Apple, Twitter, Facebook, Amazon stock down in premarket after earnings fail to wow Wall Street

Shares of Twitter, Facebook, Apple and Amazon sunk in premarket trading Friday, after the companies released their latest quarterly reports that failed to sway cautious investors. Meanwhile, shares of Alphabet, which crushed expectations, jumped nearly 7% in the premarket. Shares of Twitter, Facebook, Apple and Amazon remained down in premarket trading Friday after the companies released quarterly reports that failed […]

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Big Tech weakness drags US stocks lower

Fox Business Flash top headlines for October 29 Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Stock futures resumed their march downward after a brief reprieve on Thursday, as concerns about coronavirus lockdowns and worries over quarterly results from tech giants dampened sentiment. Continue Reading Below Dow futures were off 261 points, a decline of […]

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Twitter shares plummet after user growth falls short

Twitter’s stock price plunged in premarket trading Friday as the social network added far fewer users than Wall Street expected in the third quarter. The San Francisco-based tech giant’s shares were down 15.5 percent at $44.30 as of 7:35 a.m. a day after it reported having 187 million average monetizable daily active users from July to September, an increase of […]

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This pitch deck won insurtech firm Cover Genius the backing of an early Palantir investor in a $10 million round

Australian insurtech startup Cover Genius recently raised more than $10 million in a funding round backed by King River Capital and Leap Capital.  The firm counts major technology players – including Ebay and Booking Holdings – among its growing list of international partners.  One of Palantir's earliest backers, Chris Barter of King River Capital, chipped in for Cover Genius' latest […]

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Goldman Sachs and JPMorgan will freeze software updates around the US election to minimize service outages, report says

Brendan McDermid/Reuters Goldman Sachs and JPMorgan have ordered halts to software updates around next week’s election to avoid service outages for customers, the Information reported. The precautionary step is common during periods of heightened market volatility. This year’s election is expected to be particularly turbulent. JPMorgan executed code freezes during the 2016 US presidential election when Donald Trump won, the […]

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Minneapolis Police Union Recruits Retired Cops As Trump ‘Poll Challengers’

The Minneapolis police union is facing a warning after recruiting retired cops to work as “poll challengers” in a “problem” area of the city at the request of an attorney for President Donald Trump’s reelection campaign. “Targeting anyone for a challenge based on being in a so-called ‘problem area’ is unlawful and will not be permitted in Minnesota’s polling places,” Minnesota Secretary […]

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AXGT’s Parkinson’s Gene Therapy Trial To Be Delayed, BLCM To Trim Workforce, MRNA On Watch

Today’s Daily Dose brings you news about Axovant’s update on its EXPLORE-PD study of AXO-Lenti-PD gene therapy in Parkinson’s disease, disappointing data from Bellicum’s pancreatic cancer trial, vTv Therapeutics’ progress in Elevage study, and the near-term catalysts related to Moderna’s COVID-19 vaccine candidate. Read on… 1. Axovant To Delay Enrollment In Parkinson’s Gene Therapy Trial Shares of Axovant Gene Therapies […]

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