Merck prepares $3 billion cost cuts by end of 2027, narrows full-year outlook
The multiyear effort comes as Merck prepares to offset revenue losses from the upcoming patent expiration of…
Sophia Bennett
Meta’s AI spending spree is Wall Street’s focus in second-quarter profits
Meta investors will be scrutinizing CEO Mark Zuckerberg's AI working with blitz throughout the company's second-quarter profits…
Novo Nordisk shares plunge 23% after Wegovy maker names brand-new CEO, cuts full-year assistance
Danish pharmaceutical giant Novo Nordisk on Tuesday named its brand-new CEO and cut its full-year sales and…
Starbucks leans into hospitality push to attempt to reverse sales downturn
Investors will get the current look into how Starbucks' push for more inviting cafes is going when…
PayPal stock sinks 8% as business reports slow growth in crucial margin figure
PayPal topped Wall Street price quotes for the quarter and raised full-year assistance, as CEO Alex Chriss…
Spotify drops 11% for worst day in 2 years on weak guidance
Spotify stock fell after the music streaming platform disappointed Wall Street's profits expectations. Source
AstraZeneca CEO doubles down on U.S. amid reports of listing shift
AstraZeneca CEO Pascal Soriot stated the U.K.-listed company had numerous reasons to be in the U.S., including…
UnitedHealth says 2025 profits will be worse than expected as high medical expenses dog insurance companies
UnitedHealth's 2025 revenues guidance fell well short of Wall Street estimates, in the latest obstacle for the…
Boeing slashes losses as CEO promotes ‘our turn-around year’
Boeing slashed its quarterly losses as sales leapt after it provided the most aircrafts given that 2018.…
Procter & Gamble beats price quotes however alerts tariffs will start to weigh on revenues
Procter & Gamble reported quarterly results that beat Wall Street's expectations, however presented 2026 assistance that consisted…