Chris Wack News Today

By Chris Wack AST SpaceMobile shares were up 23% to $6.58 after the company entered into a strategic partnership with a commitment of $100 million from Verizon to provide direct-to-cellular...

By Chris Wack Semler Scientific shares were up 29% to $30.10 after the company said its board of directors has adopted bitcoin as its primary treasury reserve asset. The health technology...

Signs of a Slowdown in China By Vicky Ge Huang Chinas consumption and investment slowed unexpectedly in April despite Beijings efforts to shore up the economy. Meanwhile, President Bidens... -May 21, 2024 at 07:19 am EDT - MarketScreener

By Chris Wack BlackLine shares were down 8% to $53.27 after the company said it intends to offer $500 million of convertible senior notes due 2029 in a private placement. The packaged...

--Tesla is developing a plan for a data center in China to train the algorithm needed for fully autonomous vehicles, Reuters reports, citing people with knowledge of the matter. --The EV... -May 17, 2024 at 06:52 am EDT - MarketScreener

By Chris Wack DXC Technology said Friday that it will work with Ferrovial and Microsoft to jointly develop a generative artificial intelligence platform, called Quercus. Quercus, which...

By Chris Wack Outset Medical shares were up 56% to $4.89 after the company said that the Food and Drug Administration has granted 510 clearance of its TabloCart with prefiltration, an...

By Chris Wack Synopsys is selling its Software Integrity Group business to Clearlake Capital Group and Francisco Partners in a transaction with a total value of up to $2.1 billion. The...

By Chris Wack NRx Pharmaceuticals shares were up 38% to $2.90 after the company said it saw a statistically significant safety advantage of NRX-101 compared to the standard of care comparator...

The Vibes Are Off In The Treasurys Market By Hardika Singh Inflation and deficits are lifting government bond yields and jarring the stock market. Meanwhile, fundamentals suggest inflation...