Next week hints at short-lived debt deal relief as jobs report looms
Even if fear of a debt crisis ends and AI-related euphoria quiets down, markets after Memorial Day still have to face May's nonfarm payroll report.
Source: cnbc.com
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Kino Lorber & First Look Media Form Streaming JV
Kino Lorber and First Look Media have formed a new joint venture to house Kino Lorber’s MHz Choice and First Look’s Topic.
Source: worldscreen.com
Markets next week may keep thinking about what could go right
A small but growing chorus of voices on Wall Street outline the case for further stock market gains after the S&P 500 and Nasdaq touched nine-month highs.
Source: cnbc.com
Durham firm focusing on bioengineering of human tissue up to $150M in new capital
Humacyte has secured up to $150 million in new capital - including $40 million upfront - from Oberland Capital Management as the firm moves to commercialize bioengineered human tissue. Here are the details.
Source: wraltechwire.com
Good news for markets next week. Everyone agrees the debt ceiling 'X date' is not here yet
The bad news is that complacency is nigh in stock land. The CBOE Market Volatility Index traded below 18 on Friday, having fallen almost 22% in 2023.
Source: cnbc.com