Posts with tag: politics
Merck reported Q4 and full-year earnings in line with estimates. Sales rose 7% to $64.2 billion in 2024, while EPS was $7.65. However, the stock dropped 8% pre-market due to weaker-than-expected 2025 guidance, indicating only a slight increase in revenue compared to 2024. Analysts have raised concerns about Merck's pipeline and competition, while comparing it to Pfizer, which also reported earnings on Tuesday and showed positive long-term potential. Merck's key revenue drivers include Gardasil and Keytruda, but Gardasil has faced challenges in China and Keytruda's patent expires in 2028.
Published on: February 04, 2025, 02:05 PM UTC
Asda suffers fresh sales slump as new Chairman Allan Leighton attempts to revive the UK supermarket's fortunes.
Published on: February 04, 2025, 01:00 PM UTC
Vodafone reports Q3 earnings with a 6% drop in German service revenue due to legal changes and competition. Despite the decline, the company remains optimistic about its turnaround strategy and delivers strong performance in other markets.
Published on: February 04, 2025, 09:03 AM UTC
Artificial intelligence stocks may have further to run despite the emergence of China's cheap AI model DeepSeek, according to the Jevons Paradox.
Published on: February 04, 2025, 06:00 AM UTC
Interest abounds regarding the sale of TikTok as the U.S. administration seeks to broker a deal.
Published on: February 04, 2025, 03:00 AM UTC
Trudeau and Trump agree to pause tariffs on Canadian and US goods, appoint new fentanyl czar, list cartels as terrorists, launch joint strike force, allocate $200 million in intelligence directive, and add border security resources.
Published on: February 03, 2025, 11:05 PM UTC
U.S. banks see increasing demand for business loans for the first time in two years, according to a Federal Reserve survey
Published on: February 03, 2025, 08:01 PM UTC
President Trump's tariffs on Canada, Mexico, and China could lead to higher prices for everyday goods, including avocados, tomatoes, beer, and liquor. Constellation Brands (STZ) is particularly vulnerable due to its reliance on Mexican beer production.
Published on: February 03, 2025, 07:04 PM UTC
Global gold banks ship gold from Asia to the US amid high premiums on Comex futures over spot prices, creating an arbitrage opportunity.
Published on: February 03, 2025, 06:00 PM UTC
Microsoft co-founder Bill Gates discusses his early life, drug use, the success of Microsoft, and the future of AI in conversation with Yahoo Finance's Brian Sozzi.
Published on: February 03, 2025, 05:03 PM UTC