Large Cap

GLP-1 Treatments Such As Wegvoy, Mounjaro Cut Obesity-Related Cancer Risks, Study Finds
BHP Cuts Employee Incentives, Misses Performance Goals
Roche's New Immunotherapy Fails To Show Benefit Over Merck's Blockbuster Keytruda In Lung Cancer Patients
BHP Cuts Employee Incentives, Misses Performance Goals
Roche's New Immunotherapy Fails To Show Benefit Over Merck's Blockbuster Keytruda In Lung Cancer Patients
AI Has 'The Hallmarks Of An Inflating Bubble,' Warns Veteran Wall Street Investor
British Pound, European Stocks Surge Ahead Of UK Election Results; Bitcoin Plummets: What's Driving Markets Thursday?

Large Cap Recent News

Shell, TotalEnergies, BP, Mitsui Join ADNOC's Mega LNG Project: Report
ADNOC allocates 40% stake in its LNG project to Shell, TotalEnergies, BP, and Mitsui. Project expected to double UAE's fuel output by 2028.
Activist Investor Takes Stake In Sports Medicine Player Smith & Nephew, Shares Surge
Smith & Nephew shares rise as Cevian Capital acquires a 5% stake, aiming to improve operational performance. The medical tech firm faces challenges with declining market cap and mixed revenue growth.
Ericsson's Vonage Bet Backfires: Impairment Charge Hits Q2 Due to Lower Market Growth
Ericsson to record non-cash impairment charge of SEK 11.4 billion in Q2 2024. The company expects the charges due to lower expected market growth rates in Vonage's current portfolio.
Leadership Change at NIO: CFO Resigns, Senior VP Takes Charge
NIO announces management change, CFO resigns for personal reasons. Senior VP of Finance promoted. Delivers record number of EVs,
Wildfire Risk Forces Suncor To Shut Down Firebag Oil Sands Site: Report
Suncor Energy temporarily shuts down Firebag oil sands site due to nearby wildfire, stating no risk to other operations.
Shell Absorbs Charges, Pauses Project: Q2 Outlook Dims With Impairments and Biofuels Halt
Shell plc updated operational outlook for Q2 FY24, expecting production and LNG liquefaction volumes to be higher. Stock has gained 24% in last 12 months.
Boeing Set For Improved Deliveries And Production Rates, Goldman Sachs Analyst Says
Goldman Sachs analyst Noah Poponak cites data that Boeing will deliver 43 aircraft in June, showing improvement in total deliveries and production rates.
Schlumberger's OneSubsea Wins Green Production System Deal For TotalEnergies' Angola Project
SLB's OneSubsea JV won contract from TotalEnergies for Subsea Production System, boosting production sustainability in Angola. Production to start in 2028.
Eli Lilly's Alzheimer's Therapy's Broad Label Reflects Regulatory Confidence in Anti-Amyloid Antibodies: Analyst
The FDA has approved Eli Lilly's Kisunla (donanemab) for early symptomatic Alzheimer's disease. Kisunla, targeting amyloid plaques, shows a significant reduction in disease progression and may reduce treatment costs with fewer infusions. Priced at $32,000 annually, it offers a competitive option against Biogen's Leqembi.
Three Mile Island Facility Rising From The Ashes? Constellation Energy In Talks for Restart: Report
Constellation Energy may restart part of its Three Mile Island nuclear facility with help from Pennsylvania officials, mirroring Michigan's $1.5 billion loan. Decision on restart depends on various factors. Demand for nuclear energy is increasing but concerns remain.
Equinor Extends 35-Year Partnership: Nippon Steel and Sumitomo to Supply OCTG for Up to 9 Years
Equinor renews contract with Nippon Steel and Sumitomo to supply OCTG for 9 years, recognizing stable supply and commitment to low carbon and safety.
Indonesia Powers Up: First EV Battery Plant Launched With Hyundai and LG Energy Solution
Hyundai Motor and LG Energy Solution have opened Indonesia's first EV battery plant with 10GWh capacity, planning to invest $9.8 billion.
Europe Approves Sanofi/Regeneron's Dupixent for 'Smoker's Lungs' A Month After US FDA Asks For Data
EMA approves Dupixent (dupilumab) as an add-on maintenance treatment for adults with uncontrolled COPD characterized by raised blood eosinophils. This marks the first new treatment for COPD in over a decade, benefiting 220,000 adults in the EU.

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