US stock market

British pharmaceutical giant AstraZeneca said on Tuesday that it aims to reach sales of $80 billion by 2030, nearly double from $45.8 billion in 2023.

Gelonghui, May 21 | Chinese auto stocks and U.S. stocks fell collectively before the market opened. Among them, Xpeng Motors fell more than 4% to US$7.94.

Biocon Biologics Ltd, a subsidiary of Biocon Ltd, secured U.S. FDA approval for Yesafili, an interchangeable biosimilar to Eylea (aflibercept). Yesafili is designed to treat ophthalmological conditions, including neovascular age-related macular degeneration, visual impairment due to macular edema secondary to retinal vein occlusion, diabetic macular edema, and myopic choroidal neovascularization.

Gold hits record highs as optimism grows over U.S. interest rate cuts this year and geopolitical tensions rise in the Middle East

Workhorse (WKHS.US) U.S. stocks rose 4.17% before the market opened, at $0.25

The Indian benchmark indices witnessed a strong bounce last week. Sensex, Nifty 50 and the Nifty Bank index broke their supports initially, but did not get a strong follow-through selling. The indices bounced back sharply from their lows and have closed the week on a positive note. The intra-week price action also indicates that the indices are getting strong buyers at lower levels. That leaves the outlook positive for the Sensex, Nifty and Nifty Bank index for the coming week.

Target: ₹2,650

Polestar announced on May 17 that due to the failure to submit its annual report as of December 31, 2023, the company received a notice from Nasdaq confirming that the company did not comply with the provisions of the Nasdaq listing rules. requires the timely filing of all required periodic financial reports with the Securities and Exchange Commission

JPMorgan CEO Jamie Dimon said in an interview at the JPMorgan Global Markets Conference on Thursday that the market is underestimating how long inflation is likely to last because a series of factors are keeping prices rising.

A former chief economist of the Bank of Japan said that from the perspective of the space to adjust excessively loose policies, the Bank of Japan may raise interest rates up to three times this year, and the next action may be as early as June.