The company also continues to benefit from sales of blockbusters including blood thinner Eliquis and oncology drug Ibrance. In fact, Pfizer expects patent losses alone to lead to $17 billion in lost revenue from 2025 through 2030. In spite of these upcoming obstacles, is Pfizer still a buy?
The rally attempt paused Wednesday as Nvidia reversed lower. Meta, Chipotle and ServiceNow led key earnings late.
Chipotle posted another strong quarter against a difficult macro backdrop.
Shares of Chipotle Mexican Grill (CMG) are soaring after the company reported better-than-expected first quarter earnings. The restaurant chain posted revenue of $2.7 billion, in line with expectations of $2.67 billion. Additionally, adjusted earnings per share (EPS) came in at $13.37, outperforming analysts' projections of $11.66. Same-store sales grew 7%, better than the 5.13% estimate. Placer.ai Head of Analytical Research R.J. Hottovy joins Market Domination Overtime to discuss the results. Hottovy attributes the company's strong performance to factors such as product innovation, robust traffic, and operating margin improvements throughout the quarter. He notes that this top-line revenue trend could continue into the second quarter, stating, "not every restaurant operator can say that in this environment." Hottovy also highlights Chipotle's efficient system, which resonates well with consumers. He points out that even when lines are long at Chipotle, customers are willing to wait "because they know they can get through that quickly," a characteristic that is not sector-wide. Lastly, Hottovy emphasizes that Chipotle — from a valuation perspective— still has ample growth opportunities, "particularly in smaller markets." For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith
Sue Bird won four championships and made the playoffs 18 times with the Storm.
CALGARY, Alberta, April 24, 2024 (GLOBE NEWSWIRE) -- Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE)(TSX:GTE)(LSE:GTE) announces that the Company will release its 2024 first quarter financial and operating results on Wednesday, May 1, 2024, post-market. Gran Tierra will host its first quarter 2024 results conference call on Thursday, May 2, 2024, at 9:00 a.m. Mountain Time, 11:00 a.m. Eastern Time. Gran Tierra also provides the following information regarding the Com
New York, April 24, 2024 (GLOBE NEWSWIRE) -- NEW YORK, NY, April 24, 2024 / Ideanomics (NASDAQ:IDEX) ("Ideanomics" or the "Company") today announced that on April 19, 2024, the Company received a notice (the "10-K Notice") from the staff of the Nasdaq Listing Qualifications department (the "Staff") of The Nasdaq Stock Market LLC ("Nasdaq") stating that because the Company had not yet filed its Form 10-K for the period ended December 30, 2023 (the "Form 10-K"), the Company is not in compliance wi
TORONTO, April 24, 2024--Pivotree Inc. (TSXV:PVT) ("Pivotree" or the "Company"), a leading provider of frictionless commerce solutions, will release first quarter 2024 financial results on Friday, May 10, 2024 before the market opens. The webinar will be hosted by Bill Di Nardo, CEO, and Mo Ashoor, CFO, followed by a question and answer period.
The Board of Directors of Ensurge Micropower ASA (the "Company") resolved on 24 April 2024 to issue a total of 202,200 incentive subscription rights to employees in the Ensurge group. The grants were made under the Company's 2023 incentive subscription rights plan, as resolved at the Annual General Meeting on 24 May 2023, and amended on the Extraordinary General Meeting held on 10 November 2023. The exercise price of the subscription rights is calculated to NOK 1.2640 per share. The subscription
ServiceNow, Inc. (NOW) shares drop in the after-hours trading session after its second-quarter sales forecast disappointed investors. Appliance maker Whirlpool Corporation's (WHR) stock ticks up on news it will be cutting 1,000 jobs to cut costs and offset weakening demand. Whirpool is set to report earnings on Thursday, April 25. For more expert insight and the latest market action, click here to watch this full episode. This post was written by Luke Carberry Mogan.
Paul Skenes is looking every bit the ace the Pittsburgh Pirates thought they were getting when they selected the hard-throwing right-hander with the first overall pick in last year's draft. Just don't expect Pirates general manager Ben Cherington to shift whatever internal timeline the club has on Skenes' arrival in Pittsburgh. Skenes is clearing every hurdle the Pirates are putting in front of him.
Mohamud Hassan died hours after being arrested in Cardiff in January 2021.
Stephan Sterns is already in jail facing 60 child sexual abuse allegations
The Spaniard made an eye-opening admission about his Roland Garros hopes. More here.
"All True wanted for her six[th] birthday was another kitty," Khloé Kardashian wrote in a sweet Instagram post introducing the feline named Baby Kitty
Paul Grice is accused of kidnapping and murdering Veronica Butler and Jilian Kelley with four others
The Conservatives first promised to end landlords' ability to evict tenants with no reason in 2019.
U.S. Department of Justice officials are planning to decide as soon as late May whether Boeing violated an agreement that shielded the planemaker from criminal prosecution over fatal crashes in 2018 and 2019, people familiar with the matter said. Justice Department officials revealed the timeline in a closed-door meeting on Wednesday where families of the victims of the two Boeing 737 MAX crashes pressed U.S. officials to criminally prosecute the planemaker. The families have argued that Boeing violated a 2021 deal with prosecutors to overhaul its compliance program following the crashes, which killed 346 people.
The chancellor says cutting services will cost "a great deal less" than allowing Russia to succeed in Ukraine.
U.S. and European shares finished mixed on Wednesday ahead of more corporate earnings this week, and the yen was mired near 34-year lows, keeping traders wary of intervention from Japan. An auction of a record $70 billion worth of five-year U.S. Treasury notes on Wednesday helped to push bond yields higher, pressuring equities.
"Thank you for supporting me endlessly, while being my biggest role model," the designer wrote in a sweet tribute on her NFL husband's birthday
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