- Investor's Business Daily
Dow Jones Futures Rise As Microsoft, Google Jump; New Market Rally Still Must Do This
Microsoft and Google jumped on earnings late after the market rally attempt showed resilience Thursday amid Meta's sell-off.
- Reuters
Exclusive-UAE planning second nuclear power plant, sources say
The United Arab Emirates will tender shortly for the construction of a new nuclear power plant that would double the number of the small Gulf state's nuclear reactors, three sources familiar with the matter said. The UAE, a U.S. security partner, became the first Arab state to operate a nuclear power plant when in 2021 it opened in the South Korean-built Barakah facility in Abu Dhabi. The UAE plans to seek bids this year, potentially within the next few months, to build four new reactors, the sources with direct knowledge of the matter said, requesting anonymity to discuss details that are still private.
- Reuters
AbbVie raises annual profit forecast on strong Skyrizi sales
AbbVie raised its annual profit forecast on Friday after strong sales of its immunology drug Skyrizi and cancer drug Imbruvica helped the company beat Wall Street estimates for the first quarter. The company now expects adjusted profit of between $11.13 and $11.33 per share for this year, compared with $10.97 to $11.17 estimated earlier. Analysts on average expect annual profit of $11.10 per share, according to LSEG data.
