News
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US appeals court lifts pause on generic version of Novartis' Entresto
WASHINGTON, Jan 16 - Drugmaker MSN Pharmaceuticals cleared another hurdle on Thursday toward launching its generic version of Novartis' NOVN.S blockbuster heart-failure drug Entresto after a U.S. appeals court ended a temporary pause on MSN's launch.
Reuters
Jan 16, 2025
UPDATE 10-Oil settles lower on expected halt to Houthi shipping attacks
Maritime security officials expect halt to Houthi shipping attacks Strong US retail sales report further clouds outlook for Fed rate cutsFed governor's comments ease some investors' rate-cut concernsUpdates with settlement prices for market closeBy Georgina McCartney HOUSTON, Jan 16 (Reuters) - O...Reuters
Jan 16, 2025
UnitedHealth Group (UNH) Q4 2024 Earnings Call Transcript
Image source: The Motley Fool.UnitedHealth Group (NYSE: UNH)Q4 2024 Earnings CallJan 16, 2025, 8:45 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood morning and welcome to the UnitedHealth Group fourth quarter and full year 2024 earnings...
The Motley Fool
Jan 16, 2025
UPDATE 4-Biden warns that an oligarchy is forming that threatens US democracy
President warns US of dangers of oligarchy, tech complex from Oval Office Running for reelection ushered in Trump return, critics say Biden's decades in Senate, vice presidency, White House overshadowed for now by Trump's comebackLeaves strong economy, manufacturing pickupRecasts first paragraph, a...Reuters
Jan 16, 2025
Unitedhealth Group Inc reports results for the quarter ended December 31 - Earnings Summary
Unitedhealth Group Inc UNH.N reported quarterly adjusted earnings of $6.81 per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $6.16. The mean expectation of twenty four analysts for the quarter was for earnings of $6.72 per....Reuters
Jan 16, 2025
Bitcoin Price Above $100,000 Renews Hope, Analyst Reveals The Cycle Top
With the Bitcoin price back above $100,000, there have been discussions about what could mark the cycle top for the flagship crypto. Crypto analyst Tony Severino has provided some insights on this, revealing around what price target the market top could be considered.
Gold hits one-month high as prospects for Fed cuts rise on softer US inflation data
Jan 16 (Reuters) - Gold prices firmed near one-month highs hit earlier on Thursday after a softer-than-expected core U.S. inflation print increased chances of two Federal Reserve rate cuts this year, with the first likely in June.
Reuters
Jan 16, 2025
Is AMD Stock Due for a Bounce Back Year in 2025?
Advanced Micro Devices (NASDAQ: AMD), also known as AMD, has been a surprisingly underperforming tech stock over the past year. In 2024, it declined by 18% even despite its promising growth opportunities as a top artificial intelligence (AI) chip maker.The Motley Fool
Jan 16, 2025
Target up after raising fourth-quarter sales forecast on strong holiday demand
Shares of Target TGT.N rise ~5% to $141.01 premarket after co lifts Q4 sales forecast on strong holiday season demand. Co now sees Q4 comparable sales growth of 1.5% vs. prior expectations of flat growth, higher than analysts' expectation of a 0.2% growth, according to data compiled by LSEG.Reuters
Jan 16, 2025
UPDATE 4-Detained South Korea's Yoon refuses questioning and challenges arrest
Yoon refuses to talk to investigators for second dayYoon remains in detention centre, lawyer cites healthAuthorities have 48 hours to question Yoon or seek new detention warrantConstitutional Court deliberates Yoon's impeachment trialAdds Yoon lawyer's complaint in paragraph 21By Joyce Lee and Ju-mi...Reuters
Jan 16, 2025
Spirit to lay off 200 employees, expects to emerge from Chapter 11 in Q1 - WSJ
Investing.com -- Spirit Airlines (OTC:SAVEQ) is laying off around 200 employees as part of a broader effort to reduce expenses and align with its reduced operational capacity, CEO Ted Christie reportedly informed staff on Wednesday evening.Investing.com
Jan 16, 2025
US exceptionalism turns dollar into global problem
LONDON, Jan 16 (Reuters Breakingviews) - King Dollar, meet the Donald. After lording over most major currencies for the past three years, the greenback is likely to get another big boost from the protectionism and fiscal largesse of incoming U.S. President Donald Trump. It may catch markets and...
US places trade restrictions on Tencent-Backed AI startup, citing national security concerns
Washington has placed Tencent Holdings Ltd. backed startup Zhipu on a trade restrictions blacklist, targeting one of the few emerging firms seen as leading contenders in the race to create a competitor to OpenAI’s ChatGPT.Cryptopolitan
Jan 16, 2025
Nvidia CEO says its advanced packaging technology needs are changing
TAICHUNG, Taiwan, Jan 16 (Reuters) - Nvidia's demand for advanced packaging from TSMC remains strong though the kind of technology it needs is changing, the U.S. AI chip giant's CEO Jensen Huang said on Thursday, after he was asked whether the company was cutting orders.Reuters
Jan 16, 2025
