$1 billion in cost reductions, 10 product launches planned
Exterior view of Moderna headquarters, Cambridge, Massachusetts, USA. Plexi images | Universal Images Group | Getty Images Moderna announced on Thursday that the company plans to cut spending by about $1.1 billion by 2027 and seek approvals for several new…
What is likely to move the market in the next trading session
Shoppers at a Walmart store in Secaucus, New Jersey, USA, on Tuesday, March 5, 2024. Gabby Jones | Bloomberg | Stocks @ Night is a daily newsletter sent after the market closes, giving you a first look at tomorrow and…
Eli Lilly’s outstanding quarter should calm concerns about the stock
Eli Lilly on Thursday reported a successful quarter driven by sales of its blockbuster obesity and diabetes drugs, allaying any lingering investor concerns about the stock. Second-quarter revenue rose 36% year-over-year to $11.3 billion, beating expectations of $9.92 billion, according…
