FDA Approves Omalizumab for Reduction of Allergic Reactions in Patients with Food Allergies
FDA approves omalizumab (Xolair; Novartis) as the first and only medicine to reduce allergic reactions in patients with food allergies. The drug is not for emergency treatment and patients should continue avoiding allergenic foods. Positive results from the phase 3 OUtMATCH study show potential for omalizumab to mitigate allergic reactions in patients with multiple food allergies.
Twin Cities Lenten Fish Fry Roundup
Looking for a delicious fish fry in the Twin Cities area? Check out these seven spots offering traditional Catholic meat-free Friday specials, including Ukrainian American Community Center, The Anchor Fish & Chips, Fireside Lounge, Church of St. Albert, Obb’s Sports Bar & Grill, The Yankee Tavern, and Lucky’s 13 Pub. Whether you’re observing Lent or just in the mood for a tasty fish fry, these locations have you covered!
The Trade Desk: Can It Maintain Its Stellar Performance in 2024?
The Trade Desk (TTD) has been a standout success in the stock market, delivering an impressive 379% return over the last five years. As investors look to 2024, the question arises: can the company maintain its stellar performance? The Trade Desk is a tech company that helps advertisers optimize their advertising budget and maximize returns. With a market worth close to $1 trillion in annual revenues, The Trade Desk operates in a lucrative industry. However, despite its strong track record, the stock is currently priced for perfection, presenting a potential risk for investors.
Roku poised for user growth and global expansion
Roku is set to report its holiday-quarter results, and investors are eagerly anticipating the potential for a new era of user growth and global expansion. With 76 million active accounts, Roku is poised to continue adding revenue-generating users over the next few years, solidifying its position in the competitive streaming market. Despite facing challenges, Roku’s unique platform positions it to benefit from market growth, signaling a pivotal moment for the industry veteran.
DoorDash Reports 23% Increase in Total Orders and 22% Increase in Gross Order Value
DoorDash reports a 23% increase in total orders and a 22% increase in gross order value in the fourth quarter of 2023. Despite positive returns, DoorDash stock dropped in after-hours trading by more than 11%. The company remains focused on building tools to solve problems for consumers, merchants, and employees in 2024.
Former Salesforce co-CEO and ex-Google executive launch conversational AI platform Sierra
Former Salesforce co-CEO Bret Taylor and ex-Google executive Clay Bavor have launched Sierra, a conversational AI platform for businesses, securing $110 million in funding. Despite competition, Sierra has garnered support from prominent Silicon Valley investors and is facilitating hundreds of thousands of customer conversations every month. Taylor, now the CEO of Sierra, is enthusiastic about democratizing AI for businesses of all sizes and aims to make AI a standard feature for businesses, regardless of their technical expertise.
DraftKings Announces Strong Q4 Results and Raises 2024 Guidance
DraftKings Inc (NASDAQ:DKNG) has announced its financial results for the fiscal fourth quarter, with an increase in guidance for the 2024 year. Despite surpassing earnings per share (EPS) estimates, shares fell in after-hours trading. The company has raised its revenue forecast for fiscal year 2024, projecting a year-over-year growth of 27% to 34%. Additionally, DraftKings plans to acquire Jackpocket in a $750 million deal, signaling strategic expansion. CEO Jason Robins expressed satisfaction with the company’s performance and highlighted positive outcomes in customer acquisition, retention, and engagement. This development has sparked interest in the investment community, positioning DraftKings for substantial market strides.
Journalist Ranks Fast-Food Fish Sandwiches for Lent
As Lent approaches, fast-food chains are offering fish sandwiches as a meat alternative. A journalist from New Jersey ranked nine fast-food fish sandwiches, with surprising results. Some sandwiches delighted, while others fell short. Arthur Treacher’s and McDonald’s Filet-O-Fish disappointed, while White Castle’s Panko Fish Slider impressed. Burger King’s Big Fish, despite tasting like chicken, fared relatively well.
Introducing the SV Rover: Scarbo Vintage’s Latest Off-Road Powerhouse
The SV Rover, a supercharged 1,100bhp Bowler Wildcat, is the latest creation by Scarbo Vintage, offering traditional and electric versions. With a powerful V8 or electric powertrain, adaptable two-wheel drive, and pushrod front and rear air suspension, the SV Rover redefines off-road capabilities. Equipped with Brembo brakes, 40-inch tires, and a minimalist cabin, this vehicle combines classic design with modern engineering for an unparalleled off-road driving experience.
Senator Elizabeth Warren’s Win in Battle with Cryptocurrency Industry
Senator Elizabeth Warren secures a win as former Rep. Sean Patrick Maloney pledges to cease involvement in crypto matters if confirmed as President Joe Biden’s ambassador to the OECD. Maloney’s commitment to resign from private-sector advisory work and recuse himself from crypto decision-making has garnered Warren’s support for his confirmation, pending Senate consideration. This development reflects Warren’s influence on administration personnel and her efforts to address the intersection of Washington and corporate America, particularly in relation to the crypto industry.