Summary: Gilead Sciences receives FDA approval for updated label of Biktarvy to treat pregnant people with HIV-1, including data from Study 5310. The label update makes Biktarvy the only second-generation INSTI-based STR with FDA approval for pregnant adults.
Full articleSummary: Dignity Health and Aetna have reached a new multi-year contract, ensuring Aetna members maintain in-network access to Dignity Health services in Arizona, California, and Nevada starting April 1.
Full articleSummary: Comcast (NASDAQ:CMCSA) underwent analysis by 10 analysts revealing a spectrum of viewpoints from bullish to bearish with a 3.99% drop in the current average price target compared to the previous average.
Full articleSummary: Charter Communications, Inc. reported Q1 earnings with an increase in sales and net income compared to the same period last year.
Full articleSummary: The S&P 500 outlook remains positive after core PCE inflation data came in higher than expected. Wells Fargo's Chris Harvey predicts the index to reach 5,530 by the end of 2024, indicating a 10% upside potential.
Full articleSummary: Illinois Municipal Retirement Fund significantly reduced its position in MetLife shares during the 4th quarter. Several other large investors also made changes to their stakes in MET. Stock trading down 1.8% and the company recently announced an increased dividend.
Full articleSummary: Honeywell International Inc has shown strength and adaptability in a dynamic global market in the first quarter of 2024, with an increase in net sales and net income. The aviation technologies segment especially displayed solid operational performance.
Full articleSummary: Medtronic received FDA approval for its Inceptiv closed-loop spinal cord stimulator, designed for patients with chronic pain.
Full articleSummary: BNY Mellon disclosed substantial investments in Bitcoin ETFs through their recent Form 13F filings, marking a significant milestone in the adoption of cryptocurrencies by traditional financial institutions.
Full articleSummary: Honeywell International Inc (NASDAQ:HON) has exceeded expectations in the start of the year 2024 by demonstrating strength and adaptability in a dynamic global market, with solid financial performance.
Full articleSummary: Coca-Cola FEMSA, S.A.B. de C.V. reported strong Q1 2024 results with accelerated volumes, revenue growth, and margin expansion. The company is focusing on core business growth, advanced technologies deployment, and customer-centric culture. Key highlights include volume growth across beverage categories, revenue growth of 11.2%, and adjusted EBITDA increase of 13.5%.
Full articleSummary: Analysts from Wells Fargo and Barclays maintained Buy ratings on T Mobile US (TMUS) with price targets of $185.00 and $180.00, respectively. The company reported a strong quarterly revenue and net profit. However, there is negative corporate insider sentiment on the stock.
Full articleSummary: 2 analysts expressed bullish sentiments on Comcast and T Mobile US in the Communication Services sector. Comcast maintained a Buy rating with a price target consensus of $50.42, while T Mobile US was rated a Strong Buy with a price target of $188.22.
Full articleSummary: Collabora's blog post discusses implementing two extensions in NVK, the open source NVIDIA Vulkan driver, which ended up fixing actual games and improving rendering capabilities, with support revised and re-done.
Full articleSummary: BNY Mellon, the world’s largest custodian bank, has revealed its exposure to the spot Bitcoin ETFs market by holding Blackrock’s and Grayscale’s spot BTC ETFs. Recent developments suggest spot Bitcoin ETF demand could soon skyrocket.
Full articleSummary: Intel CEO Pat Gelsinger reported strong sales for Core Ultra laptop chip but lower revenue forecast compared to analyst expectations. Analysts are skeptical as Intel continues efforts to improve its fortunes. Despite revenue increase in latest quarter, concerns remain over production capabilities and timeline of new chip production nodes.
Full articleSummary: HSBC Holdings Plc successfully fought off a £1.3 billion lawsuit over tax breaks linked to Walt Disney Co. film financing.
Full articleSummary: Colgate-Palmolive reported strong first-quarter FY24 sales growth of 6.2%, beating analyst estimates. The company also saw an increase in organic sales and net sales, along with a rise in non-GAAP EPS. Colgate raised its FY24 net sales growth guidance and expects continued margin expansion and increased advertising investment.
Full articleSummary: Erste Group analyst upgraded NextEra Energy (NYSE:NEE) from Hold to Buy based on positive financial outlook, projected earnings growth, and strategic shift to renewable energy. The company is expected to see a 5% year-over-year increase in adjusted EPS for 2024 and dividend growth of 10% per annum through 2026.
Full articleSummary: Medtronic has received FDA approval for its Inceptiv closed-loop rechargeable spinal cord stimulator to treat chronic pain, featuring a closed-loop feature that senses biological signals and adjusts stimulation in real time.
Full articleSummary: Comcast beats revenue and profit estimates but stock tumbles due to declining cable and broadband subscribers. Shares initially rose but reversed course and were down more than 5%.
Full articleSummary: Colgate-Palmolive Company reported first-quarter FY24 sales growth of 6.2%, beating analyst estimates. The company also raised its FY24 net sales growth guidance and organic sales growth outlook, expecting strong brand investment for the rest of 2024.
Full articleSummary: ExxonMobil reported underwhelming earnings for Q1 2024, with a decrease in earnings per share compared to the previous year and falling below analyst consensus forecast. Declining natural gas prices and refining margins were cited as reasons for the lower-than-expected results.
Full articleSummary: CISA has shared an ICS advisory regarding multiple vulnerabilities in Honeywell products that could lead to remote code execution, privilege escalation, and information disclosure. Honeywell has released updates to address these vulnerabilities, and CISA has provided mitigation measures for affected customers.
Full articleSummary: Microsoft is increasing spending at a rapid rate to address the shortage of data center infrastructure for deploying AI models. Amy Hood, the CFO, emphasized the need to scale to meet the growing demand for cloud and AI products.
Full articleSummary: Starbucks Corporation is scheduled to report second-quarter fiscal 2024 results on April 30, with a focus on unit expansion, improvement in China, upgraded product offerings, and strong loyalty program. The company's Triple Shot Reinvention strategy is also contributing to margin expansion and operational efficiencies.
Full articleSummary: Cisco Systems, Inc. (NASDAQ:CSCO) share price fell 19% over twelve months, underperforming the market decline of around 13%. However, the longer term returns show the stock down 4.3% in the last three years. The market was expecting higher growth from the stock, but revenue was flat compared to last year.
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