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Business

Twist Bioscience Raises Revenue Outlook on Surging AI-Driven Demand, Spotlighting Growth and Volatility

Synthetic biology firm Twist Bioscience has lifted its full-year revenue guidance, citing robust demand for its AI-powered DNA and protein platforms. The announcement, coupled with strategic equity grants to new hires, underscores the company's aggressive push to capitalize on the booming intersection of AI and biotech, even as its long-term stock performance reveals underlying volatility.

Business

Nike Under EEOC Scrutiny: Diversity Initiatives Face Legal Test as Investor Concerns Mount

The U.S. Equal Employment Opportunity Commission has launched a formal investigation into Nike Inc., probing whether the sportswear giant's diversity, equity, and inclusion programs have inadvertently led to discriminatory practices against White employees and applicants. The regulatory move places Nike's workplace policies under a legal microscope, potentially triggering significant reputational and financial repercussions for the Swoosh brand.