Charles River Laboratories (NYSE:CRL) on Wednesday announced significant plans to divest parts of its business. Charles River agreed to divest its CDMO and Cell Solutions businesses, along with certain European Discovery Services assets. Planned Divestiture Of CDMO and Cell Solutions Businesses Charles River to sell its contract development and manufacturing organization (CDMO) and Cell Solutions […]

A new note published Sunday by Citrini Research poses a provocative question: What if the AI boom that has powered Wall Street’s rally is simultaneously hollowing out the consumer economy that underpins it? The piece — framed explicitly as a “thought exercise” and scenario, not a prediction — imagines a hypothetical “Global Intelligence Crisis” written […]

Eli Lilly and Co. (NYSE:LLY) on Thursday released promising long-term data regarding its treatment for Crohn’s disease. This news comes as the company reported that more than 90% of patients maintained steroid-free remission for three years with Omvoh (mirikizumab-mrkz). The latest data from Eli Lilly’s Phase 3 VIVID-2 study revealed clinical remission of 92.4%, and […]

As China’s Lunar New Year holiday gets underway, gold and silver prices have fallen sharply amid weaker Asian demand. Gold futures slipped below the $5,000 level on Tuesday as support for the metal eased, while silver dropped to $74.24 an ounce. Ole Hansen from Saxo Bank said that the decline underscores the critical role of […]

Cathie Wood-led Ark Invest bought shares of Robinhood Markets Inc. (NASDAQ:HOOD) on Thursday, as the stock extended its slide following mixed fourth-quarter results. The firm also added to positions in Bitmine Immersion Technologies Inc. (NASDAQ:BMNR) amid crypto volatility and sold shares of Airbnb Inc. (NASDAQ:ABNB) after the company’s earnings report showed an EPS miss despite revenue beat. The Robinhood Trade ARK Blockchain & […]

U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 200 points on Wednesday. Following the market opening Wednesday, the Dow traded up 0.51% to 50,444.80 while the NASDAQ rose 0.50% to 23,217.32. The S&P 500 also rose, gaining, 0.50% to 6,976.25. Check This Out: How To Earn $500 A Month […]

Wall Street isn’t debating Infleqtion‘s $29 million revenue today — it’s betting on whether management can turn a $300 million pipeline into a roughly ten-fold step change in the business. In an exclusive interview with Benzinga, CEO Matt Kinsella framed the next two years as a pivot from pilots to scale, cashing in on momentum […]

WeRide Inc. and Uber Technologies, Inc. (NYSE:UBER) announced a major expansion of their strategic partnership to deploy at least 1,200 Robotaxis across the Middle East, marking one of the largest commercial autonomous mobility rollouts in the region. The deployment will span Abu Dhabi, Dubai, and Riyadh, with completion targeted as soon as 2027. Scaled Rollout […]