Johnson & Johnson beats on earnings, hikes full-year guidance as medtech sales surge
The results come amid investor anxiety over the thousands of lawsuits claiming that J&J’s talc-based baby powder and other products caused cancer.
Morgan Stanley upgrades Anheuser-Busch InBev, says it’s attractively valued after Bud Light controversy
A decline in commodity prices should boost the parent company behind Bud Light. The U.S.-listed shares of the beverage company are down about 2.7% this year.
Netflix earnings showcase strength as the rest of the media industry struggles
Netflix’s core business continues to chug along as the rest of the media and entertainment industry searches for new growth.
IBM reports earnings beat, but misses on revenue
IBM’s data and artificial intelligence products showed the fastest expansion, growing 10% from a year earlier, the company said.
Pfizer Group B strep vaccine for infants returns encouraging mid-stage trial results
Pfizer is among several drugmakers racing to develop the world’s first shot targeting Group B strep disease, which kills thousands of infants each year.
House committee takes aim at U.S. venture capital firms for investments in Chinese A.I.
The House Select Committee on the Chinese Communist Party sent letters to GGV Capital, GST Ventures, Qualcomm Ventures, and Walden International
United forecasts strong profits for bustling summer quarter, trims Newark schedule after disruptions
The airline expects a strong third quarter despite mass flight disruptions at its Newark hub this month.
Trump loses bid to move New York hush money criminal case to federal court
Donald Trump is accused of falsifying business records related to a hush money payment to porn star Stormy Daniels before the 2016 presidential election.
Apple stock pops on report it’s developing its own equivalent of ChatGPT
The move signals Apple is taking recent advances in the technology seriously and is considering integrating them into future products.
Tesla shares dip after hours as earnings call disappoints
Tesla reported earnings after the bell. Here are the results.
