Larry Ellison, co-founder and executive chairman of Oracle Corp., speaks during the Oracle OpenWorld conference in San Francisco on Oct. 22, 2018.David Paul Morris | Bloomberg | Getty ImagesOracle unveiled a brand new electronic health record on Tuesday, its most significant health-care product update since acquiring the medical records giant Cerner for $28 billion in 2022. An electronic health record, or an EHR, is a digital version of a patient’s medical history that’s updated by doctors and nurses over time. EHR software can be complex and cumbersome for clinicians to use, but it’s become an integral component of the modern U.S.…
Author: usaeverydaylife
NEW YORK — Dave Roberts stood atop a makeshift stage at Dodger Stadium eight days ago and gazed out at thousands celebrating all around the ballpark. He had screamed himself hoarse after winning the National League pennant, but the manager of the Los Angeles Dodgers wanted one last pop from the crowd.“Hey! You guys want a parade in Los Angeles?” Roberts asked. “Four more wins!”After a 4-2 victory on Monday over the New York Yankees in Game 3 of the World Series, the Dodgers are on the doorstep of a championship, one far different than the title marred by COVID-19…
Andrew Ross Sorkin speaks with BlackRock CEO Larry Fink during the New York Times DealBook Summit in the Appel Room at the Jazz at Lincoln Center in New York City on Nov. 30, 2022.Michael M. Santiago | Getty ImagesThe U.S. Federal Reserve won’t cut interest rates as much as markets expect because “embedded inflation” is too high, Blackrock CEO Larry Fink said Tuesday, speaking at a CEO-studded panel in Riyadh, Saudi Arabia.Fink, whose mammoth fund oversees over $10 trillion in assets, sees one rate reduction before the end of this year, compared to the two trims that other market participants…
Microsoft will release quarterly results after Wednesday’s closing bell, and with it comes a new reporting structure the company hopes will provide more visibility into its big cloud computing business. Announced in August , and reported this way for the first time this week, Microsoft decided to change which revenue streams fall under its three main reporting segments. The shift, which most impacts the company’s Azure cloud unit, comes as Wall Street watches each quarter for signs that all the company’s artificial intelligence investments are paying off. The two other major clouds — Amazon Web Services (AWS) and Alphabet ‘s…
Jefferies sees a clear outlook for shares of RxSight . Analyst Young Li initiated coverage of the maker of ocular implants to resolve vision issues with a buy rating, citing its “unique” technology. He also placed a $72 price target on the stocks, reflecting 43% upside from Monday’s close. “RXST makes the first and only post surgery adjustable intraocular lens to resolve cataracts. The differentiated and best in class tech enables premium [advanced technology intraocular lens] [total addressable expansion], and share taking, from 10% U.S. share to 50%+ U.S. [long term],” the analyst wrote. RXST YTD mountain Shares in 2024…
Steve Bannon, former top adviser to Donald Trump, speaks with the media as he arrives to report to prison at the U.S. federal correctional institution in Danbury, Connecticut, U.S., July 1, 2024. Eduardo Munoz | ReutersWASHINGTON — The last time Steve Bannon was a free man, Joe Biden was the presumptive Democratic nominee for president.Bannon, the right-wing podcast host and former Donald Trump campaign official, was released from federal Bureau of Prisons custody on Tuesday, with exactly one week to go until voters choose between his former boss and Vice President Kamala Harris on Election Day.Randilee Giamusso, a Bureau of Prisons…
Vice President Kamala Harris will make her closing argument to voters Tuesday evening at a Washington rally that is expected to draw as many as 20,000 supporters to the National Mall. Harris will speak on the Ellipse lawn, framed by a view of the White House, where she hopes to live next. The Ellipse is also where her Republican opponent, Donald Trump, spoke at a now infamous Stop the Steal rally on Jan. 6, 2021, before a crowd that would later attack the Capitol.Harris will draw contrasts between herself and Trump, and encourage voters to turn the page on the…
Britain’s Prime Minister Keir Starmer meets with Britain’s Chancellor of the Exchequer Rachel Reeves, two days before the announcement on the first budget of the new Labour government, at Downing Street, in London, on October 28, 2024.Hollie Adams | Afp | Getty ImagesBritain’s Labour government appears poised to raise “sin taxes” in its highly anticipated October budget as it seeks to cash-in on lucrative industries to bolster Treasury revenues.U.K. Finance Minister Rachel Reeves is scheduled to deliver the government’s budget on Wednesday afternoon, bringing an end to months of speculation about how hard Labour’s measures will hit “working people” and…
A PayPal sign is seen at its headquarters in San Jose, California, Jan. 30, 2024.Justin Sullivan | Getty Images News | Getty ImagesPayPal reported better-than-expected third-quarter earnings on Tuesday, but revenue came in a bit light of expectations. Here’s how the company did compared to Wall Street estimates, based on a survey of analysts by LSEG:Earnings per share: $1.20, adjusted vs. $1.07 expectedRevenue: $7.85 billion vs. $7.89 billion expectedRevenue increased about 6% in the quarter from $7.42 billion in the same period a year ago. PayPal reported net income of $1.01 billion, or 99 cents per share, compared to $1.02 billion, or…
Kena Betancur | Corbis News | Getty ImagesPfizer on Tuesday reported third-quarter revenue and adjusted profit that blew past expectations as the company’s Covid vaccine and antiviral pill Paxlovid helped boost sales.The pharmaceutical giant also hiked its full-year outlook and now expects to book adjusted earnings per share of $2.75 to $2.95, up from its previous guidance of 2.45 to $2.65 per share. Pfizer now expects revenue in a range of $61 billion to $64 billion, up from a previous revenue forecast of between $59.5 billion to $62.5 billion. That includes roughly $5 billion in expected revenue from its Covid vaccine and…
