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Palantir, Coherent, Lumentum, ON Semi, and More Stocks That Explain Today’s Market
Barrons.com8d agoneutral
Palantir, Coherent, Lumentum, ON Semi, and More Stocks That Explain Today’s Market

Stock futures were rising on Tuesday, putting the on the brink of a record high as tech extended its recent rebound. Palantir was the S&P 500’s best performer ahead of the opening bell, surging 16% after the data analytics software developer reported strong second-quarter earnings. CEO Alex Karp described the quarter as “otherworldly,” as U.S. commercial revenue rose 149% from a year ago.

Pfizer beats quarterly profit estimates on strong demand for blood thinner Eliquis
Reuters8d agobullish
Pfizer beats quarterly profit estimates on strong demand for blood thinner Eliquis

Aug 4 () - Pfizer on Tuesday slightly raised the lower end of ‌its full-year revenue forecast after ‌beating Wall Street estimates for second-quarter profit, driven ​by strong demand for blood thinner Eliquis. Pfizer is banking on newer medicines to offset ‌fading COVID revenue ⁠and reduce reliance on aging blockbuster drugs, while investors look ⁠for signs that its $10 billion purchase of Metsera can help establish a meaningful ​presence in ​the fast-growing ​obesity market.

Medicus Pharma CMO to lead  Antev's Teverelix clinical programme
Proactive9d agoneutral
Medicus Pharma CMO to lead Antev's Teverelix clinical programme

Medicus Pharma (NASDAQ:MDCX) announced it has put its chief medical officer in charge of UK subsidiary Antev Limited, consolidating leadership of the Teverelix clinical programme ahead of regulatory, late-stage development and partnering work. Dr Faisal Mehmud will become Antev’s chief...

Jobs Numbers, SpaceX Earnings: What to Watch This Week
The Wall Street Journal10d agoneutral
Jobs Numbers, SpaceX Earnings: What to Watch This Week

The monthly jobs report comes out Friday. Before that, Elon Musk’s SpaceX will post its first earnings report as a listed company. Also reporting: Walt Disney; tech companies Palantir and Advanced Micro Devices; ride-sharing firms Uber and Lyft; private-equity firms Apollo, Carlyle and TPG; and fast-food chains McDonald's and Wendy’s.

Earnings, PMI and Other Key Things to Watch this Week
Barchart10d agoneutral
Earnings, PMI and Other Key Things to Watch this Week

Markets enter an earnings-dominated week with a huge concentration of corporate results spanning technology, industrials, healthcare, consumer discretionary, and entertainment sectors. This will provide a critical assessment of economic health and corporate fundamentals amid persistent uncertainty about technology sector valuations and AI infrastructure spending.

Pfizer (PFE) Stock Looks Reasonable Based On Today’s Broader Checks
Simply Wall St.12d agoneutral
Pfizer (PFE) Stock Looks Reasonable Based On Today’s Broader Checks

Pfizer stock has declined 27.7% over the past 5 years, yet the current valuation checks and market multiples now point to a picture that looks closer to fair than clearly cheap or expensive. The 5-year return of 27.7% in the red means long-term shareholders are still under water, which can make today’s pricing feel more attractive than it may actually be on fundamentals. Recent positive trial results for LITFULO in nonsegmental vitiligo and regulatory progress for vaccines and oncology...