PRE-MARKET MOVERS
1. CNAT, NVS: $CNAT Conatus Pharmaceuticals, Novartis $NVS Enter Collaboration and License Agreement for Emricasan
3. ACAD: $ACAD ACADIA Pharmaceuticals Announces Positive Top-Line Results From Phase II Study of Pimavanserin
5. FRED, RAD, WBA: $RAD Walgreens $WBA, Rite Aid Divest 865 Stores To Fred’s Pharmacy For $850M – Forbes $FRED
8. NVDA: $NVDA Goldman Sachs Sees 27% Upside in NVIDIA and Adds Stock to Conviction Buy List. $129 PT
UPGRADES
3. AMD, INTC, NVDA:AMD upgraded to Buy on deep learning and AI opportunity at Mizuho $AMD $NVDA $INTC
5. CG:$CG CitiGroup Upgrades Carlyle Group to Buy from Neutral, $19.50 PT
6. CLVS:$CLVS upgraded to Neutral From Sell by Chardan. PT $36
DOWNGRADES
EARNINGS
Trending Social Alerts
2. TSRO:$TSRO Announces Priority Review Designation for Niraparib NDA PDUFA 06/30/17
3. FRED:$FRED Halt – News Pending. Halt time: 08:27:05.
4. ACAD:$ACAD Announces Positive Top-Line Results From Phase II Study of Pimavanserin for Alzheimer’s Disease Psychosis
5. GIS:$GIS misses on revs
6. NVDA:$nvda was listed a buy on my note at $95 & some bought it down yesterday. On today’s $gs upgrade its up 2%. I’d trim, not Chase or initiate
8. CNAT:$cnat Suntrust sees deal as transformational & raises PT to $26
Trending News Headlines
1. ACADIA Pharmaceuticals Announces Positive Top-Line Results From Phase II Study of Pimavanserin for Alzheimer’s Disease Psychosis | Business Wire
2. Akebia Gets $265M From Otsuka to Bankroll Anemia Drug Push | Xconomy
3. Praxair, Linde to Merge Into Industrial-Gas Giant Worth $67 Billion
4. Apple Is Discussing Manufacturing in India, Government Officials Say
5. Akebia funds late-stage studies of anemia pill with partnership for U.S. commercial rights
6. Facebook accused of misleading EU regulators during $22 billion WhatsApp deal
7. dough on Twitter
“@BioStocks $CELG – how can $CELG not be a FOCUS stock in 2017”
8. BlackBerry ups outlook, adjusted earnings beat; shares rise
9. Linde, Praxair agree on outline for 50-50 merger
10. Ex-Deutsche Bank Russia Trader Accused of Stock Manipulation
Technology News
1. Uber will lose $3B on $5.5B in sales. Like selling a dollar for 30 cents. Is this a real business?
- Uber a closely held company based in San Francisco has stayed mum about its financial performance even as its valuation has soared to billion making it more valuable on paper than General Motors and Twitter combined.
- You will now receive the Game Plan newsletter The slowdown in Uber bookings growth can at least partially be explained by the company decision to leave China.
- Uber said on that it came to an agreement with Didi Chuxing to exit China in exchange for percent of the Chinese company.
- Justice Minister Heiko Maas told the daily Süddeutsche Zeitung the government would set legal consequences if removal rates of hate messages and false news did not increase.
- Patrick Sensburg a member of the CDU said in an interview with DW on Tuesday that the government needs to consider ratcheting up the statutory offenses against fake news producers and take action against the people who run these websites.
- They could play a corrective role by presenting truthful content and publishing their results in an accessible form he argued and suggested that taking advantage of the changes in digital communication would be a more effective measure against false news and hate messages than the use of criminal law.
- Read comments from top tech and industry leaders.
- disappointed by early reviews and sales of the smartphone game Mario sold more Nintendo shares Monday with some analysts expressing concern over the payment model.
- Nintendo shares finished down in Tokyo Stock Exchange trading extending a losing streak to five days during which the stock has fallen more than.
- The stock had risen more than in the space of a month before beginning.
- Airbnb may acquire an online travel agency or license data from a provider such as Amadeus IT Group SA or Sabre said the people who asked not to be identified discussing unfinished products.
- Airbnb CEO Brian Chesky gave a presentation last month in Los Angeles where he showed off new designs for the company website and apps.
- This is where Airbnb intends to provide suggestions for the best airfare options based on price travel time and expected weather conditions said the people familiar with the plans.
- Teen app sensation Houseparty will get some competition as Facebook Messenger is launching its own group video chat feature.
- Six users can appear in at the time and don selfie masks while total can listen and talk over voice while sending text stickers emojis and GIFs.
- The feature could make a Messenger a place to with friends rather than just a way to send texts to exchange more utilitarian information or plan logistics.
- Messenger has a simple framework for building bots and it automatically handles many things for you working across both iOS and Android supporting text image and audio content reliably delivering push notifications managing identity and permissions for different people and more.
- In the near term the clearest next steps are building an Android app setting up Jarvis voice terminals in more rooms around my home and connecting more appliances.
- AI is closer to being able to do more powerful things than most people expect driving cars curing diseases discovering planets understanding media.
- I go through a formal Bootcamp Zuckerberg told me last week in the spacious living room of his classic Palo Alto California home where I come for a Jarvis demo and the first interview he has given about this year project.
- When you visit Mark house set well back on a lot on a quiet leafy street in a very posh Silicon Valley neighborhood Jarvis recognizes you and automatically alerts him that you arrived.
- Sitting on a dark green couch in his living room with Beast his dreadlocked Hungarian Sheepdog by his side Zuckerberg seemed relaxed as he explained how the system built over the last year has made things occasionally him Priscilla and Max.