Energy will be a key driver to support the AI race and power all the data centers, but the US is in a good place to meet that demand, according to President Trump's chief tech and science adviser. Michael Kratsios spoke with Bloomberg's Jonathan Ferro, Annmarie Hordern and Lisa Abramowicz on the sidelines of the World Economic Forum in Davos.
JPMorgan's clients across Europe and the Middle East have put their concerns about tariffs to the side, at least for now, choosing instead to focus on running their businesses. That was among the observations by Filippo Gori, Co-Head of Global Banking & EMEA CEO for the New York-based bank. He spoke with Bloomberg Television's Francine Lacqua at the World Economic Forum in Davos, Switzerland.
JPMorgan's clients across Europe and the Middle East have put their concerns about tariffs to the side, at least for now, choosing instead to focus on running their businesses. That was among the observations by Filippo Gori, Co-Head of Global Banking & EMEA CEO for the New York-based bank. He spoke with Bloomberg Television's Francine Lacqua at the World Economic Forum in Davos, Switzerland.
Chinese Vice Premier He Lifeng, the nation's economic czar and top trade negotiator, speaks at the World Economic Forum's annual meeting in Davos, Switzerland, about global trade. "The multilateral trading system now faces the most serious challenge it's seen in years," He says. "The unilateral acts and trade deals of certain countries clearly violate the fundamental principles and rules of the WTO and severely impact the global economic and trade order." (Source: WEF. English translation from source.)
Chinese Vice Premier He Lifeng, the nation's economic czar and top trade negotiator, speaks at the World Economic Forum's annual meeting in Davos, Switzerland, about global trade. "The multilateral trading system now faces the most serious challenge it's seen in years," He says. "The unilateral acts and trade deals of certain countries clearly violate the fundamental principles and rules of the WTO and severely impact the global economic and trade order." (Source: WEF. English translation from source.)
President Donald Trump is expected have his administration move to reclassify marijuana as a less dangerous drug, according to people familiar with the matter. This has been good news for pot stocks. Nathan Dean of Bloomberg Intelligence has more.
Acadia Pharmaceuticals (NASDAQ:ACAD) announced today that the U.S. Food and Drug Administration (FDA) has approved DAYBUE® STIX (trofinetide) for oral solution, a new dye- and preservative-free powder formulation of trofinetide for the treatment of Rett syndrome in both adult and pediatric patients aged two years and older.
Acadia Pharmaceuticals (NASDAQ:ACAD) announced today that the U.S. Food and Drug Administration (FDA) has approved DAYBUE® STIX (trofinetide) for oral solution, a new dye- and preservative-free powder formulation of trofinetide for the treatment of Rett syndrome in both adult and pediatric patients aged two years and older.
Relay Therapeutics (NASDAQ:RLAY) presented promising subset efficacy data from its ReDiscover program at the 2025 San Antonio Breast Cancer Symposium (SABCS), showcasing the combination of zovegalisib (RLY-2608) and fulvestrant in a cohort of 52 patients with estrogen receptor-positive breast cancer.
Applied Materials (NASDAQ:AMAT) announced a quarterly cash dividend of $0.46 per share, payable on March 12, 2026, to shareholders of record as of February 19, 2026.
This marks the eighth consecutive year of dividend increases for the company, following a 15% hike in March 2025, which raised the dividend from $0.40 to $0.46 per share.
Oppenheimer Holdings (NYSE:OPY) has announced a special cash dividend of $1 per share on both its Class A non-voting and Class B voting common stock, a move the company says reflects improved operating results and a stronger financial position.
The United States has taken a landmark step in financial regulation after the Office of the Comptroller of the Currency granted conditional approval for five leading crypto companies to operate as national trust banks.
Ripple, Circle, Paxos, BitGo and Fidelity Digital Assets are now set to enter the federal banking system, marking one of the most significant regulatory endorsements of the digital asset sector to date.
The global stablecoin market reached a new all-time high in the second week of December, surpassing $310 billion as fiat-pegged tokens regained momentum.
Data from DefiLlama shows the stablecoin sector peaked at approximately $310.09 billion on Saturday, marking its strongest level to date.
Wall Street's market infrastructure has taken a decisive step towards tokenisation after the Depository Trust & Clearing Corporation confirmed that its subsidiary, the Depository Trust Company, received a no-action letter from the U.S. Securities and Exchange Commission authorising a new tokenisation service.
