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AbbVie raises 2027 sales forecast for new immunology drugs to $27 billion Test tubes are seen in front of a displayed Abbvie

Test tubes are seen in front of a displayed Abbvie

AbbVie raises 2027 sales forecast for new immunology drugs to $27 billion

Bull Bear Daily February 2, 2024

By Leroy Leo and Patrick Wingrove (Reuters) -AbbVie on Friday raised its 2027 forecast for sales of...

Yields and dollar jump, stocks rally on blowout US jobs report Traders work on the floor of the NYSE in New

Traders work on the floor of the NYSE in New

Yields and dollar jump, stocks rally on blowout US jobs report

Bull Bear Daily February 2, 2024

By Herbert Lash NEW YORK (Reuters) – Treasury yields jumped, the dollar surged and world equities rallied...

Exxon beats estimates, ends 2023 with a $36 billion profit Illustration shows ExxonMobil logo

Exxon beats estimates, ends 2023 with a $36 billion profit

Bull Bear Daily February 2, 2024

By Sabrina Valle HOUSTON (Reuters) -Exxon Mobil on Friday posted a better-than-expected $36 billion profit for 2023,...

China’s WuXi AppTec, Wuxi Biologics plunge to multi-year lows on fears over US biotech bill FILE PHOTO: An electronic board shows Shanghai and Shenzhen stock

FILE PHOTO: An electronic board shows Shanghai and Shenzhen stock

China’s WuXi AppTec, Wuxi Biologics plunge to multi-year lows on fears over US biotech bill

Bull Bear Daily February 2, 2024

By Summer Zhen HONG KONG (Reuters) – Shares of WuXi AppTec Co Ltd and WuXi Biologics (Cayman)...

US bank stocks sink after New York Community Bancorp cuts dividend A screen displays the trading information for New York Community

A screen displays the trading information for New York Community

US bank stocks sink after New York Community Bancorp cuts dividend

Bull Bear Daily February 1, 2024

By Niket Nishant and Nupur Anand (Reuters) -Regional U.S. bank stocks sank on Wednesday, dragged by a...

Musk, Tesla board have to start from scratch after $56 billion pay deal thrown out British Prime Minister Rishi Sunak attends an in-conversation event with

British Prime Minister Rishi Sunak attends an in-conversation event with

Musk, Tesla board have to start from scratch after $56 billion pay deal thrown out

Bull Bear Daily January 31, 2024

By Hyunjoo Jin and Tom Hals (Reuters) -After a Delaware court threw out Elon Musk’s $56 billion...

Qualcomm profit forecast beats estimates amid AI push, shares gyrate FILE PHOTO: Qualcomm building shown in San Diego

FILE PHOTO: Qualcomm building shown in San Diego

Qualcomm profit forecast beats estimates amid AI push, shares gyrate

Bull Bear Daily January 31, 2024

By Stephen Nellis and Max A. Cherney (Reuters) -Qualcomm on Wednesday forecast fiscal second-quarter profit slightly above...

Wall St ends lower after Fed holds rates steady, rules out March rate cut Traders work on the floor of the NYSE in New

Traders work on the floor of the NYSE in New

Wall St ends lower after Fed holds rates steady, rules out March rate cut

Bull Bear Daily January 31, 2024

By Stephen Culp NEW YORK (Reuters) -U.S. stocks tumbled on the last trading day in January after...

Thermo Fisher forecasts 2024 below estimates, cautious on biotech demand FILE PHOTO: The offices of Thermo Fisher Scientific stand in

FILE PHOTO: The offices of Thermo Fisher Scientific stand in

Thermo Fisher forecasts 2024 below estimates, cautious on biotech demand

Bull Bear Daily January 31, 2024

By Bhanvi Satija (Reuters) -Thermo Fisher Scientific on Wednesday forecast annual profit and revenue below Wall Street...

Nasdaq posts higher fourth-quarter profit on strength in fintech solutions A view of the exterior of the Nasdaq market site

A view of the exterior of the Nasdaq market site

Nasdaq posts higher fourth-quarter profit on strength in fintech solutions

Bull Bear Daily January 31, 2024

By Pritam Biswas and Laura Matthews (Reuters) -Exchange operator Nasdaq reported fourth-quarter profit that rose 24.6% on...