23andMe Might Be Going Private 📱DJT BMI 📈 LTS RVO 📉

FlowBank's hand-curated fresh financial news [header_noDither] 23andMe CEO Proposes Taking Company Private Anne Wojcicki, CEO of 23andMe, is exploring the possibility of taking the genetic testing company private as it struggles with a significant drop in stock price, which has fallen over 95% since its 2021 peak. Wojcicki, who co-founded the company and holds substantial voting power, is working with advisors and potential financial partners. This move follows the company's challenge in boosting its share price above Nasdaq's minimum requirement, prompting a review of strategic alternatives by a special committee. WHAT'S MOVING [Group 1742 (71)-1] [Start Trading](113/cXx8Z04/VVsdzX5G6-WZN4833sMl1sCKW8GDvjX5d3zX4N5n2LQC2-ZVTW6N1vHY6lZ3mmM8MDdClH3dRVwcMkY5F2krTW77LvYM6z2_KlW7_BbZr7CksY7W5MFsnF8wGNkwW4gP7Hd861jZZVgjTtP7rylhcW82kv1Q1PSFPfW7_zygD4TPzHWVg2Rxt629cRGW7Ldqhg8y1mwWN7Kx_jhDTxJXW1H4SZv8Hrnv5N1V0ypC_57MWW9m3MNN7_6bgNW1HZJFR3M87sKW2Hm0ZZ3ZBZlfVn2T4376QX22W6pv9gx6zVSZ_W3DZ6Yy4Wjd6WW2h0jgR8Y0qJLW9bgw191Njymsf7JVN7P04) [Group 1753 (20)] Netflix Netflix's earnings soared past expectations with a 16% jump in subscribers to 269.6 million, boosting shares significantly despite plans to stop reporting membership numbers next year. [Group 1754 (20)] Cisco Cisco launched HyperShield, a new AI-driven cybersecurity architecture following its $28 billion acquisition of Splunk, aiming to secure IT environments across multiple platforms. [Group 3 (69)-1] TSMC TSMC surpassed Q1 revenue and profit expectations with a 16.5% and 8.9% increase respectively, driven by robust AI chip demand, projecting strong growth with advanced 3nm and 5nm technologies. WHAT'S COMING UP? ALL: CFTC speculative net positions IN OTHER NEWS Wall Street Early Friday, stock futures dropped due to renewed conflict between Israel and Iran, with Dow Jones Industrial Average futures declining by 0.76%, S&P 500 futures decreasing by 0.88%, and Nasdaq 100 futures falling by 0.98%. [Group 1769] Europe European markets ended slightly up on Thursday, with the Stoxx 600 index closing 0.3% higher amid ongoing speculation of an upcoming ECB rate cut. While bank stocks advanced by 1.6%, oil and gas shares fell 1.46% after a decline in oil prices, and tech stocks also saw losses. MARKET INSIGHTS Still Time to Invest in Gold at a Record High? It has been a golden start to 2024 with the price of gold shooting to record highs, north of $1300 per oz. Why have the gold bugs returned and is there still time to buy gold? [Read more](113/cXx8Z04/VVsdzX5G6-WZN4833sMl1sCKW8GDvjX5d3zX4N5n2LQ02-ZVTW5BW0B06lZ3lvW927FR042NzGkV5MWBr727hLVW3FBtVh98J5FrW3f697-7FFx5fW5Zdb524mfCzxW5F-TS06pwXWRW1gRPv14mMl8GW4FcH324hMmnKW3rsVdV2-FPQzW8_b3fz98_sWnW7f3Kpd7z0qwGW8mld1-6PqD62W2nX18h2_S69dN8JDvvS1DXhgW3tJ6h03p07bdW5gNW1m2FvTJfN3ppVCq9kyBZW6h-3Zh6HrXNkf27n20M04) Please note that due to market volatility, some of the prices may have already been reached and scenarios played out. The information above is not investment advice. 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