Pfizer Inc. released its full-year 2025 financial guidance, projecting revenues between $61.0 billion and $64.0 billion, exceeding consensus estimates of $63.28 billion. The company expects revenue from COVID-19 products to remain consistent with 2024, excluding one-time Paxlovid revenue. Pfizer faces an estimated $1 billion net unfavorable revenue impact due to changes under the Inflation Reduction … Read more
The yield on the US 2-year Treasury note surged to its highest level in nearly three weeks, driven by strong services-sector data released on Monday. The yield on the 10-year and 30-year Treasuries also made significant gains, as long-term government debt experienced its worst week of the year. According to the S&P flash U.S. services … Read more
Astronomers have made a groundbreaking discovery, revealing a hot, low-density channel stretching from our solar system toward distant constellations. Using data from the eRosita instrument, researchers confirmed the presence of this plasma pathway, which appears to connect our neighborhood to star-forming regions. The Local Hot Bubble, a region estimated to be 300 light years across, … Read more
Brazil’s currency, the real, has plummeted 21% against the dollar this year due to new fiscal concerns. The decline is causing financial strain on major companies in the country. With interest rates rising to 14.25%, borrowers are finding it difficult to service their debt and cover costs. This situation is making it challenging for these … Read more
Telecom giant AT&T is joining the trend of major companies reviving their in-office work policies. Starting in January, all office workers will be required to return to the office five days a week, according to Quartz. The company had previously implemented a hybrid schedule with three days of in-office work per week. AT&T’s spokesperson cited … Read more
The Pinellas County Commission has voted to approve funding for its portion of the Tampa Bay Rays’ new stadium deal. Commissioner Chris Latvala, who initially opposed the stadium deal, cited his trust in Major League Baseball Commissioner Rob Manfred as a reason for his change of heart. Latvala expressed hope that now that both the … Read more
Nintendo’s next console, rumored to be called the Switch 2, has been the subject of much speculation and leaks. According to recent images shared by Deck Wizard, the new console appears larger than its predecessor, measuring 273 x 118.5 mm. This increased size would suggest a more substantial design, with noticeable differences from previous models. … Read more
Game developer Feng Ji has spoken out about his disappointment after Black Myth: Wukong lost the Game of the Year award at last week’s Game Awards. However, instead of taking the loss graciously, Ji expressed a sense of “loss and regret” and frustration with the voting process. Despite not winning GOTY, Black Myth: Wukong took … Read more
Iron is an essential mineral for the body, but too much can accumulate in the brain, linked to cognitive issues. Researchers from the University of Kentucky found that certain nutrients may help lower iron buildup in the brain, potentially lowering a person’s risk for cognitive decline. The body mainly uses iron to create hemoglobin, which … Read more
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