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February 2024
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By Prime Allied Limited
GSK PLC, the British pharmaceutical company, announced on Tuesday a $1.4 billion acquisition of Aiolos Bio Inc., which would expand its respiratory portfolio.
By Prime Allied Limited
Apple Inc. (AAPL) is fighting a ban on several of its smartwatches after President Joe Biden's administration opted not to intervene.
By Prime Allied Limited
GM (GM) stock increased by more than 6%. Thursday after it announced employment cuts at its autonomous car branch, Cruise, in the aftermath of an accident that forced authorities to shut down the robo taxi service.
By Prime Allied Limited
On Friday, UiPath Inc. (PATH) shares increased by over 25% following the company's third-quarter earnings report significantly surpassed the expectations of analysts.
By Prime Allied Limited
Amazon (AMZN) is establishing an artificial intelligence (AI) skills training program to assist employees in developing critical skills as organizations face an AI talent shortage.
By Prime Allied Limited
Nvidia (NVDA) shattered analyst forecasts for third-quarter financials after the bell Tuesday, with adjusted profits per share (EPS) and sales more than doubling from the prior-year quarter, as the AI market continues to heat up.
By Prime Allied Limited
Earnings news from pioneer Nintendo and relative newcomer Roblox (RBLX) boosted video game manufacturer shares on Wednesday.
By Prime Allied Limited
According to Wall Street analysts, Intel's (INTC) move to spin off its programmable chip business into a separate company indicates that the chipmaker requires cash to support its revival push. On Wednesday, Intel's stock soared.
By Prime Allied Limited
When Windows and Internet Explorer first appeared as crucial tools of the online revolution 30 years ago, Microsoft (MSFT) pioneered the road for technology.
By Prime Allied Limited
POINT Biopharma Global (PNT) shares soared more than 80% in initial trading on Tuesday after Eli Lilly (LLY) agreed to purchase the radiopharmaceutical company for $1.4 billion in order to expand its cancer-fighting therapies.
By Prime Allied Limited
Amazon (AMZN) will provide third-party merchants with a new logistics service that will manage the delivery of items from manufacturers straight to buyers. The shares of Amazon soared on the announcement on Wednesday.
By Prime Allied Limited
A rapid increase in profitability has placed AppFolio, a real estate software company, on the radar of investors. AppFolio stock has risen 83% in 2023 and is now ready to become profitable.
By Prime Allied Limited
NetEase (NTES), one of China's largest online gaming and internet service providers, surpassed profitability projections for the second quarter on Thursday, although revenues fell short.
By Prime Allied Limited
The 30-year average mortgage rate rose for the third day on Thursday, while the 15-year rate rose to its highest level in four weeks. On the other hand, the 30-year refinancing average fell to conclude a five-day rally.
By Prime Allied Limited
Apple Inc (AAPL.O) said on Thursday that component shortages are improving and that demand for iPhones remains strong despite customers cutting back on other purchases.
By Prime Allied Limited
Elon Musk said on Friday that the goal of his new artificial intelligence business, xAI, is to "understand the universe."
By Prime Allied Limited
Robert Iger, who previously led Disney from 2005 to 2020, made an unforeseen comeback in November of the previous year following the dismissal of his successor, Chapek.
By Prime Allied Limited
As an iconic American giant, General Electric (GE) is rapidly reaching the end of the runway. GE is getting ready to launch in a new route as GE Aerospace, a pure-play aviation and military company.

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