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Zoom Video Hit With Yet Another Lawsuit, Shares Down 22% In Five Days

Popular video conference platform Zoom Video (ZM) has been slapped with yet another lawsuit on April 7. Shareholder Michael Drieu brought a class …

Moleculin Biotech Doubles In Pre-Market Trading On Potential Covid-19 Treatment

Moleculin Biotech (MBRX) today announced that 2-deoxy-D-glucose (“2-DG”) reduced the virus that causes COVID-19 by 100% in in vitro testing, according to independent …

Tal Education Shares Plunge On Sales Fraud, Employee Wrongdoing

Shares in China’s after-school tutoring company Tal Education (TAL) have taken a battering after the company announced that an employee had ‘conspired with …

China’s Streaming Platform iQIYI Retaliates Against Short Seller Report

Chinese online entertainment service iQIYI Inc (IQ) has issued a statement denying allegations made in a short report by Wolfpack Research. In its …

SAGE Announces Massive Restructuring To Focus On Failed Depression Drug

Sage Therapeutics (SAGE) has announced a massive restructuring that appears to abandon the launch of post-partum depression drug Zulresso. “Zulresso is a hospital-based …

Pinterest Shares Climb 14% in After-Hours Trading On Positive Q1 Guidance

Photo-sharing site Pinterest (PINS) has released first quarter revenue guidance of $269- $272 million, bracketing the Street’s estimated $270 million, causing shares to …

Amazon Halts New Delivery Service To Focus On Demand Surge

E-commerce giant Amazon (AMZN) will suspend its delivery service for non-Amazon packages, according to people familiar with the matter, The Wall Street Journal reports. …

GenMark Sees 80% Q1 Revenue Boost on Covid-19 Tests

After the close on Tuesday, GenMark (GNMK) preannounced above-consensus 1Q20 revenue given tailwinds from COVID-19 testing. The molecular diagnostics company is now expecting …

Is Apple Stock a Buy Right Now? This Is What You Need to Know

Is now the right time to unleash a new product? Whether it is or not, according to one analyst, Apple (AAPL) is readying …

Eli Lilly Lowers Insulin Cost in Response to Coronavirus Pandemic

Drugmaker Eli Lilly & Co (LLY) said on Tuesday it has reduced the out-of-pocket cost for insulin to $35 per month to help …

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