Business

Exact skyrockets as Guardant blood test traces Cologuard in colon cancer

Exact skyrockets as Guardant blood test traces Cologuard in colon cancer

Guardian of health (GH) unveiled breakthrough results for its colon cancer blood test which lagged its rival Exact Sciences (EXAS) – leading GH stock to tumble on Friday. Meanwhile, the EXAS stock soared. X In the final phase study, Guardant Health said its blood test had an 83% sensitivity in detecting colon cancer. A highly …

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Futures: Nasdaq Crosses Key Level;  Here is the silver lining

Futures: Nasdaq Crosses Key Level; Here is the silver lining

Dow Jones futures were little changed in after-hours trading, along with S&P 500 and Nasdaq futures. Software giant Adobe grew behind a profit pace, while big holding Cathie Wood Exact Sciences (EXAS) skyrocketed in a rival’s clinical trial. X The stock market rally suffered damaging losses on Thursday, with major indexes dropping below key levels …

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These lawmakers probing FTX's collapse received donations from Sam Bankman-Fried and his cronies

These lawmakers probing FTX’s collapse received donations from Sam Bankman-Fried and his cronies

Accused crypto scammer Sam Bankman-Fried and his FTX associates pumped nearly $95,000 in donations to at least 11 members of the House Financial Services Committee ahead of the 2022 midterm elections, according to federal records. The series of individual campaign donations has raised eyebrows given that all 11 lawmakers sit on the committee currently investigating …

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Live stock market news updates: Stocks plunge as rate hikes rock markets, retail sales miss

Live stock market news updates: Stocks plunge as rate hikes rock markets, retail sales miss

U.S. stocks fell on Thursday as Wall Street reeled from another big rate hike by Federal Reserve officials and weighed similar moves from monetary policymakers across the Atlantic. A disappointing reading on consumer spending also weighed on sentiment. The European Central Bank and the Bank of England followed the lead of the US Fed by …

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Elon Musk files lawsuit against student who tracks his jet

Elon Musk files lawsuit against student who tracks his jet

Twitter CEO Elon Musk said he is taking action against Jack Sweeney, creator and operator of @ElonJet.Drawing: Scott Olson (Getty Images) Twitter CEO and owner Elon Musk is suing Jack Sweeney, the University of Central Florida student who tracks his private plane and posts his flight details on social media under the @ElonJet banner. Musk …

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Bernard Arnault has just become the richest person in the world.  So who is he?  |  CNN Business

Bernard Arnault has just become the richest person in the world. So who is he? | CNN Business

London CNN — Bernard Arnault, the chairman of French luxury giant LVMH (LVMHF), has just become the first European to top Bloomberg’s list of the world’s richest people, relegating Elon Musk to the second place. Worth $171 billion, Arnault’s fortune eclipsed the Tesla CEO’s $164 billion fortune on Tuesday, according to the Bloomberg Billionaires Index. …

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Asia-Pacific markets trade lower after Fed rate hike, signals more ahead

Asia-Pacific markets trade lower after Fed rate hike, signals more ahead

November retail sales in China experience major misfires China’s industrial production for November rose 2.2%, after growing 5% in October, official data showed. That’s less than expectations for 3.6% growth in a Reuters survey. Retail sales fell 5.9% on an annualized basis, more than expectations of a 3.7% drop in a Reuters survey and a …

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