PM Images This was another interesting week as we get closer to the June FOMC meeting. The US core PCE index increased by 0.2%, which was lighter than the consensus estimate of 0.3% in April. This can certainly be looked at as positive, as it's the slowest increase in MoM in 2024, and the last time PCE increased by 0.2% was in December of 2023. The Fed pays close attention to this metric because it takes consumer spending into consideration, whereas CPI is often looked at as a cost of living fluctuation ...

NEW YORK, June 5, 2024 /PRNewswire/ -- Envisagenics, an AI-driven revenue generating biotechnology company focused on discovery and development of novel RNA splicing therapeutics, today announced a Series B fundraising round with participation from existing investors Third Kind Venture Capital, Empire State Development and Red Cell Partners, and new strategic investor Bristol Myers Squibb (NYSE: BMY). Bristol Myers Squibb previously entered into an oncology research collaboration with Envisagenics in 2022. ...

Bristol Myers Squibb (BMY) announced data from three studies evaluating CD19-directed CAR T cell therapy Breyanzi (liso-cel) at the 2024 American Society of Clinical Oncology (ASCO) Annual Meeting.These data include long-term data with three-year follow-up from the late-stage TRANSFORM study of Breyanzi as a second-line treatment in patients with relapsed or refractory large B-cell lymphoma (LBCL). These also include results from a subgroup analysis evaluating the efficacy and safety of Breyanzi by a number ...

Bristol Myers Squibb (BMY) announced data from three studies evaluating CD19-directed CAR T cell therapy Breyanzi (liso-cel) at the 2024 American Society of Clinical Oncology (ASCO) Annual Meeting.These data include long-term data with three-year follow-up from the late-stage TRANSFORM study of Breyanzi as a second-line treatment in patients with relapsed or refractory large B-cell lymphoma (LBCL). These also include results from a subgroup analysis evaluating the efficacy and safety of Breyanzi by a number ...

PM Images I am not a trader, and I make most of my investment decisions based on a long-term time horizon. I can't time the market, and Bristol-Myers Squibb (NYSE:BMY) is a perfect example of an investment that's continued lower despite my long-term investment thesis. BMY looks like a falling knife, and the cuts are getting deeper and deeper. Over the past year, shares of BMY have declined by -36.24% as they fell from the mid $60s to the low $40s. Nothing about the long-term charts is exciting either, as BM ...

The latest trading session saw Bristol Myers Squibb (BMY) ending at $41.77, denoting a +1.65% adjustment from its last day's close. This move outpaced the S&P 500's daily gain of 0.11%. Meanwhile, the Dow experienced a drop of 0.3%, and the technology-dominated Nasdaq saw an increase of 0.56%.The the stock of biopharmaceutical company has fallen by 6.59% in the past month, lagging the Medical sector's gain of 2.86% and the S&P 500's gain of 5.06%.Investors will be eagerly watching for the performance of Bri ...

MarsBars A recent article highlighted keys to success for Amazon (AMZN) CEO, Andy Jassy, in which he attributed the following points to an 'embarrassing' amount of success. Specifically, he remarked on the following points in which a career professional should be able to confidently answer 'yes' to: Do you work hard? Are you more can-do than naysaying? Do you do what you said you were going to do? Can you work in a team? These are all admirable traits and while they don’t translate in the same to succ ...

This pair of high-yield dividend payers offer yields near 6% and a chance for steady payout raises in the years to come.Searching for investments that can outperform the benchmark S&P 500 index often gets wickedly complicated. If you're new to the investing process, you'll be glad to learn that building a portfolio that can outperform the broad market isn't as difficult as it seems.Filling your portfolio with top dividend-paying stocks doesn't guarantee great returns, but you'd have to be unlucky to underpe ...

Trevor Williams The first-quarter earnings season is largely in the books. S&P 500 operating EPS growth was solid at 6.4%. Critics contend that if you back out the very impressive profits from the Magnificent 7 stocks, then the market’s earnings growth rate is less sublime. I counter that argument with the reality that, if you also remove the roughly $13 billion of total acquisition and transaction costs related to several deals closed in the first quarter by Bristol-Myers Squibb Company (NYSE:BMY), th ...

Bristol Myers Squibb (BMY) announced that the European Commission (EC) has approved its blockbuster immuno-oncology drug, Opdivo (nivolumab), in combination with a chemotherapy combination, cisplatin and gemcitabine, as a first-line treatment for adult patients with unresectable or metastatic urothelial carcinoma (UC).Following the approval in Europe, the Opdivo combination became the first concurrent immunotherapy-chemotherapy approved for treating adult patients with unresectable or metastatic UC in a fir ...