The San Diego-based biotech plans to become the first U.S. firm of its kind to pursue a primary listing in Hong Kong, aiming to fund the expansion of its lead drug program into larger adult indications, its CEO said.
Options market data indicates a potential 9.2% stock price move for Rivian Automotive following its earnings release on July 30, with the stock having a history of volatile post-earnings reactions.
S&P Global Ratings has lifted its outlook on Standard Chartered PLC to positive from stable, citing the bank's successful strategic overhaul that has bolstered profitability and reduced its risk profile.
Options traders are anticipating a potential 7.3% swing in Norwegian Cruise Line's stock following its upcoming earnings report on July 30. Historical data shows the stock has often moved more than the options market implied on earnings day.
Norway's benchmark stock index closed at its highest level in a month, buoyed by a sharp rally in energy giant Equinor as Brent crude prices surged past $100 a barrel.
Greek stocks fell sharply on Thursday, with the Athens General Composite closing down 2.02% amid widespread losses led by the banking, telecoms, and household sectors.
The U.S. Department of Justice's antitrust division has announced changes intended to expedite its merger review process, a move that could speed up clearance for some corporate deals.
Shares of the SPAC (CCXI) fell 3.5% after humanoid robotics firm Agility Robotics announced it hired Michael Beer as its new Chief Financial Officer ahead of their planned public listing.
Norfolk Southern reported second-quarter earnings and revenue that significantly surpassed analyst expectations, driven by improved operational efficiency, sending its shares higher in pre-market trading.
