45 new news items in the last 24 hours

6 August 19:38

Pfizer raised profit estimates for 2025 thanks to cost cuts, despite falling COVID product revenue and patent expirations.

Sanziana Georgescu

main event image

Economy

sursa foto: shutterstock.com

Pfizer has announced a revised profit estimate for 2025, underpinned by a cost-cutting program, amid falling COVID product revenues and patent expirations. Shares rose 3.7% after the company reported a better-than-expected quarterly profit. However, Pfizer remains cautious, maintaining annual sales forecasts of between $61 billion and $64 billion, due to pandemic uncertainties and political pressure to cut drug prices.

Sources

Pfizer își majorează estimarea de profit pentru 2025, pe fondul reducerilor masive de costuri și al presiunilor politice din partea lui Trump

Pfizer își ridică prognoza de profit pentru 2025, mizând pe reduceri agresive de costuri și negocieri

Pfizer îşi majorează estimarea de profit pentru 2025, pe fondul reducerilor masive de costuri şi al presiunilor politice din partea lui Trump

Pfizer îşi majorează estimarea de profit pentru 2025, pe fondul reducerilor masive de costuri şi al presiunilor politice din partea lui Trump

ȘTIRI PE ACELEAȘI SUBIECTE

Economy

BYD's revenues fell by 8% after the first quarterly profit decline in the last three years, despite robust external sales.

Economy

Oracle has recorded a 40% increase in bookings following the reporting of record requests for its cloud services, estimating revenues of 18 billion dollars for 2026.

Economy

Biofarm posted a net profit of 48.8 million lei in the first six months of 2025, with sales revenue of 162.9 million lei, up from 2024.

International

After a period of accelerated expansion due to unprecedented demand for processors intended for artificial intelligence, Nvidia announces a revenue forecast of approximately 54 billion dollars for the third quarter, slightly below investors' expectations.

Economy

The S&P 500 and Nasdaq have reached new records, while the Dow has decreased. Oracle and the technology sector have seen significant gains, boosting investor optimism.

Personalized news feed, AI-powered search, and notifications in a more interactive experience.

Pfizer profit estimates cost reduction

Personalized news feed, AI-powered search, and notifications in a more interactive experience.

app preview

google play badge