Hung Hom Latest News (Hong Kong Island, Hong Kong)

As part of a broader investigation into the events that led to Silicon Valley Bank's failure, federal investigators have launched an inquiry into the management's stock sales in the weeks preceding the bank's failure.

For the second day in a row, NIO investors received positive news from Chinese authorities. The company's American depositary shares are up again this morning, rising 6% at the outset but softening to a 1.9% gain as of 10:05 a.m. ET.

As of 10:48 a.m., shares of Horizon Therapeutics Public Limited Company (HZNP) were up 27.2% on Wednesday, ET.

The patent cliff is one of the most serious threats to pharmaceutical firms. When a drugmaker's patent on an internally designed medicine expires, cheaper generics often hit the market, resulting in a decrease in sales for these drugs.

There are now more than 500 million confirmed cases of COVID-19 worldwide. Headache is one of the earliest and most common symptoms after COVID-19; it is characterized by pressure pain in the upper or front of the head.

WBA is a well-known local pharmacy retailer with around 9,000 outlets in the United States. Four out of every five people in the country live within five miles of one of its sites.

NVIDIA Corporation (NVDA) shares dropped today despite no company-specific news. Instead, investors are likely digesting remarks made by Intel Corporation (INTC) management on the company's conference call yesterday

Despite high sales, indicators of pricing pressures even at the warehouse retail behemoth indicate economic concerns.

Almost all oil and gas equities plummeted in value today, even those regarded as among the "safest" oil and gas stocks.

Last Friday, Federal Reserve Chairman Jerome Powell dealt a significant blow to the U.S. stock market. Powell specifically stated that the Federal Reserve will keep raising interest rates until it is sure that inflation is under control.

On Monday, STO's share price performed better than most. Although the energy producer's shares closed the day 0.75% lower at $7.85, this compares well to the ASX 200 index's S&P/ASX 200 (^AXJO) 1.95% fall.

META, the social media juggernaut is under attack. Last Monday, the corporation announced its first-ever year-over-year sales decrease in the second quarter of 2022.