Price: $229.23, Change: $-11.37, Percent Change: -4.73%
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Contango Q1 Net Loss Narrows
Contango Silver and Gold (CTGO) shares were down more than 3% in Thursday trading after the company missed Q1 earnings expectations.The company reported a Q1 net loss Thursday of $0.83 per diluted share, narrowing from a loss of $1.88 a year earlier.Three analysts surveyed by FactSet expected earnings of $0.65.Price: $25.52, Change: $-0.84, Percent Change: -3.19%
Market Chatter: OpenAI Preparing for Possible Legal Action Against Apple
Microsoft-backed (MSFT) OpenAI is preparing possible legal action against Apple (AAPL) as the partnership between the two companies has become strained, Bloomberg reported Thursday, citing people familiar with the matter.OpenAI's lawyers are working with an outside law firm on a range of options, including sending Apple a notice alleging breach of contract without actually filing a full lawsuit at the outset, the report said, citing the people.OpenAI and Apple didn't immediately reply to requests for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $297.73, Change: $-1.14, Percent Change: -0.38%
Oppenheimer Raises Biogen Price Target to $300 From $275, Maintains Outperform Rating
Biogen (BIIB) has an average rating of overweight and mean price target of $0, according to analysts polled by FactSet.Price: $194.50, Change: $-10.03, Percent Change: -4.90%