May 11, 2023

IntelGenx Technologies Corp. IGXT reported on Thursday a 32% decrease in total revenues for the first quarter of 2023, amounting to $162,000 as compared to $237,000 in the same period last year.  The company’s net comprehensive loss was $2.9 million, slightly lower than the $3.0 million loss in the first quarter of 2022. Adjusted EBITDA loss increased […]

A whale with a lot of money to spend has taken a noticeably bearish stance on Humana. Looking at options history for Humana HUM we detected 10 strange trades. If we consider the specifics of each trade, it is accurate to state that 30% of the investors opened trades with bullish expectations and 70% with

ReWalk Robotics Ltd. RWLK reported the first quarter of fiscal 2023 revenues of $1.23 million, missing the consensus estimate of $2 million. Revenues rose 40% year over year. The medical device company reported an adjusted EPS of ($0.07) loss, beating the analyst estimate of ($0.08) loss. Revenues rose on the back of higher sales of ReWalk

Bitcoin mining company Marathon Digital MARA received a second subpoena from the U.S. Securities and Exchange Commission (SEC) concerning its 100-megawatt data center located in Hardin, Montana. Marathon disclosed in a quarterly report on May 10 that the subpoena, issued on April 10, was connected to “transactions with related parties” that took place during the

With the coronavirus pandemic seemingly in our rearview mirror, many business leaders are looking for new ways to incentivize employees to return to the office. However, with only 3% of employees operating entirely on-site, compared to 44% working fully from home, there is hesitation among the remote and hybrid workforces to accept these plans. This

The uncertainty surrounding raising the debt ceiling has worried economists and the markets, with some of them out with doomsday predictions. What Happened: Unperturbed by the dire consequences a default can have on the global economy and the U.S. in particular, the Biden administration and the Republicans continue to wrangle over the specifics of a

Former President Donald Trump on Wednesday reportedly urged Republican lawmakers to let the United States default on its national debt if Democrats don’t reach a consensus on spending cuts. “I say to the Republicans out there — congressmen, senators — if they don’t give you massive cuts, you’re going to have to do a default,”

Goldman Sachs chief economist Jan Hatzius told clients he views today’s consumer price index report “as supportive of our call for a pause at the June FOMC meeting because the shelter stepdown looks increasingly durable.”  Shelter costs, which comprise about one-third of the CPI weighting, increased another .4% in April on the month and up 8.1% compared to the