“We are pleased to have found common ground with the FDA on the regulatory path forward for tebipenem HBr,” said Ankit Mahadevia, M.D., Chief Executive Officer of Spero Therapeutics. “With this clarity, we are better positioned to advance the program as we work to establish and nurture external partnerships for further development.$Spero Therapeutics Inc.(SPRO)$
$XPeng Inc.(XPEV)$Xpeng may or may not hit $15 but at these levels its valuation is close to valuation of BYD but Xpeng has and will have much higher growth rate than BYD. The US-China agreement has been reached, and the inspections of auditors have begun. Xpeng uses Chinese chips, including the AI chips for its computing center, and has no exposure to Nvidia. I am buying and if it falls more, I'll buy more.
Sidus Space(SIDU) stock is getting a boost from a launch agreement withSpaceX. That covers five launches starting in early 2023. This will support the company's plans for a low-orbit satellite constellation. Source: Blue Planet Studio/ShutterstockSidus Space(NASDAQ:SIDU) stock is rising higher on Wednesday after the company announcedan agreement with Elon Musk’sSpaceX.That agreement has Sidus Space securing five launch agreements with the rocket company. These will start in early 2023 and will take its LizzieSatTM multi-mission low Earth orbit (LEO) satellites into orbit.Sidus Space already got approval in 2021 to set up a constellation is satellites operating in low earth orbit. The launches will support agreements with NASA and Mission Helios for payload deliveries and space-based data c
$Grab Holdings(GRAB)$Uber 58bil mcap doing 25.5bil revenue, 14.7bil cost of revenue, 10.8bil gross profit (TTM). x5.3 mcap/profitGoTo 25bil mcap doing 283mil revenue, 195mil cost of revenue, 81mil gross profit (TTM). x308 mcap/profitGrab 12bil mcap doing 687mil revenue, 1.1bil cost of revenue, -452mil gross profit (TTM).The above numbers taken from Yahoo Financials. Grab Q2 earnings clearly isnt included since their losses in Q2 was over 500mil. Grab is basically burning money to create more revenue yet it is doing it inefficiently. As they are continuously using this strategy of burning money to gain revenue, investors are the one getting burned. If they stop burning money, their revenue will drop significantly. Look at the mcap over profit, it is r
$Shuttle Pharmaceuticals Inc(SHPH)$ are people in the stock market to make money? then make it and stop fussing. No go sit down somewhere and watch on the sidelines. Im in the game to play so when opportunities come up don't hate coz your late.
The company continues topost strong earningsamid an increasingly diversified business, maintains a market capitalization of nearly $2 trillion. It is one of the few mega-cap tech stocks that pays a dividend (current yield: 0.94%). Plus, Microsoft’s current price-to-earnings ratio of 27 makes the stock look reasonably priced at its current level of $263.08 a share.Despite the market turmoil this year and challenges ranging from supply chain constraints to high inflation, Microsoft continues to diversify and grow its various businesses — from its$68 billion acquisitionof video game makerActivision Blizzard(NASDAQ:ATVI) to its Azure cloud computing segment.Its most recent quarterly results showed that revenues for the Azure cloud unit grew 40% from a year earlier, which was faster than any of
$Taiwan Semiconductor Manufacturing(TSM)$We’re going to end this list with a couple of chip stocks, starting withTaiwan Semiconductor(NYSE:TSM). Shares of this great company have been crushed this year, as have many other tech names. Despite the selloff, business continues to hum along quite well. In mid-July, the company delivered a top- and bottom-line earnings beat and above-consensus forecast for its third-quarter results.Maybe it’s because it’s not as well-known as some other prominent U.S.-based technology firms. However, TSM stock is not one to be ignored despite its $436 billion market capitalization and 2.2% dividend yield.The company is forecast to grow sales almost 33% this year and 10% next year. On the earnings front, analysts expect 50%
$GameStop(GME)$Investors probably don’t want to holdmeme stocksin their portfolio the next time the market crashes. Indeed, they probably shouldn’t even own meme stocks during bull runs.But discussions of risk aside, the stocks of companies such as video game retailerGameStop(NYSE:GME) that are losing money, struggling to sell their products online, and subject to frequentshort squeezesby retail investors, are the kinds of securities that get trampled when markets plunge and panicked investors stampede for the exits.
$Unity Software Inc.(U)$ Unity Software(NYSE:U) stock has two current catalysts that could affect its price soon. First,AppLovin(NASDAQ:APP)offered to acquireUnity Software for $17.5 billion, but UnitySoftware’s board quickly shot the offer down.Instead, the board recommends the company forge ahead with its deal announced last month to buyIronSource(NYSE:IS). The IronSource platform helps scale and publish mobile games and apps while Unity Software is a noted real-time 3D game content name.Here’s what’s interesting: AppLovin’s deal valued U stock at $58.85 per share, but was ultimately not recommended. The ironSource deal should make Unity stronger, theoretically raising its share price. That means Unity Software likely assumes its shares are worth much