Fundstrat Global Advisors‘ head of research Tom Lee believes Monday’s massive tech sector sell-off, which saw Nvidia Corp. ( NVDA ) shares plunge 17%, represents a buying opportunity rather than a fundamental shift in the artificial intelligence landscape. What Happened: “To me, it’s an overreaction,” Lee told CNBC’s “Closing Bell,” comparing the drop to Nvidia’s March 2020 decline that proved...

04:58 AM EST, 01/28/2025 (MT Newswires) -- (Updates with attribution to Chevron ( CVX ) throughout and additional information in the last two paragraphs.) Chevron ( CVX ) said its Cabinda Gulf Oil operations in Angola have resumed normal operations after an oil sheen and debris were found nearby along the Atlantic Ocean coastline. About five barrels of oil were...

04:49 AM EST, 01/28/2025 (MT Newswires) -- Drugs Made In America Acquisition (DMAA) said late Monday it priced an initial public offering of 20 million units at $10 each. The company granted the underwriter a 45-day option to purchase up to an additional 3 million units. Each unit consists of one ordinary share and one right to receive one-eighth of...

04:57 AM EST, 01/28/2025 (MT Newswires) -- AstraZeneca ( AZN ) and Daiichi Sankyo said their drug Enhertu has been approved in the US for the treatment of adult patients with certain types of inoperable breast cancer that has progressed on one or more endocrine therapies. The drug, also known as fam-trastuzumab deruxtecan-nxki, has specifically been approved for use in...