03:47 PM EDT, 08/22/2024 (MT Newswires) -- Zenas BioPharma (ZBIO) said Thursday that it launched an initial public offering of its common stock. The company applied to list its shares on the Nasdaq Global Market under the symbol ZBIO. Zenas said it plans to use the net proceeds from the IPO to advance the clinical development of obexelimab and the...

Zoom Video Communications, Inc. ( ZM ) shares are trading higher Wednesday after the company posted better-than-expected second-quarter financial results. Here's a look at the details from the report.  The Details: Zoom reported quarterly earnings of $1.39 per share which beat the analyst consensus estimate of $1.21 by 14.88%. Quarterly revenue of $1.16 billion also beat the consensus estimate and...

Aug 21 (Reuters) - Microsoft ( MSFT ) on Wednesday cut its first-quarter intelligent cloud forecast, the technology giant said in an investor presentation. The company now expects intelligent cloud revenue to be between $23.80 billion and $24.10 billion, compared with its prior expectations of $28.6 billion and $28.9 billion. (Reporting by Jaspreet Singh in Bengaluru; Editing by Arun Koyyur)...

WASHINGTON, Aug 22 (Reuters) - NASA on Thursday said it expects to announce on Saturday its decision on whether the two astronauts who rode Boeing's ( BA ) glitchy Starliner spacecraft to the International Space Station will need a SpaceX vehicle to return to Earth. ...