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  • Equities
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Citigroup Expects Reorganization To Cost $1B, Complete In Q1: Report

By Lekha Gupta
December 7, 2:42 PM
Yesterday at the Goldman Sachs conference, Citigroup Inc (NYSE: C) Chief Financial Officer Mark Mason reportedly disclosed the bank's largest reorganization in decades will cost about $1 billion for charges related to restructuring and severance.

C

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Why Bristol Myers Squibb’s Shares Are Gaining Today?

By Vandana Singh
December 7, 1:37 PM
Bristol Myers Squibb & Co (NYSE: BMY) released topline data from Phase 3 CheckMate -8HW trial of Opdivo (nivolumab) plus Yervoy (ipilimumab) compared to the investigator’s choice of chemotherapy as a first-line treatment for microsatellite instability-high (

BMY

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Why Cloud Software Company Veeva Systems Shares Are Down Today

By Lekha Gupta
December 7, 11:28 AM
Veeva Systems Inc (NYSE: VEEV) shares are trading lower by around 4% 

VEEV

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Double Flops For Merck’s Lung Cancer Studies

By Vandana Singh
December 7, 10:34 AM
Merck & Co Inc (NYSE: MRK) announced full results from the Phase 2 KeyVibe-002 trial of vibostolimab/pembrolizumab combo, with or without docetaxel for metastatic non-small cell lung cancer (NSCLC) with progressive disease after treatment with immunotherapy and 

MRK

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Wall Street Futures Steady, Big Tech Advances On AI, Yen Roars, Bitcoin Drops 1% Following Jamie Dimon’s Concerns

By Piero Cingari
December 7, 9:31 AM
Futures on Wall Street are trading flat during the premarket session on Thursday as traders seek further insights into the future of monetary policy.

AMD

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Sanofi Lays Out Ambitious Plans To Bolster Its Pipeline, Highlights 12 Blockbuster Opportunities

By Vandana Singh
December 7, 8:30 AM
Sanofi SA (NASDAQ: SNY) says it has 12 drugs in development with a blockbus

SNY

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Move Aside, Nvidia: Meta, Microsoft Opt For New AMD Artificial Intelligence Chip

By Piero Cingari
December 6, 6:10 PM
Tech giants Meta, Microsoft and OpenAI are adopting AMD Instinct MI300X GPU, challenging Nvidia's dominance.

AMD

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Broadcom Stock Up 64% YTD: Here’s What Analysts Expect From Q4 Report

By Surbhi Jain
December 6, 4:16 PM
Broadcom Inc reports Q4 earnings on Nov. 7 with analysts expecting $10.98 EPS and $9.41B in revenue. AVGO stock is up 64% YTD on AI frenzy.

AAPL

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Bull Market Takes Flight For Airline Stocks As Rosier 2024 Outlook Clears Wall Street’s Last Hurdles

By Piero Cingari
December 6, 3:54 PM
Airline stocks, tracked by U.S. Global Jets ETF, have surged 20% since Nov, driven by strong demand & optimistic projections.

AAL

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Stocks Stall While Gold, Treasuries Rise; Oil Puts Pressure On Energy Stocks: What’s Driving Markets Wednesday?

By Piero Cingari
December 6, 3:03 PM
Major large-cap stock indices hovered around parity during early afternoon trading in New York, in a rather subdued trading session on Wall Street.

BF

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