General Archives - Page 79 of 2367

2 minute read

Microsoft’s UAE Deal Could Transfer Key US AI Tech Abroad Amid National Security Concerns

May 23, 3:37 AM

U.S. officials have expressed concerns about potential national security risks, including the possibility of AI systems facilitating the creation of weapons.

MSFT

6 minute read

Make America Green Again: U.S. Cannabis Has Bipartisan Support

By Todd Harrison

May 22, 6:08 PM

By Todd Harrison via Cannabis Confidential (May 22)

MSOS

1 minute read

Target Blames ‘Strain On Consumer Wallet’ For Tough Quarter, CEO Says

By Aaron Bry

May 22, 3:18 PM

Target CEO Brian Cornell blamed the retailer's challenging quarter on inflation, particularly in food and household essentials.

LULU

1 minute read

Toll Brothers’ Margin Outlook Conservative – Analysts Explain Why

By Nabaparna Bhattacharya

May 22, 2:25 PM

Toll Brothers' conservative margin guidance prompts analysts' concerns despite impressive quarterly performance and order beat.

TOL

7 minute read

5 Things To Know In Investing This Week: The Let’s Look At The Data Issue

By Gary Brode

May 22, 1:35 PM

DKI stock pick, AuthID, announces 1Q revenue almost as high as all of 2023. Guidance indicates they expect quarterly revenue to double this year. They still need to announce new contracts, but the year is off to an excellent start. Lyn Alden @LynAldenContact makes a brilliant point explaining fiscal dominance.

AUID

2 minute read

Norwegian Cruise Line Should Strengthen Cost Management, Says Analyst

By Shivani Kumaresan

May 22, 1:26 PM

BofA Securities analyst Andrew G. Didora reiterated a Neutral rating on Norwegian Cruise Line Holdings with a price target of $20.00. The cruise operator raised its 2024 adjusted earnings guidance to $1.42 per share and introduced new 2026 targets with earnings around $2.45 per share. NCLH aims for net leverage of 4.5x by 2026, assuming $7 billion in operating cash flow.

NCLH

2 minute read

Hawaii Court Rules Against Bristol Myers, Sanofi In Blood Clot Drug Case, Increases Liability To $916M

By Vandana Singh

May 22, 1:25 PM

A Hawaii judge has ordered Bristol Myers Squibb and Sanofi to pay $916 million for not warning non-white patients about the health risks of their blood thinner Plavix. The ruling follows a previous $834 million judgment

BMY

2 minute read

Novo Nordisk’s Once-Weekly Insulin Flagged With Risk Of Low Blood Sugar Ahead Of FDA Review

By Vandana Singh

May 22, 1:21 PM

The FDA's Endocrinologic and Metabolic Drugs Advisory Committee will review Novo Nordisk's application for once-weekly insulin icodec on May 24. Concerns include an increased risk of hypoglycemia in type 1 diabetes patients.

NVO

1 minute read

XPeng’s G6 EV Will Drive High Growth In Vehicle Sales: Goldman Sachs

By Nabaparna Bhattacharya

May 22, 12:39 PM

Analyst projects significant growth for XPeng's G6 EV, driving a 63% CAGR in vehicle sales and market share increase to 4%, with strong software revenue contribution.

XPEV

2 minute read

Ultragenyx Faces Lawsuit Over Alleged Unjust Use of Henrietta Lacks’ Cells

By Vandana Singh

May 22, 12:27 PM

The estate of Henrietta Lacks can proceed with a lawsuit against Ultragenyx Pharmaceutical over the use of HeLa cells taken without her consent in the 1950s. A Maryland federal court ruled against Ultragenyx's motion to dismiss, allowing the case to continue.

RARE