Pinterest Reports Strong Third-Quarter Earnings Growth

Pinterest (NYSE:PINS) has announced a significant increase in its third-quarter earnings, highlighting the company's strong performance in a challenging economic environment. The social media platform attributes its success to strategic advertising initiatives and a growing user base, which have boosted revenue streams. The company's revenue increased by 43% year-over-year, reaching…

Redfin Struggles Amidst Market Headwinds

Redfin Corporation has faced significant market challenges in recent months, leading to a decrease in its U.S. market share. The company's earnings fell short of analysts' expectations, resulting in a revised financial outlook for the coming quarters. Redfin's market share has been under pressure due to increased competition from both…

Neurizon Therapeutics Gets European Orphan Drug Designation for NUZ-001

Highlights: Notice of positive opinion received from the European Medicines Agency for Orphan Medicinal Product Designation for NUZ-001 in Amyotrophic Lateral Sclerosis Orphan Designation offers 10 years of market exclusivity in Europe upon product approval, along with additional regulatory and commercial benefits Positions Neurizon to advance the development of NUZ-001 for patients…

Canaan and HIVE Partner on Avalon A1566 Miner Deal

Continues North American Expansion with Order from Long-term Customer SINGAPORE, Nov. 11, 2024 — Canaan Inc. (NASDAQ: CAN) (“Canaan” or the “Company”), a leading high-performance computing solutions provider, today announced that Canaan Creative Global Pte. Ltd. (“CCG”), a wholly owned Singapore subsidiary of the Company, has entered into a purchase…