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Business

Novo Nordisk Shares Plummet 8% Following Eli Lilly's Breakthrough in Weight Loss Drug Trial

Novo Nordisk shares fell 8% after Eli Lilly reported positive trial results for its weight loss drug, orforglipron, affecting the healthcare sector. Novo Nordisk's shares dropped t...

Business

GE Aerospace Soars with an 11% Revenue Jump to $9.9B in Q1 2025, Setting High Expectations

GE Aerospace reports an 11% revenue increase to $9.9 billion in Q1 2025, with profits up 13% to $2.2 billion. The company raises its full-year EPS and operating profit forecasts, r...

Business

3M Reports a Slight Dip in Q1 Sales to $6 Billion Amid Strategic Adjustments

3M Company reports a 1% increase in Q1 sales to $6 billion, with net income rising to $1.12 billion. CEO William Brown highlights strategic priorities amid a slight stock dip.

Business

Halliburton Reports a 6.9% Drop in Q1 Revenue to $5.4B Amid Global Market Challenges

Halliburton's Q1 fiscal 2025 revenue fell 6.9% to $5.4B, with net income dropping 66% to $203M. Despite challenges, CEO Jeff Miller highlights strong international tender activity ...

Business

Verizon Surpasses Expectations with a 1.5% Revenue Increase to $33.5 Billion in Q1 2025

Verizon Communications reports a 1.5% revenue increase to $33.5 billion in Q1 2025, with net income up by 6.3%. The company forecasts continued growth in wireless service revenue a...

Business

RTX Corp. Announces 5% Sales Growth in Q1, Reaching $20.3B Amidst Dynamic Market Conditions

RTX Corp. reports a 5% increase in Q1 revenue to $20.3B, despite a 10% drop in net income. Collins Aerospace and Pratt & Whitney show growth, while Raytheon sales decline. The comp...

Business

Lockheed Martin Surges Ahead: Q1 2025 Net Sales Leap to $18 Billion, Marking a 4.7% Increase

Lockheed Martin Corporation reports a 4.7% increase in Q1 2025 net sales to $18 billion, with net earnings up 13.3%. CEO Jim Taiclet expresses confidence in meeting full-year finan...

Business

Regeneron and Fujifilm Forge a $3 Billion Alliance to Revolutionize US Biologic Medicine Production

Regeneron Pharmaceuticals Inc. and Fujifilm Diosynth Biotechnologies have entered a $3 billion agreement to produce biologic medicines in North Carolina, marking a significant step...