Tag: wellness

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Insmed posts wider quarterly loss

Insmed Inc. (INSM) reported a Q4 loss of $235.5 million ($1.32/share) vs. the Zacks estimate of a $1.15 loss. The biopharmaceutical company posted revenue of $104.4 million, topping estimates of $104.3 million.

Waabi Raises $280M to Develop Self-Driving Trucks

Waabi, founded by Raquel Urtasun in 2021, has raised $280 million in funding to advance its AI-powered self-driving technology. Backed by investors like Nvidia and Uber, Waabi aims to revolutionize the transportation industry.

Tariff Impact on Canadian Oil and Diesel Prices Looms

Benchmark prices for diesel continue to rise, with the latest increase driven by anticipation of potential tariffs on Canadian oil imports. The impact of these tariffs would be most significant in the Upper Midwest (PADD2), where a significant portion of crude imports come from Canada. However, market dynamics and the lack of infrastructure to redirect oil supplies may limit the price impact in other regions. Meanwhile, the ongoing production cuts by the OPEC+ group contribute to the overall upward trend in oil prices.

Norinchukin Bank CEO to Resign Amid Losses From Bond Bets

Norinchukin Bank CEO to Resign Amid Losses from Foreign Bond Bets

Evan Turner's Financial Freestyle: From $12 Million Contract to Financial Hardship and Back

Former NBA player Evan Turner shares his biggest financial mistake and how he bounced back from it, emphasizing the importance of financial literacy and having a close relationship with your financial advisor.

2025 J.D. Power U.S. Vehicle Dependability Study: Lexus Reigns Supreme Amidst Industry's Rising Pain Points

Lexus was named the top brand in J.D. Power's 2025 Vehicle Dependability Study, marking its third consecutive year, followed by Buick and Toyota in the mass market segment.

Figure AI Targets $39.5 Billion Valuation in $1.5 Billion Funding Round

Robotics startup Figure AI is in talks to raise $1.5 billion in funding at a $39.5 billion valuation, positioning it as a key player in the competitive field of humanoid robotics.

Global Equity Funds See Inflows on BOE Rate Cut, US Tariff Policy Concerns Limit Activity

Global equity funds saw major inflows after a rally in European shares due to a Bank of England rate cut, with investors purchasing a net $5.66 billion worth of funds.

Baidu Shares Surge as China's AI Sector Gains Momentum

Baidu shares surge after announcing its ERNIE AI chatbot will be free in April, following China's DeepSeek AI bot success, spurring demand and tech growth in the country's AI sector.

Upwork reports Q4 earnings, revenue beats estimates

Upwork (UPWK) reported Q4 EPS of $1.03, a 30 cent beat, on revenue of $191.5 million, a $11.3 million beat. For the year, UPWK reported EPS of $1.52 on revenue of $769.3 million.