Saturday, April 20, 2024
Millions of Americans are dealing with extreme heat again. Along the way, it could fuel bigger demand for microgrids, and technology from companies like CleanSpark Inc. (CLSK). According to The Guardian, “The heatwave gripping the US west is simultaneously breaking hundreds of temperature records, exacerbating a historic drought and priming the landscape for a summer […]
Draftkings Inc. (DKNG) is beginning to recover after a short report from Hindenburg Research. The short sellers allege that, “SBTech, a European technology company that merged with DKNG as part of the SPAC deal, generates significant revenue from questionable gambling practices in overseas markets, particularly in some Asian markets,” as reported by CNBC. However, DKNG […]
Biogen’s (BIIB) stock price pushed higher this week the U.S. FDA approved its therapy for Alzheimer’s disease. According to CNBC, “The FDA’s decision was highly anticipated as U.S. regulatory approval would make aducanumab the first drug approved to slow cognitive decline in people living with the disease and the first new medicine for Alzheimer’s in […]
FATE’s stock price was higher on Friday because Fate Therapeutics (FATE) highlighted positive interim data from its study of FT516 in combination with Rituximab for B-cell Lymphoma. “FT516 is the Company’s universal, off-the-shelf natural killer (NK) cell product candidate derived from a clonal master induced pluripotent stem cell (iPSC) line engineered with a novel high-affinity, […]
Nio (NIO) could run well above $50 a share again. For one, EV sales like those from NIO show no sign of slowing. The U.S. just pledged to reduce emissions by up to 52% over the next several years. Europe wants to cut CO2 emissions by up to 55% by 2030. China says it’ll stop […]
Keep an eye on lithium stocks, like Lithium Americas (LAC). All as lithium runs into a severe supply-demand situation again. All thanks to electric vehicle (EV) sales that are growing much faster than anyone expected. In fact, “By 2030, the world will see 125 million EVs on the road, which will only drive further demand […]
Beyond Meat (BYND) is pushing aggressively higher. All after Bernstein analyst Alexia Howard raise her rating on BYND to an outperform rating, with a price target of $130. “Consumer demand for meat alternatives overall have held up well on a two-year basis, and Beyond Meat itself is telling investors to expect a recovery in organic growth […]
Nio (NIO) is gaining traction again. Weeks ago, NIO reported April 2021 deliveries of 7,012 units, which represents 125.1% year over year growth. In addition, NIO reported first quarter revenue of $1.22 billion, which was up 481.8% year over year, and 20.2% quarter over quarter. [insert image: one of the NIO images we’ve not used […]
MicroStrategy (MSTR), which now owns more than 92,000 Bitcoins, fell $35 a share. All after Bitcoin plunged to less than $40,000. Fueling the pullback, China just “banned financial institutions and payment companies from providing services related to cryptocurrency transactions, and warned investors against speculative crypto trading,” says Reuters. Plus, weeks after fueling a Bitcoin rally […]
Just days ago, the company announced encouraging Interim Phase 1 Data for iPSC-derived NK cell programs in relapsed / refractory acute myeloid leukemia. “We are highly encouraged by these Phase 1 data in patients with relapsed / refractory AML, which clearly indicate that off-the-shelf, iPSC-derived NK cells administered as monotherapy in the outpatient setting were […]
