China’s Instant Grocery Battle Intensifies as Alibaba Bids $1.5 Billion for Pupu
The move intensifies competition with Meituan in China’s instant grocery delivery market.
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The move intensifies competition with Meituan in China’s instant grocery delivery market.
Wolfe Research cuts Spyre Therapeutics from Outperform to Peer Perform, citing fair valuation ($96–$113) and weaker Q3 catalysts.
Boeing posts $428M Q2 loss, worse than expected, after $280M Air Force One charge. Revenue rises 8% on higher deliveries as 737 production ramps up.
Altimmune’s experimental drug cut heavy drinking and helped weight loss in a mid-stage alcohol use disorder trial. Next: FDA meeting.