• Dec 18, 2024

Why Cryptocurrencies XRP, Dogecoin, and Shiba Inu Are Falling Today

Cryptocurrencies pulled back after a big run yesterday and as the Federal Reserve sets to conclude its final meeting of the year, likely with a rate cut of 25 basis points. The meme tokens Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) traded 4.3% and 4.6% lower, respectively. Cryptocurrencies, and more specifically Bitcoin, have rallied this week after President-elect Donald Trump said he would like to create a strategic Bitcoin reserve like the country's strategic oil reserve.

  • Dec 18, 2024

What's Going On With Viking Therapeutics Stock On Wednesday?

On Wednesday, Merck & Co Inc (NYSE:MRK) and Hansoh Pharma, a Chinese biopharmaceutical company, entered into an exclusive global license agreement for HS-10535, an investigational preclinical oral small molecule GLP-1 receptor agonist. Under the agreement, Hansoh Pharma has granted Merck an exclusive global license to develop, manufacture, and commercialize HS-10535. Hansoh Pharma will receive an upfront payment of $112 million and is eligible to receive up to $1.9 billion in milestone payments

  • Dec 18, 2024

A 1130% Share Price Rally Draws Questions From Brazil’s Stock Exchange Operator

(Bloomberg) -- A whopping 1130% rally in the shares of a Brazilian waste management company is drawing the attention of the country’s stock exchange operator. Most Read from BloombergNYPD Car Chases Are Becoming More Frequent — and More DangerousB3 SA, the company behind Brazil’s stock exchange, requested clarification on “atypical fluctuations” in the shares of Ambipar Participacoes e Empreendimentos SA that took place between Dec. 11 and 13, according to a note. On those days, the stock surged