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ITOS

iTeos Therapeutics, Inc. faces a decline despite promising results from its lead candidate, belrestotug, in lung cancer trials. The company has strong financial health with over half a billion dollars in liquid assets, but faces skepticism due to past failures in similar approaches.

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December 18, 2024 | 12:15 am

CRM

Salesforce has successfully closed over 1,000 paid deals for its AI-powered platform 'Agentforce', indicating strong market interest and potential future growth in AI-driven solutions.

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December 18, 2024 | 12:00 am

GOOGL

IBM

MSFT

Google's new quantum computing chip, Willow, with 105 qubits, strengthens its position in AI and quantum applications. Despite competition from IBM and Microsoft, Google's integration with AI gives it an edge. However, commercial viability is expected post-2035, and current market optimism may lead to volatility and pressure on margins.

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December 17, 2024 | 11:15 pm

CL

Colgate-Palmolive has experienced minimal revenue growth over the past decade, with a CAGR of 1.53%, not keeping pace with inflation. Despite a 61-year streak of increasing dividends, EPS growth has been stagnant, leading to a higher payout ratio. Increased digital advertising expenditures have shown higher ROI than traditional channels.

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December 17, 2024 | 11:00 pm

OIS

Oil States International, Inc. announced strategic updates during its Q3 2024 earnings call, including the sale of a facility, business unit optimization, exit from underperforming U.S. business lines, and investment in new technologies like Managed Pressure Drilling systems.

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December 17, 2024 | 10:45 pm

WMT

Walmart is piloting the use of body cameras for front-line employees in Texas to enhance worker safety and assess the outcomes.

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December 17, 2024 | 10:30 pm

ALK

Alaska Airlines has announced a new nonstop service between San Diego International Airport and Ronald Reagan Washington National Airport, becoming the only airline to offer this direct route. This service enhances connectivity to the nation's capital.

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December 17, 2024 | 10:30 pm

KSI

A global medical device manufacturer has signed a 3-year Master Services Agreement with Kneat to digitize and streamline its computer systems validation processes.

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December 17, 2024 | 10:30 pm

LNVGY

The U.S. International Trade Commission has found that Lenovo's Motorola Mobility smartphones infringe on Ericsson's patents. This decision could potentially lead to a ban on U.S. imports of these phones if upheld.

Portfolio Pulse from

December 17, 2024 | 10:30 pm