Sanofi to invest at least $20 billion in the US through 2030, growing investments in science and expanding domestic manufacturing
Prnewswire· 2025-05-15 00:30
MORRISTOWN, N.J. and CAMBRIDGE, Mass., May 14, 2025 /PRNewswire/ -- Sanofi today announces its intention to invest at least $20 billion in the United States through 2030. The expected investment includes a significant increase in research and development spending and the allocation of billions of dollars to US manufacturing.The announcement comes as Sanofi prepares for the potential launch of numerous new first- or best-in-class medicines across many indications in the coming years, aiming to improve the he ...
Stock trading app eToro opens at $69.69 in Nasdaq debut
CNBC· 2025-05-15 00:25
Shares of stock brokerage platform eToro popped in their Nasdaq debut on Wednesday after the company raised almost $310 million in its IPO.The stock opened at $69.69, or 34% above its initial offering price, pushing its market cap to $5.6 billion at the open from $4.2 billion at the IPO price. Shares were last up more than 40%.The Israel-based company sold nearly 6 million shares at $52 each, above the expected range of $46 to $50. Almost 6 million additional shares were sold by existing investors. At the I ...
Uber unveils bus-like feature for commuters, expands $3 monthly pass
New York Post· 2025-05-15 00:22
Uber Technologies on Wednesday unveiled a range of new offerings such as shared fixed-route rides and expanded membership passes, targeting consumers seeking cost-effective ways to travel.The ride-sharing app has been looking to invest in more affordable transport and delivery offerings to widen its user base and combat slowing revenue growth in an uncertain economic environment.Uber’s new “Route Share” ride option will cost half as much as the company’s UberX ride-hail service, by providing pickups every 2 ...
Rigetti Shares Down 15% Post Q1 Earnings: Time to Buy, Hold or Sell?
ZACKS· 2025-05-15 00:21
Rigetti Computing (RGTI) shares have plunged 15% following the company’s first-quarter 2025 earnings release on May 12. In the first quarter, RGTI reported an adjusted loss per share of 8 cents, along with a sharp decline in revenues of more than 50% year over year. RGTI’s earnings and revenues for the reported quarter missed the Zacks Consensus Estimates by 60% and 40.2%, respectively.Rigetti’s first-quarter 2025 results raised concerns as revenue fell sharply to $1.5 million, largely due to the timing of ...
TELUS: 7.62% Yield, But With Bigger Risks
Seeking Alpha· 2025-05-15 00:19
Take advantage of the currently offered discount on annual memberships and give CIP a try. The offer comes with a 11 month money guarantee , for first time members.Conservative Income Portfolio targets the best value stocks with the highest margins of safety. The volatility of these investments is further lowered using the best priced options. Our Enhanced Equity Income Solutions Portfolio is designed to reduce volatility while generating 7-9% yields.Our last article on TELUS Corporation (NYSE: TU ) (TSX: T ...
3 Stocks to Buy Following Robust Results
ZACKS· 2025-05-15 00:15
Throughout the Q1 cycle so far, several companies – Palantir (PLTR) , Cboe Global Markets (CBOE) , and Centene (CNC) – posted results that had investors pleased, with each raising their outlooks in one way or another and enjoying bullish post-earnings reactions.Let’s take a closer look at what there was to like within each respective release.PLTR Keeps RollingPalantir continued to experience serious growth, a theme that’s been present amid the AI frenzy. Sales grew an impressive 39% from the year-ago period ...
3M Company (MMM) CEO Bill Brown Presents at Bank of America Industrials, Transportation & Airlines Key Leaders Conference (Transcript)
Seeking Alpha· 2025-05-15 00:14
3M Company (NYSE:MMM) Bank of America Industrials, Transportation & Airlines Key Leaders Conference May 14, 2025 8:45 AM ET Company Participants Bill Brown - Chairman, Chief Executive Officer Conference Call Participants Andrew Obin - Bank of America Andrew Obin Thank you so much for joining us. Our next session, we're going to do a fireside chat with Bill Brown, Chief Executive Officer and Chairman of 3M. So thanks so much for being here, such a delight. Star attraction clearly at this event. So thank you ...
Intuitive Machines: Success After Lunar Failure
Seeking Alpha· 2025-05-15 00:11
If you want full access to all our reports, data and investing ideas, join The Aerospace Forum , the #1 aerospace, defense and airline investment research service on Seeking Alpha, with access to evoX Data Analytics, our in-house developed data analytics platform.Intuitive Machines (NASDAQ: LUNR ) surprised Wall Street with positive free cash flow during in Q1 2025. The stock has been rewarded with a 22.4% gain, but still trades well below its highs from January. In March, I reiteratedDhierin runs the inves ...
Tencent Says AI Spending Is Yielding Results
PYMNTS.com· 2025-05-15 00:08
Chinese tech giant Tencent says its artificial intelligence (AI) investments have begun paying off.In releasing its quarterly earnings on Wednesday (May 14), the company’s CEO noted that its AI capabilities had “contributed tangibly” to its gaming and advertising businesses. Revenue was up 13% year over year to 180 billion yuan ($25 billion).“We also stepped up our spending on new AI opportunities, such as the Yuanbao application and AI in Weixin,” CEO Ma Huateng said, referring to the company’s super app.“ ...
bluebird bio shares soar after amended buyout offer from Carlyle, SK Capital
Proactiveinvestors NA· 2025-05-15 00:07
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...