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Hinton isn’t the first Nobel laureate to warn about the risks of the technology that he helped pioneer. Irene Joliot-Curie and Frederic Joliot shared the Nobel Prize for chemistry in 1935. AFP/Getty Images1945: Antibiotic resistanceSir Alexander Fleming shared the 1945 Nobel Prize in medicine with Ernst Chain and Sir Edward Florey for the discovery of penicillin and its application in curing bacterial infections. “I, for one, would not shrink from that challenge.”Jennifer Doudna won the Nobel Prize in chemistry in 2020 for her work on a new method of gene editing. Nobel Prize Outreach/Brittany Hosea-Small/Handout/Reuters2020: Gene editingFour years ago, Jennifer Doudna and Emmanuelle Charpentier shared the Nobel Prize in chemistry for the development of a method for genome editing called CRISPR-Cas9.
Persons: Geoffrey Hinton, , ” Hinton, John Hopfield “, Hinton, Hinton isn’t, Irene Joliot, Curie, Frederic Joliot, Marie, Pierre Curie, Joliot, , Sir Alexander Fleming, Ernst Chain, Sir Edward Florey, Fleming, underdose, Jeffrey Gerber, ” Gerber, ” Paul Berg, Tobbe, Paul Berg, Berg, Joanna Rose, it’s, Jesse Gelsinger, ” Jennifer Doudna, Brittany Hosea, Gene, Jennifer Doudna, Emmanuelle Charpentier, ” Doudna, “ We’ve, ” CNN’s Christian Edwards, Katie Hunt Organizations: CNN, Google, University of Toronto, Princeton University, Hulton, Getty, Children’s Hospital of Philadelphia, World Health Organization, Nobel, Innovative Genomics Institute Locations: AFP, , Stockholm
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Persons: you'd, Hannah Van, Sickle, Hannah, Read, Evelyn Organizations: Mutual, Business, Omaha Life Insurance, Nebraska's Creighton University, Fortune, Insurance, Omaha Life, Get, Policygenius, Cons Mutual, Express, Omaha Universal Life, Life Insurance, Better, National Association of Insurance, Farm, Nationwide, York, York Life, New York Life, Plus, New York, . Northwestern Mutual Northwestern Mutual Life Insurance, Northwestern Mutual, Globe, Globe Life, Life, Chevron, Omaha, Berkshire, Berkshire Edge, Personal Finance Locations: Omaha, New, New York, York, Chevron, CA, LA, NH, NY, NC, WI, Berkshires, Massachusetts, Refinery29
Activist investor Starboard Value has a roughly $1 billion stake in pharmaceutical giant Pfizer and is seeking to mount a turnaround at the struggling company, according to people familiar with the matter. Starboard believes that Pfizer's current leadership, under CEO Albert Bourla, has stepped away from historically disciplined cost structure and investment in novel drugs. One particularly concerning example to Starboard was Pfizer's acquisition of Global Blood Therapeutics. Pfizer pulled a drug for sickle cell disease it got just two years ago via the roughly $5 billion acquisition. Still, more than $100 billion in shareholder value has evaporated since the Covid-19 pandemic faded largely into the rearview mirror.
Persons: Ian Read, Frank D'Amelio, Albert Bourla, Oxbryta, Read, Jeff Smith, Angelica Peebles Organizations: Pfizer, Blood Therapeutics, Autodesk, Street
Prices for prescription pharmaceutical drugs have skyrocketed, disproportionately making them harder for people of color to afford, a new report finds. Black people in the U.S. are more likely to be diagnosed with the condition and die from it, the report highlights. Several health care advocacy organizations, including Patients for Affordable Drugs and Health Care for America Now, are pushing for policies that will help lower the financial burden of patients. Both organizations supported the Inflation Reduction Act, a law signed by President Joe Biden that aims to reduce prescription drug prices. In the meantime, Basey, of Patients for Affordable Drugs, said her organization continues to push for bills like S.142, which prevents pharmaceutical companies from paying generic brands to delay the release of their drugs on the market.
Persons: Merith, , ” Basey, , Basey, haven’t, Carrol Olinger, Olinger, ” Olinger, Joe Biden, Margarida Jorge, Jorge, hasn’t, “ It’s, ” Jorge, she’s Organizations: Drugs, New England, of Medicine, AstraZeneca, NBC News, Bristol Myers Squibb, ” Pharmaceutical, U.S, Health Care, America, Centers for Disease Control, Biden Locations: U.S, Daiichi, Hope Mills , North Carolina, Basey
But a new study has found that a particular group of chemicals called metabolites, which are tested for as part of routine newborn screenings, could identify babies with an elevated risk. The researchers compared the results of newborn screening tests for 354 infants who died of SIDS with 1,416 infants who did not. “Maybe we’re looking at some food sensitivities,” she said, but added that much more research is needed into the link between SIDS risk and metabolism. Dr. Joanna Parga-Belinkie, a neonatologist at Children’s Hospital of Philadelphia who also wasn’t involved, similarly questioned whether newborn screenings can provide enough answers. “But every baby that’s born isn’t going to get a deep-dive genetic evaluation — they do get newborn screenings,” she added.
Persons: SIDS, Laura Jelliffe, , Pawlowski, , we’re, ’ ”, Stephanie Napolitano, Joanna Parga, “ It’s, Debra Weese, Mayer, wasn’t, isn’t, it’s, ” Napolitano Organizations: U.S, Disease Control, New York University, University of California, Nationwide Children’s, Children’s Hospital of Philadelphia, Lurie Children’s Hospital of Chicago Locations: SIDS, San Francisco, California
On Monday, Musk posted an AI-generated image on his social media platform that depicted Harris as a communist, wearing a red uniform complete with hammer and sickle emblazoned hat. ?”The image, which appeared to violate X’s policy on manipulated content, resembled an AI-generated image posted by Trump last month during the Democratic National Convention, envisioning Harris addressing a crowd under communist symbols. Musk’s post came a day after he shared another post with a screenshot suggesting that only “high status males” should be able to participate in government because women (and men with “low testosterone”) are not capable of critical thought. Musk posted it to his 196 million followers with the comment, “interesting observation.”An AI-generated image of Kamala Harris posted by Elon Musk on his social media platform, X. Since taking over the platform, Musk has touted X’s “community notes” feature as a way of transparently allowing crowd-sourced fact-checking misinformation on his platform.
Persons: CNN — Elon, Kamala Harris, Musk, Harris, Donald Trump, “ Kamala, Elon Musk, shouldn’t, Organizations: CNN, Democratic Party, Republican, Trump, Democratic National Convention, 4Chan, South, Twitter
He also said he had very low blood pressure and complained that his legs were cramping, according to the lawsuit. Nevertheless, paramedics cleared Moses to return to training, which the suit alleges was a decision made to support the police. “Safety and well-being is a top priority for Denver Health and its paramedics,” the hospital said in a statement. The recruit soon said he could not breathe, became unresponsive and was taken to the hospital, according to the lawsuit. “If this had been a football game or boxing match, the head injury and losses of consciousness would have ended any continued participation or fighting immediately,” Moses’ lawyers argue.
Persons: Victor Moses, , Moses, Ian Adams, ” Moses, David Zalubowski, Moses ’, John Holland, Darold Killmer, ” Holland, ” Moses ’, Organizations: Denver AP, University of South, Denver Police Department, Denver Health, , Denver, Associated Press Locations: United States, University of South Carolina, Denver
It affects children who inherit two copies of the sickle cell gene, one from each parent. Nigeria bears the highest burden, where as many as 150,000 babies are born with sickle cell disease annually – the most of any country. Adekunle Gold first wrote of his woes with sickle cell disease in 2022 in his song “5 Star.” Now, he is readying himself for a long-term commitment to advocacy, announcing the establishment of the Adekunle Gold Foundation, which will focus on addressing the needs of children battling sickle cell disease on the African continent. Larry Madowo: Why are you speaking up about sickle cell disease now and especially being very aggressive about this awareness? Nigerian singer Adekunle Gold is using his global platform to raise awareness of sickle cell disease, which disproportionally affects people in Africa.
Persons: CNN —, Adekunle, readying, CNN’s Larry Madowo, Larry Madowo, CNN Larry Madowo, bro, can’t, Nigeria Larry Madowo, Will, Larry Madowo’s Organizations: CNN, World Health Organization, Foundation, Adekunle Locations: Africa, Nigeria, Nigerian, West Africa, Lagos, Ilorin, Canada
“We saw that with the mRNA (messenger RNA) vaccines that it can be a good messenger,” says Cech. The Catalyst by Thomas R. Cech W W NortonYou mentioned in “The Catalyst” that research on RNA has been around since the ‘50s. What is something that most people get wrong about mRNA vaccines, such as the Covid-19 ones? Thomas R. Cech in a lab in 1984, five years before he won the Nobel Prize in Chemistry. How does this apply to DNA, RNA, mRNA and CRISPR?
Persons: you’re, , Thomas R, Cech, ” Cech, Sidney Altman, he’s, Norton, It’s, Thomas R . Cech, Organizations: CNN, Pfizer, DNA, University of Colorado, Denver Post, Rotary Clubs, Lions Locations: Moderna, University of Colorado , Boulder, Boulder , Colorado, China, Cambridge , Massachusetts, United States, Germany
Among people diagnosed with Alzheimer’s, researchers recognize familial forms of the disease and sporadic cases. This shifting appreciation of inherited risk, researchers say, is due to a better understanding of the role of a fourth gene that carries the blueprints to make a lipid-carrying protein called apolipoprotein E, known as APOE. One known as APOE2 is thought to be protective against the development of Alzheimer’s disease. They also compared people with two copies of APOE4 to people with other inherited forms of the disease — early-onset autosomal dominant Alzheimer’s disease (ADAD) and Down syndrome-associated Alzheimer’s disease (DSAD). Gene testing isn’t currently recommendedIt is also likely to change how people who carry the APOE4 gene are diagnosed and treated.
Persons: APOE4, , Dr, Juan Fortea, Sant, Fortea, Charles Bernick, Bernick, Alzheimer’s wasn’t, isn’t, they’re, ” Fortea, Sanjay Gupta, Reisa Sperling, , ” Sperling, ” Dr, Sterling Johnson, Johnson Organizations: CNN, Nature, National Alzheimer’s Coordinating, Neurology, Hospital de, Cleveland Clinic Lou, Brain Health, CNN Health, Alzheimer’s Research, Brigham, Women’s, Alzheimer’s, University of Wisconsin Locations: Alzheimer’s, Spain, United States, Santa, Barcelona, Wisconsin
On Wednesday, Kendric Cromer, a 12-year-old boy from a suburb of Washington, became the first person in the world with sickle cell disease to begin a commercially approved gene therapy that may cure the condition. For the estimated 20,000 people with sickle cell in the United States who qualify for the treatment, the start of Kendric’s monthslong medical journey may offer hope. But it also signals the difficulties patients face as they seek a pair of new sickle cell treatments. For a lucky few, like Kendric, the treatment could make possible lives they have longed for. “Sickle cell always steals my dreams and interrupts all the things I want to do,” he said.
Persons: Kendric, Locations: Kendric Cromer, Washington, United States
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Persons: It's, it's, you'll Organizations: Travelers
Opinion: Trump’s image is on the line
  + stars: | 2024-03-24 | by ( Richard Galant | ) edition.cnn.com   time to read: +20 min
We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. … Deals are my art form.”Having a lot of money distinguished him from other presidential candidates, Trump contended. ‘I don’t need anybody’s money,’ Trump said in his June 2015 presidential campaign announcement.”“Now Trump needs money, a lot of it. In July 2006, she met Trump at a celebrity golf tournament and says that the two had sex that weekend. “Whatever the Fifth Circuit and Supreme Court decide next, the question for President Joe Biden is what to do now,” wrote Lawrence Downes.
Persons: Charles Dickens, “ David Copperfield, Micawber, ” Micawber, , Dickens, Donald Trump, Letitia James, Trump, he’ll, , Tony Schwartz, I’ve, Frida Ghitis, ’ Trump, … Dana Summers, Joe Biden’s, Julian Zelizer, Biden’s, ” Bill Bramhall, Stormy Daniels, Peacock, Ana Marie Cox, Daniels, she’s, Peter Navarro, He’s, Mike Johnson, Kevin McCarthy, House Republicans —, Matt Gaetz ’, Marjorie Taylor Greene, Johnson, Clay Jones, Paul Sracic, Fareed Zakaria, Biden, Peter Bergen, Bashar al, Assad, ” Bergen, Vladimir Putin, Richard Aboulafia, ” David Horsey, Joann, Lynda Gorov, it’s, ” Kate Middleton’s, Princess, Wales, Sara Stewart, Kate, that’s, she’ll, Joe Biden, Lawrence Downes, “ Biden, Greg, Abbott, , ” Downes, Trump’s, Jared Kushner, Kushner, Donald Trump’s, Aseel Mousa, Drew Sheneman, Max Besbris, ” Besbris, Linda Thomas, Greenfield, Thomas, Eleanor Roosevelt, , ” Don’t, Grace Elizabeth Hale, Elizabeth Yuko, Avi Weiss, Jennifer Jones, Jill Filipovic, Christine Blasey Ford Derrick Johnson, Peter Rutland, Holly Thomas, Lily Allen, Mary Ziegler, Lanhee Chen, Steve Garvey, Adam Schiff, Patricia Grisafi, Caitlin Clark Walt Handelsman, Caitlin Clark, Amy Bass, Kamilla Cardoso, UCLA’s Kiki Rice, ’ ” Clark, Bass, Pete ’ Maravich, Court, Serena Williams, Clark, Maravich …, Organizations: CNN, New, Trump, Agency, Twitter, Save, Maga Inc, Biden, Content Agency Trump, House Republicans, Rep, Ohio GOP, Russia ISIS, ISIS, Boeing, Airbus, Crafts, Boys, BBC Studios, Circuit, Texas Gov, Abbott, of Justice, Texans, Harvard, National Association of Realtors, United Nations, , University of Iowa, ESPN, Iowa Hawkeyes, NCAA Division Locations: Save America, New York, Baton Rouge , Louisiana, Ohio, Russia, Moscow, Iraq, Syria, Syrian, , Iran, Afghanistan, , Ukrainian, Windsor, ” Texas, Texas, Gaza, Southern, Rafah, Egypt, Israel, Gaza City, Al, Grace Elizabeth Hale : Mississippi, , California
Cost of sickle cell therapies correction
  + stars: | 2024-02-26 | by ( ) www.cnbc.com   time to read: 1 min
Eli Lilly is not suing the Biden administration over the Inflation Reduction Act. An earlier version of this story misstated that.
Persons: Eli Lilly Organizations: Biden
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNew sickle cell gene therapies are a breakthrough, but prices are still too highCNBC's Bertha Coombs joins 'Power Lunch' to report on the expensive cost of gene therapy.
Persons: Bertha Coombs
The approval of two gene therapies to treat sickle cell disease has given hope to patients who suffer from the debilitating disease, which overwhelmingly affects Black people and people of color. Sickle cell has forced him to leave his job and at times taken him away from his family. Still, he's hesitant to try the new one-time gene therapies because they require months of intensive medical preparation, including chemotherapy, to prepare patients' bone marrow stem cells for extraction and gene editing. Vertex Pharmaceuticals ' gene therapy Casgevy lists for $2.2 million, while Bluebird Bio 's treatment Lyfgenia lists for $3.1 million. Kanter said it will take time to ramp up capacity and to set up facilities across the country to treat patients at scale.
Persons: Michael Goodwin, Goodwin, I've, I'm, he's, , Goodwin's hesitancy, Julie Kanter, Kanter Organizations: Health, Vertex Pharmaceuticals, University of Alabama, National Alliance of Sickle Cell Centers, for Disease Control, National Alliance of Sickle Cell Locations: Birmingham
The Father, the Son and the Fight Over Their King
  + stars: | 2024-02-17 | by ( John Eligon | Joao Silva | ) www.nytimes.com   time to read: +1 min
The riot police appeared out of nowhere, charging furiously toward the young protesters trying to oust King Mswati III, who has ruled over the nation of Eswatini for 38 years. The pop of gunfire ricocheted through the streets, and the demonstrators started running for their lives. Manqoba Motsa, a college student, and his fellow Communists quickly slipped into disguise, pulling plain T-shirts over their red hammer-and-sickle regalia. They found him splayed on a bed in the emergency room, a bloody bandage around his torso, a tube in his arm. “We can’t stop fighting,” the wounded protester, Mhlonishwa Mtsetfwa, told the dozen red-clad Communist Party members surrounding his hospital bed.
Persons: King Mswati III, Manqoba, Mhlonishwa Mtsetfwa Organizations: Communists, Communist Party Locations: Eswatini
Vertex Pharma CEO Kewalramani sits down with Jim Cramer
  + stars: | 2024-02-08 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
Vertex Pharma CEO Kewalramani sits down with Jim CramerVertex Pharma President and CEO Dr. Reshma Kewalramani joins 'Mad Money' host Jim Cramer to talk sickle cell gene therapy, cystic fibrosis treatments and more.
Persons: Kewalramani, Jim Cramer, Reshma Kewalramani Organizations: Vertex Pharma, Pharma
But if he were born today with access to gene therapy for spinal muscular atrophy, he might have been able to walk without assistance. He might have been able to live a life without fear of impending medical catastrophe. The way Mr. Parish sees it, the life he has lived will one day become something of a historical curiosity. His experience of S.M.A., with all the suffering it has entailed, will likely be rendered extinct. Gene therapy has seen remarkable and highly publicized success in recent months, from the Food and Drug Administration’s approval of what amounts to cures for sickle cell disease to the news that a boy with congenital deafness could hear for the first time in his life following gene therapy.
Persons: Tyler Parish, Parish Organizations: Food Locations: Boston
Acute pain is usually caused by injury, surgery, illness, trauma or painful medical procedures and is likely to ease with time. Around 80 million patients are prescribed a medicine for their moderate-to-severe acute pain every year in the U.S., Vertex said in a release. Last year, the company's painkiller produced positive results in a mid-stage trial in diabetes patients suffering from a chronic nerve condition. Those two procedures are commonly used in studies of people with acute pain. Jefferies analyst Michael Yee said the drug's failure to meet that goal is in line with expectations and that overall, the late-stage trial results released Tuesday are positive.
Persons: Reshma Kewalramani, painkiller, Michael Yee Organizations: Vertex Pharmaceuticals, Food and Drug, Wall Street, CRISPR Therapeutics, Jefferies Locations: Boston, U.S
JPMorgan thinks investors should flock to biotechnology company Beam Therapeutics , which the firm says stands to benefit from increased market share and a strong gene therapy pipeline. "We see BEAM outperforming our coverage over the mid-term, with current levels being an attractive entry point," the analyst said. The stock is down more than 4% so far this year, and has lost more than 42% over the past 12 months. BEAM 1Y mountain Beam stock. He added that BEAM-302 is "uniquely positioned" as a one-time genetic medicine for AATD, particularly given its success in preclinical trials.
Persons: Eric Joseph, Joseph Organizations: Beam Therapeutics, TAM Locations: U.S, 1H24
Gene therapy has allowed several children born with inherited deafness to hear. Globally, 34 million children have deafness or hearing loss, and genes are responsible for up to 60% of cases. Hereditary deafness is the latest condition scientists are targeting with gene therapy, which is already approved to treat illnesses such as sickle cell disease and severe hemophilia. Also, some people consider gene therapy for deafness ethically problematic. "This is real proof showing gene therapy is working,” Chen said.
Persons: , Zheng, Yi Chen, Dr, Yilai Shu, Chen, Eli Lilly, Akouos, he's, John Germiller, ” Germiller, , Lawrence Lustig, Teresa Blankmeyer Burke, ” Chen Organizations: Children's Hospital of Philadelphia, Fudan University, Shanghai Refreshgene Therapeutics, Regeneron Pharmaceuticals, Decibel Therapeutics, Columbia, Gallaudet University, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: China, Shanghai, Philadelphia, Spain
Pope Francis received an emotional welcome on the island during a visit showing solidarity with migrants fleeing war and poverty. ARIS MESSINIS/AFP/Getty Images Pope Francis confesses in St. Peter's Basilica during the Vatican's Penitential Celebration on Friday, March 4, 2016. Alessandro Di Meo/AP Pope Francis arrives for his visit with prisoners in Santa Cruz, Bolivia, on Friday, July 10, 2015. Franco Origlia/Getty Images Pope Francis and Ecumenical Patriarch Bartholomew I address the faithful in Istanbul on Sunday, November 30, 2014. Gokhan Tan/Getty Images Pope Francis speaks during the feast-day Mass while on a one-day trip to Italy's Calabria region in June 2014.
Persons: Pope Francis, Cardinal Michael Czerny, Francis, , , Regina Coeli, Vincenzo Pinto, Juan Manuel Santos, Santos, Alessandra Tarantino, L'Osservatore Romano, VINCENZO PINTO, Simon Bar Sabbae, Pope, FILIPPO MONTEFORTE, Karekin, TIZIANA FABI, Giuseppe Ciccia, MAX, Pope Francis tries, Pope Benedict XVI, Alessandro Di Meo, Evo Morales, OSSERVATORE ROMANO, Vladimir Putin, Putin, Federico Lombardi, Lombardi, Gregorio Borgia, Getty Pope Francis, Raul Castro, Castro, GABRIEL BOUYS, ANDREAS SOLARO, Kurukkal SivaSri, Mahadeva, Pope Francis in, Eranga, Franco Origlia, Bartholomew I, Gokhan Tan, San Gregorio Magno, Queen Elizabeth II, Prince Philip , Duke of Edinburgh, Oli Scarff, Barack Obama, SAUL LOEB, Santa Sabina, Max ROSSI, Daniele De Sanctis, Pope Francis ', FABIO FRUSTACI, Benedict XVI, Benedict, L'OSSERVATORE ROMANO, Osservatore Romano Pope Francis, Vinicio Riva, Riva, CLAUDIO PERI, Rainbow Association Marco Iagulli Onlus, Fotografia, Father Don Renzo Zocca, Osservatore Romano, LUCA ZENNARO, Jorge Saenz, Dan Kitwood, Jesus, Internationalis Paulus VI, Argentine Cardinal Jorge Mario Bergoglio, Roman Catholic Church's, Peter Macdiarmid, Pope Francis Prev, it’s, He’s, Filippo Monteforte, Donald Trump’s, Czerny, Trump, Donald Trump, Melania, Evan Vucci, Reuters “, ” Cardinal Czerny, Cardinal Czerny, doesn’t, Francis ’, “ Jesus Organizations: CNN, Getty Images, Colombian, Revolutionary Armed Forces, International Catholic Rural Association, Vatican, AFP, Getty, Catholic Chaldean, St, Mercy, ARIS MESSINIS, MAX ROSSI, Getty Images Bolivian, Cuban, Sunday, Queen, getty, Rainbow Association, Renault, Catholic, Roman Catholic, Intelligence, Warner Bros, Discovery, , Republican, Reuters Locations: St, AFP, Colombia, Rome, Tbilisi , Georgia, Auschwitz, Birkenau, Poland, Etchmiadzin, Yerevan, Armenia, Vatican City, Moria, Lesbos, Peter's, Mexican, Havana, Cuba, Mexico, Santa Cruz , Bolivia, South America, Ecuador, Paraguay, La Paz, Bolivia, Italian, Ukraine, Iraq, Syria, Havana and Washington, Vatican, Pope Francis in Colombo, Sri Lanka, Istanbul, Italy's Calabria, Jerusalem's Old City, Argentina, Roman Parish, San, Rome's, Santa, Brazil, Rio de Janeiro, Argentine, America, Gaza, Nove, Lampedusa, Italy, Ciampino, Czechoslovakia, Canada, United States, Africa
The headquarters of US biopharmaceutical company Vertex Pharmaceuticals in Boston, Massachusets, on November 4, 2023. The U.S. health regulator has approved Vertex Pharmaceuticals and CRISPR Therapeutics' gene therapy to treat a rare blood disorder requiring regular blood transfusions, in patients 12 years and older, Vertex said on Tuesday. The decision earns the therapy, branded as Casgevy, the second U.S. approval after it was greenlighted in December for sickle cell disease, another inherited blood disorder. The approval by the Food and Drug Administration comes more than two months ahead of its expected action date of March 30. Oppenheimer analyst Hartaj Singh said he expects a "slow and steady launch" for the therapy and estimated combined peak sales of about $400 million.
Persons: Oppenheimer, Hartaj Singh Organizations: Vertex Pharmaceuticals, Pharmaceuticals, CRISPR Therapeutics, Food and Drug Administration Locations: US, Boston, Massachusets, U.S, United States
These stocks are getting close to oversold territory
  + stars: | 2024-01-12 | by ( Alex Harring | ) www.cnbc.com   time to read: +4 min
There may be buying opportunities in a few stocks getting hit after making headlines this week. The relative strength indicator, which measures the magnitude and speed of price moves, is a popular metric used to evaluate whether shares are overbought or oversold. A stock with a 14-day RSI below 30 is considered oversold, suggesting that it could be a promising entry point for investors. The full oversold list While many noteworthy S & P 500 stocks are on the verge of being oversold, just two actual have RSIs below 30: Baker Hughes and Bunge Global . Here's the full list of overbought stocks: THE ABOVE CONTENT IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY .
Persons: Tesla, Morgan Stanley, FactSet, Dave Calhoun, Baker Hughes Organizations: Reuters, Hertz, Tesla, Boeing, Alaska Airlines, Federal Aviation Administration, Max, Bunge, CNBC, Juniper Networks, Traders, Hewlett Packard Enterprise, Pharmaceutical Locations: Red, China, Saudi Arabia
Total: 25