StockTwits, founded in 2008 by Howard Lindzon and Soren Macbeth, is a leading social media platform designed specifically for investors and traders to share real-time market insights, ideas, and strategies. Headquartered in New York City, the company pioneered the use of "cashtags" (e.g., $AAPL) to organize financial discussions, initially integrating with Twitter before evolving into a standalone network.
Bank of America analyst Tim Anderson raised the firm's price target on Amylyx to $14 from $10 while keeping a ‘Buy’ rating on the shares after the company reiterated earlier this week that it has a cash runway until the end of 2026.
According to a Bloomberg report, citing people familiar with the discussion, Zuckerberg raised concerns that digital service taxes unfairly target U.S. tech firms at a meeting late last week.
Novo Nordisk has entered into a collaboration with Replicate BioScience under which it will receive a defined, exclusive, worldwide license to use the latter’s self-replicating RNA platform to develop and commercialize treatments.
According to a Bloomberg report, the EU proposal also includes preferential treatment to some agricultural and seafood products, as well as extending the duty-free policy for lobsters from the U.S.
Canaccord stated that while net-new annual recurring revenue (ARR) jumped to $221 million from $194 million in the previous quarter, overall ARR and subscription revenue growth continued to decelerate year-on-year.
Benchmark Brent crude prices fell 53 cents to $67.52 per barrel at 5.04 a.m. ET, while U.S. West Texas Intermediate crude prices fell 0.8% to $63.65 per barrel.
CEO and Chairman Charles Giancarlo said, “Our strong second quarter results demonstrate ever more customers' confidence in the value of the Pure Storage platform to advance their data storage and management."
Company-specific catalysts, including earnings news and changes in index constituents, led to heightened activity in some stocks in Wednesday’s after-hours session.
Nvidia’s CFO clarified that the company hasn’t yet resumed H20 sales in China despite a select number of the company’s China-based customers receiving licenses over the past few weeks.
