Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

Money

US scientists score Nobel Prize for groundbreaking chilli sensory discovery

Published

on

US researchers David Julius and Ardem Patapoutian score the top prize for their “profound discovery” on receptors and touch.

The Nobel Prize in Physiology or Medicine has been awarded to two US researchers working on the discovery of a lifetime.

The Nobel Prize in Physiology or Medicine has been awarded for the discovery of receptors for temperature and touch.

The two winners, US scientists David Julius and Ardem Patapoutian were announced on Monday by the secretary-general of the Nobel committee.

Julius, born on November 4, 1955 is in affiliation with the University of California, San Francisco while Beirut-born researcher Patapoutian is an affiliate of the Howard Hughes Medical Institute in California.

The researches used chilli to identify the nerve sensors responsible for the skin responding to heat while other pressure-sensitive sensors were found that react to mechanical stimulation.

Such discoveries launched intense research into how heat, cold, and mechanical stimuli is sensed by the human nervous system.

Additionally, it’s helped enhance scientific understanding into the complex relationship between human senses and the environment.

Decades in the making

David Julius has been working on this research alongside his co-workers since the late 1990s.

Since then, he’s been trying to understand how the chemical compound capsaicin causes the burning sensation felt when coming into contact with chili peppers.

As part of the research, Julius and his fellow co-workers came up with a library of DNA fragments which matched to genes that are expressed in the sensory neurons.

A long, laborious search followed until a single gene that made cells capsaicin-sensitive was identified.  

Julius and Patapoutian then underwent further research, contributing to the groundbreaking discoveries they’ve made today.

A discovery “crucial for survival”.

The Nobel committee says it’s a “profound discovery” that is “crucial for our survival”.

Their research is helping other researchers develop treatments for a wide range of disease conditions, including chronic pain.

The scientists were awarded a gold medal and more than 10 million Swedish kronor.

It’s the first Nobel prize this year, with more to come over the next week.

Written by Rebecca Borg

Money

Stocks rally ahead of Thanksgiving as markets log four days of gains

Markets gain momentum ahead of Thanksgiving, with the Dow up 388 points and Oracle rising 4% amid investor optimism.

Published

on

Markets gain momentum ahead of Thanksgiving, with the Dow up 388 points and Oracle rising 4% amid investor optimism.


Markets are moving into the Thanksgiving break with strong momentum, as stocks notch four straight days of gains. The Dow Jones Industrial Average jumped 388 points, while the S&P 500 added 0.9%, pushing both indexes toward their best week since June.

Oracle led major movers, rising more than 4% after Deutsche Bank reaffirmed its bullish outlook on the tech giant. Broad investor optimism continues building across sectors as economic data softens and earnings remain resilient.

All eyes are now on the Federal Reserve and what potential shifts in interest-rate policy may mean for the markets. U.S. markets will close Thursday for the Thanksgiving holiday and reopen Friday for a shortened trading session.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#Markets #Stocks #Thanksgiving #DowJones #SP500 #Oracle #FederalReserve #FinanceNews


Download the Ticker app

Continue Reading

Money

Dow surges 500 points amid rate cut optimism

Dow jumps 569 points on fresh hopes for December rate cut and AI market optimism

Published

on

Dow jumps 569 points on fresh hopes for December rate cut and AI market optimism

video
play-sharp-fill
In Short:
– Dow Jones rose 569 points, reflecting optimism for a Federal Reserve interest rate cut.
– Alphabet’s stock increased as Meta may invest in AI chips, but Nvidia’s declined amid market concerns.
The Dow Jones Industrial Average increased by 569 points or 1.2% on Tuesday, reflecting investor optimism for an upcoming Federal Reserve interest rate cut. The S&P 500 and Nasdaq Composite also posted gains, up 0.8% and 0.4% respectively. This represented a recovery from earlier losses, where the S&P 500 briefly fell by 0.7%.Banner

Markets anticipate an 85% chance of a quarter-point rate cut in December, driven by comments from New York Fed President John Williams, who indicated the possibility of lower rates soon. Investor sentiment strengthened following reports that Kevin Hassett may be appointed as the next Fed chair, potentially resulting in a more lenient monetary policy.

Tech Sector

Alphabet saw its stock rise by over 1% after reports indicated that Meta Platforms might invest in its AI chips. This could signal increased demand for AI technology, benefiting the sector overall. However, Nvidia’s stock fell more than 3%, suggesting concerns about its dominance in the AI chip market.

Investors are also wary of the valuation of tech stocks. Despite recent gains, the S&P 500 and Nasdaq remain down over 1% and 3%, respectively, for November, while the Dow has lost more than 1% this month. The broader market’s performance indicates ongoing scrutiny regarding tech valuations amid changing economic expectations.


Download the Ticker app

Continue Reading

Money

Gold prices surge as Central Banks buy big, but risks grow ahead

Gold prices surge as central banks increase demand; risks include a stronger dollar and rising interest rates.

Published

on

Gold prices surge as central banks increase demand; risks include a stronger dollar and rising interest rates.


Gold prices are climbing fast as central banks ramp up buying, pushing demand to its highest levels in years. The metal’s reputation as a safe haven is strengthening, especially amid rising geopolitical tensions and global financial uncertainty.

But experts warn the shine could fade. A stronger US dollar and the possibility of rising interest rates may weigh on momentum, making investors question how long the rally can last.

Dr Steven Enticott from CIA Tax breaks down the drivers behind gold’s surge—from ETF inflows to physical bar demand—and what could send the price sharply higher… or lower.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#gold #markets #centralbanks #economy #finance #investing #interestRates #usdollar


Download the Ticker app

Continue Reading

Trending Now