stock Archives - Loyal Conservatives

Retail Stock Market Investment Risks Highlighted by Finance Minister in BSE Event

Mumbai, India – Union Finance Minister Nirmala Sitharaman expressed concerns about the increasing number of Indians investing in the stock market and emphasized the importance of safeguarding their household savings. Speaking at a BSE event, Sitharaman highlighted the risks associated with growing retail participation in the derivatives market. Sitharaman warned that unchecked growth in retail trading in futures and options could pose challenges for the market, investor sentiment, and households’ financial well-being. She cited a …

MacroGenics Inc Stock Plunges Over 50% After Trial Results Reveal High Adverse Events Rate

On May 10, 2024, in an alarming development, MacroGenics Inc, based in Rockville, Maryland, revealed concerning interim data from the TAMARACK Phase 2 study. The study focused on vobramitamab duocarmazine (vobra duo), a treatment targeting B7-H3, which is found in various solid tumors. Specifically, the study targeted previously treated patients with metastatic castration-resistant prostate cancer (mCRPC). Following the release of the data, MacroGenics shares plummeted by over 50% as the company disclosed five deaths during …

Bump Stock Debate: Should a Firearm with a Bump Stock Be Classified as a Machine Gun?

Minneapolis, Minnesota – The debate over whether a semi-automatic rifle equipped with a “bump stock” should be classified as a machine gun has reached the U.S. Supreme Court, as President Joe Biden and former President Donald Trump take opposing positions on the matter. A bump stock enables a rifle to fire at an extraordinarily rapid rate, up to 800 rounds a minute, by harnessing the recoil and pressure generated by the shooter. At the heart …

Supreme Court to Rule on Legality of Bump Stock Ban in Landmark Case

Las Vegas, Nevada – Following the tragic mass shooting that took the lives of 58 people and injured hundreds more at an outdoor music festival in Las Vegas, the Trump administration took action to ban bump stocks. These devices were used by the gunman to fire on the crowd in what became the deadliest mass shooting in modern U.S. history. The Supreme Court is now set to deliberate on the legality of this ban, a …