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Bristol-Myers Squibb saw a 3% surge in its stock price after the FDA approved a new schizophrenia drug, Cobenfy. Novo Nordisk’s shares slipped 2.9% due to lower sales expectations for the quarter. Costco Wholesale missed fourth-quarter revenue expectations, leading to a 1.7% decline in its stock. Super Micro Computer rebounded with a 3% gain after a recent probe by the Justice Department. Cassava Sciences fell 11% following a $40 million settlement with the SEC over misleading statements. Wynn Resorts’ stock rose by 6% after an upgrade from Morgan Stanley, citing stability in Las Vegas operations. HP Inc. dropped more than 3% after a downgrade from Bank of America. Amgen saw a 2% increase in its shares after an overweight rating from Cantor Fitzgerald. Rocket Lab U.S.A. surged 16% following a price target increase from KeyBanc Capital Markets.
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Emily Jensen, graduated from the London School of Economics and Political Science (LSE) in the UK in 2015 with a degree in Economics. She specializes in financial markets and international trade. After graduating, she worked as an analyst at an investment bank in London, where she developed expertise in global economic trends. She later transitioned into consulting, focusing on fintech ventures and providing insights into global economic developments. Emily is passionate about the intersection of finance and technology and aims to drive innovation in the financial sector.
