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CVS shares soared nearly 15% after the company reported a beat on earnings and CEO David Joyner defended the company's pharmacy benefit manager unit.
Published on: February 13, 2025, 10:02 AM UTC
US stock futures nudged higher as investors await key inflation data and earnings reports from AirBnB, Roku, and Coinbase. Asian markets rose on optimism surrounding US-Russia peace talks and AI hype.
Published on: February 13, 2025, 10:01 AM UTC
European stocks initially gained on optimism that US-Russia talks could end the Ukraine conflict. However, Unilever and Barclays Plc's weakness capped the overall rise in the Stoxx 600 index. Nestle and Siemens rallied, while oil prices fell due to easing risks to Russian supply.
Published on: February 13, 2025, 10:01 AM UTC
Shares in Spanish travel technology company HBX Group fell 8.3% on their market debut, erasing €236 million in value.
Published on: February 13, 2025, 10:00 AM UTC
India's SEBI seeks powers to remove unauthorized financial advice and access call records from social media platforms to investigate market violations.
Published on: February 13, 2025, 10:00 AM UTC
CVS CEO's conservative outlook boosts stock 15%, defends pharmacy benefit manager amid scrutiny
Published on: February 13, 2025, 09:02 AM UTC
Apple reportedly plans to launch the new iPhone SE next week and partner with Alibaba to roll out Apple Intelligence in China, despite skepticism from some analysts who question the impact of the AI offering and the potential challenges in the Chinese market.
Published on: February 13, 2025, 09:02 AM UTC
Egg prices have reached a record high, driven by an avian flu outbreak. Despite this, grocery stores are keeping prices lower than wholesale costs, using eggs as loss leaders and loyalty rewards to attract customers and avoid empty shelves. However, with demand remaining strong and prices expected to increase further, the effectiveness of these strategies is uncertain.
Published on: February 13, 2025, 09:02 AM UTC
Political uproar, legal battles, and market turmoil ensue as the Trump administration slashes NIH funding, threatening drug research and alarming scientists and academics, leading to warnings of mass layoffs and reduced biomedical research.
Published on: February 13, 2025, 09:01 AM UTC
US stock futures edged higher despite a hotter-than-expected inflation report, with Nasdaq futures up 0.4% and Dow Jones futures up 0.1%. Wall Street will get another inflation update with the release of the PPI on Thursday.
Published on: February 13, 2025, 09:01 AM UTC