Vertex Pharmaceuticals (VRTX +2.10%) has dominated the market for cystic fibrosis (CF) medicines since it earned approval for its first drug in this niche in 2012. To this day, most of the company’s revenue comes from its CF franchise. In the second quarter, Vertex posted $3.33 billion in revenue, representing a 12% year-over-year increase. CF-related…
Oil +3 to 454 Nat gas -3 to 124 The US hasn’t been able to bring on much oil production since Trump came to office. The mantra of producer discipline is finally taking hold. I’d also be vary wary of adding given how quickly oil has dropped every time there has been a sign of…
X Money is finally live and in the wild as the social media based Fintech is now offering services to US premium customers with expanded rollout anticipated to take place over time. Current offerings include “industry leading” APY of 6% on deposits, 3% cash back on purchases and up to $10 million in FDIC insurance…
Goldman Sachs ranked first among financial advisers for mergers and acquisitions in South and Central America in the first six months of 2026, topping the table on both deal value and number of transactions, according to GlobalData. Data from GlobalData’s Financial Deals Database shows the bank worked on three transactions with a combined value of…
One of the earliest surviving midcentury modern homes designed by acclaimed duo Dan Palmer and William Krisel has hit the market in Los Angeles—offering a rare glimpse into the origins of the beloved architectural style. While Palmer & Krisel, as the architects were known professionally, would later earn national renown for their midcentury modern designs…
Key insight: Senate Majority Leader John Thune, R-S.D., said the upper chamber will put off voting on the CLARITY Act until after senators return to Washington in mid-September, dashing the hopes of many in the crypto industry that passage could be secured before the August recess. Expert quote: “The [Democrats] are insistent on no Clarity…
Monthly job creation turned negative in July for the second time in 2026, marking the second consecutive month that U.S. hiring has widely missed forecasts. Initial estimates from the U.S. Bureau of Labor Statistics show nonfarm payrolls declined by 23,000 last month. Economist surveys from The Wall Street Journal and Reuters had each forecast around…
OpenAI Flags Possible Critical Cybersecurity Risk in Astra AI Model Rollout OpenAI’s Astra AI Model and Cybersecurity Concerns Aug 7 (Reuters) – OpenAI said on Friday it cannot rule out that its upcoming AI model, Astra, has “critical” cybersecurity capabilities, prompting the startup to pause some internal development and trigger safety protocols. Understanding the “Critical”…
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In a move to offer regulatory relief to commercial banks, the Reserve Bank of India (RBI) on Friday allowed lenders to exclude advances backed by fresh non-resident deposits from the calculation of adjusted net bank credit (ANBC) — the benchmark used to determine priority sector lending (PSL) targets. The RBI said advances…