natural killer (NK) cell therapeutics, has announced that its Safety Review Committee has cleared the company's cryopreserved autologous, expanded, and enhanced SNK01 to progress into Phase 2...

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Crypto analysts at intelligence tracker Santiment have analyzed the crypto market and found that Bitcoin ( CRYPTOCAP:BTC ) could make another attempt to hit its all-time high. The analysis revealed the large volume creation of meme coins and institutional demand for long Bitcoin ( CRYPTOCAP:BTC ) calls on margin. Bitcoin ( CRYPTOCAP:BTC ) funds and Spot ETFs have...

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Wix.com ( NASDAQ:WIX ) reported a 9% increase in Q1 2024 results, with a record increase to the FCF outlook driven by Q1 outperformance and expected 2H bookings acceleration. The company now anticipates a 26% FCF margin in FY2024, one year ahead of plan and within clear sight of hitting the Rule of 40 milestone. Total bookings of $457.3 million increased by 10%...

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Li Auto Inc, ( NASDAQ:LI ) the Chinese electric vehicle company, has reported a sequential decline in revenue and net income in its first quarter of 2024. However, CEO Xiang Li took a positive tone in the earnings report, despite the sequential decline in revenue and net income in Q1. The company's first quarter saw an increase in vehicle sales by 32.3% from...

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Global-e Online Ltd., ( NASDAQ:GLBE ) the leader in global Direct-To-Consumer eCommerce enablement, reported its Q1 2024 financial results, marking a great start for what they believe is set out to be another pivotal year for the company. The company's strong results, including numerous client adds and business expansion across all geographies, and with the team's...

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Microsoft's gaming strategy has taken a significant turn with the reported move to bring Call of Duty to Xbox Game Pass. The Wall Street Journal reported that Microsoft ( NASDAQ:MSFT ) plans to debut 2024's new Call of Duty at next month's Xbox Games Showcase, alongside the announcement that it will be available on Game Pass on its launch day. Microsoft's bet...

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The Arbitrum DAO has approved an eight-week pilot M&A program following overwhelming support for the proposal. On-chain metrics suggest that Arbitrum ( AMEX:ARB ) may experience a rally soon, despite a recent 7.5% increase in its value. The pilot program received over 99% support from DAO members and aims to conduct data-driven research and discussions to inform...

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Wells Fargo ( NYSE:WFC ), a prominent US banking institution, has disclosed its involvement in cryptocurrencies through investments in Bitcoin exchange-traded funds (ETFs). The disclosure was made in a regulatory filing submitted to the U.S. Securities and Exchange Commission (SEC). Wells Fargo has purchased shares of Grayscale's GBTC spot Bitcoin ETF, providing...

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Under Armour (NYSE: NYSE:UAA ), an athletic performance apparel brand, has reported a 38% decrease in net income for fiscal 2024 (FY 2024) from $374.45m in fiscal 2023 (FY 2023). The company's adjusted net income stood at $245m, and its diluted earnings per share also declined to $0.52, compared to $0.81 in fiscal 2023. For the year ending 31 March, Under...

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Dogwifhat ( CRYPTOCAP:WIF ), a dog-themed meme coin, has experienced a significant drop in price due to various factors. The price tumbled over 12% in the last 24 hours, with the current trading price at $2.58. The decline in the crypto market is attributed to meme coins such as CRYPTOCAP:WIF , BOME, PEPE, and FLOKI. Whales and traders are selling Dogwifhat (...

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Pfizer ( NYSE:PFE ) has won $107.5 million in damages from AstraZeneca in a US cancer drug patent trial. A Delaware federal jury found that AstraZeneca's lung cancer drug Tagrisso violated its Wyeth unit's patent rights. The jury agreed that AstraZeneca's drug infringed two patents covering methods for treating cancer with the breast-cancer drug Nerlynx, which is...

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Robinhood Markets ( NASDAQ:HOOD ) has surged past an alternative buy point, adding to its significant gains. The online trading platform reported earnings and sales that exceeded Wall Street's estimates due to a surge in retail cryptocurrency trading. Robinhood ( NASDAQ:HOOD ) earned 18 cents a share, a significant shift from a year-ago loss, and revenue surged...

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Solana's price surge to $173 has sparked optimism among investors, with experts hinting at a potential rise to $200. The surge is driven by positive sentiment and upcoming upgrades, such as the Frankendancer upgrade. Syncracy Capital's co-founder Daniel Cheung expressed confidence in Solana's strength, highlighting its potential to reclaim $200. He also...