Merck cut its profit guidance due to a charge tied to its acquisition of biotech company Terns Pharmaceuticals.
This is a short WorldPing brief. The full report was published by CNBC.
Read the full report at CNBCPfizer said it cut its full-year revenue expectation for its Covid products to $4 billion, down from around $5 billion previously.
Brief by WorldPing · Original reporting by CNBC World
WorldPingRolling coverage of the latest economic and financial news While oil company profits soar, farmers across Europe are warning of a slump in food production and rising prices as crops suffer as a result of extreme heat, drought and wildfires.
Brief by WorldPing · Original reporting by The Guardian
WorldPingLevy could raise £19bn to help pay for Andy Burnham’s support for those struggling with bills, say campaigners Business live – latest updates Campaigners have renewed calls for a windfall tax on UK banks that could raise £19bn towards Andy Burnham’s…
Brief by WorldPing · Original reporting by The Guardian
WorldPingHigher oil prices boost the energy giant's results while environmental groups accuse it of profiteering.
Brief by WorldPing · Original reporting by BBC Business
WorldPingBitcoin advanced as the market settled down following the weekend’s hack of Coldcard wallets and sales by Strategy even as sentiment remained in “extreme fear.”…
Brief by WorldPing · Original reporting by CoinDesk
"Our customers have declined to become vassal states of the language labs," Palantir's co-founder and CEO Alex Karp said after blowout second-quarter earnings.
Brief by WorldPing · Original reporting by CNBC World