KOMP

SPDR S&P Kensho New Economies Composite ETF

The new price target of $8.50 implies an upside of nearly 31% from the stock’s closing price on Monday.

JPMorgan expects the global passenger electric vertical take-off and landing aircraft market to grow to $100 billion by 2040 and noted that EHang holds certificates in China that make it "uniquely positioned to scale from prototypes to a commercial model," as per TheFly.

Kodak ventured into pharmaceuticals after the company was awarded a $765 million federal loan in 2020, aimed at producing pharmaceutical ingredients, as part of a broader effort during the pandemic to strengthen the nation’s medical supply chain.

HIVE mined 139 Bitcoin in May, averaging about 4.5 BTC per day, while maintaining an average network hashrate of 8.5 EH/s.

The $45 million purchase was financed using the company’s available cash, which stood at $61.3 million as of the end of March, bolstered by proceeds from its at-the-market equity offering.

CHMP has recommended that the European Commission approve the therapy for treating adult patients over the age of 26 with relapsed or refractory B-cell precursor acute Lymphoblastic Leukemia.

Despite 10% revenue growth and an expanded gross margin, the company posted a net loss due to a $556 million goodwill charge.

The temporary U.S. layoffs affect factories in Michigan and Indiana, while the Ontario plant in Canada will shut down for two weeks, and the Toluca facility in Mexico will remain closed through April.

The company reported a full-year 2024 net profit of €5.47 billion ($5.72 billion), down from €18.6 billion a year earlier, with EPS falling to €1.84 from €5.94.