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JPMorgan on Thursday shared updated thoughts on Ultragenyx Pharmaceutical Inc’s (NASDAQ:RARE) setrusumab program in osteogenesis imperfecta (OI).In a fourth-quarter 2024 press release, the company said patients continue dosing in the Phase 3 Orbit and Cosmic trials, which evaluate setrusumab in pediatric and young adult patients with OI.The randomized, placebo-controlled Phase 3 portion of the Orbit […]
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Sen. Bernie Sanders (I-VT) is taking aim at a proposal that could cut 83,000 jobs at the Department of Veterans Affairs, warning that such a move would hurt veterans who rely on government-provided healthcare and benefits.In a recent post on X, Sanders called out President Donald Trump and billionaire Elon Musk for supporting the plan, […]
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Microsoft Corporation (NASDAQ:MSFT) shares are moving lower on Monday amid recession worries due to uncertainty around trade policy and tariffs.The Details: Back in February, President Donald Trump announced plans to impose 25% tariffs on Canadian and Mexican goods, along with a 10% tariff on Chinese imports. According to ABC, the tariffs on goods from Canada […]
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Hedge fund manager Bill Ackman has expressed optimism about the future of Berkshire Hathaway (NYSE:BRK) following the Warren Buffett era.What Happened: Ackman, the head of Pershing Square Capital Management, criticized Buffett’s investment approach, deeming it excessively cautious. He voiced his belief that the conglomerate would fare better under the stewardship of Buffett’s intended successor, Greg […]
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The cryptocurrency market’s 7% decline has triggered a deeper slide for altcoins, with XRP (CRYPTO: XRP) and Cardano (CRYPTO: ADA) seeing steep double-digit losses. Despite promising developments—including a potential ADA ETF and a major XRP Ledger upgrade—sentiment remains weak.What Happened: Cardano co-founder Charles Hoskinson took to X, venting frustration over the market’s seemingly irrational sell-off. […]
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Aptiv PLC (NYSE:APTV) reported better-than-expected financial results and issued strong guidance on Thursday.The company posted quarterly revenue of $4.91 billion, versus estimates of $4.89 billion. Adjusted earnings came in at $1.75 per share, versus estimates of $1.65 per share.”Looking ahead, as we navigate a dynamic market environment, we will remain focused on enabling our customers […]
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The U.S. markets have been in a frenzy over the past few days thanks to a new AI model from Chinese company Deepseek. The market reaction has been challenging for chipmakers and semiconductors companies like Nvidia Corp (NASDAQ:NVDA) , Advanced Micro Devices Inc (NASDAQ:AMD), Arm Holdings (NASDAQ:ARM), and others.Nvidia experienced a historic drop in its […]
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Goldman Sachs analyst Noah Poponak expressed views on GE Aerospace‘s (NYSE:GE) fourth-quarter FY24 results.Today, the company reported fourth-quarter adjusted revenue growth of 16% year-over-year to $9.879 billion and GAAP revenue of $10.812 billion. The analyst consensus was $9.604 billion.Adjusted EPS for the quarter was $1.32 (+103% Y/Y), beating the consensus of $1.04.GE Aerospace expects FY25 […]
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Intuitive Surgical, Inc. (NASDAQ:ISRG) is announcing its fourth-quarter earnings on Thursday. Wall Street expects $1.79 in EPS and $2.25 billion in revenues as the company reports after market hours.The stock is up 63.75% over the past year, 16.06% YTD. Intuitive Surgical enters earnings season at record highs, with shares recently hitting an all-time high of […]
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Freeport-McMoRan Inc (NYSE:FCX), a global leader in producing copper, gold and molybdenum, approaches its fourth-quarter earnings report, set for release in Thursday’s pre-market session, bolstered by a strong third-quarter performance that surpassed market expectations.According to analyst consensus estimates, Freeport-McMoRan is expected to report fourth-quarter EPS of 21 cents on revenue of $5.93 billion.What To Know: […]
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