-- Kymera Therapeutics (KYMR) has an average rating of buy and mean price target of $118.27, according to analysts polled by FactSet.
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Consumer stocks were mixed premarket Wednesday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) retreating 0.4% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) advancing 1.4%.Amazon (AMZN) shares were up more than 1% a day after The Information reported the company-backed Anthropic will pay Alphabet's (GOOG, GOOGL) Google Cloud about $200 billion over five years for computing capacity and processors.
Tianneng Power's (HKG:0819) unit Tianneng Battery Group completed the issue of 1 billion yuan bonds to professional investors, according to a Hong Kong bourse filing Thursday.The bonds carry a fixed interest rate of 1.58% per annum and will fall due in three years.The battery manufacturer intends to use proceeds to repay bank borrowings and bonds payable.
Triton Uranium is considering a U.S. listing through a merger with a special purpose acquisition company in 2026, its president Scott Evans told Reuters, as the company seeks to tap rising demand for nuclear fuel and bolster domestic supply.The Canada-based company has begun development work at its Atlas Project in Uranium City, Saskatchewan, where it controls about 46,742 acres of mineral claims, the report said.Triton is preparing to launch a 10,000-meter drill programme across four priority targets, including the Dubyna Mine area, with drilling scheduled to commence in June, the report added.The Reuters report noted earlier this year, Denison Mines Corp (DML.TO), and NexGen Energy (NXE.TO) received approval from the Canadian Nuclear Safety Commission to begin construction of their Wheeler River and Rook I projects, respectively, in northern Saskatchewan -- the first approvals for new Canadian uranium mines since 2004.Meanwhile, The Wall Street Journal noted, efforts to build new mines focus on the Athabasca Basin in the far north of western Canada's Saskatchewan province, where uranium-giant Cameco hasoperated for years. Cameco runs the world's two largest uranium operations: McArthur River/Key Lake, in service since 1983, and Cigar Lake, which began commercial operations in 2015.(Market Chatter news is derived from conversations with market professionals globally, and/or from other media sources. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)