No Picture
Trading Ideas

Blowback against Trump campaign law firm targets clients, recruiting

A request by Republicans for the Supreme Court to hear the case is pending. Despite its statement, Jones Day has faced criticism, which some attorneys have spoken out against, arguing that a tenet of law firm business and the U.S. legal system is that even controversial clients deserve counsel. …read more […]

No Picture
Trading Ideas

Medicago to kick off large study of COVID-19 vaccine with GSK booster

The news comes days after early-stage data showed Medicago’s plant-based vaccine candidate produced virus-fighting antibodies in all volunteers. Medicago, backed by cigarette maker Philip Morris International, is Canada’s most advanced COVID-19 vaccine project, but lags larger, global rivals. Medicago has said a lower dose of the vaccine will be used for further trials, for which Dynavax Technologies’ adjuvant will not be used as before. …read more […]

No Picture
Trading Ideas

Can Marijuana Help Biden Heal a Divided Nation?

(Bloomberg Opinion) — After five states — Arizona, Mississippi, Montana, New Jersey and South Dakota — passed ballot measures for marijuana use last week, the drug will soon be legal in some form for 70% of the U.S. population. A third of the country won’t even need a medical excuse. But that’s not the surprise.What’s more notable is that unlike in the past, all of this happened without much of a public uproar. To be fair, there have been bigger concerns on Americans’ minds these days. But this is the moment that cannabis companies and their investors have been waiting …read more […]

No Picture
Trading Ideas

China's Pinduoduo beats quarterly revenue estimates, shares leap

Online retailers have largely benefited from the COVID-19 pandemic, as individuals staying home use e-commerce platforms like Alibaba, Pinduoduo and JD.com to purchase everything from groceries to electric appliances. Non-GAAP net profit, reported for the first time since the company’s listing in 2018, was 466.4 million yuan compared with a loss of 1.66 billion yuan a year before. “This is a milestone,” said Natalie Wu, internet analyst at Haitong International Securities. …read more […]