Abbott bolsters diagnostics portfolio with up to $23 billion buyout of Exact Sciences
Abbott said on Thursday it would buy cancer test maker Exact Sciences in an up to $23 billion deal, bolstering the medical device maker’s diagnostics business.
Nvidia posted another monster quarter. Here is the number that impressed analysts the most
Nvidia was able to clear another sky high earnings bar, with analysts left most impressed by one number: its Blackwell and Rubin chips sales guidance.
Saba Capital activist investor Boaz Weinstein sees ‘storm brewing’ in UK investment trusts — and has pounced on these two names
Activist hedge fund manager Boaz Weinstein unveiled two bets in the U.K. investment trust space at this year’s Sohn London event.
Novartis sees sales boost from key cancer drugs
Novartis on Thursday forecast sales growth of 5% to 6% per year to 2030, on a currency-adjusted basis, as sales for cancer drugs offset expiring patents.
Goldman says these banks and other ordinary companies may benefit most from next phase of AI trade
Goldman’s basket of AI productivity beneficiaries, including Bank of America, has seen double-digit returns this year and could have more room to run.
Nvidia sent a strong signal on AI infrastructure — but is it a bubble barometer?
Analysts agree that Nvidia’s earnings are a clear signal of of strong demand for AI infrastructure. Less clear, however, is whether the results can dispel fears of an AI bubble in markets.
Ukraine under pressure amid reports Russia and U.S. have devised a secret peace plan
Senior U.S. military officials are in Ukraine on Thursday — a day after reports emerged that Washington and Moscow had devised a secret 28-point peace plan.
Walmart will report earnings before the bell. Here’s what to expect
Walmart, which caters to shoppers across incomes, may offer the clearest snapshot of U.S. consumer health so far this retail earnings season.
Nvidia stock pops 5% in premarket trading after stronger-than-expected results
The AI chipmaker’s strong quarterly earnings have boosted global AI stocks.
‘Robotaxi has reached a tipping point’: Baidu, Nvidia leaders see momentum as competition rises
Global tech executives in recent weeks have proclaimed the robotaxi industry is finally near an inflection point.