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Latest Financial News
FDA Approves Lantheus Alzheimer’s Tau PET Imaging Agent Tauklarify
The FDA approved Tauklarify for tau PET brain imaging in cognitively impaired adults being evaluated for Alzheimer’s disease, adding a new neurology asset to Lantheus’s radiopharmaceutical portfolio.
ACCO Brands to Buy Trust for $57 Million, Expanding Technology-Peripherals Business
ACCO Brands agreed to acquire Dutch computer-accessories company Trust for about $57 million, a deal that would lift its technology-peripherals business to roughly $500 million in annual pro-forma…
U.S. Retail Sales Fall 0.6% as Consumer Spending Loses Momentum
U.S. retail sales fell for the first time in nine months in July, while a GDP-linked control-group measure also declined 0.4%.
Reddit Stock Jumps More Than 11% as S&P 500 Entry Sets Up Heavy Index-Fund Buying
Reddit shares surged Friday after its S&P 500 addition was confirmed, with JPMorgan estimating index funds may need to buy about 16.7 million shares before the change takes…
Apple Trained Its Own China AI Model With Alibaba Support
The China-specific LLM would add an Apple-trained model to a rollout that already relies on Alibaba’s Qwen and Baidu technology, though its exact role remains unclear.
Goldman Sachs Seeks Investors for Nvidia’s $500 Billion AI Financing Push
Goldman is discussing potential participation with U.S. insurers, asset managers and banks as Nvidia's proposed compute-financing platforms take shape.
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