Oil Futures Recover To Hit 10-month High, Settle On Firm Note

GD Culture Group Stock Gains 21% On Launch Of Live-streaming Game On TikTok

Shares of GD Culture Group Limited (GDC) gained over 21% on Tuesday morning after the company announced that its subsidiary AI Catalysis has launched an interactive live-streaming game on TikTok.

GDC is currently trading at $3.3638, up $0.5938 or 21.4368%, on a volume of 14 million shares, above average volume of 0.8 million, on the Nasdaq. The stock opened its trading at $2.7600, after closing Friday’s trading at $2.7700. The stock has traded between $1.8000 and $44.0000 in the past 52-week period.

The company says the live-streaming game offers a “real-time and immersive gaming experience.”

CEO Xiaojian Wang said, “The synergy of real-time interaction and gaming engagement hits the sweet spot of today’s digital appetite. Moving forward, our goal is to enhance our impact on TikTok, diversify people’s way of entertainment, and deliver lasting value to our shareholders.”

Why I Dress (and Act) Like a Man

Tired of being deferential to men in my relationships, I decided to create my own drag king persona.

By Maxine Swann

PHOTOS: Colorado Buffaloes at TCU Horned Frogs football

The Colorado Buffaloes and head football coach Deion Sanders best the TCU Horned Frogs at Amon G. Carter Stadium in Ft. Worth, Texas on Saturday Sept. 02, 2023. The Buffaloes won 45 – 42.

BonBon Brings Its Swedish Fish to the Upper East Side

Check out the candy emporium’s new shop, pick up a new filled cookie from Ladurée and more food news.

By Florence Fabricant

Insmed Gains On Positive Phase 3 Results From ARISE Study Of Arikayce

Insmed Inc. (INSM) shares are progressing more than 18 percent on Tuesday morning after announcing positive results from the phase 3 ARISE study of Arikayce or Amikacin Liposome inhalation suspension in patients with nontuberculous mycobacterial or NTM lung disease caused by Mycobacterium avium complex.

The company said the study met its primary objective.

Based on the positive results, the biopharmaceutical company plans to propose to FDA that the QOL-B respiratory domain PRO be the primary endpoint for the ENCORE study without any modifications.

Currently, shares are at $26.85, up 18.66 percent from the previous close of $22.64 on a volume of 4,029,903 shares.

Jacob J. Lew Nominated As U.S. Ambassador To Israel

President Joe Biden has nominated Jacob J. Lew as U.S. Ambassador to Israel.

Jacob J. Lew is managing partner of Lindsay Goldberg LLC and a visiting professor of international and public affairs at Columbia University.

The 58-year-old attorney and politician has a long and distinguished career in public service.

Lew served as Secretary of the Treasury for President Barack Obama and had broad responsibilities for economic diplomacy. In addition, he held positions as Deputy Secretary of State for Management and Resources and as Chief of Staff for the President.

Lew was the Director of the Office of Management and Budget (OMB), a position he also held in President Clinton’s Cabinet from 1998 to 2001. In both Administrations, he was a principal at the National Security Council.

Earlier, as Special Assistant to President Clinton, he was one of the architects of the national service program, Americorps. Prior to joining the Obama administration, Lew served as managing director and chief operating officer for two Citigroup business units.

Earlier he was executive vice president and chief operating officer of New York University and a professor of public administration in the Wagner Graduate School of Public Service.

He currently chairs the board of the National Committee on United States-China Relations, is co-president of the board of the National Library of Israel USA and is a member of the Council on Foreign Relations. He earned an A.B. degree from Harvard and a J.D. degree from Georgetown University.

A Dinner Party Menu That Finds Inspiration in Italy

Transport yourself to the Mediterranean with a roasted pepper antipasto, a succulent fish in tomato broth and an easy, showstopping plum tart from David Tanis.

By David Tanis

Helius Medical Stock Surges 50%

Shares of Helius Medical Technologies, Inc. (HSDT) surged over 50% on Tuesday morning. The company announced that it is compliant with all applicable Nasdaq listing criteria.

HSDT is currently trading at $11.10, up $3.72 or 50.41%, on the Nasdaq. The stock opened its trading at $10.70 after closing Friday’s trading at $7.38. The stock has traded between $5.69 and $29.50 in the past 52-week period.

On Tuesday, Helius Medical Technologies announced that on August 31, 2023, Helius received formal notice from the Listing Qualifications staff of The Nasdaq Stock Market LLC indicating that Helius has evidenced full compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) and otherwise satisfies all other applicable criteria for continued listing on The Nasdaq Capital Market. As a result, the listing matter has been closed.

Oil Futures Recover To Hit 10-month High, Settle On Firm Note

Oil prices climbed higher on Tuesday after Saudi Arabia and Russia announced they will extend their voluntary production cuts by three months.

Saudi Arabia said today that it will extend its 1 million barrel per day voluntary oil production cut until the end of 2023. The kingdom, which first applied the 1 million bpd reduction in July, has been extending it on a monthly basis.

This 1-million cut is in addition to the reduction of 1.66 million barrels per day of other voluntary output declines that some members of OPEC have put in place until the end of the year.

Both Russia and Saudi have stated that they would review the supply cuts on a monthly basis, and modify them depending on market conditions.

West Texas Intermediate Crude oil futures for October ended higher by $1.14 or about 1.3% at $86.69 a barrel. WTI crude futures rose to a 10-month high of $88.07 a barrel earlier in the session.

Brent crude futures settled at $90.04 a barrel, gaining $1.04 or about 1.2%.

Oil prices fell earlier in the session as weak service sector data from China, the world’s second largest economy and largest crude importer, fueled demand concerns.

Disappointing data from the euro area and the U.K. also signaled waning consumer demand and pointed to more headwinds for the global economy.