INOVIO to Report First Quarter 2024 Financial Results on May 13, 2024

The Daily Beast
Trump Media Reports $327M First Quarter Loss, Posts Revenue of Just $770K
STR/NurPhoto via Getty ImagesTrump Media & Technology Group, the company that owns Truth Social, on Monday posted an alarming loss and less than $1 million in revenue in its first quarter since going public. Trump Media, which began trading in March under the ticker symbol DJT, reported $770,500 in revenue—crediting its “nascent advertising initiative”—down from $1.1 million last year. However, it also reported a net loss of $327.6 million during the first three months of the year, compared with
Bloomberg
Red Lobster Chain Goes Bankrupt After Unlimited Shrimp Deal
(Bloomberg) -- Seafood restaurant chain Red Lobster filed for bankruptcy, succumbing to onerous leases, high labor costs and a disastrous unlimited shrimp promotion. Most Read from BloombergIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteHims Debuts $199 Weight-Loss Shots at 85% Discount to WegovySpeedier Wall Street Trades Are Putting Global Finance On EdgeJamie Dimon Says Succession at JPMorgan Is ‘Well on the Way’One of the Last Big Bears on Wall Street Turns Bullish on US Stocks
Bloomberg
China’s Capital Outflow Surges to Highest Since 2016 in April
(Bloomberg) -- China’s capital outflows worsened in April, underscoring headwinds for the yuan amid a weak domestic economy and uncertainties over the Federal Reserve’s rate trajectory.Most Read from BloombergIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteSpeedier Wall Street Trades Are Putting Global Finance On EdgeOne of the Last Big Bears on Wall Street Turns Bullish on US StocksSaudi Crown Prince Postpones Japan Trip Over King’s HealthHims Debuts $199 Weight-Loss Shots at 85% D
Bloomberg
Gold Trims Gains as Traders Book Profit After Fresh Record
(Bloomberg) -- Gold trimmed gains as traders booked profits after prices surged to a record on increasing optimism over the Federal Reserve’s monetary policy and rising geopolitical tensions in the Middle East.Most Read from BloombergIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteHims Debuts $199 Weight-Loss Shots at 85% Discount to WegovyJamie Dimon Says Succession at JPMorgan Is ‘Well on the Way’Speedier Wall Street Trades Are Putting Global Finance On EdgeOne of the Last Big Bea
The Independent
UK inflation - latest: Rates set to return close to 2% target in boost for Bank of England
Economists polled by Reuters think that inflation could drop to 2.1 per cent
GOBankingRates
TikTok’s Humphrey Yang Claims These 5 Investments Will Keep You Poor
Everyone should be investing a good portion of their income. It's one of the key ways to build wealth (if you need an example, just look at multibillionaire Warren Buffett, who built much of his net...
Yahoo Finance
Stock market today: Nasdaq clinches record close, JPMorgan drags down Dow
Investors are bracing for Fed minutes and Nvidia earnings in coming days that could test the recent rally in stocks.
Simply Wall St.
Shareholders Are Optimistic That Meta Platforms (NASDAQ:META) Will Multiply In Value
What are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...
Simply Wall St.
Insider-Owned Indian Growth Companies To Watch In May 2024
The Indian market has shown robust performance, with a 3.7% rise over the past week and an impressive 44% climb over the last year. With earnings expected to grow by 17% annually, companies with high insider ownership might offer valuable stability and growth potential in this flourishing environment.
Investing.com
Palo Alto Networks shares drop 8% premarket as billings outlook disappoints
Investing.com -- Shares in Palo Alto Networks (NASDAQ:PANW) tumbled more than 8% in premarket U.S. trading on Tuesday, after analysts flagged that the group's latest billings forecast disappointed elevated expectations.
TechCrunch
Vitesse, a payments and treasury management platform for insurers, raises $93M to fuel US expansion
U.K. fintech Vitesse has closed a $93 million Series C round of funding led by investment giant KKR. KKR said it's making the investment through its Next Generation Technology Growth Fund III, a $3 billion fund it closed last year. Founded out of London in 2013, Vitesse is the handiwork of Paul Townsend and Phil McGriskin, who had sold an e-commerce payments company called Envoy to WorldPay back in 2011.
Reuters
Morning Bid: Metals zoom as investors wait on rates
Copper and gold made record highs in Asia trade on Monday and silver surged over $30. Gold's 18% rally over the year to date has been attributed, variously, to Chinese buying, global political tension and expectations that U.S. rates will start to fall soon, seen as a boon for a metal that does not pay a yield at all.
Evening Standard
'New era of growth': AstraZeneca sets out bold plans for $80bn revenues by 2030
The growth will be fuelled by 20 new drugs that are set to launch this decade
Australian Associated Press
Consumer spending the wildcard in rate hike uncertainty
The spending appetite of consumers remains a key source of uncertainty for the Reserve Bank as the battle against inflation rages.
Evening Standard
Inflation may soon be too low. But the Bank of England is scared to cut interest rates
City Comment: The Bank should start chopping interest rates as soon as it can
Investing.com
RBA considered a rate hike during May meeting, minutes show
Investing.com-- The Reserve Bank of Australia considered increasing interest rates during its May meeting, the minutes of the bank’s meeting showed on Tuesday, as it grappled with a sticky outlook for inflation.
Reuters
Anglo shareholder LGIM supports break-up plan as BHP circles
Anglo American shareholder Legal & General Investment Management (LGIM) supports the break-up plan announced by the company last week, it said on Monday, as the deadline approaches for BHP Group to log a formal takeover offer. The radical plan to divest Anglo's less profitable coal, nickel, diamond and platinum businesses followed its rejection of two all-share takeover approaches from BHP, the world's biggest listed mining group, which had proposed a $43 billion deal on the condition that Anglo first spins off its South African operations. "The plan outlined by Anglo American is a radical but attractive strategy to create value for long-term investors," said Nick Stansbury, head of climate solutions at LGIM.
Yahoo Finance
Jamie Dimon says the end to his time as JPMorgan CEO is 'not 5 years anymore'
The CEO of JPMorgan Chase made it clear Monday he now envisions a day when he will no longer run the largest US bank in fewer than five years.
Investing.com
Bank of America explains why it’s not just about Nvidia anymore
It's not just about NVDA anymore, according to analysts at Bank of America on Monday, with the firm stating that fundamentals are broadening out.
Fortune
Wall Street’s biggest bear just turned bullish on stocks—but he warns ‘uncertainty’ still reigns
Morgan Stanley’s Mike Wilson previously called the $8 trillion market drop in 2022, due to a combination of “fire and ice.”

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INOVIO to Report First Quarter 2024 Financial Results on May 13, 2024

Latest stories

Trump Media Reports $327M First Quarter Loss, Posts Revenue of Just $770K

Red Lobster Chain Goes Bankrupt After Unlimited Shrimp Deal

China’s Capital Outflow Surges to Highest Since 2016 in April

Gold Trims Gains as Traders Book Profit After Fresh Record

UK inflation - latest: Rates set to return close to 2% target in boost for Bank of England

TikTok’s Humphrey Yang Claims These 5 Investments Will Keep You Poor

Stock market today: Nasdaq clinches record close, JPMorgan drags down Dow

Shareholders Are Optimistic That Meta Platforms (NASDAQ:META) Will Multiply In Value

Insider-Owned Indian Growth Companies To Watch In May 2024

Palo Alto Networks shares drop 8% premarket as billings outlook disappoints

Vitesse, a payments and treasury management platform for insurers, raises $93M to fuel US expansion

Morning Bid: Metals zoom as investors wait on rates

'New era of growth': AstraZeneca sets out bold plans for $80bn revenues by 2030

Consumer spending the wildcard in rate hike uncertainty

Inflation may soon be too low. But the Bank of England is scared to cut interest rates

RBA considered a rate hike during May meeting, minutes show

Anglo shareholder LGIM supports break-up plan as BHP circles

Jamie Dimon says the end to his time as JPMorgan CEO is 'not 5 years anymore'

Bank of America explains why it’s not just about Nvidia anymore

Wall Street’s biggest bear just turned bullish on stocks—but he warns ‘uncertainty’ still reigns