On Wednesday, the major averages closed on a mixed note, as traders were left unimpressed by the Fed's decision and Chair Powell’s comments at the press conference that followed the meeting.
Following strong results from big banks earlier in the month, several financial sector stocks are standing out in this week's earnings lineup after crushing their Q2 EPS expectations.
The company plans to seek a development and commercialization partner for repibresib and expects to provide an update on both repibresib and VYN202, which are currently under partial FDA clinical hold, in the coming weeks.
Google is reportedly investing $6 billion to build its largest Asian data center in Andhra Pradesh, India, including $2 billion for green energy, marking its first such project in the country.
U.S. copper futures crashed over 19% within minutes around 2:00 p.m. ET, marking the largest intraday drop on record, after the White House announced a 50% tariff on all semi-finished copper imports starting August 1.
OpenAI CEO Sam Altman warned that ChatGPT conversations lack legal confidentiality, meaning user data could be disclosed in court without new AI-specific privacy laws.
Leading cryptocurrencies felt the pinch on Wednesday after Federal Reserve Chair Jerome Powell said “no decision” has been made on a September rate cut.
The Bureau of Economic Analysis announced today that seasonally adjusted U.S. real GDP grew at a 3.0% annual rate in the second quarter. I have some concerns, but it looks better than many economists had been anticipating.
The potential acquisition follows a 2023 licensing partnership between the two companies and comes after Gilgamesh reported promising trial results for its depression drug, GM-2505.
President Donald Trump announced on Wednesday that the United States has reached a "Full and Complete Trade Deal" with the Republic of Korea, worth $450 billion.
Trump stated that the size of the proposed investment will be announced within the next two weeks, when South Korean President Lee Jae Myung visits the White House for bilateral talks.
GBP/USD sank for a fifth straight session on Wednesday, falling as the US Dollar catches a broad-market bid after the Fed held rates steady and stuck to its stubborn wait-and-see stance, trimming hopes for a September rate cut.
Despite beating forecasts, why did Visa's shares fall after its latest earnings? The firm sees big opportunities in Visa Direct and in a key crypto vertical.
