All posts in Stock Market Updates

Efforts to use artificial intelligence to discover drugs have been underway for a decade, but industry watchers predict a tipping point is coming for investors, who have been looking for ways to determine how AI drug developers should be valued. AI and machine learning offer the potential to accelerate the search for new therapies by more quickly identifying compounds to treat disease. There is also the promise of making the phases of clinical trials more efficient by improving patient enrollment and processing information quickly as information comes in from studies. More tangible evidence of these capabilities is now being demonstrated….

Jim Cramer was the target of social media ire Friday after shares of cryptocurrency trader Coinbase soared just a week after the CNBC financial guru warned of an SEC investigation into the company. On July 26, Cramer tweeted: “Coinbase’s reversal on possible SEC investigation is very bad news given that we don’t even know what it’s about. But they always hoped to avoid SEC scrutiny.” Twitter users then posted screenshots Coinbase’s stock price rises up more than 16% on Thursday to top $106 a share. Coinbase COIN, +4.67% was trading at about $92 a share on Friday. In the past…

Jim Cramer was the target of social media ire Friday after shares of cryptocurrency trader Coinbase soared just a week after the CNBC financial guru warned of an SEC investigation into the company. On July 26, Cramer tweeted: “Coinbase’s reversal on possible SEC investigation is very bad news given that we don’t even know what it’s about. But they always hoped to avoid SEC scrutiny.” Twitter users then posted screenshots Coinbase’s stock price rises up more than 16% on Thursday to top $106 a share. Coinbase COIN, +4.67% was trading at about $92 a share on Friday. In the past…

David Wighton is a columnist for Financial News The gloom surrounding Britain’s economy is so pervasive that even the rare seemingly good news is grimly scrutinized for evidence that it is actually bad. One of the most striking achievements of the UK economy in recent years has been the extraordinary growth in venture capital investment. That’s almost reached US levels, according to my calculations using PitchBook figures for the past five quarters and adjusting for the size of the economy. Even so, however, the Eeyores find something to worry about. One concern, they say, is that an increasing proportion of…

The president of the Administration of the Heritage of the Apostolic See (APSA) explains the 2021 Financial Status in an interview with Vatican Media, noting a surplus of 8.11 million euros and emphasizing that the main objective remains to evangelize and give help to tenants who need it. By Vatican News For the second consecutive year, APSA publishes its financial statement under the banner of total transparency. Bishop Nunzio Galantino, president of the Heritage Administration of the Apostolic See, talks about the key figures of the Financial State 2021, recalling that, as Pope Francis says in the Praedicate evangelium, evangelization…

Western capitals are increasingly alarmed by deepening economic cooperation between Turkish President Recep Tayyip Erdogan and Vladimir Putin, warning of the growing risk that the NATO member state could be hit by punitive retaliation if it helps Russia avoid sanctions. Six Western officials told the Financial Times they were concerned about a pledge by the Turkish and Russian leaders on Friday to expand their cooperation on trade and energy after a four-hour meeting in Sochi. An EU official said the 27-member bloc was monitoring Turkish-Russian cooperation “increasingly closely”, expressing concern that Turkey was “increasingly” becoming a platform for trade with…