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News 2026-08-20 16:52 UTC

Treasury Raises Bond Buyback Size as Yields Rebound

Treasury Secretary Scott Bessent said Treasury will increase the maximum size of repurchases of 10- to 30-year government bonds from $2 billion to at least $4 billion per operation, after yields briefly fell and then rose again.

News 2026-07-02 12:39 UTC

Why Is Sandisk Stock Falling on Thursday?

Sandisk Corp. (NASDAQ: SNDK ) stock declined during Thursday’s trading session following a sector-wide profit-taking rotation out of high-momentum artificial intelligence hardware and memory chip stocks into AI software equities. The downturn also reflects investor focus on potential risks tied to Chinese memory manufa

News 2026-07-02 12:33 UTC

Vertex Says Casgevy Label Expansion Opens Treatment to 5,500 More Us Children

On Thursday, the U.S. Food and Drug Administration (FDA) approved an expanded label for Vertex Pharmaceuticals Incorporated ‘s (NASDAQ: VRTX ) Casgevy (exagamglogene autotemcel). The approval allows Casgevy to be used in patients aged 2 years and older with sickle cell disease (SCD), accompanied by recurrent vaso-occlu