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The Daily Biotech Pulse - Tuesday, April,26
Here's a roundup of top developments in the biotech space over the last 24 hours.
PepsiCo Q1 Earnings Tops Estimates
Net revenue from Frito-Lay North America increased 14% Y/Y, Quaker Foods North America rose 11%, and PepsiCo Beverages North America climbed 5.5%. Latin America sales rose 19% Y/Y.
If You Invested $100 In Dogecoin When Elon Musk Made His Twitter Offer, Here's How Much You'd Have Already
Tesla Inc. CEO Elon Musk is a well-known Dogecoin bull. His tweets have sent the meme coin soaring in the past.
BofA's Key Takeaways From Coca-Cola Earnings
Analyst Brian Spillane is maintaining a Buy rating while keeping the price unchanged.
Twitter + Elon = Twitterverse Eruption
How the social media platform's denizens reacted to the Musk buyout.
Apple Supplier Foxconn Halts Operations At 2 Chinese Plants On Rising COVID-19 Cases
Apple Inc's premier supplier Foxconn Technology halted operations at two of its factories in Kunshan, located in China's Jiangsu province, after a recent surge in COVID-19 cases was reported on-site, according to SCMP.
Netflix May Soon Clamp Down On Password Sharing: Here's How It Is Going To Work
One of the biggest concerns for the Netflix has been controlling the rampant practice of password sharing. The company says over 30 million households in the U.S. and Canada use shared passwords for accessing Netflix.
Why Is Tennessee Looking For A Crypto Custody Service Provider?
The Tennessee Department of Treasury is seeking vendors who can manage cryptocurrency on their behalf. In a request for proposals letter, the department said that Tennessee doesn’t possess cryptocurrencies, but it is working to hold digital assets.
Shark Tank Investor Kevin O'Leary Says He Has Dozens Of Cryptos, But Only Needs Two To Succeed
Investor and “Shark Tank” star Kevin O’Leary says that he has a broad range of crypto assets available in the market, and he owns 32 different positions. Although he acknowledges that he only needs two of them to work for him.
Leaked Texts Show Elon Musk Confronting Bill Gates About Shorting Tesla
A leaked chat exchange between Tesla Inc CEO Elon Musk and Microsoft Corp. co-founder Bill Gates shows that Musk had asked Gates about his half a billion dollar short position against Tesla.
Google And Meta Facing New EU Regulations To Curb Illegal Content
EU lawmakers have agreed upon a regulation to curtail illegal content on online platforms. The bloc agreed on the terms of the Digital Services Act, which will force tech companies to take responsibility for content optimization on their platforms.
'Welcome To 2052': Here Comes Nike's Metaverse NFT Wearables
Nike Inc, along with the RTFKT, recently announced the launch of its first Ethereum NFT sneakers, called CryptoKicks. NFT sneakers are digital wearable items that are designed for use in metaverse worlds. 
Israel's Central Bank Adds Chinese Yuan To Holdings, Cuts Share Of US Dollars
While Israel’s central bank is adding four new currencies, also including Canadian and Australian dollars and Japanese yen, the policy change will not create a dramatic reconfiguration of the foreign currency reserve balance.
Is This Rally Into The Consumer Staples Select Sector Fund A Bearish Sign?
Money has been flowing into the Consumer Staples Select Sector SPDR Fund XLP. And that may be a bad sign for the market.
Stock Wars: Alkaline Water Company Vs. Vita Coco
Both companies are doing a wonderful job filling niches in the beverage market.
Hasbro's Q1 Bottom-Line Misses Street View, Plans To Resume Buyback
Hasbro Inc. reported first-quarter FY22 net revenue growth of 4% year-on-year to $1.16 billion, beating the consensus of $1.15 billion.
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