Despite the drop in molnupiravir sales, Merck’s revenue and adjusted earnings for the first quarter beat Wall Street’s expectations.
Schlagwort-Archiv: Markets
Stocks making the biggest moves premarket: Activision Blizzard, Chipotle, First Republic Bank & more
First Republic Bank shares dropped, fueling its potential to again weigh on the broader banking sector. Other regional bank stocks rose before the bell.
Britain blocks Microsoft’s $69 billion acquisition of Activision Blizzard
Britain’s top competition regulator on Wednesday moved to block Microsoft’s acquisition of video game publisher Activision Blizzard.
Bankers’ pitch to save First Republic: Help us now, or pay more later when it fails
The potential First Republic rescue plan is the latest twist in a saga sparked by the sudden collapse of Silicon Valley Bank last month.
‚Easy money is behind us, the hard money is now,‘ Stifel’s chief strategist warns
Stock pickers may have a clear edge over passive investors. According to Stifel’s Barry Bannister, the market is on a road to nowhere until 2031.
Stocks making the biggest moves after hours: Enphase Energy, PacWest Bancorp, Chipotle, Microsoft and more
These are the stocks posting the largest moves in extended trading.
Meta set to report first-quarter earnings after the bell
Meta will report its first-quarter earnings on Wednesday as the company is in the midst of a wave of cost-cutting efforts.
Boeing plans to boost 737 Max production to 38 planes per month despite manufacturing snag
Boeing said Wednesday it will increase output of 737 Max planes to 38 a month later this year, up from 31 a month.
SK Hynix, one of the biggest memory chipmakers, reports record quarterly loss as prices slump
South Korean chipmaker SK Hynix has reported a record operating loss of 3.4 trillion won, but expects a rebound in the second half of the year.
Investing legend Peter Lynch on the investments he regrets not making in recent years
The former Fidelity Magellan fund manager revealed Tuesday that he wished he hadn’t missed out on the explosive growth in Apple.