Costco Wholesale Corp (NASDAQ) delighted investors with a 6.5% rise in same-store sales for May, excluding gas and foreign exchange impacts. This impressive figure outpaced the 6.0% consensus estimate and built on April’s 5.5% growth. Net sales also saw a hefty...
In a blow to the burgeoning field of psychedelic treatments, advisers to the U.S. Food and Drug Administration voted overwhelmingly against an MDMA-based therapy for PTSD on Tuesday. The panel, with a resounding 10-to-1 vote, determined that the treatment’s...
VCIG GIVES FULL YEAR GUIDANCE AFTER SEEING REVENUES INCREASE OVER 145% in 2023 KUALA LUMPUR, Malaysia, June 3, 2024 – VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, “VCIG”, or the “Company”), a diversified holding company focusing on consulting and technology,...
Last week, Skydance Media jazzed up its offer to Paramount Global, proposing to buy a select number of non-voting shares at $15 each, according to the Wall Street Journal’s Sunday scoop. This move values Paramount B-shares at a juicy 26% premium over Friday’s...
Dell’s forecast for the current-quarter profit didn’t quite hit the sweet spot on Thursday, warning that the hefty costs of building AI-ready servers would chew into annual margins. This revelation sent its shares tumbling over 17% in after-hours trading....
The U.S. already has a stash of bird flu vaccines that match the current strain, along with antivirals ready to tackle human infections. But if the bird flu takes flight into a major epidemic or pandemic, a substantial scale-up will be on the agenda. Officials noted...
