EU CHOOSES SIGA’S TECOVIRIMA TO FIGHT MONKEYPOX SIGA Technologies Inc. (NASDAQ: SIGA) jumped 41.91% after the biotech announced on May 19, 2022, the approval its IV formulation of the TPOXX therapy for smallpox treatment. Another potential driver for the stock surge is the Monkeypox virus outbreak which is endemic to Africa and rare in other....

by Market Updates and Alerts SIGA RECEIVES FDA APPROVAL FOR IV TPOXX IN THE US Siga Technologies Inc. (NASDAQ: SIGA) was up 43.35% after announcing the FDA had approved its intravenous (IV) TPOXX formula for smallpox treatment. The formulation is a vital alternative for those that cannot ingest then oral TPOXX capsules. Oral TPOXX is....

Major US futures started the day up more than 1%, while the European Stoxx 600 was up 1.5%; oil on the rise with prospects for increased demand US AND EUROPEAN MARKETS UP ON BACK OF ‘ECONOMY-BOOSTING’ INTEREST RATES IN CHINA Investors return to equities and lift both European markets and US index futures contracts.....

CREDIT ACCEPTANCE RELEASES Q1 2022 RESULTS  Credit Acceptance Corporation (NASDAQ: CACC) jumped 20.16% after reporting a consolidated net income of $214.3 million or $14.94 per diluted share for Q1 2022. A year ago, the company’s consolidated net income was $202.1 million or $11.82 per diluted share. Adjusted net income during the quarter was $197.3 million....

US INDEX FUTURES ARE IN THE RED, ALBEIT WITH LESS PRONOUNCED CHANGES THAN YESTERDAY; EUROPEAN STOXX 600 DROP IS AROUND 1.50% The markets, which yesterday had what was a reality shock for many, followed their course of losses in the early morning trades, although much more moderate, in the case of the United States.....

BIOCERES CROP SOLUTIONS RECEIVES APPROVAL FOR HB4 SOY  IN CHINA Bioceres Crop Solutions Corp NASDAQ: BIOX) jumped 21.97%after announcing that the Chinese ministry of agriculture has communicated the decision to authorize the import and utilization of as soybean raw material produced through Bioceres’ novel drought tolerance tech, HB4. The company’s partner Beijing Da Bei Nong....

ON THE BACK OF BALANCE SHEETS, INFLATION DATA, GDP, AND CHINA’S SIGNS OF SUSTAINING ITS ECONOMY GUIDE MARKETS; US INDEX FUTURES TUMBLE US index futures were in the red Friday morning, with European equities on the opposite path. In addition to the macroeconomic data season and balance sheets, China’s pledge to increase economic stimulus....

BALANCE SHEETS AND DATA MEASURING CONSUMER SPENDING GUIDE THE MARKETS, WITH AN EYE ON THE GEOPOLITICAL CONFLICT; EUROPEAN STOCKS AND US INDEX FUTURES RISE Markets on Wednesday continued to be guided by the crop of balance sheets, today with companies of the stature of Meta, and indicators that give clues about the resistance of....

MUSK’S ACQUISITION OF TWITTER COMPLICATES THE POSSIBLE MERGER OF DWAC WITH TRUTH SOCIAL. Digital World Acquisition Corp jumped 25.14% on Tuesday following the announcement that Elon Musk had acquired Twitter for 44 billion. The Special purpose acquisition firm is planning to merge with ex-US President Donald Trump’s social media platform. Following the announcement that....

In Europe, stocks have been positive since opening; S&P and Dow futures struggle to stay positive, but Nasdaq contracts surrender to Netflix crash North American markets, whose tone had deteriorated since yesterday’s close, are struggling to position themselves in the positive field. But the results of Netflix, whose shares fell as much as 27%....