Investing.com -- The U.S. Food and Drug Administration has recommended lifting the voluntary hold on Sarepta Therapeutics (NASDAQ: SRPT)’ gene therapy Elevidys for ambulatory patients with Duchenne Muscular Dystrophy (DMD).
The FDA concluded that the death of an 8-year-old boy was unrelated to the gene therapy product itself, allowing ambulatory patients to once again receive the treatment.
However, the voluntary hold remains in place for non-ambulatory patients... (continue reading...)
By Karen Freifeld
(Reuters) -Cadence Design agreed to plead guilty and pay more than $140 million to resolve U.S. charges for selling its chip design products to a Chinese military university believed to be involved in simulating nuclear explosions, the Justice Department said on Monday.
Cadence was accused of violating export controls by illegally selling chip design software and hardware to front companies representing China's National... (continue reading...)
Investing.com -- Markets aren’t showing any signs of slowing down as they ride a wave of optimism—fuelled by easing trade uncertainty, continued economic growth, and a steady run of solid earnings—but a handful of lurking headwinds could "upside" the current melt-up, according to the Sevens Report.
“While there’s undeniably a positive set up for stocks right now, I believe it’s always important to look at the other side of the trade and specifically what could go wrong.... (continue reading...)
Investing.com -- Bernstein upgraded Charter Communications (NASDAQ: CHTR) to Outperform, arguing the stock’s post-earnings selloff offers an opportunity ahead of a more constructive 2026 free cash flow narrative.
While Charter’s core broadband business remains under pressure, with 111,000 residential broadband subscriber losses in Q2, Bernstein noted those results were largely consistent with last year when adjusting for disconnects. “On one hand, the underlying... (continue reading...)
Investing.com -- German Chancellor Friedrich Merz expressed dissatisfaction with the outcome of trade negotiations between the European Union and the United States, but said that "more simply wasn’t achievable." Merz added that the agreed tariffs would inflict "significant" damage on the German economy.
The trade agreement announced Sunday establishes a 15% import tariff on most EU goods, which is lower than the 30% previously threatened by U.S. President Donald Trump... (continue reading...)
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