02:12 PM EDT, 09/13/2024 (MT Newswires) -- (Updated to clarify fourth paragraph.) Advance Auto Parts ( AAP ) faces significant near- and longer-term hurdles even as the company's new leadership demonstrates a strategic focus and energy, Oppenheimer said after a meeting with senior executives Thursday. We continue to advise clients to remain on the sidelines with AAP until evidence of...

02:13 PM EDT, 09/13/2024 (MT Newswires) -- Nvidia ( NVDA ) received the US government's nod earlier this year to sell advanced chips to United Arab Emirates-based artificial intelligence firm G42, Semafor reported Friday, citing a person familiar with the matter. The approval has not been previously reported. US lawmakers have in the past raised concerns about G42's possible ties...

01:48 PM EDT, 09/13/2024 (MT Newswires) -- Cipher Pharmaceuticals ( CPHRF ) shares were last seen down 16% after the company on Friday said its partner, Moberg Pharma AB, has received an update on an ongoing North American Phase 3 study for MOB-015, a product for the treatment of nail fungus. Moberg noted that the number of patients who have...

01:41 PM EDT, 09/13/2024 (MT Newswires) -- Health care stocks advanced Friday afternoon with the NYSE Health Care Index up 0.3% and the Health Care Select Sector SPDR Fund (XLV) gaining 0.4%. The iShares Biotechnology ETF (IBB) climbed 1.4%. In corporate news, MBX Biosciences (MBX) shares debuted on Nasdaq with an opening of $23, above the initial public offering price...