Solar Stocks Shine Again As Declining Treasury Yields Boost Market Confidence
Solar stocks have surged due to favorable market conditions and positive earnings. First Solar's strong performance signals a turning point.
Google DeepMind Develops Latest AI Model To Aid Scientists In Fighting Disease
Google DeepMind reveals its AlphaFold 3, which specializes in molecular predictions for proteins, DNA, RNA, and drug molecules.
Pfizer Agrees To Settle Over 10,000 Lawsuits About Cancer Risks Associated With Discontinued Heartburn Drug Zantac
Pfizer settles 10,000 Zantac lawsuits over cancer risks, but challenges remain. Details undisclosed. Sanofi's $100 million+ agreement also noted. Legal battles ongoing.
Why Is New York Times Stock Trading Higher On Wednesday?
New York Times' digital subscribers hit 9.91 million, growing by 210K in Q1. Sales reached $594M, up 5.9% Y/Y. Digital ARPU rose to $9.21. CEO Meredith Kopit Levien emphasizes a strong start in 2024. Guidance predicts subscription revenues up by 6%-8% in Q2.
Elanco Animal Health’s Q1 Earnings Show Improved Base Business, Analyst Highlights Slightly Delayed But Encouraging Pipeline
Elanco Animal Health (NYSE: ELAN) reports Q1 results: adjusted EPS $0.34 (-26% Y/Y), sales $1.21B (-4% Y/Y). 2024 guidance: EPS $0.88-$0.96, revenue $4.46-$4.52 billion.
KKR Inks ~$1.4B Deal For Australian Company Perpetual’s Corporate Trust And Wealth Management Units: Details
KKR to acquire Perpetual's wealth management & corporate trust businesses for AU$2.175 billion.
Generics Player Teva Pharmaceutical Aces Late-Stage Schizophrenia Drug Study, Stock Shoots Higher
Results from the Phase 3 SOLARIS trial of TEV-‘749 for schizophrenia treatment. SteadyTeq technology ensures controlled olanzapine release. Clinically meaningful improvements in PANSS scores observed across dosing groups.
Second Death – Pfizer Reports Young Boy’s Death After One Year Of Gene Therapy Treatment In Muscle Wasting Disorder Trial
A young patient passed away from cardiac arrest after receiving Pfizer's experimental gene therapy for Duchenne muscular dystrophy. Pfizer investigates while trials continue, including Phase 3 study. Second death associated with the therapy.
Israel Must Protect Civilians In Rafah, US Defense Secretary Says After Halted Weapons Shipment
US halts arms shipment to Israel due to concerns over potential large-scale offensive in Gaza, emphasizing need to protect civilians.
What’s Going On With Mining Giant BHP Shares Today?
BHP's subsidiary signed Exploration Alliance Agreement with Ivanhoe Electric to explore for copper and other minerals in the US, with a mutual goal of finding new sources for the growing demand. BHP will provide $15M initial funding, with potential for more on a 50/50 basis.