Tag: Industrial Goods
Novartis to bolster its oncology portfolio with acquisition of MorphoSys
Novartis AG on Monday announced it has agreed to buy German biopharmaceutical company MorphoSys AG for 2.7 billion euros ($2.9 billion). Under the deal, Switzerland-based [Read more about this post…]
Super Micro board member buys over $1 million in stock after 600% yearly surge
Super Micro Computer Inc. shares have surged more than 600% over the past year, but one board member just sent a signal of confidence by [Read more about this post…]
Some board members felt pressured to take drugs with Elon Musk, WSJ reports
Some Tesla Inc. board members felt pressured to take drugs with Chief Executive Elon Musk for risk of upsetting him if they did not partake, [Read more about this post…]
Opinion: Salesforce, AMD, other non-Nvidia Big Tech stocks to watch as AI goes mainstream
In 2023, the AI winners and losers were largely defined by how they found ways to make money from the technology. Nvidia NVDA, +4.97% emerged [Read more about this post…]
Why Spectrum parent Charter’s stock just had the worst day in its history
Charter Communications Inc. shares suffered their worst one-day drop on record Friday as the company’s latest earnings illustrated continued pressures in the cable industry. The [Read more about this post…]
Intel shares dip after report of delayed opening for massive Ohio chip factory
Shares of Intel Corp. slipped in extended trading Thursday after the Wall Street Journal reported that the start of production at the chip maker’s new [Read more about this post…]
Opinion: Meta stuns Wall Street with its first dividend. Amazon and Alphabet may be next.
Meta Platforms Inc. surprised Wall Street on Thursday with its first-ever dividend, a move that’s likely Silicon Valley’s most monumental dividend decision since Apple Inc. [Read more about this post…]
Trump leads Biden in 7 swing states and is favored on handling the economy: poll
Former President Donald Trump continues to have an advantage over President Joe Biden in the U.S. states that are likely to decide the 2024 White [Read more about this post…]
Boeing results beat on everything, but keeps investors guessing on the outlook
Boeing Co. assuaged investors’ fears for the moment on Wednesday, as the aerospace and defense giant’s fourth-quarter results beat Wall Street expectations in all of [Read more about this post…]
Ozempic maker Novo Nordisk reports 62% surge in profit
Novo Nordisk on Wednesday said its fourth-quarter profit surged by nearly two-thirds, driven by the popularity of its weight-loss drugs that have made it Europe’s [Read more about this post…]