Shares of Iovance Biotherapeutics surged following the announcement of accelerated approval from the U.S. Food and Drug Administration for its groundbreaking metastatic melanoma treatment. Significant Stock Surge With a remarkable 41% increase on Tuesday, Iovance's stock reached $12.86, marking its most substantial growth since June 3, 2016, when it saw a surge of 43%, as … [Read more...] about Iovance Biotherapeutics FDA Approval
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Country Garden Holdings to Report Earnings Amidst Turbulence
Country Garden Holdings, one of China's largest property developers, is set to release its earnings report for the first half of the year. This comes after the company missed interest payments on its bonds earlier this month, raising concerns about the state of China's property market. The sector has been greatly impacted by falling prices and plummeting sales, causing ripple … [Read more...] about Country Garden Holdings to Report Earnings Amidst Turbulence
U.S. Stocks Reach New Highs, Nasdaq Leads the Way
U.S. stocks achieved new highs for the year on Monday, signaling a busy week for corporate earnings. The Nasdaq showed strong performance, leading the way up. Positive Momentum for Dow Jones Industrial Average The Dow Jones Industrial Average (DJIA) experienced a rise of approximately 76 points, or 0.2%, ending at around 34,585, based on preliminary FactSet data. This marked … [Read more...] about U.S. Stocks Reach New Highs, Nasdaq Leads the Way