Nasdaq News

(RTTNews) - Novo Nordisk A/S (NVO) and Jiangsu Hengrui Pharmaceuticals Co., Ltd. (1276.HK) announced Tuesday that they have entered into an exclusive license agreement for HRS-1596, a Phase 1-ready GLP-1/GIP dual receptor agonist with potential for once-weekly oral dosing.

(RTTNews) - Neurocrine Biosciences, Inc. (NBIX) announced that Eiry W. Roberts will return as Chief Medical Officer, effective immediately, succeeding Sanjay Keswani, who will depart the company by mutual agreement.

Key PointsIt has also set an ambitious target for annual dividend raises.

Key PointsThe market is pricing Micron stock as though it assumes the demand wave for memory will fizzle out in the next 12 months.

(RTTNews) - Ascletis Pharma Inc. (1672.HK) reported positive Phase 1 results for ASC50 in plaque psoriasis, with the investigational oral therapy showing a 48.9% placebo-adjusted reduction in PASI score after 28 days of treatment.

Key PointsBoth the Buffett indicator and the Shiller CAPE ratio show that stocks are at historically expensive levels.

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Key PointsAfter completing the largest IPO of all time back in June, SpaceX stock is now down 34% from its peak.

(RTTNews) - FMC Corp. (FMC), an agricultural sciences company, announced the submission of the regulatory dossier for rimisoxafen, an herbicide active ingredient, to Brazilian regulatory authorities.

Key PointsDollar-cost averaging stops you from trying to time the market because your buying schedule is already set.

(RTTNews) - Corteva, Inc. (CTVA) and Inari, the SEEDesign company, have reached a confidential settlement agreement to resolve a lawsuit filed by Corteva in September 2023 in the U.S. District Court for the District of Delaware.

(RTTNews) - Stock markets in Europe are expected to open on a mildly positive note on Tuesday. However, sentiment is likely to be impacted by the surge in crude oil prices and the spike in bond yields. Worries about artificial intelligence is also expected to weigh on sentiment.