Large Cap Archives - Page 103 of 437

2 minute read

Why Is Technology Company F5 Stock Rocketing Premarket Tuesday?

January 30, 7:46 AM

F5 Inc (NASDAQ: FFIV) reported Q1 FY24 results with revenue of $693 million, beating expectations. Global services up 7%, product down 10%. Adjusted EPS of $3.43, outlook raised for 6%-8% growth in FY24.

FFIV

2 minute read

Pharma Giant Gilead Raises Stake In Cancer-Focused Arcus Biosciences, Stock Soars

By Vandana Singh

January 30, 7:27 AM

Arcus Biosciences sees a 17.1% surge as Gilead Sciences amends collaboration, investing $320M at $21.00/share. Accelerate joint programs in cancer therapy.

GILD

2 minute read

HSBC Hit With £57.4M Penalty For Deposit Protection Breaches

By Lekha Gupta

January 30, 6:55 AM

HSBC fined $73 million for serious failings in protecting some depositors, violating British rules to safeguard customers.

HSBC

2 minute read

Starbucks Q1 2024 Earnings Preview: Can The Coffee Giant Brew Up Another Beat?

By Piero Cingari

January 29, 7:04 PM

Starbucks Corp. (NASDAQ: SBUX) set to release fiscal Q1 2024 earnings on Jan. 30, 2023. Analysts expect EPS of $0.93 and revenue of $9.609B.

SBUX

2 minute read

Investor Optimism Around Keytruda Drives Merck Stock To Golden Cross Ahead of Earnings

By Surbhi Jain

January 29, 3:05 PM

Merck stock has gained 20% since Nov. 28; a technical signal suggests the rally isn't over. Keytruda approvals also drive optimism.

HARP

2 minute read

AbbVie’s Transformational 2023, Analyst Anticipates Growth in 2024 Amid Competitive Pressures

By Vandana Singh

January 29, 3:04 PM

AbbVie's growth outlook in 2024 as William Blair upgrades, highlighting strong performance in Humira erosion management, strategic acquisitions, and a 3.8% dividend yield.

ABBV

2 minute read

US Stocks Rise At Week’s Start, Tesla Rebounds, SoFi, Lucid Shine: What’s Driving Markets Monday?

By Piero Cingari

January 29, 2:57 PM

Wall Street witnessed slight gains at midday on Monday, with investors eagerly awaiting a series of critical earnings reports, the Federal Reserve’s meeting on Wednesday and the much-anticipated job market report this Friday.

AAPL

2 minute read

Hydrogen Highway: Stellantis Gears Up With In-House Production Of Eco-Friendly Commercial Vans In Europe

By Lekha Gupta

January 29, 2:24 PM

Stellantis NV begins volume production of hydrogen fuel cell vans in France and Poland, expanding its line of zero-emission commercial vehicles.

STLA

2 minute read

Eli Lilly Wants to Expand Access to Weight-Loss Treatments In Germany, In Talks With Government

By Vandana Singh

January 29, 2:14 PM

Eli Lilly in talks with German government to lift ban on health system coverage for weight-loss treatments. Explore Mounjaro's recent EU approval and market launches.

LLY

1 minute read

Roche Walks Away From HOOKIPA Pharma-Partnered KRAS-Focused Cancer Deal

By Vandana Singh

January 29, 1:55 PM

HOOKIPA Pharma's strategic focus on HB-200 program for HPV16+ HNSCC, infectious disease cure collaboration with Gilead, and recent developments.

GILD