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Concerned about your child’s career in an AI world? Governor Gavin Newsom is rolling out free, Big Tech–backed AI curricula across high schools, community colleges and the California State University system, in partnership with Alphabet Inc. (NASDAQ:GOOGL), Adobe Inc. (NASDAQ:ADBE), International Business Machines Corp. (NYSE:IBM) and Microsoft Corp. (NASDAQ:MSFT).On Aug. 7 in San Francisco, Newsom […]
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BofA Securities analyst Peter T. Galbo initiated coverage on Primo Brands Corporation (NYSE:PRMB), with a price forecast of $42.Galbo notes that Primo Brands stock is expected to appreciate over the next 12 months as the company realizes cost synergies, targeting $300 million in EBITDA by 2026.If valuation multiples stay steady, this should support growth in […]
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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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On Friday, Novo Nordisk A/S (NYSE:NVO) released headline results from the REDEFINE 1 Phase 3 trial in the global REDEFINE program.When evaluating the effects of treatment if all people adhered to treatment, people treated with CagriSema achieved a weight loss of 22.7% after 68 weeks compared to a reduction of 11.8% with cagrilintide 2.4 mg, […]
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Veteran Wall Street investor Ed Yardeni challenged fears of a U.S. recession on Monday, opposing the prevailing market sentiment that unsettled global equities.“A weak July employment report does not make a recession,” wrote Ed Yardeni, president of Yardeni Research, in a morning note published ahead of the stronger-than-expected ISM Services PMI report. Yardeni argues that […]
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