According to Piper Sandler, investors can have greater confidence in Meta Platform’s outlook. The firm’s analyst, Thomas Champion, raised his price target on Facebook’s parent company on Wednesday. Champion stated that the social media firm has been strengthening its Reels and building out its artificial intelligence (AI) strategy. He also noted that Meta continues to
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The UK economy showed growth in April despite the impact of strikes, according to official figures released by the Office for National Statistics (ONS). The ONS reported a growth of 0.2% in April, following a contraction of 0.3% in March. It also measured growth of 0.1% over the three months to April. The ONS director
Oppo has launched its latest mid-range smartphone, the Oppo Reno 9A, in Japan. This new handset is available in two colours – Moon White and Night Black – and boasts a glass build. The Oppo Reno 9A is powered by a Qualcomm Snapdragon 695 SoC and has a full HD+ screen with a 90Hz refresh
John Romita Sr, the iconic comic book artist known for co-creating popular characters like Mary Jane Watson, Wolverine and the Punisher, has passed away at the age of 93. His son and fellow comic book artist, John Romita Jr, announced the news on social media, stating that his father passed away peacefully in his sleep
The Adults, a film directed by Dustin Guy Defa, delves into the complexities of sibling relationships and the impact of trauma on individuals. The story follows three estranged siblings, Eric (played by Michael Cera), Maggie (Sophia Lillis), and Rachel (Hannah Gross), who reunite after their mother’s death. Eric, who has a gambling addiction, is only
David Ricks, the CEO of Eli Lilly, has expressed concerns over the potential harm that Medicare price negotiations could cause to drug development in the US. The negotiations are aimed at cutting costs for older Americans, but Ricks believes that they could have an unintended consequence of limiting investment in small-molecule drugs, which are considered
Illumina’s acquisition of Grail, a cancer-test developer, has been met with opposition from the Federal Trade Commission (FTC) due to concerns that it stifles competition. The deal, worth $7.1 billion, closed nearly two years ago. However, the FTC has ordered Illumina to undo the deal, prompting the San Diego-based DNA-sequencing company to appeal the ruling.
Buffalo Bills quarterback Josh Allen recently spoke about the absence of wide receiver Stefon Diggs during the team’s first mandatory minicamp practice on Tuesday. According to Allen, the issue behind Diggs’ absence is being worked on by the team internally. Diggs’ Absence and Teamwork Allen stated that he does not believe there is a personality
Disney has recently announced the delay of several entries in its popular Avatar, Marvel, and Star Wars franchises. The company has not provided any explanation for the rearrangement of the release dates. However, it is common for studios to adjust their schedules for various reasons. The delay in release dates may be related to the
Wall Street banks have warned that the weakness in China’s real estate sector could impede the economy for years to come, and could even have an impact on countries in the wider region. Goldman Sachs economists led by China economist Lisheng Wang said in a weekend note that they see persistent weaknesses in the property