In a challenging market environment, Passage Bio Inc (PASG) stock has touched a 52-week low, trading at $0.54. The biotechnology firm, which specializes in genetic medicines for rare, monogenic central nervous system disorders, has seen its shares tumble over the past year, reflecting a broader downturn in the biotech sector. Investors have been cautious, contributing to the stock’s decline of 6.21% over the past year. This latest price level underscores the volatility and the high-risk nature of investing in biotech companies, especially those in the early stages of drug development. Passage Bio’s journey through the market’s ups and downs continues…
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By Lewis Krauskopf NEW YORK (Reuters) – Nvidia Corp’s results in the coming week could guide the U.S. stock market on its next path, as investors turn their focus to the technology sector and artificial intelligence trade after an election-fueled rally stalled. A nearly 800% run in shares of Nvidia over the past two years, driven by its gold standard AI business, has propelled the semiconductor company to the world’s top spot by market value. That heft gives Nvidia huge sway in market benchmarks, such as the S&P 500 and Nasdaq 100, while its results on Nov. 20 will also…
An abandoned 1989 Chevrolet Cavalier was recently discovered, and it carries a rather somber backstory. This particular Chevrolet Cavalier had only a brief stint on the road before being placed in storage, where it remained untouched for years. Tragically, the car’s owner passed away, leaving the vehicle behind, forgotten until its recent rediscovery. After its rescue, the 1989 Chevrolet Cavalier was listed for sale on eBay. However, the listing has since been removed, which is disappointing as the reserve price was set at just $200. The seller, who found the vehicle in a garage, described it as being “saved from…
Saudi Arabia’s Public Investment Fund (PIF), the oil-rich country’s sovereign wealth fund, has sold its entire stake in Live Nation, according to an SEC filing dated Thursday (Nov. 14). In April 2020, the $925-billion PIF acquired approximately 12.5 million shares that amounted to a 5.7% stake in Live Nation, making it the fourth-largest shareholder behind Liberty Media, The Vanguard Group and BlackRock. The investment, made through open-market stock purchases, attracted attention partly because the country’s government was still being criticized for the murder of journalist Jamal Khanshoggi at the Saudi consulate in Istanbul in 2019. April 2020 was a time…
The global cryptocurrency market has surpassed $3 trillion, fueled by renewed investor optimism following Donald Trump’s re-election as U.S. President. Alongside this, Bitcoin has reached an all-time high at $93,434. According to CoinMarketCap, the total market cap currently sits at $3 trillion, up 4% in the past day. CoinGecko reports an even higher figure of $3.15 trillion, tracking over 15,000 cryptocurrencies, compared to CoinMarketCap’s 10,000. Chart from CoinMarketCap The $3T Surge: What’s Driving the Crypto Boom? This milestone marks an all-time high, surpassing the 2021 bull run. The surge, dubbed the ‘Trump Bump,’ reflects expectations of a pro-crypto regulatory environment…
Barrett-Jackson is gearing up for an exciting start to 2025 with the annual Scottsdale Auction, set to take place January 18–26 at WestWorld of Scottsdale. This nine-day automotive lifestyle event has become a premier season opener for the collector car community, showcasing a lineup of the world’s most desirable collectible vehicles and authentic automobilia. The event begins with Family Day on Saturday, January 18, offering free admission for children 12 and under when accompanied by a ticketed adult. Throughout the week, attendees of all ages can enjoy engaging activities and interactive exhibits. “Even before the excitement settled from our successful…
Customers in 27 Counties Now Benefit from Newly Installed Underground Powerlines that Improve Reliability and Eliminate Nearly All Wildfire Risk in a Given Location OAKLAND, Calif., Nov. 15, 2024 /PRNewswire/ — Pacific Gas and Electric Company (PG&E (NYSE:)) announced today that it has constructed and energized more than 800 miles of underground powerlines since launching its wildfire safety undergrounding effort in 2021. This comes on the heels of PG&E completing more than 360 miles of undergrounding in 2023, representing the most undergrounding completed in a single year by the company. Customers in 27 counties are…
“Complexity is like energy. It cannot be created or destroyed, only moved somewhere else. When a product or service becomes simpler for users, engineers and designers have to work harder. [Donald A.] Norman writes, ‘With technology, simplifications at the level of usage invariably result in added complexity of the underlying mechanism.‘ For example, the files and folders conceptual model for computer interfaces doesn’t change how files are stored, but by putting in extra work to translate the process into something recognizable, designers make navigating them easier for users.” — Shane Parrish, Farnam Street Fitch Ratings’ downgrade of US sovereign credit…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Investing in altcoins like Rexas Finance, Polkadot, Chainlink, and VeChain could bring significant returns in the next crypto bull run. Strategic investments in emerging altcoins might yield exponential profits as the crypto industry watches its next bull run driven by growing institutional interest and a predicted Bitcoin rise to $200,000. Allocating merely $1,000 across well-selected tokens—such as Rexas Finance, Polkadot, Chainlink, and VeChain—may result in notable increases. These four initiatives are positioned to profit from the next market surge…
New Aston Martin CEO Andy Cowell has defended the team’s intricate engineering structure following the departure of technical director Dan Fallows from his role. Fallows, who joined the team in 2022 as technical director, will now transition to a different position within Aston Martin’s ‘matrix’-style technical leadership framework. The announcement came this week, signaling a reshuffling within the team’s organizational structure. Over recent years, Aston Martin has brought in several prominent technical experts from rival teams, including Adrian Newey from Red Bull, Enrico Cardile from Ferrari, and Eric Blandin from Mercedes. This influx of high-profile talent has raised questions about…