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Biogen’s stock hit by soft guidance and a decline in sales of MS drugs
Sales of an Alzheimer’s disease treatment were better than expected, but that and a quarterly beat wasn’t enough to offset below-consensus EPS outlook.MarketWatch - 2h -
Super Micro cuts its outlook — but there’s a silver lining supporting its stock
Super Micro predicts far more revenue for its next fiscal year than analysts were projecting. The company also expects to submit its delayed annual filing by the Feb. 25 deadline.MarketWatch - 13h -
FDA approves new genetic disorder drug
The Food and Drug Administration (FDA) approved a new drug to treat a disorder causing the growth of noncancerous tumors on nerves throughout the body. The federal agency said on Tuesday it ...The Hill - 14h -
DuPont’s stock jumps as earnings beat estimates, boosted by semiconductor recovery and AI
DuPont cited continued recovery in semiconductor demand, driven primarily by AI-technology applications and stronger demand in China, for its results.MarketWatch - 1d -
New treatments are needed for alcohol addiction. Are drugs like Ozempic the answer?
There's growing evidence to suggest that GLP-1 drugs, which include Ozempic's semaglutide, may be useful for treating alcohol use disorder.NBC News - 1d -
Ecuador’s President Faces Runoff After Falling Short in Re-Election Bid
President Daniel Noboa, who is known for his aggressive law-and-order policies, failed to win a majority of votes in his re-election bid on Sunday.The New York Times - 1d -
Rockwell Automation crushes profit estimates but says customers are still cautious
Rockwell’s numbers eased investor concerns after the company missed sales estimates in three of the last six quarters.MarketWatch - 1d -
WATCH: Indiana's heave at the buzzer ends in bad beat as Hoosiers comeback falls short vs. Michigan
Michigan looked like a lock to cover as a favorite, before ....CBS Sports - 3d
More from CNBC
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Consumer prices rise 0.5% in January, higher than expected as annual rate rises to 3%
The consumer price index was expected to increase 0.3% in January, according to the Dow Jones consensus estimate.CNBC - 11m -
Trump says interest rates should be lowered to go 'hand in hand' with his tariffs
Trump again switched positions on the Fed, indicating in a social media post Wednesday that interest rates need to come down.CNBC - 26m -
The New York Stock Exchange is launching an exchange in Texas
The NYSE Chicago will reincorporate in Texas and be renamed NYSE Texas.CNBC - 18m -
Zelle payments top $1 trillion in 2024 as network's growth outpaces rivals including PayPal
Zelle said its user base jumped 12% to 151 million accounts in 2024, and that the total dollars sent on the platform jumped 27% from the year earlier.CNBC - 1h -
Warren Buffett's Berkshire buys more Occidental after 30% sell-off from record high
The Omaha, Nebraska-based conglomerate scooped up 763,000 shares of the Houston-based oil and gas producer on Friday for $35.7 million, according to a filing.CNBC - 1h
More in Business
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CVS shares pop 15% on big earnings beat, even as high medical costs drag down insurance unit
It caps off the first full quarter with David Joyner, a longtime CVS executive, as CEO of the troubled retail drugstore chain.CNBC - 9m -
US inflation unexpectedly increases to 3% in January
Figure bolsters case for Federal Reserve to proceed slowly with interest rate cutsFinancial Times - 10m -
Rich retirees win if Trump ends taxes on Social Security benefits — but there are plenty of losers
Well-off retirees stand to gain thousands of dollars in tax savings every year if President Donald Trump succeeds in his bid to exempt Social Security benefits from income taxes, while younger ...MarketWatch - 10m -
10-year Treasury yield has biggest one-day jump of 2025 after hot inflation data
U.S. government debt aggressively sold off Wednesday morning, pushing the benchmark 10-year yield up for a fifth straight session, after inflation for January exceeded expectations and raised ...MarketWatch - 10m -
Consumer prices rise 0.5% in January, higher than expected as annual rate rises to 3%
The consumer price index was expected to increase 0.3% in January, according to the Dow Jones consensus estimate.CNBC - 11m