Author: Multibagger News

On Wednesday, Piper Sandler reaffirmed its Overweight rating on Pacira Pharmaceuticals (NASDAQ:) stock with a price target of $42.00. The decision followed the Food and Drug Administration’s (FDA) approval of eVenus’ abbreviated new drug application (aNDA) for a generic version of Exparel, Pacira’s flagship product. Despite the complexities of creating a generic for a liposomal bupivacaine formulation and the stringent requirements set by the FDA for demonstrating substantial equivalence, eVenus succeeded in receiving the approval. The analyst from Piper Sandler expressed surprise at the FDA’s decision, noting the high barriers to entry for generics in this space and Pacira’s own…

On Wednesday, Piper Sandler reaffirmed its Overweight rating on Pacira Pharmaceuticals (NASDAQ:) stock with a price target of $42.00. The decision followed the Food and Drug Administration’s (FDA) approval of eVenus’ abbreviated new drug application (aNDA) for a generic version of Exparel, Pacira’s flagship product. Despite the complexities of creating a generic for a liposomal bupivacaine formulation and the stringent requirements set by the FDA for demonstrating substantial equivalence, eVenus succeeded in receiving the approval. The analyst from Piper Sandler expressed surprise at the FDA’s decision, noting the high barriers to entry for generics in this space and Pacira’s own…

Georgetown, Cayman Islands, July 2nd, 2024, Chainwire DG Labs Ltd (DeFi.Gold) proudly announces the release of the public alpha version of its highly anticipated NFT marketplace, now featuring support for Ordinals. This significant milestone marks the beginning of a new era in digital asset trading and ownership. The public alpha release provides users with an early glimpse into the revolutionary decentralized marketplace designed to empower creators, collectors, and investors in the burgeoning NFT space. By supporting Ordinals, DG Labs Ltd ensures a seamless experience for users to tokenize, trade, and showcase unique digital assets with enhanced precision and versatility. The…

On Wednesday, Loop Capital maintained a Buy rating on Reddit (NYSE: RDDT) stock and increased the shares target from $60.00 to $75.00. The firm’s decision follows the social media company’s recent licensing agreement with OpenAI. Loop Capital’s analysts have updated their financial model for Reddit, resulting in a raised revenue forecast of an additional $15 million for the current year and $20 million for the following year. The analyst at Loop Capital highlighted the significance of the OpenAI licensing deal in their decision to revise the price target upwards. According to their statement, the agreement prompted a review and subsequent…

Vancouver, Canada, July 3rd, 2024, Chainwire Chibi Clash, a fantasy web3 gaming universe, has unveiled its Kingdoms Alliance Event, running from July 2nd to July 22nd, allowing players to compete for rewards. This event marks a collaborative effort among 21 partner projects within the Chibi Clash ecosystem, including AI Arena, Apeiron, Pixelmon, Pirate Nation, Shrapnel, The Beacon, Xterio, Yield Guild Games (YGG). The Kingdoms Alliance Event transforms the Chibi Clash Kingdoms map into a dynamic battleground. Participants pledge allegiance to one of the 21 partner projects, forming alliances to engage in a three-week competition across 2,496 strategic land plots. This…

Investing.com– Bitcoin price fell on Wednesday, extending losses seen earlier in the week as traders remained largely averse to the token amid concerns that distributions from the defunct exchange Mt Gox will spark a mass sales of the token.  Sentiment towards broader crypto markets also remained dour amid uncertainty over U.S. interest rates, with a recent drop in the dollar doing little to deter weakness in the sector. fell 3.3% in the past 24 hours to $60,976.6 by 01:14 ET (05:14 GMT). The world’s biggest cryptocurrency was nursing steep losses through June and remained squarely within a trading range established…

Miami, USA, July 2nd, 2024, Chainwire Inverted Investment Advances 13 Projects, Led by INFI CDEXINFI MultiChain CDEX Achieves $1 Billion in Total Value Swapped, 98% User SatisfactionINFI Token Holders to Benefit from Community-Driven InitiativesINFI MultiChain, a leader in decentralized exchange technology, has launched the ©SbSe Protocol, setting a new standard in digital payment infrastructure within the WEB4 framework. This development aims to bridge real-world enterprises and blockchain networks, marking a significant leap in blockchain adoption. The INFI MultiChain CDEX, the world’s first trading platform powered by the ©SbSe Protocol, reports $1 billion in total value swapped, a 98% user satisfaction…

By John Kruzel WASHINGTON (Reuters) – The U.S. Supreme Court’s divisions deepened over its nine-month term that culminated this week with a ruling powered by its 6-3 conservative majority granting former President Donald Trump substantial criminal immunity for actions taken in office. A term during which the court constrained the U.S. government’s ability to regulate industry – following recent terms when it rolled back abortion rights, expanded gun rights and rejected race-conscious collegiate admissions – laid bare ideological fractures that mirror a profoundly divided nation. Those rulings and others have moved American law sharply rightward. Liberal Justice Sonia Sotomayor accused…

JERUSALEM (Reuters) -Two people were wounded in a stabbing attack in an Israeli mall on Wednesday, Israeli police said. Israel’s Channel 12 reported that one of the two victims had been killed and was confirmed dead by Israeli doctors. Police called it a suspected terror attack and said the attacker was killed. The mall is in Karmiel, northern Israel. Israeli medics said they had treated two men in their 20s, one in a very serious condition and the other fully conscious. Video from the scene that was shared on social media and seen by Reuters showed two men lying motionless…

By Tetsushi Kajimoto TOKYO (Reuters) -Japanese companies delivered the biggest wage hikes in three decades this year, the nation’s largest union said on Wednesday, prompted by labour shortages and an inflationary squeeze on household income. Workers’ monthly pay will rise 5.10% on average this fiscal year, according to a survey of companies conducted since March by union group Rengo, which has about 7 million members. The outcome of the “shunto” – spring labour negotiations – is seen as key for Japan as policymakers try to engineer a stronger and sustainable economic recovery, with higher household income and spending offsetting the…