Large Cap Archives - Page 106 of 437

2 minute read

Wind Of Change: Energy Giants Equinor & BP Give Offshore Wind Power Project Deal A Second Chance

January 26, 8:21 AM

In a cash-neutral move, Equinor and BP redefine offshore wind territories. While Equinor eyes NY's offshore ambitions, BP takes the helm of Beacon Wind projects. The deal, set to close in Q2 or Q3 2024, reshapes both companies' strategies without impacting Equinor's adjusted earnings.

1 minute read

Ericsson Powers Up: Secures EUR 420M Boost For Next-Gen Wireless Technology

By Lekha Gupta

January 26, 6:51 AM

Ericsson fortifies wireless R&D with EUR 420 million funding from the European Investment Bank. The investment aims to enhance wireless technology, supporting a low-carbon economy. CFO Carl Mellander emphasizes the positive impact on product competitiveness and energy efficiency.

ERIC

2 minute read

Eli Lilly’s Famed Obesity And Diabetes Drug, Mounjaro, Comes To UK Patients, Wins Regulatory Clearance For Prefilled Injection Pen

By Vandana Singh

January 25, 5:11 PM

Eli Lilly's MHRA-approved Mounjaro KwikPen offers effective diabetes and weight management. Learn about the four-dose version's benefits for type 2 diabetes patients.

LLY

2 minute read

If You Invested $1,000 In American Express Stock When Warren Buffett’s Berkshire Hathaway First Invested, You’d Have Over 3.5X Your Money Today

By Surbhi Jain

January 25, 4:22 PM

Warren Buffett has been bullish on American Express stock since first quarter of 2001. It has gained 350% with a potential for more growth, making it a top holding for Berkshire Hathaway.

AXP

2 minute read

World’s Smallest Brain Stimulation Device For Movement Disorder: FDA Approved Abbott’s Liberta RC DBS system

By Vandana Singh

January 25, 4:19 PM

Abbott's Liberta RC DBS system, the world's smallest FDA-approved rechargeable deep brain stimulation device. With only 10 recharges a year, it's compatible with NeuroSphere Virtual Clinic, reducing the need for travel.

ABT

1 minute read

DuPont’s Forecast Dims: Analysts Revise Ratings And Expectations In Light Of Softening Market Conditions

By Lekha Gupta

January 25, 3:46 PM

Analyst downgrades DuPont stock due to lower sales and earnings expectations, reducing estimates for 2024 and 2025.

2 minute read

S&P 500 Eyes Sixth Green Session, Tesla Tumbles, Oil At 2-Month High: What’s Driving Markets Thursday?

By Piero Cingari

January 25, 3:22 PM

U.S. stock market gains due to strong economic growth and low inflation expectations. Dollar and treasury yields down, oil up, Tesla drops 12%.

AAL

2 minute read

Hollywood Power Play: David Ellison Aims to Transform Paramount Global Under Skydance Leadership

By Vandana Singh

January 25, 2:56 PM

Skydance Media founder David Ellison eyes National Amusements acquisition, targeting Paramount Global control. Talks underway for potential merger, financing by Skydance investors.

CMCSA

2 minute read

How EVs, High-Tech Vehicles Are Fueling Surge In Insurance Stocks

By Piero Cingari

January 25, 2:49 PM

Insurance company stocks in 2024 have outperformed S&P 500, with a 5% increase driven by soaring vehicle insurance costs and complexity of EV repairs.

ALL

3 minute read

EXCLUSIVE: Tesla’s Humanoid Robot ‘Was A Fake,’ And Elon Musk ‘Doesn’t Deliver At All,’ Says Analyst

By Neil Dennis

January 25, 1:50 PM

Analyst skeptical about Tesla's humanoid robot as doubts arise post-earnings report. Says Musk's promises aren't executed, with weaker demand for EVs and lack of profits.