Samsung Electronics’ operating profit jumps 932.8% in first quarter, beats expectations

Samsung Electronics Co. Galaxy S24 smartphones during a media preview event in Seoul, South Korea, on Monday, Jan. 15, 2024. Samsung, the world's most prolific smartphone maker, is leaning into artificial intelligence as the key to unlocking greater sales this year. Photographer: SeongJoon Cho/Bloomberg via Getty ImagesSeongJoon Cho |...

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J&J, Bristol Myers Squibb lose Medicare drug-price talks challenges

Jonathan Raa | Nurphoto | Getty ImagesA federal judge in New Jersey on Monday rejected Johnson & Johnson's and Bristol Myers Squibb's legal challenges to the Biden administration's Medicare drug-price negotiations, ruling that the program is constitutional. The decision is another win for the White House in a bitter legal...

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PARA, NXPI, FFIV and more

Check out the companies making headlines in after hours trading. Paramount Global — Shares rose less than 1% after the parent of CBS television said its CEO Bob Bakish would step down and be replaced by an "office of the CEO." The news comes as Paramount posted per-share earnings...

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Peacock streaming subscription prices to increase before Summer Olympics

The price of Peacock is flying higher.Subscription prices for Peacock, Comcast's answer to the streaming wars, will increase by $2 this summer. The price adjustment is a way for Comcast's NBCUniversal to capitalize on the Summer Olympics in Paris, which will air on NBC's TV networks and streaming platform.Peacock's...

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Why Eli Lilly’s earnings are no sure thing for traders despite obesity drug momentum

Eli Lilly appears to be making as much of its popular obesity and diabetes medicines as it can, but shortages are worsening , putting the company's earnings at risk, analysts say. Tirzepatide is the active ingredient in both Eli Lilly's diabetes treatment Mounjaro and its anti-obesity drug Zepbound. The...

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Stocks making the biggest moves midday: TSLA, ROKU, AAPL, DPZ

Check out the companies making headlines in midday trading. SoFi Technologies — The consumer fintech company's stock price plunged about 10% on disappointing second-quarter earnings guidance. SoFi forecast adjusted revenue between $555 million and $565 million and net income of $5 million to $10 million, while analysts polled by FactSet...

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