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Day: February 2, 2024

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

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

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

February 2, 2024February 2, 2024
Meta surges with record $196 billion gain in stock market value
General

Meta surges with record $196 billion gain in stock market value

By Samrhitha A, Aishwarya Venugopal and Chuck Mikolajczak (Reuters) -Meta Platforms added $196 billion in stock market value on Friday,…

February 2, 2024February 3, 2024
Bezos to sell up to 50 million Amazon shares by Jan. 31 next year  – filing
General

Bezos to sell up to 50 million Amazon shares by Jan. 31 next year – filing

(Reuters) -Amazon.com founder Jeff Bezos will sell up to 50 million shares in the online retail and cloud services firm…

February 2, 2024February 2, 2024
Short sellers targeting regional bank stocks up $1 billion -Ortex
General

Short sellers targeting regional bank stocks up $1 billion -Ortex

NEW YORK (Reuters) – Short sellers targeting shares of a group of U.S. regional banks, including New York Community Bancorp,…

February 2, 2024February 2, 2024
Amazon jumps as AI, retail strength power revenue growth
General

Amazon jumps as AI, retail strength power revenue growth

By Akash Sriram and Aishwarya Venugopal (Reuters) -Amazon.com shares surged 7% on Friday after the e-commerce heavyweight reported higher-than-expected holiday…

February 2, 2024February 3, 2024
Chevron profit sinks but beats estimates, shares up
General

Chevron profit sinks but beats estimates, shares up

By Sabrina Valle HOUSTON (Reuters) – Chevron Corp on Friday beat analysts’ earnings estimates and increased dividends on higher oil…

February 2, 2024February 2, 2024
Amazon posts AI-fueled cloud, ecommerce growth, shares jump
General

Amazon posts AI-fueled cloud, ecommerce growth, shares jump

By Akash Sriram and Greg Bensinger (Reuters) -Amazon.com beat fourth-quarter revenue expectations on Thursday as new generative AI features in…

February 2, 2024February 2, 2024

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