Morning Buzz: Apple (AAPL), Taser (TASR), Nvidia (NVDA), Zafgen (ZFGN), Synthetic Biologics (SYN)

Apple Mac

Apple Inc (AAPL) – The Journal reports that Cupertino is seeking the Indian governement’s approval to open retail stores in the country as well as to be able to directly sell products online.

Shares of Apple are lower by 1.67% to $95.05 in pre-market trading on Wednesday.

Taser International Inc. (TASR) – The BaltimoreSun reports that Taser has been chosen to supply body cameras for the Baltimore police starting this year.

Shares of Scottsdale, Arizona-based company have declined 13.59% in the last 4 weeks and 41.13% in the past three months. Over the past 5 trading sessions the stock has lost 8.58%.

NVIDIA Corporation (NVDA) – Bloomberg reports that Alibaba (BABA) and Nvidia (NVDA) have partnered on cloud computing and artificial intelligence. The report notes that China’s biggest e-commerce operator plans to spent $1 billion on the project and enlist about 1,000 developers to work on its big-data platform during the next three years.

Zafgen, Inc. (ZFGN) shares climbed 66.37% to $9.35 in pre-market trading after the company said its experimental obesity drug beloranib was successful in treating patients with a rare genetic eating disorder.

Shares of Synthetic Biologics Inc. (SYN) soared 32% pre-market after the company reported positive topline data from second phase 2 clinical trial of SYN-010 in patients with irritable bowel syndrome with constipation.

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