Ascendis Pharma faces negative sentiment after Novo returned TransCon rights, compounding prior partner exits and pipeline disappointments. Despite pipeline contraction, ASND's approved products—Skytrofa, Yorvipath, and Yuviwel—show robust growth, and Yorvipath net sales should exceed $1.1 billion this year. Yuviwel's strong U.S. launch and favorable BioMarin settlement provide freedom to operate.
The United States is finally starting to dig itself out of a rare earth metals hole it spent decades digging. The effort got a boost on July 29, when Energy Fuels announced that construction has begun on a commercial-scale expansion at its White Mesa Mill in Utah.
Two hundred and fifty years after the signing of the Declaration of Independence, a new commercial from Google asks: What if the Founding Fathers had access to Google Workspace?
Abu Dhabi's International Holding Company plans to invest $11.5 billion in an integrated aluminium project in the eastern Indian state of Odisha in a joint venture with India's Adani Group, marking the country's largest foreign investment in mining and metallurgy, a state official said on Thursday.
Independence Realty Trust, Inc. has outperformed the S&P 500 due to its strong portfolio of multifamily properties and strategic focus on the sunbelt region. IRT's Q4 earnings showed mixed results, but net income improved significantly, and the REIT continues to expand its portfolio with strategic acquisitions. Despite a higher valuation, IRT's strong dividend coverage and potential for future growth make it a compelling investment, especially with ongoing population shifts to the sunbelt.
Trump's energy independence push may fuel U.S. oil output, but will WTI prices lag Brent? Discover how policy shifts could shape crude oil markets during his presidency.
Even though it has only been trading publicly for a little over a month, the stock for Everus Construction Group is off to a strong start. In its first quarter of reporting as an independent company, Everus announced strong profit margins, a PE ratio below its peers, and a reasonable debt load. The company should benefit from a double-digit increase in capex for utility construction in 2025 and continued growth in various renewable energy segments.
Independence Realty Trust, Inc. has surged by approximately 25% year-to-date, likely driven by lower U.S. interest rates and asset class discounts. Despite boasting solid occupancy rates and rental escalation prospects, the REIT faces headwinds from a potential retracement to supply-demand equilibrium in the residential housing market. Short-term headwinds from the hurricane season and share issuances are probably material. However, the extent of their impact remains debatable.
Independence Realty Trust is a multifamily REIT with significant exposure to the Sun Belt region. The REIT has outperformed the Vanguard Real Estate Index Fund ETF by roughly 24% in 2024. Core FFO was flat Y/Y in Q2 2024 but the REIT increased its full-year outlook due to better expense control.
Americans are willing to spend less this fourth of July amid sticky inflation but travel more than ever.
Payroll growth expected to drop to 200,000 in June, with unemployment rate at 4% and average hourly earnings growth at +0.3%. Microsoft alerts customers about hacking.