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Are NFTs Taking Over the Art Market? Notes From Art Basel Miami Beach

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This week, “Opinionated” hosts Ben Schiller, Anna Baydakova and Danny Nelson are talking about Art Basel Miami Beach, the annual international art fair that took place in Florida last week.

Danny was reporting from the ground: This year, a new kind of art made its way to Miami, under the picky gaze of art collectors, curators and, yes, artists themselves. And yes, it’s NFTs, or non-fungible tokens.

NFTs used to be seen as merely cute funny antics of the crypto world (remember Crypto Kitties?) back in 2017, but now, they go for millions of dollars in the world’s most prestigious auction houses, like Christie’s and Sotheby’s.  

The auction houses are aggressively hiring, fashion brands and music labels are signing up international stars to do exclusive NFTs, and artists are learning how to store files on IPFS and use MetaMask – are NFTs here to stay and become a necessary fixture of the future? 

Listen to Ben, Danny and Anna discuss Danny’s impressions from Art Basel Miami Beach – and learn what Tina Turner high heels have to do with it!

This episode was produced, announced and edited by Michele Musso. Our theme song is by Elision.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Original Post: content.production.cdn.art19.com

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Truist Sees 350% Upside on This Cancer-Focused Biopharma Stock – Read Why

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Truist has initiated coverage on Verastem Oncology Inc (NASDAQ: VSTM) with a Buy rating and $6.00 price target, equivalent to approximately 350% upside.
Analyst Srikripa Devarakonda notes that trading at about 2-times cash, the stock is “undervalued” given its programs in two cancers.
Devarakonda adds that the Verastem base case is supported by a $470 million unadjusted U.S. opportunity in the ovarian cancer program, “early but strong” clinical data, and positive expert feedback.
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Full story available on Benzinga.com

Article: benzinga.com

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“Peek Performance”: Apple’s Next Hardware Event Happens on March 8

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Enlarge (credit: Apple)

Apple will stream its next hardware event to the masses on March 8 at 10 am Pacific (1 pm Eastern), the company announced today. Invitations have already been sent to the press—though the event will be yet another prerecorded, streaming-only presentation with no media in attendance. Apple marketing SVP Greg Joswiak tweeted the now-customary Apple-logo-centric teaser video that doesn’t actually tease anything.

We never know exactly what will be announced at any given Apple event, but Bloomberg’s Mark Gurman reports that the lineup will include a refresh of the budget-friendly iPhone SE and the first iPad Air update in a little over a year.

Rumors have also circulated about updated designs and new Apple Silicon chips for the MacBook Air and the 13-inch MacBook Pro, and the high-end Intel Mac Mini, the 27-inch iMac, and the Mac Pro are all still running Intel chips. The characteristically cryptic “peek performance” tagline does at least hint at new chips for one or more Macs, whether that’s a truly next-gen Apple M2 for thin-and-light laptops or an M1 Pro/Max-focused refresh for the more powerful desktops.

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Original Article: arstechnica.com

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Charles River’s Q4 Earnings Beats Street Expectation, Reaffirms FY22 Outlook

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Charles River Laboratories International Inc’s (NYSE: CRLQ4 sales increased 14.4% Y/Y to $905.1 million, beating the consensus of $888.27 million.

Acquisitions contributed 5.9% to consolidated fourth-quarter revenue growth. Organic revenue growth was 10.5%, driven by contributions from all three business segments. 
Adjusted EPS reached $2.49 higher than $2.39 posted a year ago and …

Full story available on Benzinga.com

Article: benzinga.com

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