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There’s a bullish breakout brewing in one travel stock. How to trade it
Tony Zhang breaks down this bullish options trade.
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Norwegian Crown Princess undergoes successful lung transplant
The 52-year-old will remain in hospital for a number of weeks so that doctors can monitor for any complications, Arnt Fiane, a professor of medicine at the University of Oslo, said. #EuropeNews
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Drug monopoly extension splits EU ministers in Biotech Act debate
EU health ministers split over a proposal to give certain innovative medicines an extra year of market protection, with EU Health Commissioner arguing the incentive is needed to keep biotech investment in Europe. Incoming Irish presidency, in the meantime, says it will work as quickly as possible.
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Trump seeks delay for the nomination hearing of Jay Clayton for spy chief
The Senate intelligence committee chair said Jay Clayton’s hearing will proceed “unless the president directs him not to appear or withdraws his nomination”.
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EU ministers reach consensus on Biotech Act directive
Amid Europe’s push to catch up in the biotechnology field, the EU health ministers agreed how to tweak rules on modified micro-organisms (GMMs) and the processing of organs.
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Property Play: The private space race is spurring a luxury hotel land grab for Florida oceanfront property
The rise of the private space industry, with companies like SpaceX and Blue Origin, has spurred demand for commercial real estate on Florida’s space coast.
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Quantum tech firm EigenQ to go public in $3 billion SPAC deal
June 17 : EigenQ will go public through a merger with blank-check company Silicon Valley Acquisition in a deal valuing the quantum tech firm at about $3 billion, they said on Wednesday.EigenQ’s core business includes making cybersecurity systems that will protect networks and devices from future attacks by po
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Allbirds rebrands as Smartbird in AI pivot, hires former AWS executive as CEO
June 17 : Allbirds changed its name to Smartbird on Wednesday and appointed former Amazon Web Services executive Nadia Carlsten as president and CEO, cementing the former footwear maker’s pivot to an AI infrastructure firm.The company had said in April it was shifting its focus to offer cloud computing capaci
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Genspark.ai valued at $2.6 billion in latest funding round
June 17 : Technology company Genspark.ai said on Wednesday it had raised $100 million in its extended funding round that valued it at $2.6 billion.The Palo Alto, California-based company said the extension increased its total Series B financing to $485 million.The funding comes as investors continue to
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US Fed set to hold rates steady at Warsh’s first meeting in charge
WASHINGTON: The US Federal Reserve is expected to hold interest rates steady on Wednesday (Jun 17) at Kevin Warsh’s first meeting in charge of the central bank, with rate hikes potentially on the horizon to combat su
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