We Are/DigitalVision via Getty Images Shares of Gilead Sciences, Inc. ( GILD ), my favorite in the HIV drugs market, have risen 23.3% since my previous article , " Gilead Sciences: From All-Time Highs To Higher Highs. " And, of course, the primary reason behind this boom is the strong Q4 numbers . Source: Graph was made by Author So, its revenue grew 4.8% year-over-year to $7.93 billion , beating ...
We Are/DigitalVision via Getty Images Shares of Gilead Sciences, Inc. ( GILD ), my favorite in the HIV drugs market, have risen 23.3% since my previous article , " Gilead Sciences: From All-Time Highs To Higher Highs. " And, of course, the primary reason behind this boom is the strong Q4 numbers . Source: Graph was made by Author So, its revenue grew 4.8% year-over-year to $7.93 billion , beating Wall Street analysts' expectations by $246.6 million. Meanwhile, its non-GAAP EPS also came in well above the consensus forecast, as in the past eight quarters, but this time by 3 cents . And I ask myself, which of GILD's drugs was the key to the growth of these two metrics? Of its HIV franchise, Biktarvy, Yeztugo, and Descovy again showed strong performances, and from the Liver portfolio, only Livdelzi. Source: Graph was made by Author based on the financial reports of Gilead Sciences So, sales of Biktarvy, Gilead's flagship HIV therapy, reached $3.97 billion in Q4, up 5.1% YoY and 7.7% QoQ. And since I'll talk about Yeztugo and Descovy a little later, I think it's important to touch on GILD's oncology portfolio now, specifically its antibody-drug conjugate called Trodelvy. Source: Table was made by Author based on the financial reports of Gilead Sciences On January 21 , it announced that the prestigious journal NEJM had published the results of the Phase 3 ASCENT-04 study [ NCT05382286 ]. In it, Merck's Keytruda [ pembrolizumab ] ( MRK ) plus Trodelvy [sacituzumab govitecan] reduced the risk of death or disease progression by 35% in patients with metastatic TNBC compared to the Keytruda-chemotherapy group. This combo also demonstrated an acceptable safety profile, with an mPFS [ median progression-free survival ] of 11.2 months, 3.4 months higher than in the comparator arm. Thus, I can draw the following interim conclusion, namely, Keytruda+Trodelvy could become the "gold standard" as first-line treatment for metastatic triple-negative breast cancer if approved by the FDA...
President called justices who blocked his tariffs a ‘disgrace to the nation’ while praising three justices who dissented US politics live – latest updates Donald Trump on Friday railed against the supreme court justices that blocked his use of tariffs, calling the decision a “disgrace to the nation” and claiming he plans to impose even more tariffs under other statutory authorities. “It’s my opini...
President called justices who blocked his tariffs a ‘disgrace to the nation’ while praising three justices who dissented US politics live – latest updates Donald Trump on Friday railed against the supreme court justices that blocked his use of tariffs, calling the decision a “disgrace to the nation” and claiming he plans to impose even more tariffs under other statutory authorities. “It’s my opinion that the court has been swayed by foreign interests and a political movement that is far smaller than people would ever think,” the president said during remarks from the White House. He cast that influence as social and cultural. “I’m ashamed of certain members of the court. Absolutely ashamed for not having the courage to do what’s right for our country.” Continue reading...
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. The S & P 500 moved higher Friday in what's been a volatile session. The news of the day was the Supreme Court striking down President Donald Trump 's emergency tariffs in a 6-3 decision. Trump responded in the afternoon by sayi...
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. The S & P 500 moved higher Friday in what's been a volatile session. The news of the day was the Supreme Court striking down President Donald Trump 's emergency tariffs in a 6-3 decision. Trump responded in the afternoon by saying he will impose 10% global tariffs under Section 122. Those new levies can only last for 150 days without further congressional action to extend. Trump pointed out the Supreme Court's decision does not impact Section 232 and 301 tariffs. The president also expressed frustration that Friday's ruling did not deal with whether tariff revenue already collected will have to be refunded or not. Trump suggested that further litigation may be needed to resolve that matter. NKE 1D mountain Nike 1 day When the high court news first broke around 10 a.m. ET, there were strong bursts in stocks of companies whose profits have been hit by tariffs. For example, Nike was one of the stocks in the portfolio that's been the most negatively impacted by tariffs. The company has baked in a $1.5 billion cost headwind this fiscal year from tariffs. As expected, shares of the shoe and athletic apparel maker briefly traded higher to above $68 immediately after the decision. But the market quickly realized that Trump would find other methods to put levies on imports or restrict trade. He did just that, explaining why Nike reversed and gave back all its gains. Cybersecurity stocks , including CrowdStrike and Palo Alto Networks , dropped after Anthropic announced Friday the availability of Claude Code Security. The AI research company said this new tool can scan codebases for security vulnerabilities and suggest software patches for human review. As shareholders in CrowdStrike and Palo Alto Networks and firm believers that AI and the proliferation of digital agents will increase the need for cybersecu...
President Trump claimed the justices opposing his position were acting because of partisanship, though three of those ruling against his tariffs were appointed by Republican presidents. (Image credit: Alex Wong)
President Trump claimed the justices opposing his position were acting because of partisanship, though three of those ruling against his tariffs were appointed by Republican presidents. (Image credit: Alex Wong)
Shares of Remitly Global (NASDAQ: RELY) jumped 30% this week, according to data from S&P Global Market Intelligence . The mobile remittance platform reported Q4 earnings and guided to strong growth in 2026, which led investors to bid up the stock. Plus, the company is now producing strong operating leverage at scale, leading to huge profit gains. Here's why Remitly Global stock popped this week, a...
Shares of Remitly Global (NASDAQ: RELY) jumped 30% this week, according to data from S&P Global Market Intelligence . The mobile remittance platform reported Q4 earnings and guided to strong growth in 2026, which led investors to bid up the stock. Plus, the company is now producing strong operating leverage at scale, leading to huge profit gains. Here's why Remitly Global stock popped this week, and whether it is a buy right now. In the fourth quarter, Remitly posted strong growth across the board. Active customers were up 19% year-over-year, revenue was up 26% year-over-year, and send volume was up 35% year-over-year. This impressive double-digit growth has been a multi-year journey for the remittance upstart, enabling the business to gain rapid market share in the sector. Continue reading
Steve Cohen Tops Hedge Fund Rich List With $3.4 Billion Haul Steve Cohen spent last fall doing something few billionaire owners enjoy: apologizing. As the New York Mets staggered through a bruising 2025 campaign, he took to social media to tell fans he was sorry for the disappointment at Citi Field. Yet even as the baseball season fizzled, Cohen was clinching a very different kind of pennant, acco...
Steve Cohen Tops Hedge Fund Rich List With $3.4 Billion Haul Steve Cohen spent last fall doing something few billionaire owners enjoy: apologizing. As the New York Mets staggered through a bruising 2025 campaign, he took to social media to tell fans he was sorry for the disappointment at Citi Field. Yet even as the baseball season fizzled, Cohen was clinching a very different kind of pennant, according to Bloomberg . The founder of Point72 Asset Management finished the year as the highest-paid hedge fund manager on Bloomberg’s annual ranking, pocketing an estimated $3.4 billion. That works out to more than $9 million every day — a staggering haul even by Wall Street standards. For the first time since the list began, Cohen sat alone at the top. The contrast is striking. Cohen, 69, bought the Mets in 2020 for a record $2.4 billion and pledged to deliver a championship within three to five years. He backed up that promise with one of the sport’s largest payrolls. But while October glory in Queens remains elusive, his investment firm in Stamford, Connecticut, has flourished. Point72’s ascent is particularly notable given its history. Cohen’s former firm, SAC Capital, pleaded guilty in 2013 to insider-trading charges and returned outside investors’ money; Cohen himself denied wrongdoing. When Point72 reopened to clients in 2018, skeptics wondered whether investors would return. They did — quickly and in size. More than $4 billion poured in at launch, followed by steady inflows that have helped lift assets under management to $45.7 billion. That scale places it among the industry’s largest multistrategy operations, competing with firms such as Citadel and Millennium Management. Bloomberg writes that Cohen’s 2025 payday outpaced several longtime rivals. David Tepper of Appaloosa Management claimed second place with $3.2 billion, while Izzy Englander of Millennium followed closely at $3.1 billion. Ken Griffin, who has frequently dominated the rankings in past years, earned...
Key PointsSolel Partners LP sold 624,800 shares of Brightstar Lottery, an estimated $10.18 million trade based on average closing prices for the quarter.
Key PointsSolel Partners LP sold 624,800 shares of Brightstar Lottery, an estimated $10.18 million trade based on average closing prices for the quarter.
The nice thing about saving for retirement in a traditional IRA or 401(k) is getting a tax break on your contributions each year you make them. The downside is having to not only pay taxes on your withdrawals, but deal with required minimum distributions , or RMDs, in retirement. RMDs can be a huge hassle when you're forced to remove money from your savings you don't have an obvious need for. Imag...
The nice thing about saving for retirement in a traditional IRA or 401(k) is getting a tax break on your contributions each year you make them. The downside is having to not only pay taxes on your withdrawals, but deal with required minimum distributions , or RMDs, in retirement. RMDs can be a huge hassle when you're forced to remove money from your savings you don't have an obvious need for. Image source: Getty Images. Continue reading
Earnings Call Insights: The Western Union Company (WU) Q4 2025 Management View Devin McGranahan, President, CEO & Director, emphasized the ongoing transformation into a digital-first, retail-enabled consumer services company powered by payments and innovation. He stated, "We remain optimistic about the longer-term outlook for our business as we believe our core retail remittance business will impr...
Earnings Call Insights: The Western Union Company (WU) Q4 2025 Management View Devin McGranahan, President, CEO & Director, emphasized the ongoing transformation into a digital-first, retail-enabled consumer services company powered by payments and innovation. He stated, "We remain optimistic about the longer-term outlook for our business as we believe our core retail remittance business will improve as migration patterns normalize, and we work to increase both our revenue and share gains in this important market." McGranahan highlighted stabilization in the Americas retail segment and improvement in certain corridors, with "U.S. to Mexico quarter improved hundreds of basis points relative to the third quarter." He also noted the successful launch and early traction of the V-Go Money wallet in the U.S., as well as wallet expansion plans for Australia, Mexico, Singapore, the Philippines, and Israel. McGranahan announced several exclusive partnership wins, including the return of Deutsche Post, a five-year exclusive contract with Canada Post, and a long-term deal with Vallarta Markets. He stated, "With these partnerships...we expect at least an incremental $100 million of retail revenue per year when fully ramped." Matthew Cagwin, Executive VP & CFO, reported, "For the full year, we delivered GAAP revenue of $4.1 billion." He added, "Adjusted EPS was $0.45 in the fourth quarter compared to $0.40 a year ago." Cagwin also discussed progress in the Consumer Services segment, which contributed 14% to total revenue in Q4 with 26% adjusted revenue growth, and outlined the impact of ongoing cost discipline. Outlook Cagwin provided a 2026 guidance for adjusted revenue growth of 6% to 9%, inclusive of Intermex, with an adjusted EPS outlook for the full year between $1.75 to $1.85. He stated, "Our adjusted revenue outlook for 2026 is for 6% to 9% revenue growth, inclusive of Intermex, which we now expect to close in the second quarter of this year." He noted the expectation for...
"Bloomberg Real Yield" highlights the market-moving news you need to know. Today's guests: Franklin Templeton Fixed Income CIO Sonal Desai, Wells Fargo Head of Macro Strategy Mike Schumacher, Morgan Stanley Chief Fixed Income Strategist Vishy Tirupattur and CreditSights Global Head of Credit Strategy Winnie Cisar. (Source: Bloomberg)
"Bloomberg Real Yield" highlights the market-moving news you need to know. Today's guests: Franklin Templeton Fixed Income CIO Sonal Desai, Wells Fargo Head of Macro Strategy Mike Schumacher, Morgan Stanley Chief Fixed Income Strategist Vishy Tirupattur and CreditSights Global Head of Credit Strategy Winnie Cisar. (Source: Bloomberg)
J Studios Software stocks have become a crucial battleground for investors lately, as the market struggles to evaluate the potential impact AI will have on the industry. SA analyst Jack Bowman has discussed a framework for evaluating players in this industry, distinguishing between “road builders” and "tollbooths." According to Bowman, this bifurcation helps explain why companies like Salesforce (...
J Studios Software stocks have become a crucial battleground for investors lately, as the market struggles to evaluate the potential impact AI will have on the industry. SA analyst Jack Bowman has discussed a framework for evaluating players in this industry, distinguishing between “road builders” and "tollbooths." According to Bowman, this bifurcation helps explain why companies like Salesforce ( CRM ) and Adobe ( ADBE ) are being sold off while MongoDB ( MDB ) and Palantir ( PLTR ) maintain strength. "Road builders are these companies that produce dashboards. They’re just made for humans to use as a tool," the analyst explained on a recent episode of Seeking Alpha's Investing Experts Podcast. "And then you’ve got tollbooths, the companies that provide databases and tools that are bot-callable for AI to actually use in their workflow. These are not replaceable because the AI actually needs them." The concern that AI could replace knowledge workers affects road builder companies directly, Bowman argued. However, tollbooth companies benefit regardless of whether humans or AI agents are the end users. "The road builders, I think are gonna get killed," he said. "I don’t know how they recover if the AI narrative is correct and AI tools will replace a lot of knowledge workers. Of course, if that’s wrong, then Salesforce is at the greatest sale of a century." Beyond the companies mentioned by Bowman, a large number of software companies have come under scrutiny in recent weeks, amid what's become known as the "SaaSpocalypse," a recent selloff in Software-as-a-Service and technology stocks driven by fears that artificial intelligence will disrupt traditional software business models. Here are some other tickers that have been discussed in this framework recently by Seeking Alpha analysts: ( SNOW )( DDOG )( SHOP )( HUBS )( FRSH )( WDAY )( INTU )( LZ )( CRWD )( NET )( FTNT )( NOW )( ADSK ). For more Seeking Alpha podcasts, click here . More on Adobe, Salesforce, etc. Salesfo...
Key PointsThe trial was designed to demonstrate a statistically significant reduction in Stage III and Stage IV disease, but the primary endpoint wasn't met.
Key PointsThe trial was designed to demonstrate a statistically significant reduction in Stage III and Stage IV disease, but the primary endpoint wasn't met.
A Securities and Exchange Commission probe involving mobile advertising technology company AppLovin Corp. is “still active and ongoing,” the regulator said Friday. The regulator declined to share correspondence between staffers referencing AppLovin because it might “cause harm to the ongoing and active enforcement investigation,” the agency said in a letter to Bloomberg News. Individuals and entit...
A Securities and Exchange Commission probe involving mobile advertising technology company AppLovin Corp. is “still active and ongoing,” the regulator said Friday. The regulator declined to share correspondence between staffers referencing AppLovin because it might “cause harm to the ongoing and active enforcement investigation,” the agency said in a letter to Bloomberg News. Individuals and entities of interest to the investigation could “fabricate evidence, influence witness testimony and/or destroy or alter certain documents.” The correspondence might also reveal cooperating witnesses, the SEC said. Shares of AppLovin pared their gains Friday on the news. The stock was up 3.7% to $427.25 as of 2:13 p.m. in New York. Bloomberg reported in October that the SEC was probing AppLovin’s data-collection practices, including whether the company violated platform partners’ service agreements to push more targeted advertising to consumers. The agency was responding to a whistleblower complaint as well as multiple short-seller reports. At the time of the October report, AppLovin said it regularly engages with regulators and discloses any material developments through appropriate public channels. The latest remarks followed a Bloomberg request for SEC documents related to AppLovin. The agency declined to release any records. When Bloomberg appealed the SEC’s decision, the regulator stated that an “investigation involving AppLovin is still active and ongoing” and the release of any records could interfere with the enforcement proceedings. The SEC didn’t specify the subject or scope of the investigation in its response. SEC probes don’t always result in enforcement actions, but can lead to fines for companies or executives. The regulator hasn’t accused AppLovin or its officials of wrongdoing. AppLovin, based in Palo Alto, California, declined to comment. Read More: AppLovin Probed by SEC Over Its Data-Collection Practices AppLovin, which helps mobile app developers find users ...