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GSK initiates legal proceedings against Pfizer and BioNTech over alleged COVID-19 vaccine patent infringement, intensifying high-stakes legal battles in the U.S. read more

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Lam Research reported better-than-expected results for its fiscal third quarter. Latest Ratings for LRCX DateFirmActionFromTo Jan 2022Morgan StanleyMaintainsOverweight Jan 2022Deutsche BankMaintainsHold Jan 2022BarclaysMaintainsOverweight View More Analyst Ratings for LRCX View the Latest Analyst Ratings read more

AbbVie’s Upadacitinib outperforms dupilumab in Phase 3b/4 study for atopic dermatitis treatment, achieving superior efficacy and rapid skin clearance than Dupixent. read more

Honda Motor reportedly announces a groundbreaking $11 billion investment to pioneer electric vehicle manufacturing in Canada. Collaborating with Canadian authorities, this strategic move signifies Honda’s commitment to meeting the rising demand for electric vehicles in North America. The decision underscores a significant milestone for Canada’s emergence as a pivotal player in the regional electric vehicle […]

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Royal Caribbean saw Q1 passenger ticket revenue reach $2.54 billion, a 34% year-over-year increase versus Q1 2023. read more

Tech stocks plummet as Magnificent 7 giants lose $303B in market value. Meta Platforms issues weak guidance, GDP growth slows and inflation rises. read more

As the European Commission investigates Chinese EVs, XPeng weighs overseas production options amidst regulatory adjustments. Brian Gu, co-president of Volkswagen-backed XPeng, reports potential shifts in strategy amid evolving regulations. With eyes on a 10% international sales boost, XPeng targets US market entry despite challenges. read more

ASE Technology reported net revenue growth of 1.5% Y/Y and decline of 17.3% Q/Q. Gross margin increased and diluted EPS missed consensus. Stock up 44% in 12 months. read more

Plug Power shares dip 4% as the company announces new contracts for electrolyzer projects in Europe and the U.S., despite robust BEDP portfolio growth. read more

Honeywell International reported first-quarter fiscal 2024 sales of $9.105 billion. read more

At the Benzinga Cannabis Capital Conference, Ascend Wellness Holdings’ EVP highlighted developments in Massachusetts, expansion plans, and financial stability. Networking and learning opportunities were also emphasized. read more

The U.S. economy grew in the first quarter of the year, albeit at a markedly slower pace compared to the final quarter of 2023. read more

Lockheed Martin’s Q1 earnings report showed impressive net sales growth of 13.7%, leading to a potential bullish trend reversal with the Golden Cross signal. Analysts predict a 10%+ upside potential for the stock. Latest Ratings for LMT DateFirmActionFromTo Mar 2022Wells FargoMaintainsEqual-Weight Mar 2022Morgan StanleyMaintainsOverweight Feb 2022Wolfe ResearchUpgradesPeer PerformOutperform View More Analyst Ratings for LMT View […]

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Tractor Supply Company shares decline despite beating Q1 earnings expectations, as slowing comparable store sales growth and cautious FY24 outlook weigh on investor sentiment. read more

To gain an edge, this is what you need to know today. read more

Bitcoin (CRYPTO: BTC) currently trading at around $63,440 with a drop of 4.1% in the past 24 hours, prompting technical analyst Ali Mart read more

Hertz Global Holdings faces a dip in shares post-reporting a 1.6% sales uptick to $2.04 billion in Q1 FY24, slightly exceeding forecasts. Despite a 10% rise in average rentable vehicles, challenges persist with a 7% decline in total revenue per day (RPD). CEO Gil West attributes the performance setback to fleet and direct operating costs, […]

Key Takeaways: Baozun’s revenues rose 5% last year following its acquisition of Gap China, which represented 14% of total annual sales Product sales from the company’s older e-commerce business fell by 21% last year, while e-commerce services revenue also slumped by 5% By Edith Terry read more

Brunswick Corporation’s shares decline over 2% premarket as Q1 earnings show sales dip and adjusted operating margin contraction. read more

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Banking giant Morgan Stanley (NYSE:MS) is exploring a way to expand its offerings in the red-hot world of Bitcoin (CRYPTO: BTC) read more

Keurig Dr Pepper impresses investors with a 3.5% year-on-year sales surge to $3.47 billion in Q1 FY24, outperforming analyst predictions. Notably, U.S. Refreshment Beverages lead the growth trajectory with a 4.3% rise to $2.1 billion. read more

Chipotle said first-quarter revenue increased 14.1% year-over-year to $2.702 billion, which beat the consensus estimate of $2.675 billion, according to Benzinga Pro. The fast-casual restaurant chain company reported adjusted earnings of $13.37 per share, which beat analyst estimates of $11.68 per share. read more

Microsoft is set to report financial results for its fiscal third quarter after the market close on Thursday. The company is expected to report earnings of $2.82 per share and revenue of $60.804 billion, according to estimates from Benzinga Pro. read more

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With the recent buzz around T-Mobile US, some investors may be eyeing potential gains from the company’s dividends. read more

“Mad Money Lightning Round,” Jim Cramer recommended buying Cloudflare. “I would buy it slowly because we’ve got big selling going on in AI stock Meta,” he added. read more

Meta Platforms reported first-quarter revenue of $36.45 billion, which was up 27% year-over-year. Revenue came in ahead of Street estimates. read more

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Altria Group beats expectations with a 2.5% year-on-year sales growth to $5.58 billion in Q1 FY24. Despite a decline in smokeable products revenue, gains in oral tobacco products and other segments offset the decrease. Altria’s adjusted EPS of $1.15 meets forecasts. read more

On Tuesday, Pepsi Co Inc (NASDAQ: PEP) showed it managed to navigate weaker U.S. read more