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Pfizer 2024 revenue, profit forecast disappoints

Shares of Pfizer fell Wednesday after the drugmaker forecast 2024 revenue and profit below Wall Street’s expectations, as it sees weak demand for its once-blockbuster Covid products.  Pfizer also raised the target of its sweeping cost-cutting plan by $500 million, bringing the anticipated total to $4 billion. The company expects …

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SpaceX value climbs to $180 billion, higher than Boeing, Verizon

SpaceX’s next-generation Starship spacecraft atop its powerful Super Heavy rocket is launched from the company’s Boca Chica launchpad on an uncrewed test flight, near Brownsville, Texas, on Nov. 18, 2023. Joe Skipper | Reuters The valuation of Elon Musk’s SpaceX hit $180 billion based on an ongoing secondary share sale, CNBC confirmed …

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Glenn Youngkin praises Trump on economy, downplays ‘dictator’ fears

Virginia Republican Gov. Glenn Youngkin on Wednesday said he would support Donald Trump if the former president is the party’s 2024 presidential nominee. He stopped short of endorsing Trump in the GOP primary, where Trump leads the field by more than 45 points. “Listen, he and I have different styles, …

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