Prime Allied Limited Press Releases

GSK PLC, the British pharmaceutical company, announced on Tuesday a $1.4 billion acquisition of Aiolos Bio Inc., which would expand its respiratory portfolio.

Apple Inc. (AAPL) is fighting a ban on several of its smartwatches after President Joe Biden's administration opted not to intervene.

GM (GM) stock increased by more than 6%. Thursday after it announced employment cuts at its autonomous car branch, Cruise, in the aftermath of an accident that forced authorities to shut down the robo taxi service.

On Friday, UiPath Inc. (PATH) shares increased by over 25% following the company's third-quarter earnings report significantly surpassed the expectations of analysts.

Amazon (AMZN) is establishing an artificial intelligence (AI) skills training program to assist employees in developing critical skills as organizations face an AI talent shortage.

Nvidia (NVDA) shattered analyst forecasts for third-quarter financials after the bell Tuesday, with adjusted profits per share (EPS) and sales more than doubling from the prior-year quarter, as the AI market continues to heat up.

Earnings news from pioneer Nintendo and relative newcomer Roblox (RBLX) boosted video game manufacturer shares on Wednesday.

According to Wall Street analysts, Intel's (INTC) move to spin off its programmable chip business into a separate company indicates that the chipmaker requires cash to support its revival push. On Wednesday, Intel's stock soared.

When Windows and Internet Explorer first appeared as crucial tools of the online revolution 30 years ago, Microsoft (MSFT) pioneered the road for technology.

POINT Biopharma Global (PNT) shares soared more than 80% in initial trading on Tuesday after Eli Lilly (LLY) agreed to purchase the radiopharmaceutical company for $1.4 billion in order to expand its cancer-fighting therapies.

Amazon (AMZN) will provide third-party merchants with a new logistics service that will manage the delivery of items from manufacturers straight to buyers. The shares of Amazon soared on the announcement on Wednesday.

A rapid increase in profitability has placed AppFolio, a real estate software company, on the radar of investors. AppFolio stock has risen 83% in 2023 and is now ready to become profitable.

NetEase (NTES), one of China's largest online gaming and internet service providers, surpassed profitability projections for the second quarter on Thursday, although revenues fell short.

The 30-year average mortgage rate rose for the third day on Thursday, while the 15-year rate rose to its highest level in four weeks. On the other hand, the 30-year refinancing average fell to conclude a five-day rally.

Apple Inc (AAPL.O) said on Thursday that component shortages are improving and that demand for iPhones remains strong despite customers cutting back on other purchases.

Elon Musk said on Friday that the goal of his new artificial intelligence business, xAI, is to "understand the universe."

Robert Iger, who previously led Disney from 2005 to 2020, made an unforeseen comeback in November of the previous year following the dismissal of his successor, Chapek.

As an iconic American giant, General Electric (GE) is rapidly reaching the end of the runway. GE is getting ready to launch in a new route as GE Aerospace, a pure-play aviation and military company.