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7 mentions found


☆ Robots and AI are being used to help women get pregnant. Is this the future of IVF?
  + stars: | 2024-05-18 | by ( Blake Dodge | ) www.businessinsider.com   time to read: +21 min
There, a startup called Conceivable Life Sciences is automating the IVF lab from start to finish. Conceivable Life SciencesEleven women so far have become pregnant with help from one or more of these Conceivable robots. Conceivable Life Sciences"No baby, no fee"Today, IVF demand is surging, despite the treatment being slow, uncertain, and expensive. Conceivable's future IVF lab. Conceivable Life SciencesFrom prayer to AIHalf a continent away, a physician was growing frustrated by the constraints of his job.
Persons: —, robotically, embryologist Jacques Cohen, Cohen, Joshua Abram, Conceivable's, Abram, Lora Shahine, Emma wasn't, Emma, Alan Murray, Murray, — embryologists, that's, Alejandro Chávez, Badiola, REI, didn't, Conceivable's cofounders, Dr, REIs, What's, Langham, Conceivable's cofounders tinker, Tesla, Brian Bixon, Gerardo Mendizabal, Ruiz, Bixon, Carla Patricia Barragan Álvarez, OBGYNs, aren't, Eduardo Hariton, Hariton Organizations: Service, Business, Sciences, BI, New York City, pipettes, Life Sciences, San, Langham Hotel, Quest Diagnostics Locations: Guadalajara, Mexico, New York, Seattle, pipettes, Petri, San Francisco, London, Abram, Mexico City
☆ SoftBank's View files for bankruptcy 3 years after its SPAC. Here's how it went from investor darling to problem child.
  + stars: | 2024-04-03 | by ( Hayley Cuccinello | ) www.businessinsider.com   time to read: +1 min
Glassmaker View Inc. has filed for bankruptcy 3 years after its SPAC and is going private. SoftBank invested $1.1 billion in View, which has been dogged by cash and regulatory troubles. AdvertisementSoftBank has made headlines for prized investments that have filed for bankruptcy, including WeWork, Katerra, and genetic testing business Invitae. There's an addition to the list: View, which raised $1.1 billion from SoftBank in 2018. This story is available exclusively to Business Insider subscribers.
Persons: SoftBank, — Organizations: Service, Business Locations: SoftBank, Milpitas , California
☆ A biotech hedge fund that counts Yale’s endowment among its clients bought a new stake in this genetic testing company
  + stars: | 2023-08-16 | by ( Sarah Min | ) www.cnbc.com   time to read: +1 min
Founded by brothers Julian and Felix Baker in 2000, the health care hedge fund focuses on biotech and life sciences investing. The biotech stock with a focus on neuroscience has surged more than 84% this year. Baker Bros. doubled down on its bet in Kymera Therapeutics , which it raised by more than 51%. The hedge fund also took new stakes in ImmunoGen , which has more than tripled this year, soaring 216%, and Day One Biopharmaceuticals , which is down by 34%. The hedge fund lowered its exposure to the biotech company, which develops treatments for cancer, by 5%.
Persons: Baker, Tisch, Julian, Felix Baker, Seagen, Yun Li Organizations: Baker Bros, Advisors, Yale, Acadia Pharmaceuticals, Kymera Therapeutics Locations: InVitae, Invitae, Acadia, ImmunoGen
☆ Greenlight's David Einhorn is shorting innovation stocks like those held by Cathie Wood
  + stars: | 2023-01-17 | by ( Yun Li | ) www.cnbc.com   time to read: +3 min
Einhorn also said he is still short some 'bubble' names. Driving the stellar performance was a successful bet against what seemed to be the constituents of Wood's flagship ARK Innovation ETF (ARKK) . "In early 2021, we also identified an actively-managed ETF of so called 'innovation' stocks that appeared to us to have significantly similar characteristics to our bubble names," stated the letter. ARKK 1Y mountain ARK Innovation ETF's 1-year sell-off Einhorn said he created another "bubble" basket with 31 names totaling 6.5% of capital in January of last year. Einhorn said this bubble basket remained in the portfolio but he has covered some positions.
☆ Another tech bubble bursts: 2022 has been brutal for Silicon Valley workers
  + stars: | 2022-11-27 | by ( David Ingram | David Ingram Covers Tech For Nbc News. | ) www.nbcnews.com   time to read: +28 min
Gem: 100A maker of recruiting software, the startup cut a third of its workforce Nov. 1, The Information reported. HealthCare.com: 149The health insurance marketplace announced the job cuts Aug. 3, Miami Inno reported, citing state regulatory filings. Fabric: 120The robotics startup said July 13 that it was layoffing off 40% of them, TechCrunch reported, citing company confirmation. It affected about 300 people, the Silicon Valley Business Journal reported, citing company confirmation. Policygenius: 170The online insurance company cut about 25% of its staff, Axios reported June 6, citing company confirmation.
☆ Cathie Wood's Innovation ETF surges 13%, on track for its best day ever
  + stars: | 2022-11-10 | by ( Yun Li | ) www.cnbc.com   time to read: +2 min
Cathie Wood's flagship ARK Innovation ETF staged a dramatic relief rally Thursday on the back of an easing inflation reading . ARKK's biggest holding Zoom Video popped about 12%, while Tesla jumped nearly 7%. The innovation investor has been calling deflation for some time, betting the high prices were caused by temporary Covid-related supply issue. The innovation investor just doubled down on a slew of her favorite stocks this week, unfazed by the turmoil in many of these names. Wood snapped up shares of six companies Wednesday, including adding to some of her largest holdings Zoom Video and Tesla.
☆ The Fed, earnings, jobs and China: How we think about this week's deluge of data
  + stars: | 2022-11-04 | by ( Zev Fima | ) www.cnbc.com   time to read: +8 min
It is very premature, in my view, to think about or be talking about pausing our rate hikes. The news sent those stocks reliant on China for growth — Starbucks, Estee Lauder and Wynn Resorts, among many others — higher. Or bad news could just be bad news if weak data signals a recession ahead. And good news could be good news: for example, if China reopens and U.S. companies exposed to the region see a boost in demand. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
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