Republican Presidential Candidate Vivek Ramaswamy Founded Roivant In Discussions With Roche For $7B Stomach Disease(s) Drug Deal
Roivant Sciences Ltd (NASDAQ: ROIV), a biotech company founded by Vivek Ramaswamy, a Republican presidential candidate, is reportedly in discussions with Roche Holdings AG (OTC: RHHBY) regarding the potential sale of an experimental drug for a debilitating stomach disease. The drug at the center of the talks is RVT-3101 for ulcerative colitis and Crohn’s disease. The deal, which may […]
Zuckerberg Trains With UFC Champion, Muscling Up For Musk: ‘No Fugazi With Mark The Shark’
It seems like Meta Platforms Inc (NASDAQ:META) CEO Mark Zuckerberg is taking the potential cage fight with Tesla Inc (NASDAQ:TSLA) CEO Elon Musk pretty seriously. What Happened: Zuckerberg has been training with Israel Adesanya, the current Middleweight UFC champion. After the workout, Adesanya posted a series of photos with the Meta CEO on the Threads […]
Elon Musk’s Tweet Amplifies False Identity Accusation, Sends College Grad And Mother Into Hiding
A conspiracy spread on social media and exacerbated by Twitter owner Elon Musk forced a recent college graduate and his mother into hiding. What Happened: Ben Brody, 22, found himself at the center of a storm after he was wrongly identified as a neo-Nazi involved in a far-right brawl during an Oregon City pride festival, […]
Teva’s Strategic Evaluation: Israeli Pharma Company Mulls Divesting $2B Active Ingredients Unit
Teva Pharmaceutical Industries Ltd (NYSE: TEVA) is reportedly considering potential strategic options for its active pharmaceutical ingredients (API) unit, which could include a potential sale. This news comes from individuals privy to the matter, who indicated that the current healthcare asset acquisitions continue despite the broader global slowdown in dealmaking. Working with consultants, Teva is attempting […]
Haleon Contemplates Sale of Non-Core Businesses, Including Nicotinell Brand: A Strategy Shift Towards Core Products
Haleon Plc (NYSE: HLN), a consumer health company, is reportedly considering divesting some smoking cessation products as part of a strategy to sell non-core businesses. The company is working with an adviser to find potential buyers for the Nicotinell brand, which includes nicotine gum, patches, and lozenges. The Nicotinell brand’s sale, which draws interest from investment […]
Psyched: A $100M Donation Pledge, Frank Biden Gets Candid, New Search Trends & More
World’s Largest Psychedelics Conference Boasts 12K Attendees The Multidisciplinary Association for Psychedelic Studies (MAPS) sponsored a Psychedelic Science conference in Denver last week, which gathered over 12,000 people from the entire psychedelics spectrum. The list of attendees included the most knowledgeable individuals in the field, as well as grassroots organizations, practitioners, scientists, politicians, veterans, celebrities, […]
Why Fidelity National Information Shares Are Gaining Today
Private equity groups are considering purchasing a majority stake in Worldpay from Fidelity National Information Services Inc (NYSE: FIS) at a valuation exceeding $15 billion. Advent, a U.S. buyout firm that once owned Worldpay, is reportedly studying a bid. Another potential bidder could be Chicago-based private equity group GTCR. If FIS accepts an offer, it would deviate from its plan announced […]
Crypto Giant FTX Rises From Ashes, Eyes Reclaiming Lost Billions With Jaw-Dropping Revival
Crypto exchange FTX (CRYPTO: FTT) is actively seeking to reestablish its principal international exchange platform. This initiative comes in the wake of the company’s turmoil due to allegations regarding the loss of nearly $9 billion of client funds before it crumbled last year. John J. Ray III, who was appointed CEO in November when FTX entered bankruptcy, told […]
NVIDIA, Chipmakers Brace For Impact As US Mulls New Chip Export Restrictions To China: Could This End AI Stock Rally?
The U.S. government is contemplating new restrictions on the export of AI chips to China in an effort to limit China’s technological advancements and contain its rising influence. The ban, which may go into effect as soon as next month, would prevent Nvidia Corp. (NASDAQ:NVDA) and other chipmakers from shipping their products to clients in […]
How To Earn $500 From Starbucks Stock Amid Rumored Strike
With pride flags set to remain furled in Starbucks Corp (NASDAQ:SBUX) stores across the U.S., baristas are brewing more than just coffee. What Happened: News of an imminent strike is percolating throughout the Seattle-based company, due to a fallout over Pride month decorations. Read more on the strike here. While Pride month is typically a […]
