Stocks

Mohawk Industries, Inc. MHK is scheduled to report first-quarter 2024 results on Apr 25, after market close. In the last reported quarter, the company’s adjusted earnings topped the Zacks Consensus Estimate by 6% and increased 48.5% year over year. Net sales beat the consensus …

Novartis Pharma AG Approval based on NETTER-P trial in which Lutathera demonstrated a consistent safety profile and comparable drug exposure between pediatric (ages 12-17) and adult patients Gastroenteropancreatic neuroendocrine tumors (GEP-NETs) are a rare cancer that is often unresectable and commonly diagnosed in the …

While artificial intelligence may be useful for a variety of purposes – including asking silly questions we’re afraid to pose in real life – the ultimate end game for digital intelligence could be to advance the human condition, which brings us to medical AI …

(Updates April 23 story with share reaction in paragraph 5, market cap in 9, Jefferies quote in 11) By Deep Kaushik Vakil and Shanima A April 23 (Reuters) - Ithaca Energy has agreed to buy nearly all Eni's UK oil and gas producing assets …

Although current expectations indicate that U.S. interest rates may not decrease significantly soon, there’s skepticism about maintaining high rates over an extended period. If interest rates eventually decrease, financing for new homes would become cheaper, stimulating demand for home purchases and, thus, homebuilder stocks. …

Major financial institution Bank of America Corp (NYSE:BAC) reported earnings last week and the shares bottomed out following the results, falling 3.5% the day of the quarterly report and testing their 100-day moving average. Fast forward to today, and BAC is up 1.6% to …

Bank of England chief economist Huw Pill said interest rate cuts were 'somewhat closer' - Graeme Sloan/Bloomberg Interest rate cuts are still “some way off”, the Bank of England’s chief economist has warned, as hopes for rapidly falling borrowing costs around the world fade. …