Citigroup thinks investors should consider Ligand Pharmaceuticals for a more conservative bet on the biotech industry. The bank initiated the biotech stock at a buy rating and price target of $270, implying upside of 46% from Ligand’s Monday closing price of $184.67. Shares have soared nearly 79% this year. LGND YTD mountain LGND YTD chart…
Whatever happens in a fourth-round match between defending champion Madison Keys and fellow American Jessica Pegula at the Australian Open, Keys has already nailed the promo for it. “This is going to be the first match in Grand Slam history between two podcast co-hosts,” Keys said Saturday. “It’s a very niche headline.” The close friends…
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Suddenly, the Yankees are right back in the race with a real chance to win the American League East. After taking two out of three against the Blue Jays this past weekend, the Yankees are just two games behind Toronto for the division lead. Their 11-3 run since getting humiliated by the Red Sox two…
David Corenswet stars are Superman in Warner Bros.’ “Superman.” Warner Bros. Discovery It’s not a bird or a plane that soared into cinemas Thursday night — it was Warner Bros.’ “Superman.” The first film in the new era of DC films under James Gunn and Peter Safran snared $22.5 million from preview showings. It’s the…
Parked along industrial streets, tucked behind warehouses and clustered in residential neighborhoods, thousands of Bay Area residents are living in one of the only forms of housing they can afford: RVs. Across California, the number of people living in vehicles has surged in recent years, as soaring rents and a chronic housing shortage have pushed…
Urban Meyer joins Colin Cowherd to discuss whether LSU, Penn State, or Florida is the best head coach job, whether or not Lincoln Riley is on the hot-seat for USC, and whether or not Oregon is underrated. <
The odds of a recession may be falling, but states appear to be betting that corporate leaders are still nervous. An analysis of all 50 states’ economic development marketing efforts — part of CNBC’s annual America’s Top States for Business study — finds that a strong economy is the most frequently mentioned selling point to…
In a Monday interview with CNBC’s Jim Cramer, CoreWeave CEO Michael Intrator described what makes his company different from peer Oracle. “Oracle has its own set of products that they’re offering, and they are a formidable competitor,” Intrator said, explaining that CoreWeave competes with Oracle in the artificial intelligence infrastructure space. “From our position, we…
Jakub Porzycki | Nurphoto | Getty Images OpenAI has hired Mike Liberatore, former finance chief at Elon Musk’s xAI, to be the artificial intelligence startup’s business finance officer, responsible for overseeing its massive infrastructure spending. Liberatore, who left xAI in July after just three months on the job, begins Tuesday, a company spokesperson told CNBC….
