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The Peter Thiel-backed psychedelic start-up has shares popping on Wall Road debut
Peter Thiel-backed psychedelic startup Atai Life Sciences, stocks rose on its first day of trading on Wall Street on Friday. The newly listed Nasdaq stock opened 40% before falling a little. The shares closed nearly 30% to $ 19.45 each. The German biotech company’s IPO on Thursday evening was $ 15 per share, the upper…
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“The sale might be not over but”
CNBC’s Jim Cramer on Friday looked ahead to next week’s key market events, which include public statements by several Federal Reserve officials and earnings reports from Nike and FedEx. Host Mad Money’s outlook came after another bad day for Wall Street, with the Dow Jones Industrial Average falling 533 points on Friday, ending its worst…
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Males charged in shell firm inventory fraud scheme, used SEC filings
Three men engaged in a brazen scheme to “surreptitiously hijack” and take over dormant shell companies, whose stock they then fraudulently inflated to dump to unwitting investors, according to charges in an indictment that was unsealed Friday. The men from 2017 through 2019 allegedly used fake resignation letters to seize control of four shell companies…
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LeBron James places NBA’s pandemic enterprise again within the highlight
LeBron James of the Los Angeles Lakers at a game against the LA Clippers at ESPN Wide World Of Sports Complex on July 30, 2020 in Lake Buena Vista, Florida. Mike Ehrmann | Getty Images The biggest star in the National Basketball Association isn’t happy about the current state of the league. LeBron James used…
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Trina delivers the “receipts” within the newly launched track after Battle Towards Eve
Roommate, if you’re a Trina fan you’re probably still in a frenzy from her recent ‘Verzuz’ fight with Eve, and maybe expected that interest in her music would be at an all-time high by now, she decided something to drop new heat. Trina wants to make the “Receipts”, as her brand new single is called,…
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Jim Cramer says the ‘Ark Make investments phenomenon’ seems to be over for now
CNBC’s Jim Cramer said Friday that Ark Invest’s stock-moving influence appears to be waning — at least for now. Ark Invest’s family of exchange-traded funds were some of the best performers on Wall Street last year, but have not fared well in 2021 as investors rotated away from high-growth stocks and into economic recovery plays.…
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Towards the background of uncertainty, Ethiopia goes to vote for the ballot
ADDIS ABABA, Ethiopia – Supporters of the Balderas party, one of the largest opposition parties, are taking part in an election campaign in Addis Ababa, Ethiopia on June 16, 2021. Michael Tewelde / Xinhua via Getty Images Ethiopians will vote on Monday. Prime Minister Abiy Ahmed is campaigning for a message of unity amid conflict…
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Biden says delta Covid variant is ‘notably harmful’ for younger individuals
President Joe Biden speaks about reaching 300 million COVID-19 vaccination shots, in the State Dining Room of the White House, Friday, June 18, 2021, in Washington. Evan Vucci | AP President Joe Biden on Friday doubled down on his administration’s plea to Americans to get vaccinated against Covid-19 as quickly as possible, warning the highly…
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Immerse your self in these traditional summer time seaside reads
We independently selected these products because we love them, and we hope you do too. Shop at E! has affiliate relationships, so we may receive a commission if you buy something through our links. Items are sold by the retailer, not E !. If you’re like us, one of the nicest parts of summer –…
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Fixing international delivery delays “could take some time”
Ryan Petersen, CEO of Flexport, told CNBC on Friday that there is no single solution to address the shipping delays that have disrupted the global economy. That’s because a main reason for it – consumers who buy more physical products during the Covid pandemic because they spent less on services – won’t return right away,…