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On Thursday, Trevi Therapeutics, Inc. (NASDAQ:TRVI) announced the outcome from the planned sample size re-estimation (SSRE) for the ongoing Phase 2b CORAL trial in idiopathic pulmonary fibrosis (IPF) patients with chronic cough, which requires no change to the current sample size for the trial (N=160). The CORAL trial is a double-blind, randomized, placebo-controlled, parallel-arm trial evaluating three doses of Haduvio (27mg, 54mg, and 108mg twice daily) compared to placebo in IPF patients with

Why Is Cough-Focused Trevi Therapeutics Stock Skyrocketing On Thursday?

On Thursday, Trevi Therapeutics, Inc. (NASDAQ:TRVI) announced the outcome from the planned sample size re-estimation (SSRE) for the ongoing Phase 2b CORAL trial in idiopathic pulmonary fibrosis (IPF) patients with chronic cough, which requires no change to the current sample size for the trial (N=160). The CORAL trial is a double-blind, randomized, placebo-controlled, parallel-arm trial evaluating three doses of Haduvio (27mg, 54mg, and 108mg twice daily) compared to placebo in IPF patients with
Benzinga 30 minutes ago
TRVI
Adobe downgraded, Charter upgraded: Wall Street's top analyst calls

Adobe downgraded, Charter upgraded: Wall Street's top analyst calls

Adobe downgraded, Charter upgraded: Wall Street's top analyst calls
The Fly 42 minutes ago
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US Stocks Rally Takes a Breather After Mixed Data: Markets Wrap

US Stocks Rally Takes a Breather After Mixed Data: Markets Wrap

(Bloomberg) -- US stocks opened lower while Treasuries pared a decline as traders digested mixed data ahead of next week’s Federal Reserve policy-setting meeting.Most Read from BloombergBrace for a Nationwide Shuffle of Corporate HeadquartersHong Kong's Expat Party Hub Reshaped by Chinese InfluxAmerican Institute of Architects CEO ResignsCity Hall Is HiringCloud Computing Tax Threatens Chicago’s Silicon Valley DreamThe S&P 500 slid 0.2% while the Nasdaq 100 slipped 0.5% after higher-than-expecte
Bloomberg 46 minutes ago
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Stock market today: S&P 500, Nasdaq edge lower with rate cuts, inflation data in focus

Stock market today: S&P 500, Nasdaq edge lower with rate cuts, inflation data in focus

Investors get the next piece of the inflation puzzle after the latest reading on consumer prices boosted bets on a December rate cut.
Yahoo Finance 47 minutes ago
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US appeals court rejects Nasdaq's diversity rules for company boards

US appeals court rejects Nasdaq's diversity rules for company boards

An appeals court in Louisiana has ruled that Nasdaq can't require diversity on the boards of companies that list on the exchange. The decision comes more than three years after the Securities and Exchange Commission approved Nasdaq’s proposal to boost the number of women, racial minorities and LGBTQ people on U.S. corporate boards. The proposed policy — which was to be the first of its kind for a U.S. securities exchange — would have required most of the nearly 3,000 companies listed on Nasdaq to have at least one woman on their board of directors, along with one person from a racial minority or who identifies as gay, lesbian, bisexual, transgender or queer.
Associated Press Finance 55 minutes ago

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Stock market today: S&P 500, Nasdaq edge lower with rate cuts, inflation data in focus

Stock market today: S&P 500, Nasdaq edge lower with rate cuts, inflation data in focus

Investors get the next piece of the inflation puzzle after the latest reading on consumer prices boosted bets on a December rate cut.
Top Wall Street bull sees possibility of feverish stock rally fading in second half of 2025

Top Wall Street bull sees possibility of feverish stock rally fading in second half of 2025

Fundstrat head of research Tom Lee sees a roaring rally cooling off in the second part of 2025 as stocks could follow a typical historical pattern following two years of strong gains.
MotorTrend CEO on why the Ram 1500 won 'Truck of the Year' and what tariffs would mean for US buyers

MotorTrend CEO on why the Ram 1500 won 'Truck of the Year' and what tariffs would mean for US buyers

The MotorTrend Truck of the Year wasn’t an EV like the Rivian R1T or Ford F-150 Lightning. A gas-powered truck won top honors.
Tesla stock closes at all-time high as 69% surge since Trump's win cements dramatic turnaround

Tesla stock closes at all-time high as 69% surge since Trump's win cements dramatic turnaround

Tesla shares hit a new all-time high on Wednesday as the EV maker continues its relentless run higher since President-elect Donald Trump’s election win.
Stock market today: Nasdaq tops 20,000 for first time as Big Tech surges, Tesla hits first record in 3 years

Stock market today: Nasdaq tops 20,000 for first time as Big Tech surges, Tesla hits first record in 3 years

The CPI report sets the stage for the Federal Reserve's final interest rate decision of the year.
Super Micro stock slides despite CEO's attempt to dispel fears of Nasdaq delisting

Super Micro stock slides despite CEO's attempt to dispel fears of Nasdaq delisting

Super Micro Computer stock is sliding following a cautious analyst note from JPMorgan, despite CEO Charles Liang's attempt to dispel delisting fears.
GM's Cruise robotaxi exit a result of 'serious problems' from scaling too fast and continued high costs

GM's Cruise robotaxi exit a result of 'serious problems' from scaling too fast and continued high costs

General Motors pulled the plug on its Cruise robotaxi business on Tuesday night, a move marking a dramatic step back in its autonomous ambitions that began eight years ago.
Macy's delayed Q3 results show sales decline as its stock drops

Macy's delayed Q3 results show sales decline as its stock drops

As activist pressure builds, Macy's is reporting tepid sales results.
A cautious Fed on track for one last 2024 cut followed by a 'slowing down' in 2025

A cautious Fed on track for one last 2024 cut followed by a 'slowing down' in 2025

A fresh inflation reading that met Wall Street expectations is likely to keep the Federal Reserve on track to cut interest rates again next week, but some central bank watchers believe the Fed will signal a more cautious approach to 2025.
An 'unfamiliar' era for investors has arrived after a 20-year 'regime': Morning Brief

An 'unfamiliar' era for investors has arrived after a 20-year 'regime': Morning Brief

As another CPI reading is set to show the continued challenge of reeling in inflation, RSM chief economist Joe Brusuelas says that things are different now — and explains what that means.
Netflix co-CEO shakes off M&A in 2025: 'We’re better builders than buyers'

Netflix co-CEO shakes off M&A in 2025: 'We’re better builders than buyers'

Netflix is not interested in engaging in media M&A next year — even if its competitors appear more interested.
Forget the dealership: You can now buy a Hyundai on Amazon

Forget the dealership: You can now buy a Hyundai on Amazon

Imagine the convenience of Amazon brought to the tedious and often frustrating dealership experience. After nearly a year of waiting, Amazon users can finally buy a Hyundai vehicle through the online retailer.
Tesla's cheaper 'Model Q' on the way and likely new China EV, analyst says following Tesla meeting

Tesla's cheaper 'Model Q' on the way and likely new China EV, analyst says following Tesla meeting

Deutsche Bank is upping its price target for Tesla following investor meetings where Tesla revealed more info about its upcoming vehicles.
Big banks find many 'reasons to be optimistic about 2025' as Trump 2.0 nears

Big banks find many 'reasons to be optimistic about 2025' as Trump 2.0 nears

Executives from the country’s biggest banks sounded optimistic Tuesday as they assessed the impact of a new Trump administration, the state of the US economy in 2025, and more interest rate cuts expected from the Federal Reserve.
Stock market today: Dow, S&P 500, Nasdaq fall as investors await key inflation data

Stock market today: Dow, S&P 500, Nasdaq fall as investors await key inflation data

Stocks are mixed ahead of a consumer inflation report seen as key to the path of interest rates.
Oracle stock sinks amid earnings miss, higher spending forecast

Oracle stock sinks amid earnings miss, higher spending forecast

Oracle stock dropped after a quarterly miss collided with elevated expectations, a trend recently seen with other high-flying tech stocks.
Financial Group Oddo Plans Foray Into Swelling Stablecoin Market

Financial Group Oddo Plans Foray Into Swelling Stablecoin Market

(Bloomberg) -- Oddo BHF SCA is working on a euro-denominated stablecoin, people familiar with the matter said, an initiative that would bring it into an increasingly crowded market. Most Read from BloombergBrace for a Nationwide Shuffle of Corporate HeadquartersHong Kong's Expat Party Hub Reshaped by Chinese InfluxAmerican Institute of Architects CEO ResignsCity Hall Is HiringCloud Computing Tax Threatens Chicago’s Silicon Valley DreamThe Paris-based financial group has been working with crypto
Bloomberg 1 hour ago
PYPL
Interactive Strength Set To Acquire Fitness Equipment Company In Equity Swap, Eyeing Revenue And Market Expansion

Interactive Strength Set To Acquire Fitness Equipment Company In Equity Swap, Eyeing Revenue And Market Expansion

Interactive Strength Inc. (NASDAQ:TRNR) shares are surging premarket on Thursday after the company inked a non-binding letter of intent and exclusivity agreement to acquire a connected-fitness equipment company. The target company has over $40 million in revenue and positive EBITDA, in a 100% equity consideration transaction. This acquisition supports its strategy of leveraging its public listing to acquire profitable, high-growth businesses in the fragmented global health & wellness market. The
Benzinga 1 hour ago
TRNR
Watch These Adobe Price Levels as Stock Slides After Disappointing Revenue Outlook

Watch These Adobe Price Levels as Stock Slides After Disappointing Revenue Outlook

Adobe shares fell sharply in premarket trading on Thursday after the multimedia software provider issued a weaker-than-expected revenue outlook. Monitor these key post-earnings price levels.
Investopedia 1 hour ago
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How To Earn $500 A Month From Broadcom Stock Ahead Of Q4 Earnings

How To Earn $500 A Month From Broadcom Stock Ahead Of Q4 Earnings

Analysts expect Broadcom Inc. (NASDAQ:AVGO) to report fourth quarter earnings at $1.39 per share after the closing bell on Thursday, Dec. 12. That would be up from $1.11 per share in the year-ago period. The Palo Alto, California-based company also projects quarterly revenue of $14.06 billion, compared to $9.29 billion a year earlier. With the recent buzz around Broadcom, some investors may be eyeing potential gains from the company's dividends. As of now, Broadcom offers an annual dividend yiel
Benzinga 1 hour ago
AVGO
Furniture Company Lovesac Stock Drops 20% After Lowered FY25 Outlook And Missed Q3 Revenue Estimates

Furniture Company Lovesac Stock Drops 20% After Lowered FY25 Outlook And Missed Q3 Revenue Estimates

The Lovesac Company (NASDAQ:LOVE) shares are trading lower in the premarket session on Thursday. The company reported a third-quarter loss per share of 32 cents, narrower than the street view of 35 cents loss. Quarterly sales of 149.905 million (down 2.7%) missed the analyst consensus estimate of $155.264 million. The decrease in net sales was primarily driven by a decrease of 8.3% in omni-channel comparable net sales, partially offset by the net addition of 28 new showrooms. During the third qu
Benzinga 1 hour ago
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5 Things to Know Before the Stock Market Opens

5 Things to Know Before the Stock Market Opens

News of the day for Dec. 12, 2024
Investopedia 2 hours ago
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