COMPASS Pathways plc (NASDAQ:CMPS), a pharmaceutical company specializing in the development of psychedelic-based therapies, has seen a significant transaction from one of its directors. George Jay Goldsmith, who also holds a more than ten percent ownership stake in the company, has sold a substantial number of ordinary shares. According to recent filings, Goldsmith executed multiple...
(Reuters) - The U.S. plans to award more than $6 billion to Samsung Electronics (KS:005930) Co, helping the chipmaker expand beyond a project in Texas it has already announced, Bloomberg News reported on Thursday, citing people familiar with the matter. Samsung declined to comment. The South Korean company, like other chipmakers, has been awaiting the...
Cerus (NASDAQ:CERS) Corp\'s Chief Medical Officer, Richard J. Benjamin, has recently sold a significant portion of his company shares, according to the latest filings with the Securities and Exchange Commission. The transactions, which occurred over two days, involved the sale of common stock totaling over $70,000. On March 13th, Benjamin sold 17,377 shares of NASDAQ:CERS...
TAIPEI (Reuters) - Shares of Apple (NASDAQ:AAPL) supplier Foxconn rose more than 5% early on Friday after reporting a day earlier a fourth-quarter profit that beat expectations and forecasting a bullish outlook for this year due to booming demand for AI servers. Foxconn on Thursday reported a forecast-beating 33% jump in net profit for the...
Source: AdobeStock / Proxima Studio Singapore’s regulatory body the Monetary Authority of Singapore (MAS) plans to begin piloting the digital currency “E-CNY” – also known as the digital yuan, in collaboration with China to encourage tourism spending. The two countries first signed a Memorandum of Understanding to work together back in 2020. No timeline was...
Cerus (NASDAQ:CERS) Corp\'s Chief Scientific Officer, Laurence M. Corash, has recently engaged in significant trading activity, according to the latest filings with the Securities and Exchange Commission. Investors tracking insider transactions may note that Corash sold a total of $57,288 worth of common stock over two days. The transactions occurred on March 13 and March...
Source: Nasdaq / Instagram Switzerland-based exchange traded product (ETP) provider 21Shares has confirmed its chief operating officer Lucy Reynolds, has left the firm. Before joining 21Shares Reynolds was head of product management at WisdomTree and joined 21Shares in 2020 – Reynolds was unavailable for comment on her departure from the firm. Hany Rashwan the CEO...
British pound GBP symbol made of numbersThe UK Treasury Committee advised proceeding slowly on a digital pound in a Dec. 2 report due to financial stability risks like sparking bank runs. Image by Alexey Novikov, Adobe Stock. The UK Treasury Committee released a report on December 2, advising the Bank of England to proceed cautiously...
-- Advanced Micro Devices Inc\'s (NASDAQ:AMD) attempt to greenlight an artificial intelligence chip geared specifically towards Chinese markets was rejected by U.S. officials, Bloomberg reported on Tuesday. U.S. officials told AMD that a less powerful chip it had designed specifically with U.S. export restrictions in mind was still too powerful to sell in China, and...
By David Shepardson and Aatreyee Dasgupta WASHINGTON (Reuters) -JetBlue Airways and Spirit Airlines (NYSE:SAVE) scrapped their $3.8-billion merger agreement on Monday, with the low-cost carriers saying there was no path forward after a U.S. judge blocked the deal in January on anti-competition concerns. A successful deal would have created the fifth-largest carrier in the United...