Technology Roundup – Semiconductor stocks rally as Biden plans supply chain executive order, PayPal targets at least $50B revenue in 2025 Technology
Technology Roundup – MicroVision shares skyrocket after long range lidar update; Facebook building audio-chat product to rival Clubhouse Technology
Healthcare Roundup – Generex announces receipt of $2M for its COVID-19 vaccine development; I-Mab’s cancer therapy greenlighted in China for phase 1 trial Life Science
Technology Roundup – Weak sales continue for Apple’s iPhone 12 mini; GameStop fighting $60 level as Reddit valuation rises to $6B Technology
Healthcare Roundup – Bristol Myers announce new late-stage data for Opdivo/ Cabometyx combo in kidney cancer; Merck antiviral molnupiravir effective in preventing COVID-19 in lung tissue Life Science
Technology Roundup – Apple should buy Bitcoin and launch crypto-exchange, says new RBC bull, Vuzix smart glasses used in KDDI’s nursing care system Technology
Healthcare Roundup – Bristol Myers Squibb’s Inrebic nabs European Commission approval; Pfizer/BioNTech double the vaccine supply to EU Life Science
Technology Roundup – Magnite acquires SpotX for $1.17B in cash and stock, guides Q4 revenue above consensus;Palantir (PLTR) and BP deepen partnership, accelerate energy transition Technology
Healthcare Roundup – Clover shares close up nearly 6% after Chamath Palihapitiya rebukes Hindenburg report; Bristol Myers Squibb wins FDA approval for lymphoma treatment Breyanzi Life Science
Technology Roundup – Apple analysts praise ‘most significant investment’ as Hyundai-Kia Car reports grow; Twitter reaches deal to move analytics, other functions to Google Cloud Technology
Healthcare Roundup – Omega Health buys 24 facilities for $510M; Align Tech up 13% as analysts view Q4 2020 results favorably Life Science
Technology Roundup – Intel’s stock of PC processors led to Q4 market share gains over AMD; Box acquiring DocuSign competitor SignRequest for $55 million Technology
Healthcare Roundup – Jazz to acquire GW Pharma in cash-and-stock deal valued at $7.2B; Anavex gains after favorable data from Cassava Sciences in Alzheimer’s Life Science
Healthcare Roundup – Pfizer runs early on schedule to supply 200M COVID vaccine doses to U.S. by May; Cassava surges after favorable trial data for simufilam in Alzheimer’s disease Life Science
Technology Roundup – Uber acquiring alcohol delivery service Drizly for $1.1B; Alphabet logs 6% jump as ad-sales rebound spurs 23.5% revenue gains in Q4 Technology