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Technology

Baidu added to Pentagon’s Chinese military list, rejects designation

Baidu (NASDAQ:BIDU) confirmed that the U.S. Department of Defense has included the company on its updated list of "Chinese military companies," a classification the internet search and artificial intelligence giant quickly pushed back against as entirely unjustified.

Leia mais: Baidu added to Pentagon’s Chinese military list, rejects designation
Grafa

PureTech's Seaport advancing anxiety drug to Phase 2 on positive trial data

PureTech Health reported that its founded entity, Seaport Therapeutics (NASDAQ:SPTX), achieved positive clinical results from the multiple-ascending dose portion of its Phase 1 proof-of-concept trial evaluating its lead anti-anxiety candidate, GlyphAgo.

Leia mais: PureTech's Seaport advancing anxiety drug to Phase 2 on positive trial data
Bloomberg

Stocks Extend Rebound; BofA Warns of 'Bear Market Signposts'

A rebound in equities that began on Wall Street extended into Asia, as cheaper valuations for artificial intelligence shares lured investors. Meanwhile, Bank of America Securities strategists led by Savita Subramanian warned that an increasing number of "bear market signposts" point to an approaching top. Bloomberg's David Savage reports.

Leia mais: Stocks Extend Rebound; BofA Warns of 'Bear Market Signposts'