VICTORIA, BC, Nov. 7, 2024 /PRNewswire/ – Eupraxia Pharmaceuticals Inc. (“Eupraxia” or the “Company”) (NASDAQ: EPRX) (TSX: EPRX), a clinical-stage biotechnology company leveraging its proprietary DiffuSphere™ technology designed to optimize drug delivery for applications with significant unmet need, today announced its financial results for the third quarter of 2024. All dollar values are in U.S. dollars unless stated otherwise. “During the third quarter, we advanced our Phase 1b/2a RESOLVE trial for EP-104GI as a treatment for eosinophilic esophagitis, reporting further positive results from the fourth cohort and presenting the data at prominent medical conferences internationally,” said Dr. James Helliwell, CEO…
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Traders work on the floor of the New York Stock Exchange during the morning trading on November 07, 2024 in New York City. Michael M. Santiago | Getty ImagesU.S. stock futures hovered near the flatline Thursday night after the S&P 500 and Nasdaq Composite hit records in a postelection rally and investors weighed the Federal Reserve’s latest interest rate cut.S&P 500 futures and futures tied to the Dow Jones Industrial Average were little changed. Nasdaq 100 futures inched lower by 0.1%.During Thursday’s trading session, the broad market index gained 0.7% to close at a new record. The tech-heavy Nasdaq jumped 1.5%…
By Gabriela Selser MEXICO CITY (Reuters) – Members of U.S. President-elect Donald Trump’s transition team reached out to a leading Nicaraguan opposition figure on Thursday, saying they want to unite exiled communities from Nicaragua, Cuba, and Venezuela, the opposition figure said. Miami-based Felix Maradiaga, head of Nicaragua’s Freedom Foundation and a vocal critic of Nicaraguan President Daniel Ortega, told Reuters he received a “courtesy call” from Trump representatives seeking to “open communication channels with the incoming administration.” He added that he also recently met Trump campaign officials in Chicago. Trump’s transition team did not respond to a request for comment.…
Ads by Money. We may be compensated if you click this ad.Ad Gold is booming. As of November 2024, gold’s price is over $2,600 per ounce, up nearly 500% from 20 years ago. With such impressive growth, it’s no surprise that 85% of professional investors now own gold, up from just 69% in 2018, according to the World Gold Council. But what about retail investors? Investing in gold can be appealing, but it can also be overwhelming. Many new investors make some serious — and costly — mistakes as they begin to put their money into precious metals. To better…
Electric vehicle maker Rivian Automotive (NASDAQ:) saw its stock rise 3% despite reporting third quarter revenue that fell short of analyst expectations. The company’s earnings per share also missed estimates, but investors appeared to focus on progress in cost reduction efforts and production targets. Rivian reported third quarter revenue of $874 million, below the consensus estimate of $1.01 billion. The company’s adjusted loss per share came in at -$1.08, wider than the -$0.95 analysts had projected. However, Rivian delivered 10,018 vehicles during the quarter and produced 13,157 at its Illinois facility. Despite the revenue miss, Rivian reaffirmed it remains on…
By Chris Prentice, Pete Schroeder, Svea Herbst-Bayliss and Michelle Price WASHINGTON (Reuters) – Trump transition team officials are considering retail brokerage Robinhood (NASDAQ:)’s top lawyer, as well as bank regulators and corporate attorneys, for a short list of key financial agency heads they expect to present to the president-elect soon, according to multiple people with knowledge of the matter. Among those being considered for chair of the Securities and Exchange Commission is Dan Gallagher, a Republican SEC commissioner from 2011 to 2015 who is currently chief legal and compliance officer at Robinhood, the people said. Gallagher, who is a popular…
Block (NYSE:SQ) reported third-quarter earnings that met expectations, but revenue fell short of analyst estimates, sending shares down 10% in after-hours trading. The financial technology company, formerly known as Square, reported adjusted earnings per share of $0.88, in line with analyst projections. However, revenue for the quarter came in at $5.98 billion, missing the consensus estimate of $6.24 billion. Despite the revenue shortfall, Block saw strong growth in its key business segments. Gross profit grew 19% YoY to $2.25 billion, with Cash App generating $1.31 billion in gross profit, up 21% YoY, and Square contributing $932 million, a 16% YoY…
By Moira Warburton (Reuters) – For the second time in U.S. history, a major party nominated a woman for president and for the second time she lost. Democrat Kamala Harris’ election loss to Republican Donald Trump on Tuesday followed Hillary Clinton’s loss to him in 2016. Reasons for Harris’ loss were many – an Edison Research exit poll showed deep concerns about the state of the economy and people’s financial situation was a driving factor. But sexism persists. An October Reuters/Ipsos poll found a 55% majority of registered voters said sexism was a major problem in the U.S., while 15%…
Ferrari announced a significant sponsorship deal with IBM, establishing IBM as a ‘premium partner’ for Scuderia Ferrari on January 1, 2025. This partnership coincides with Lewis Hamilton’s eagerly awaited switch from Mercedes to Ferrari, marking the beginning of a new chapter for the team. The collaboration with IBM comes shortly after Ferrari’s title sponsorship agreement with Hewlett Packard (HP) earlier in the season, reflecting the team’s commitment to technological growth and enhancing fan engagement through digital transformation. The Ferrari-IBM partnership is set to redefine the fan experience both on and off the racetrack. By bringing IBM’s IT consulting and advanced…
Not for syndication. This article cannot be republished without the express permission of Business Expert Press (BEP). The following is adapted from the forthcoming Markets in Chaos: A History of Market Crises around the World by Brendan Hughes, CFA. I am concerned about the long-term health of the US dollar along with just about every other fiat currency in the world. Why? Because of the low interest rates, artificially inflated asset valuations, and soaring debt levels that followed the global financial crisis (GFC). How much has monetary policy changed since the GFC? In The Lords of Easy Money: How the Federal…