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Shares of CARGO Therapeutics, Inc. ( NASDAQ:CRGX – Get Free Report ) gapped down prior to trading on Thursday . The stock had previously closed at $14.66, but opened at $14.36. CARGO Therapeutics shares last traded at $14.37, with a volume of 4,156 shares trading hands. Analyst Ratings Changes A number of analysts recently weighed in on the stock. William Blair started coverage on shares of CARGO Therapeutics in a research report on Tuesday, November 26th. They set an “outperform” rating for the company. HC Wainwright reaffirmed a “buy” rating and issued a $33.00 target price on shares of CARGO Therapeutics in a research report on Friday, November 15th. Finally, Chardan Capital reiterated a “buy” rating and set a $28.00 target price on shares of CARGO Therapeutics in a report on Wednesday, November 13th. Six analysts have rated the stock with a buy rating, According to MarketBeat, CARGO Therapeutics currently has an average rating of “Buy” and an average target price of $31.80. Read Our Latest Research Report on CRGX CARGO Therapeutics Price Performance CARGO Therapeutics ( NASDAQ:CRGX – Get Free Report ) last posted its quarterly earnings data on Tuesday, November 12th. The company reported ($0.88) earnings per share (EPS) for the quarter, topping the consensus estimate of ($1.14) by $0.26. As a group, equities research analysts predict that CARGO Therapeutics, Inc. will post -3.73 earnings per share for the current fiscal year. Institutional Inflows and Outflows Large investors have recently added to or reduced their stakes in the stock. Rhumbline Advisers raised its stake in shares of CARGO Therapeutics by 14.0% in the 2nd quarter. Rhumbline Advisers now owns 30,639 shares of the company’s stock valued at $503,000 after purchasing an additional 3,765 shares in the last quarter. JPMorgan Chase & Co. raised its stake in CARGO Therapeutics by 74.9% during the third quarter. JPMorgan Chase & Co. now owns 15,007 shares of the company’s stock valued at $277,000 after buying an additional 6,426 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in CARGO Therapeutics by 11.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 69,171 shares of the company’s stock worth $1,136,000 after buying an additional 7,146 shares during the last quarter. MetLife Investment Management LLC grew its position in shares of CARGO Therapeutics by 59.3% in the 3rd quarter. MetLife Investment Management LLC now owns 19,833 shares of the company’s stock worth $366,000 after acquiring an additional 7,380 shares in the last quarter. Finally, BNP Paribas Financial Markets increased its holdings in shares of CARGO Therapeutics by 437.8% in the 3rd quarter. BNP Paribas Financial Markets now owns 11,438 shares of the company’s stock valued at $211,000 after acquiring an additional 9,311 shares during the last quarter. 93.16% of the stock is currently owned by institutional investors. About CARGO Therapeutics ( Get Free Report ) CARGO Therapeutics, Inc, a clinical-stage biotechnology company, develops chimeric antigen receptor (CAR) T-cell therapies for cancer patients. The company's lead program is CRG-022, an autologous CD22 CAR T-cell product candidate designed to address resistance mechanisms by targeting CD22, an alternate tumor antigen that is expressed in B-cell malignancies. Read More Receive News & Ratings for CARGO Therapeutics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CARGO Therapeutics and related companies with MarketBeat.com's FREE daily email newsletter .ED names Russian man behind 800 crore OctaFX scam
Qatar Medicare concludes on a high note with over 6,000 visitorsThe Texas Supreme Court on Friday overturned a lower court ruling that state Attorney General Ken Paxton testify in a whistleblower lawsuit at the heart of impeachment charges brought against him in 2023. The court on Friday said Paxton’s office does not dispute any issue in the lawsuit by four former Paxton employees and agreed to any judgment in the case. “In a major win for the State of Texas, the state Supreme Court has sided with Attorney General Paxton against former OAG employees whose effort to prolong costly, politically-motivated litigation against the agency has wasted public resources for years," a statement from Paxton's office said. An attorney for one of the plaintiffs declined immediate comment, and a second attorney did not immediately return a phone call for comment. The former employees allege they were improperly fired or forced out for bringing to the FBI allegations that Paxton was misusing his office to protect a friend and campaign donor, who in turn, they said, was helping the attorney general to conceal an extramarital affair. The Supreme Court ruling noted that the Texas governor and Legislature have expressed a desire to hear testimony from the witnesses prior to agreeing to appropriate funds to settle the lawsuit. The court said forcing Paxton, First Assistant Attorney General Brent Webster, Chief of Staff Lesley French Henneke and senior advisor Michelle Smith to testify earlier could improperly be used for legislative purposes in deciding any appropriation. Under the preliminary deal , Paxton agreed to apologize to the former employees for calling them “rogue” employees, settle the case for $3.3 million and ask the state to pay for it, prompting the state House to reject the request and begin its own investigation, leading to the vote to impeach him. Paxton was ultimately acquitted after a Senate trial. The Supreme Court termed its ruling conditional upon the lower trial court complying with the decision, while saying it is “confident the trial court will comply” with the order. Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.
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Redmi 14C 5G India Launch: The Redmi 14C 5G is likely to be a rebranded version of the Redmi 14R 5G, which debuted in China this September. Redmi 14C 5G India Launch: Xiaomi sub-brand has officially announced the launch date of the Redmi 14C 5G smartphone in India as well as select global markets after launching the Redmi Note 14 series. The handset will launch in India on January 6, 2025, according to an official landing page. It will be arriving as the successor to the Redmi 13C 5G handset that debuted in the country last December in the year 2024. Both Flipkart and Amazon have put up a microsite confirming the smartphone’s availability on the e-commerce platforms respectively. As per the microsite, the upcoming smartphone will be available in Purple with a gradient finish, Black, and Blue with star trails-like design colour options. The Redmi 14C 5G is likely to be a rebranded version of the Redmi 14R 5G, which debuted in China this September. Redmi 14C 5G Price In India And Availability (Expected) According to reports, the Redmi 14C is expected to be priced between Rs 11,000 to Rs 12,000. However, the company has not confirmed the exact details of the pricing as of now. A live Amazon microsite for the handset hints at its eventual Amazon availability alongside the company e-store. Redmi 14C 5G Specifications (Expected) The smartphone is anticipated to feature a 6.68-inch HD+ LCD display with a smooth 120Hz refresh rate, promising an immersive viewing experience. The device is expected to run on Android 14-based HyperOS, delivering a seamless and intuitive user interface. The smartphone is expected to run on Android 14-based HyperOS, delivering a seamless and intuitive user interface. Under the hood, the phone could be powered by the Snapdragon 4 Gen 2 SoC, paired with a robust 5,160mAh battery supporting 18W fast charging for extended usability. On the photography front, the handset is set to sport a 50MP AI-powered main camera, complemented by a 5MP front camera for selfies. The rear camera module is a standout design element, featuring a centrally placed circular module that houses a dual-camera setup and an LED flash unit. Stay informed on all the latest news , real-time breaking news updates, and follow all the important headlines in india news and world News on Zee News.
NoneBy FATIMA HUSSEIN WEST PALM BEACH, Fla. (AP) — President-elect Donald Trump on Saturday threatened 100% tariffs against a bloc of nine nations if they act to undermine the U.S. dollar. His threat was directed at countries in the so-called BRIC alliance, which consists of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran and the United Arab Emirates. Turkey, Azerbaijan and Malaysia have applied to become members and several other countries have expressed interest in joining. While the U.S. dollar is by far the most-used currency in global business and has survived past challenges to its preeminence, members of the alliance and other developing nations say they are fed up with America’s dominance of the global financial system . The dollar represents roughly 58% of the world’s foreign exchange reserves, according to the IMF and major commodities like oil are still primarily bought and sold using dollars. The dollar’s dominance is threatened, however, with BRICS’ growing share of GDP and the alliance’s intent to trade in non-dollar currencies — a process known as de-dollarization. Trump, in a Truth Social post, said: “We require a commitment from these Countries that they will neither create a new BRICS Currency, nor back any other Currency to replace the mighty U.S. Dollar or, they will face 100% Tariffs, and should expect to say goodbye to selling into the wonderful U.S. Economy.” At a summit of BRIC nations in October, Russian President Vladimir Putin accused the U.S. of “weaponizing” the dollar and described it as a “big mistake.” “It’s not us who refuse to use the dollar,” Putin said at the time. “But if they don’t let us work, what can we do? We are forced to search for alternatives.” Russia has specifically pushed for the creation of a new payment system that would offer an alternative to the global bank messaging network, SWIFT, and allow Moscow to dodge Western sanctions and trade with partners. Trump said there is “no chance” BRIC will replace the U.S. dollar in global trade and any country that tries to make that happen “should wave goodbye to America.” Research shows that the U.S. dollar’s role as the primary global reserve currency is not threatened in the near future. An Atlantic Council model that assesses the dollar’s place as the primary global reserve currency states the dollar is “secure in the near and medium term” and continues to dominate other currencies. Trump’s latest tariff threat comes after he threatened to slap 25% tariffs on everything imported from Mexico and Canada, and an additional 10% tax on goods from China, as a way to force the countries to do more to halt the flow of illegal immigration and drugs into the U.S. He has since held a call with Mexican President Claudia Sheinbaum, who said Thursday she is confident that a tariff war with the United States can be averted. Canadian Prime Minister Justin Trudeau returned home Saturday after meeting Trump, without assurances the president-elect will back away from threatened tariffs on Canada.In Pictures: Politics frames the debate as Ireland holds five ballots in 2024
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