Tag: NASDAQ:VRTX
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Disney Slashes Streaming Losses, UBS shoots up 9% as profit triples expectations, and More in Earnings
Walt Disney (NYSE:DIS) – In the fiscal second quarter, Disney exceeded analysts’ earnings estimates, thanks to reduced losses from its streaming services. The company reported a 17% increase in operating income for the segment, with Disney+ and Hulu turning a profit for the first time. Disney reported an adjusted earnings per share of $1.21, surpassing…
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Index Futures Point to Strong Monday Opening, Building on Last Week’s Gains; Oil Prices Rise
U.S. index futures indicate a positive opening in Monday’s pre-market, extending the robust gains achieved last week. At 06:36 AM, the futures for the Dow Jones Industrial Average (DOWI:DJI) rose 102 points, or 0.26%. The S&P 500 futures advanced 0.29%, and the Nasdaq-100 futures gained 0.24%. The yield on 10-year Treasury bonds was at 4.473%.…
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Costco Increases Dividend by 14%, Meta Introduces ‘Artemis’ AI Chip, and More News
Meta Platforms (NASDAQ:META) – Meta Platforms disclosed details on Wednesday about its upcoming generation of internal AI accelerator chip, named Artemis, aiming to lessen its dependence on Nvidia’s AI chips and energy costs. The MTIA chip delivers thrice the performance of its preceding generation. Furthermore, Instagram intends to trial features to blur messages containing nudity,…
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Boeing Faces Strike Threat, Palantir Up 18% After Recording its First Profitable Year, and More
Boeing (NYSE:BA) – The FAA announced that 94% of Boeing 737 MAX 9 planes have returned to service after a suspension caused by an air emergency. The inspections included a detailed review, and investigations are ongoing. The FAA is reassessing its oversight of Boeing, considering possible changes in inspection approaches and relations with the manufacturer.…
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Tuesday’s Wall Street Highlights: WeWork, UBS, Sanofi, Alteryx, Intel, and more.
U.S. index futures point to a negative opening this Tuesday, signaling a cautious reaction from investors to recent mixed corporate earnings and unfavorable economic indicators coming from Europe. The market also remains in anticipation of insights from Federal Reserve members and the impending release of American trade balance data, elements that may provide additional direction…