The energy giant is buying Pioneer Natural Resources in an all-stock deal valued at $59.5 billion.BP profits are cut in half to $2.6 billion as oil and natural gas prices fallThe electrical equipment maker beat analysts’ fiscal second-quarter earnings and revenue forecasts.
The consumer electronics maker reported strong fiscal second-quarter revenue.The drug developer gave investors an encouraging update on a study using the weight-loss drug Ozempic to treat kidney failure.The kidney dialysis provider slumped amid worries about competition from a potential kidney-failure drug from Novo Nordisk.The alternative energy company gave investors an encouraging business and operations update.
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