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FDA Approves New Schizophrenia Drug by Bristol Myers Squibb

The Food and Drug Administration has approved Bristol Myers Squibb's drug, Cobenfy, for the treatment of schizophrenia. This drug represents the first novel treatment...

Testing Meta’s Orion AR Smart Glasses Prototype

Meta CEO Mark Zuckerberg introduced Orion AR Glasses during a keynote speech at the Meta Connect annual event, held at the company's headquarters in...

Two Major Deals on the Horizon Could Revive the IPO Market

Despite recent record highs posted by the S&P 500 and the Dow Jones Industrial Average, the initial public offering (IPO) market remains relatively stagnant....

Port Strike Endangers Imports for Walmart, Ikea, Home Depot

As the International Longshoremen's Association (ILA) port workers approach the possibility of a strike at East Coast and Gulf Coast ports, the union has...

Elon Musk’s X to Return Online in Brazil Before Elections

The Federal Supreme Court (STF) in Brazil has suspended Elon Musk's social network after it failed to comply with orders from Minister Alexandre de...

OpenAI Projects $5 Billion Loss on $3.7 Billion Revenue This Year

OpenAI, the developer behind ChatGPT, is projected to incur approximately $5 billion in losses on revenues of $3.7 billion for this year, as confirmed...

Nvidia Dominates Despite All-Time Market Highs

This week, the S&P 500 achieved three new records, increasing the total number of times the broad market index has closed at an all-time...

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