Twitter Shares went down by 16% on Thursday after the announcement from the company that the expenses would accelerate in the fourth quarter, and the company added fewer users then expectation from Wall Street. The social media company said that the expenses can reach 20% in the fourth quarter.Also, the...
In the trading session on Monday, Palantir Technologies Inc. (PLTR) jumped 21.34 percent to $28.94. The big data analytics expert, according to Bloomberg, has secured a three-year deal with the FDA, the U.S. Administration of Food and Medications. The $44.4 million contract will strengthen drug record review and control.
The Shopify e-commerce company announced on Tuesday that they are doing a partnership with TikTok to help it's one million-plus merchant to advertise their products on TikTok in a bid to grow its customer base. This partnership can be seen as a proposal for Walmart to buy TikTok...
Arch Resources, Inc. (ARCH) early last week shunned the idea of making a joint venture with Peabody around thermal assets. The decision came after a ruling by the U.S. District Court ordering blockage of the transaction.  Moving forward in an aggressive way through its strategic pivot to excel in...
Sony Corp is expecting a very considerable pre-orders for its new Playstation 5. The company is looking to conquer the top position in the gaming industry by launching the new gaming console on November 12. CEO of Sony Interactive Entertainment revealed that Sony already broke their previous record...
Leaf Group Ltd (LEAF) announced the appointment of Jody Rones to the role of Senior Vice President, Brand Partnerships. He will be leading the global sales team and will focus on developing innovative campaigns that drive results for advertising partners. Jody Rones will report directly to Leaf...
Amryt (Nasdaq: AMYT) announces the US Food and Drug Administration (FDA) has authorized AP103 as an orphan drug to treat Dystrophic EpidermolysisBullosa (DEB).  The AP103 drug was developed by Amryt, a gene-therapy company, to treat patients with DEB, a subset of EB.  The FDA's Office of Orphan...
The Intel subsidiary Mobileye signed a supplier deal with Luminar on Friday to get LiDAR for its fleet of autonomous vehicles. Luminar and Mobileye already have a development agreement for nearly two years now and the new contract is a very importantdevelopment for both companies.
Regulus Therapeutics Inc. (RGLS) recently announced restructuring of a term loan by Oxford LLC. With a condition to pay $10 million against loan principal before April 30, 2021, company will have to pay only the interest for up to seven months. The Principal Paydown Event is subject to be adjusted through proceeds from...
The leading infrastructure construction company, Infrastructure and Energy Alternatives, Inc. (IEA) that specializes in specialty civil expertise and renewable energy recently announced award of an Energy Performance Contracting (EPC) wind contract worth more than $100 million. The contract was awarded in the state of Indiana to its subsidiary company White Construction which is operating...