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Tesla reportedly forms committee to review CEO Elon Musk's pay package
Proactiveinvestors NA· 2025-05-14 13:56
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
Enliven Therapeutics Announces Updated Positive Data from Phase 1 Clinical Trial of ELVN-001 in CML and Oral Presentation at the EHA 2025 Congress
Prnewswire· 2025-05-14 13:56
Reported cumulative MMR rate of 44% (16 of 36) by 24 weeks with 26% (7 of 27) of patients achieving MMR by 24 weeks, which continues to compare favorably to precedent Phase 1 trials of approved BCR::ABL1 TKIs ELVN-001 continues to demonstrate a favorable safety and tolerability profile across all dose levels with 74 patients enrolled and a median treatment duration of ~26 weeks at cutoffPresentation at EHA will include updated data with additional patients and longer treatment durationEnliven will host a we ...
Lilly Down 17% Since Q1 Results: Should You Buy the Dip in LLY Stock?
ZACKS· 2025-05-14 13:55
Eli Lilly and Company’s (LLY) shares have lost 17% so far in May. Lilly announced mixed earnings results on May 1. It missed first-quarter estimates for earnings but beat the same for sales. Sales of key drugs, Mounjaro, Zepbound, Jardiance, and Taltz beat estimates, while only Verzenio missed expectations. Lilly’s new products also contributed to sales growth. Trulicity sales continued to decline in the quarter.Lilly maintained its sales guidance for 2025 while lowering its earnings expectations to account ...
Petrobras Q1 Earnings Slump on Flat Production, Price Drop
ZACKS· 2025-05-14 13:55
Petroleo Brasileiro S.A., or Petrobras (PBR) , announced first-quarter earnings per ADS of 62 cents, missing the Zacks Consensus Estimate of 92 cents and falling from the year-ago profit of 75 cents. The underperformance can be attributed to lower downstream production and a decline in realized oil prices. Consolidated net income, which strips out one-time items, came in at $4,029 million compared with $5,420 million a year earlier. Petrobras’ adjusted EBITDA fell to $10,446 million from $12,127 million a y ...
Salesforce Stock Soars 13% in a Month: Time to Hold or Book Profits?
ZACKS· 2025-05-14 13:55
Salesforce, Inc. (CRM) has seen its share price soar 13.5% over the past month. This surge has significantly outperformed the broader Zacks Computer and Technology sector, which gained 11.3% during the same period.Image Source: Zacks Investment ResearchThis outperformance raises the question: Should investors book profits and exit or continue holding the stock?What Drove CRM Stock Higher?Salesforce’s recent rally stemmed from broader market optimism. Progress in U.S.-China trade negotiations has been boosti ...
AFC Gamma Inc. (AFCG) Misses Q1 Earnings and Revenue Estimates
ZACKS· 2025-05-14 13:55
AFC Gamma Inc. (AFCG) came out with quarterly earnings of $0.21 per share, missing the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.49 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -16%. A quarter ago, it was expected that this company would post earnings of $0.39 per share when it actually produced earnings of $0.29, delivering a surprise of -25.64%.Over the last four quarters, the company ha ...
D-Wave Pushes Back on Short Seller Case With Strong Earnings
MarketBeat· 2025-05-14 13:54
After rising by an astonishing 683% in the last year, quantum computing firm D-Wave Quantum Inc. NYSE: QBTS has left investors divided. On one hand are the bulls who feel that the company's recent technological achievements have the potential to upend computing as we know it; these investors suspect that, despite signs of being overvalued, D-Wave has ample room to continue to ascend.  D-Wave Quantum TodayQBTSD-Wave Quantum$11.13 +0.40 (+3.70%) 52-Week Range$0.75▼$11.95Price Target$10.17Add to WatchlistOn t ...
Medtronic: Quite A Few Supportive Sub-Plots Ahead Of The Q4-25 Earnings
Seeking Alpha· 2025-05-14 13:54
The stock of Medtronic PLC (NYSE: MDT ), one of the prominent medical technology firms in the world, has held up pretty well in a year that has so far, proven to be quiteAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business rel ...
Invesco's April AUM Dips Marginally on Weak Markets, Outflows
ZACKS· 2025-05-14 13:51
Core Viewpoint - Invesco reported a decline in assets under management (AUM) for April 2025, influenced by net outflows and weak market returns, despite some positive contributions from foreign exchange [1][2][6]. AUM Performance - Invesco's month-end AUM for April 2025 was $1.84 trillion, a decrease of 0.3% from the previous month [1]. - The preliminary average total AUM for the quarter through April 30 was $1.82 trillion, with average active AUM at $1.03 trillion [3]. Net Inflows and Outflows - The company experienced net long-term inflows of $1.3 billion in April, but faced non-management fee-earning net outflows of $2 billion and money market net outflows of $12.1 billion [2]. - Weak market returns led to a $1 billion decline in AUM, while foreign exchange positively impacted AUM by $9.2 billion [2]. Breakdown by Asset Class - AUM under ETFs & Index Strategies was $492.4 billion, showing a slight increase from the previous month [4]. - Fundamental Fixed Income AUM grew by 2.4% to $298.9 billion, while China JV & India AUM rose by 1% to $112.1 billion [4]. - Multi-Asset/Other AUM increased by 2.9% to $61.1 billion, and QQQs AUM rose by 0.6% to $299.1 billion [4]. - Conversely, Private Markets AUM declined by 3% to $127.4 billion, Fundamental Equities AUM decreased by 0.6% to $261.1 billion, and Global Liquidity AUM fell by 6.1% to $187.9 billion [5]. Market Context - The company faces macroeconomic headwinds leading to volatility in asset flows, which may impact its top line in the near term [6]. - In the past three months, Invesco's shares have decreased by 15.4%, compared to a 7.4% decline in the industry [6]. Peer Comparison - Franklin Resources reported a preliminary AUM of $1.53 trillion, showing a slight decrease, attributed to long-term net outflows of $10 billion [9][10]. - T. Rowe Price announced a preliminary AUM of $1.56 trillion, reflecting a marginal decrease with net outflows of $3.5 billion [10].
Alcon Q1 Earnings Miss Estimates, Stock Down, 2025 EPS View Lowered
ZACKS· 2025-05-14 13:51
Alcon, Inc. (ALC) delivered first-quarter 2025 core earnings per share (EPS) of 73 cents, down 6.4% from the year-ago quarter’s figure. At the constant exchange rate or CER, the figure was in line year over year. However, the metric missed the Zacks Consensus Estimate by 3.9%.Alcon reports “core” results based on non-IFRS (International Financial Reporting Standards) measures. In the first quarter, the company’s EPS was 70 cents, up 40% (50% at CER) year over year.ALC’s Q1 Revenues in DetailNet sales to thi ...