Illumina, a global leader in genomics, announced this week that it will be acquiring the remaining stake in Jeff Bezos-backed gene-sequencing company Grail that it doesn’t already own for $8 billion in cash and stock. The early stage cancer-detection healthcare company, backed by Amazon CEO Jeff Bezos, said that it will acquire Grail for $3.5 … Continue reading “Illumina Says it Will Purchase Bezos-Backed Grail for $8B”
Author: Sophia Vida
Sofia has been writing for major news outlets for over 15 years. In her spare time she enjoys hiking, walking her dogs, and going to concerts.
McDonald’s Promotion with Travis Scott Has Caused Cops to Get Involved
Rapper Travis Scott has a promotion going with fast food giant McDonald's that has caused…
September 18, 2020
Hot Stocks
Kraft Heinz Stock Gets Upgraded Twice
Two analysts are feeling optimistic about the future of Kraft Heinz. he food company just…
September 18, 2020
Featured
Snowflake Pops Over 100% in Wall Street Debut
Cloud-based data management company Snowflake made its debut in the market this week, soaring 112%…
September 18, 2020
Hot Stocks
Tapestry Shares Soar as Analyst Calls Stock Too Cheap
Shares of Tapestry, the parent company of Kate Spade and Coach, were soaring 9% on…
September 18, 2020
Hot Stocks
Roku Shares Pop on Key Banc Capital Markets Gives Stock Bullish Rating
Shares of streaming device maker Roku Inc. saw big gains this week after KeyBanc Capital…
September 18, 2020
Yelp Says 60% of Coronavirus-driven Business Closures are Permanent
The COVID-19 pandemic has hit many businesses hard this year and some that had to…
September 18, 2020
Company News
Merck & Co to Buy $1B Stake in Seattle Genetics
Drugmaker Merck & Co Inc. revealed on Monday that it is buying a $1 billion…
September 15, 2020
Hot Stocks
PepsiCo Will Launch a Sleep Aid Drink Amid Coronavirus
Many people would agree that 2020 being a stressful year is an understatement. One of…
September 15, 2020
Biotech & Pharma
Gilead to Buy Cancer-drug Company Immunomedics for $21B
Over the weekend Gilead announced that it has agreed to purchase cancer-drug company Immunomedics for…
September 15, 2020
Hot Stocks
DraftKings Shares Explode on ESPN Deal
Shares of DraftKings were soaring on Monday as Wall Street learned that the company had…
September 15, 2020
Oracle Beats Microsoft for TikTok Deal
On Monday Oracle announced that it has struck a deal with TikTok's owner ByteDance to…
September 15, 2020
Hot Stocks
Softbank is Selling Arm Holdings to Nvidia for $40B
According to an announcement made over the weekend from both SoftBank and Nvidia, the former…
September 15, 2020
Company News
This is How Jc Penney Could Be Rescued From Bankruptcy
U.S. mall owners Simon and Brookfield could be saving JC Penney from bankruptcy in an…
September 11, 2020