Uncategorized
BioMarin’s Pipeline Faces Skepticism As Analyst Questions Future Growth
BioMarin posts Q3 EPS of $0.91, nearly doubling last year’s $0.46 and topping estimates. Sales rose 28%, driven by strong Voxzogo growth. Analyst downgrades on lack of upcoming catalysts. Latest Ratings for BMRN Date Firm Action From To Feb 2022 Piper Sandler Maintains Overweight Nov 2021 Credit Suisse Maintains Outperform Nov 2021 Morgan Stanley Maintains…
These Analysts Boost Their Forecasts On 10x Genomics After Q3 Results
Latest Ratings for TXG Date Firm Action From To Feb 2022 Citigroup Maintains Buy Nov 2021 Morgan Stanley Maintains Overweight Sep 2021 National Bank Of Canada Initiates Coverage On Sector Perform View More Analyst Ratings for TXG View the Latest Analyst Ratings read more
Microsoft’s AI Business Set To Hit $10B Revenue Milestone In Q2: Satya Nadella Says It Is The ‘Fastest Business In Our History’
Microsoft Corp announced during its first-quarter earnings call that its artificial intelligence business is on track to surpass $10 billion in annual revenue run rate next quarter, marking the fastest-growing business segment in the company’s history. read more
Mark Zuckerberg Says Meta’s Open-Source Gambit Is Paying Off As Nvidia And AMD Optimize For Llama: ‘A Big Deal On Several Fronts’
Meta Platforms CEO Mark Zuckerberg revealed during the company’s Q3 2024 earnings call that Meta is developing its next-generation AI model, Llama 4, using what he described as an unprecedented computing infrastructure of more than 100,000 Nvidia H100 GPUs. read more
Meta, Microsoft, Robinhood, Super Micro, And Coinbase: Why These 5 Stocks Are On Investors’ Radars Today
U.S. stock indices closed lower on Wednesday, as the Dow Jones Industrial Average slipped 0.2% to 42,141.54, while the S&P 500 edged down 0.3% to 5,813.67. The Nasdaq saw a steeper decline, falling nearly 0.6% to 18,607.93. read more
Edibles Surge In The Heartland: MariMed’s Play For Missouri And Illinois Cannabis Dominance
MariMed, a multi-state cannabis operator, is doubling down on its growth strategy by launching manufacturing operations in Missouri. read more
Bitcoin, Dogecoin Cool Down, Ethereum Gains As Stocks Reverse On Q3 GDP Numbers: Analyst Predicts BTC At $80K In November, $90K-100K By December
The cryptocurrency market frenzy paused Tuesday as Bitcoin remained rangebound below its all-time high. read more
Microsoft’s AI Momentum Could Propel $4 Trillion Market Cap In 6-9 Months Amid ‘Robust’ Q1 Earnings, Says Dan Ives: ‘This Is a Company Firing on All Cylinders’
Microsoft Corp.‘s (NASDAQ:MSFT) artificial intelligence momentum is expected to drive significant growth in the coming years, as highlighted by Wedbush Securities analyst Dan Ives. read more
Cathie Wood Shuffles Her Tech Deck: Continues Dumping Tesla And Palantir, Stocks Up On AMD And Meta
Cathie Wood’s Ark Invest made notable trades Wednesday Oct 30, 2024, selling $16 million of Tesla shares while continuing its shift toward other tech plays. read more
Ricky Williams And Wellness Experts Discuss Strategies For Cannabis Patient-Centric Care
Leaders explore patient access and loyalty in the wellness cannabis market, challenges, adult-use impacts, and more at Benzinga’s CCC read more