Immunome Inc. (NASDAQ:IMNM), a pharmaceutical company specializing in the development of immune-based treatments, has reported a significant transaction by its Chief Financial Officer, Max Rosett. According to the latest filings, Rosett has sold a portion of his holdings in the company. The sale, which took place on September 19, involved 14,380 shares of common stock at prices ranging from $15.97 to $16.10, with the weighted average sale price being $16.01. This transaction resulted in a total value of $230,223. The sale was part of a “sell to cover” transaction, often used by executives to cover the costs associated with exercising…
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As a longtime resident and the former CEO of the Santa Clarita Valley Boys and Girls Club, I am excited to endorse Tim Burkhart for Santa Clarita City Council. Tim is deeply committed to enhancing opportunities for our young people, ensuring they have the resources and support they need to thrive. Tim understands that investing in our youth is essential for the future of Santa Clarita. He has consistently championed programs that promote education, mentorship and recreational activities, recognizing that a strong foundation for our children leads to a vibrant community. His vision for quality of life encompasses not only…
It might be hard for investors to get excited about a company that has lost nearly $1.5 billion from its operations in the first half of this year. In fact, Chinese electric vehicle (EV) maker Nio (NYSE: NIO) has never made a profit.That helps explain why the stock has lost more than 80% of its value over the past three years. But there was also some meaningful and positive news in Nio’s second-quarter report. That business momentum has translated to the stock price, as Nio’s American depositary shares have surged more than 40% in the last month.The company’s market cap…
Image source: Getty Images One value stock that’s caught my eye recently is eBay (NASDAQ: EBAY). It’s having a fantastic run in 2024, but still looks dirt cheap. Could it be one of the best value stocks in the market today? Let’s take a look. eBay’s a company I know pretty well as I’ve been a user of the online shopping platform for over 20 years now. I’m a big fan – not only have I bought loads of gear on it over the last two decades but I’ve also sold a ton of stuff I don’t need. I just…
Investing.com — While much of the world is welcoming signs of cooling in inflation following an historic bout of sky-high price gains, China is facing mounting fears that it could be entering a period of entrenched deflation. In August, consumer price inflation in China hit its fastest pace in half a year, but the data did little to assuage concerns over the state of demand in the world’s second-largest economy. Much of this was due to the fact that food prices — the main driver of the 0.6% uptick in China’s consumer price index compared to a year earlier — were…
Image source: Getty Images The FTSE 100‘s a bit wobbly as people fear the upcoming budget. But it’s still holding up over 8,000 points, and I think the future for dividends might never have looked better. But wait, aren’t FTSE 100 dividend forecasts being scaled back in the face of our slow economy? Well, yes. The all-time record dividend payout of £85.2bn came in 2018. And as we’ve recovered from the Covid crash, it’s looked set to be beaten a couple of times. But each year falls short. And with only a 1% growth in dividend cash forecast for 2024,…
JAKARTA (Reuters) -New Zealand pilot Phillip Mehrtens has been freed more than 19 months after being kidnapped by armed separatists in Indonesia’s Papua, authorities said on Saturday. Mehrtens was freed and picked up by a joint team in the Nduga area, undergoing health check-ups and a psychological examination in Timika regency, the Indonesian police said in a statement. A spokesman for the Indonesian police, Bayu Suseno, said Mehrtens will be flown to Jakarta in an air force plane and is estimated to arrive at the Halim Perdanakusuma airbase in east Jakarta at around 8 p.m. (1300 GMT). Indonesia’s Metro TV…
Metasphere Labs (CSE:LABZ) completes the development of Pure Sky Registry’s blockchain-based carbon credit registry. Source link
When you think about artificial intelligence (AI), things such as self-driving cars and humanoid robots might come to mind. Counterintuitively, it’s often a good idea to think about how products are actually brought to life whenever a new big trend emerges. Some of the most lucrative opportunities are also often the least obvious ones.For AI to even work properly, companies have to invest large sums of capital expenditures (capex) into data centers. Although data centers might seem like just a piece of real estate, they are far more sophisticated and important. They house critical IT infrastructure, such as chipsets known as…
On 1st July 2024, SEBI released a consultation paper for “Introduction of Mutual Funds Lite Regulations (MF LITE) for passively managed Mutual Funds Schemes.” aimed to “reduce the compliance requirement, foster innovation, encourage competition and promote ease of entry for the MFs interested in launching only passive schemes”.In this paper, SEBI has proposed the introduction of “Hybrid passive funds, which shallreplicate a composite index comprising fixed proportions of equity and debt and enable investors to invest in a single product having exposure to both equity and debt instruments”.Three sets of hybrid passive schemes are allowed:1 Debt-oriented => Equity: Debt –…