Gemini Space Station said on Thursday that it planned to cut up to 200 jobs worldwide, or about a quarter of its workforce, as part of a broader cost-reduction plan. ...

Weight-loss drugmakers Eli Lilly and Novo Nordisk fell after telehealth company Hims & Hers announced Thursday it will offer a copy of the newly launched Wegovy pill for $49, far less than the $149 Novo sells the branded pill for.Copenhagen-listed shares of Novo dropped 7% on the news, while Eli Lilly stock fell 6.1% shortly after the opening bell.Hims & Hers stock soared 10%.Novo launched the Wegovy pill in the U.S. early January and CEO Mike Doustdar told CNBC on Wednesday that 170,000 people were already ...

Key Takeaways AZN will report Q4 results on Feb. 10, with consensus estimates of $15.71B in sales and $2.18 EPS.Key oncology drugs Calquence, Lynparza, Tagrisso and Imfinzi, plus Farxiga, are expected to lead sales.AZN's rare disease portfolio and alliance revenues are seen supporting growth, even as operating costs rise.AstraZeneca (AZN) is scheduled to report fourth-quarter and full-year 2025 results on Feb. 10, before the opening bell. In the last reported quarter, the company delivered an earnings surpr ...

US stocks turned lower on Thursday in a fruitless search for a reprieve from a building tech sell-off as investors awaited Amazon earnings, assessed Alphabet's big AI spending plans, and digested jobs data that signaled fresh weakness in the labor market. The S&P 500 (^GSPC) moved roughly 1.2% lower, while the Nasdaq Composite (^IXIC) shed 1.5%. The Dow Jones Industrial Average (^DJI) lost over 1%, or more than 500 points. The market is in the midst of a trillion-dollar tech wipeout, as investors weigh ...

US stocks turned lower on Thursday in an apparently fruitless search for a reprieve from a building tech sell-off as investors awaited Amazon earnings, assessed Alphabet's big AI spending plans, and digested jobs data that signaled fresh weakness in the labor market. The S&P 500 (^GSPC) moved roughly 0.9% lower, while the Nasdaq Composite (^IXIC) shed 1.3%. The Dow Jones Industrial Average (^DJI), which includes fewer tech names, edged about 0.5% lower. The market is in the midst of a trillion-dollar te ...

"We are at the beginning of an industrial revolution that will transform every industry. We see $3 trillion to $4 trillion in AI infrastructure spend by the end of the decade." This is what Colette Kress, Nvidia's CFO, said on the company's earnings call for the second quarter of the company's fiscal 2026, which ended July 27, 2025. While this is an absolutely mind-boggling number, that prediction might end up proving to be accurate. That's because there is already a massive sum of capital being invested i ...

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One of the main qualities I look for in downstream companies like Constellium SE ( CSTM ) is the ability to pass on input costs to customers, taking no hit on the income statementMy name is Andres Veurink and I have been in the financial markets for over a decade at this point, spending the majority of that in a hedge fund here in Rotterdam, working my way up as an analyst. My work relfect rigourious standards as I myself have a very high standard as to what I invest my money in. My preferred sectors to fol ...

Baron Funds, an investment management company, released its fourth-quarter investor letter for the “Baron Focused Growth Fund”. A copy of the letter can be downloaded here. The Fund delivered strong results in the fourth quarter, appreciating 12.34% (Institutional Shares) compared to the Russell 2500 Growth Index’s (the Benchmark) 0.33 % return. The Fund returned 22.26% in 2025 compared to 10.31% return for the index. The firm highlighted its continued faith in its portfolio companies in the letter. As of ...

Gold Miner Barrick Sees Q4 Profit Soar 126% And Gives Update On New Gold IPO | Investor's Business DailyBREAKING: [Stocks Open Lower As Bitcoin Skids, Google Tumbles]---Barrick Mining (B) handily topped fourth-quarter earnings expectations early Thursday, with profit growing more than 120%. The company also issued 2026 gold production guidance along with an update on an upcoming "North America Gold" IPO. The Canada-based mining outfit saw Q4 EPS soar 126% to $1.04 with revenue totaling $5.99 billion, up 65% ...