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Infineon to replace Nokia in Euro Stoxx 50

Infineon to replace Nokia in Euro Stoxx 50

Infineon to replace Nokia in Euro Stoxx 50 Microchip manufacturer Infineon Technologies IFX, -0.14% Telecom equipment manufacturer is going to replace Nokia Nokia, + 0.68% NOK, + 3.06% Euro stokes in 50 SX5E, -0.29%, Stokes said late Monday night. The move is effective from 22 March. Stokes did not provide an explanation, but microchip manufacturers have been troubled by strong demand and supply…

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Athenex stock plunges to pace all decliners after disappointing FDA response to breast cancer treatment NDA

Athenex stock plunges to pace all decliners after disappointing FDA response to breast cancer treatment NDA

Athenex stock plunges to pace all decliners after disappointing FDA response to breast cancer treatment NDA Shares of athenex inc ATNX, -54.88% The Food and Drug Administration said the biopharmaceutical company’s New Drug Application (NDA) for its metastatic breast cancer treatment fell 54.6% in very active afternoon trading on Thursday, the biggest drop listed on major US exchanges. Not ready…

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Gold futures turn lower to mark 5th straight session loss

Gold futures turn lower to mark 5th straight session loss

Gold futures turn lower to mark 5th straight session loss Gold futures Reduced by the end of Monday’s session For the loss of the fifth consecutive season. Adrian Ash, director of research at BullionVault, said, “Prices of precious metals had gone up in the initial deal, but the stagnation in the US Treasury bond market has” not changed the narrative yet. ” The recovery of COVID is already here,…

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Palantir stock bounces after last week's record selloff

Palantir stock bounces after last week’s record selloff

Palantir stock bounces after last week’s record selloff Palantir Technologies Inc. Shares of PLTR, + 4.52% After last week’s record drubbing, Monday’s business jumped 4.5%, giving them the first advantage in six seasons. The stock had dropped 17.6% last weekThe worst weekly performance since a data integration and software company in September 2020. If the stock goes higher, it will be just the…

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Elon Musk's SpaceX plans natural-gas drilling in Texas: report

Elon Musk’s SpaceX plans natural-gas drilling in Texas: report

Elon Musk’s SpaceX plans natural-gas drilling in Texas: report Elon Musk’s Space Exploration Technologies Corp., or SpaceX, plans to drill for natural gas in Texas, Bloomberg reported Friday, citing a hearing before the state’s energy regulator. The drilling will be conducted close to the launchpad of the privately held aerospace company and through Lone Star Mineral Development, a subsidiary of…

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Logitech International shares jump after lifting outlook

Logitech International shares jump after lifting outlook

Logitech International shares jump after lifting outlook Shares of Logitech International Peoples, + 2.52% Log -2.79% The initial Swiss trade jumped 8% as the computer peripheral manufacturer advanced its 2021 outlook. It now sees 57% to 60% sales growth on non-GAAP operating income at $ 1.05 billion in constant currencies, while its previous sales are 35% to 40% sales growth and $ 700 million…

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