A strong drug pipeline could boost shares of Ionis Pharmaceuticals in the future, JPMorgan says. Analyst Jessica Fye upgraded the biotech company, which develops human therapeutic drugs using antisense technology, to an overweight rating from neutral, and boosted her 12-month price her 12-month price target on the stock to $80 from $49. Shares of Ionis…
AST SpaceMobile on Wednesday announced a deal with Verizon to provide cellular service from space beginning next year. This deal aims to bring direct-to-service connection via space to cell phone users “when needed” on Verizon plans, according to AST. It marks an expansion of a partnership between the two companies announced last year. AST shares…
The shirt read “Dump 61 Here.” And Cal Raleigh obliged. The Seattle Mariners slugger who goes by the nickname “Big Dumper” hit a 391-foot, two-run homer in the ninth inning of the team’s 8-4 win over the Detroit Tigers to take Game 3 of the ALDS. It was Raleigh’s first homer of the postseason after…
Prospective buyers take a tour during an open house at a home in Los Angeles, California, US, on Sunday, July 13, 2025. Eric Thayer | Bloomberg | Getty Images Mortgage demand overall weakened again last week, even as interest rates fell slightly. For those still in the market, though, they are looking increasingly to adjustable-rate…
The sunset is reflected in the windows of the US Capitol as a man runs on the National Mall in Washington, DC, on October 1, 2025, the first day of the US federal government shutdown. Andrew Caballero-reynolds | Afp | Getty Images A version of this article first appeared in the CNBC Property Play newsletter…
This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. You can subscribe here. The big story Foreign investors have struggled to decipher if China can deliver the kind of returns that once seemed assured, especially in the fickle world of consumer…
Amazon is launching prescription drug kiosks at some One Medical offices in Los Angeles, the company announced Wednesday, in a move that could disrupt brick-and-mortar pharmacy businesses. The kiosks are operated by Amazon Pharmacy and work similar to a vending machine, disbursing prescriptions for patients “within minutes” of their doctor visit, the company said. Each…
Aaron Judge and Jazz Chisholm join Ken Rosenthal to discuss their clutch home runs and how they helped keep the New York Yankees alive in the postseason. <
Stocks that could win big this earnings season include Roblox and Capital One Financial , according to Morgan Stanley. The third-quarter earnings season ramps up next week, with the nation’s largest banks on the docket to report results. Analysts forecast another stellar quarter of results, with the estimated year-over-year earnings growth rate for the S…
The BMW brand logo can be seen on the BMW four-cylinder (also known as the BMW tower and BMW high-rise), the main administration building and landmark of the vehicle manufacturer BMW. Picture Alliance | Picture Alliance | Getty Images Shares of Europe’s biggest carmakers traded lower on Wednesday, amid concern that the European Union’s latest…
