argenx agrees to acquire Unnatural Products, adding macrocyclic peptide discovery engine

Nvidia's board announced it is opening an independent investigation after reporting that Jensen Huang was the target of a foreign…

Nvidia's board announced it is opening an independent investigation after reporting that Jensen Huang was the target of a foreign intelligence effort. A committee of independent directors will oversee it, assisted by outside counsel. Per AP's account of the New York Times story, the effort centered on Alice Huang, a top executive at Singapore-based data company Megaspeed.…

Quote post: @Barchart on Intel CEO Lip-Bu Tan buying $9.7M of INTC (paid about 32% less than his August buy)

Intel CEO Lip-Bu Tan bought $9.7M of stock on Nov 2, the first trading day after its worst drop since 1974. He…

The 2008 Financial Crisis — Lehman, 18 Years Later

Citi remains below its pre-crisis share price despite the recovery in stocks and jobs, highlighting the crisis’s uneven legacy.

On September 15, 2008, Lehman Brothers filed the largest bankruptcy in U.S. history, about $639 billion in assets, gone almost overnight. On October 3, 2008, the $700 billion bank bailout was signed into law, and on November 25 the Fed announced its initial large-scale asset purchase program,…

Rate-Sensitive Sectors Fall Together at 4.86% Yield

Rate-sensitive sectors fell as yields rose in the latest session, while technology led gains as capital rotated toward growth.

The 10-year Treasury yield closed at 4.86% on November 6, down 12bps from 4.98% on October 29. The 2-year eased 10bps to 4.51%, while the 30-year slipped only 6bps to 5.26%. The long end is lagging the rally, leaving the 2s30s spread at…