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☆ 'Oppenheimer' doesn't get Einstein's relationship with the Los Alamos director quite right. Here's what they really thought of each other.
▼ + stars: | 2023-07-28 | by ( Morgan Mcfall-Johnsen | Jenny Mcgrath | ) www.businessinsider.com time to read: +7 min

In reality, Einstein and J. Robert Oppenheimer knew each other but weren't friends until much later. The movie focuses on J. Robert Oppenheimer, who led the assembly and testing of the first-ever atomic bomb at Los Alamos in New Mexico. Einstein and Oppenheimer disagreed on a key issue: the governmentOppenheimer (right) standing with General Leslie Groves of the US army. Out of fear the Nazis would develop and use a nuclear weapon, Einstein wrote the letter that convinced President Franklin D. Roosevelt to launch an atom-bomb program. Einstein the outsider, Oppenheimer the disgraced insiderJ. Robert Oppenheimer in 1950.

Persons: Albert Einstein, Christopher Nolan, Oppenheimer, Einstein, J, Robert Oppenheimer, Nolan, Alex Wellerstein, Corbis, who'd, Edward Teller, Wellerstein, Arthur Compton, Leslie Groves, Einstein wasn't, wouldn't, Franklin D, Roosevelt, Lewis Strauss, Strauss Organizations: Service, Manhattan, Princeton, New York Times, Manhattan Project, University of Chicago, Times, Getty, Trinity, National Security Research, United Locations: Wall, Silicon, Los Alamos, New Mexico, Princeton, United States

☆ 'Oppenheimer' leaves out New Mexicans exposed to radiation from the Manhattan Project, despite local efforts to contact filmmakers
▼ + stars: | 2023-07-25 | by ( Morgan Mcfall-Johnsen | Jenny Mcgrath | ) www.businessinsider.com time to read: +10 min

The Manhattan Project displaced some New Mexicans and employed others at Los Alamos in the 1940s. Christopher Nolan's new film "Oppenheimer" leaves out these lasting, local impacts. The Manhattan Project displaced some New Mexicans, employed others, and irradiated potentially thousands. Her grandfather was the physicist Enrico Fermi, who worked on the Manhattan Project and is played by Danny Deferrari in the film. The Oppenheimer character briefly mentions people living in the area when he proposes it as the site for the Manhattan Project.

Persons: Christopher Nolan's, Oppenheimer, J, Robert Oppenheimer, Tina Cordova's, Cordova, Robert Alexander, me, Christopher Nolan, Wiktor, Getty Images Cordova, Olivia Fermi, Kai Bird, Fermi, Cordova's, Enrico Fermi, Danny Deferrari, It's, Los, Rosario Martinez Fiorillo, Nolan, Elizabeth, Alvin Graves, Elizabeth Graves, Alex Wellerstein, Geiger, Bob Bell, Matt McClain, Graves, Nobody, Leslie Groves, Wellerstein, Cillian Murphy Organizations: Manhattan Project, Service, New, New Mexico History, Pixar, Odeon Luxe, Anadolu Agency, Getty Images, Manhattan, Los Alamos Ranch, Trinity, San, El Rancho, Trinity Test, Stevens Institute of Technology, Washington, Getty, National Park Service, Los Alamos, Alamogordo, Base, Associated Press, Army, Pictures, NPS Locations: Los Alamos, Wall, Silicon, New Mexico, Tularosa, Trinity, Santa Fe, California, London, Vancouver, Alamogordo , New Mexico, San Ildefonso Pueblo, El, Carrizozo , New Mexico, Amarillo , Texas, Silver City , New Mexico, Cordova, Los

☆ Who was Lewis Strauss, the villain played by Robert Downey Jr. who tried to frame J. Robert Oppenheimer as a communist?
▼ + stars: | 2023-07-24 | by ( Sebastian Cahill | Hannah Getahun | ) www.businessinsider.com time to read: +6 min

Lewis Strauss oversaw J. Robert Oppenheimer as chairman of the Atomic Energy Commission. Strauss used Oppenheimer's communist sympathies to begin stripping his security clearances. However, Strauss was the first to take serious action about Oppenheimer's Communist accusations. The film reenacts another instance when Strauss feels Oppenheimer slighted him — as Oppenheimer and Albert Einstein, played by Tom Conti, speak by a pond after Strauss offers Oppenheimer a prestigious job at the Institute for Advanced Study. Strauss also began a separate security proceeding with the AEC over Oppenheimer's alleged Communist ties, which resulted in his security clearances being suspended.

Persons: Lewis Strauss, J, Robert Oppenheimer, Strauss, Nolan's, Oppenheimer, Robert Downey Jr, J.Robert Oppenheimer, Herbert Hoover, Cillian Murphy, Murphy, Harry Truman, Eisenhower, Jean Tatlock, Florence Pugh, —, Albert Einstein, Tom Conti, Einstein, Edgar Hoover, surveilling Oppenheimer, Oppenheimer's, Hoover, William Liscum Borden, Nolan, David Dastmalchian, Downey, Christopher Nolan, Amadeus, that's, Mozart, Salieri, Emily Blunt, Kitty Organizations: Atomic Energy Commission, Service, US Navy, AEC, —, Manhattan Project, Institute for, FBI, Joint Atomic Energy, Commerce, Democrats, Rotten, The New York Times Locations: Wall, Silicon, West Virginia, Nolan's, Soviet Union, Canada

☆ Oppenheimer went into a deep depression after reading about the effects of the atomic bomb on Japan and even publicly spoke out against using the bomb
▼ + stars: | 2023-07-21 | by ( Rebecca Cohen | ) www.businessinsider.com time to read: +3 min

J. Robert Oppenheimer "plunged into a deep depression" after he created the atomic bomb. Days later when the US dropped a second bomb on Nagasaki, things began to change for the physicist, The Post reported. Oppenheimer didn't think it was necessary or justified to drop the second bomb, according to the Post. "Mr. President, I feel I have blood on my hands," Oppenheimer told Truman, according to Bird's book, "American Prometheus," the Post reported. Oppenheimer then began to publicly denounce the use of his atomic bomb, much to the NSA's dismay, Bird said.

Persons: Robert Oppenheimer, Kai Bird, Harry Truman, Oppenheimer, Kai Bird —, Oppenheimer —, Truman, Mr, Bird, Biden, Energy Jennifer Granholm Organizations: Service, Manhattan, CBS, Washington Post, Post, Energy Locations: Wall, Silicon, Hiroshima, Nagasaki, Alamos

☆ 'Oppenheimer' fact v. fiction: A nuclear historian breaks down what the movie got right and wrong
▼ + stars: | 2023-07-21 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +18 min

J. Robert Oppenheimer was an immensely complex figure, and the movie's based on a biography of him. Fact: Oppenheimer mocked Strauss about isotopesJ. Robert Oppenheimer testifies before the Senate in October 1945. Fact: A big thunderstorm delayed the Trinity TestOppenheimer (Cillian Murphy) stands next to the test bomb in "Oppenheimer." If it weren't for the atomic bomb, Oppenheimer would likely be best known for bolstering theoretical physics at the University of California, Berkeley. Fiction: Oppenheimer consulted Einstein about Teller's calculations(L-R) Tom Conti as Albert Einstein and Cillian Murphy as J. Robert Oppenheimer in "Oppenheimer."

Persons: Christopher Nolan's, Oppenheimer, Robert Oppenheimer, J, Alex Wellerstein, Kai Bird, Martin Sherwin, Wellerstein, Niels Bohr wasn't, Patrick Blackett, Bird, Sherwin, Blackett, Niels Bohr, Ernest Rutherford, Bohr, Oppenheimer's, Cillian Murphy, Abraham Pais, Baudelaire, e.e, cummings, who's, Haakon Chevalier, Peter, Peter Oppenheimer, Kitty, Haakon, Barbara Chevalier, Robert, Perro, Werner Heisenberg, peppering Bohr, Heisenberg, Strauss, David Hill, Lewis Strauss, Dwight D, David Inglis, Inglis, I've, Arthur Compton, Trinity Test Oppenheimer, Jack Hubbard, Leslie Groves, Hubbard, Feynman, Richard Feynman, I'm, Groves, Robert Serber, David Bohm, Philip Morrison, Willis Lamb, Hitler, Hartland Snyder, Kip Thorne, John Wheeler, Roger Penrose, Penrose, Murphy, Trinity, there's, —, Karl T, Compton, Stimson, Henry Stimson, that's, Harry Truman, Wallenstein, Einstein, Tom Conti, Albert Einstein, Melinda Sue Gordon, Edward Teller, Hans Bethe, Enrico Fermi, Bethe, Roger Robb, He's, Teller, Stanislaw Ulam, Gordon Dean, Charlotte Serber, Charlotte Serber's, she's, Serber Organizations: Service, Manhattan Project's Los Alamos Laboratory, Stevens Institute of Technology, Cambridge, Eisenhower's, Federation of American Scientists, Time, Atomic Energy Committee, Trinity Test, Trinity, Los, University of California, Clovis, National Security Research, Manhattan Project . National Security Research, FBI Locations: Wall, Silicon, England, Leiden, Holland, New Mexico, Perro Caliente, Los Pinos , New Mexico, Germany, Nazi, Denmark, Sweden, Los Alamos, Europe, Berkeley, Poland, Amarillo , Texas, Japan, Kyoto, Alamos

☆ ‘Oppenheimer’ Review: Christopher Nolan’s Explosive Historical Epic
▼ + stars: | 2023-07-20 | by ( Kyle Smith | ) www.wsj.com time to read: 1 min

Cillian Murphy Photo: Universal Pictures“This isn’t a new weapon. It’s a new world,” someone remarks as J. Robert Oppenheimer develops the atomic bomb in “Oppenheimer,” a brainy and breathless exploration of the rise and fall of a physicist dubbed, not without reason, “the most important man who ever lived.” Like Prometheus, the mythic figure to whom he is compared here, Oppenheimer suffered for his works, bedeviled from within and without. So a story that is essentially about a scientist who spent his life writing equations becomes, in the expert hands of writer-director Christopher Nolan , a boiling cauldron of drama.

Persons: Cillian Murphy, Robert Oppenheimer, “ Oppenheimer, ”, Oppenheimer, Christopher Nolan Locations: “

☆ Who was J. Robert Oppenheimer? What you need to know before watching Christopher Nolan's biopic
▼ + stars: | 2023-07-20 | by ( Caolán Magee | ) edition.cnn.com time to read: +5 min

Director Christopher Nolan’s latest creation concerns an earlier existential threat, telling the story of the atomic bomb through the lens of its creator, J. Robert Oppenheimer – played by “Peaky Blinders” star Cillian Murphy. ullstein bild Dtl./ullstein bild/Getty ImagesWho was J. Robert Oppenheimer? Oppenheimer is widely considered the father of the atomic bomb. He quickly rose to prominence as an internationally renowned physicist, employed by the US government to create an atomic bomb to quell the threat of Nazi Germany. In the post-WWII era, as the world entered the Cold War, Oppenheimer was suspected by US intelligence of having ties with communists.

Persons: Oppenheimer ”, Christopher Nolan’s, J, Robert Oppenheimer –, “ Peaky, Cillian Murphy, Matt Damon, Emily Blunt, Florence Pugh, Robert Downey Jr, Kai Bird, Martin J, Sherwin’s Pulitzer, Robert Oppenheimer, ” Oppenheimer, Oppenheimer, Fotosearch, Adolf Hitler, Albert Einstein, Leo Szilard, Eugene Wigner, Jennifer Granholm, ” Organizations: CNN, Trinity, Los Alamos National Laboratory, United States Atomic Energy Commission, Manhattan, Institute for, Study, Committee, Atomic Energy Commission, US Department of Energy, ” Locations: New York, Nazi Germany, New Mexico, Alamogordo , New Mexico, Germany, Los Alamos , New Mexico, Hiroshima, Nagasaki, Princeton , New Jersey, Spanish

☆ ‘Oppenheimer’ Review: A Man for Our Time
▼ + stars: | 2023-07-19 | by ( Manohla Dargis | More About Manohla Dargis | ) www.nytimes.com time to read: +2 min

“Oppenheimer,” Christopher Nolan’s staggering film about J. Robert Oppenheimer, the man known as “the father of the atomic bomb,” condenses a titanic shift in consciousness into three haunted hours. The movie is based on “American Prometheus: The Triumph and Tragedy of J. Robert Oppenheimer,” the authoritative 2005 biography by Kai Bird and Martin J. Sherwin. The atomic bomb and what it wrought define Oppenheimer’s legacy and also shape this film. “Oppenheimer” is a great achievement in formal and conceptual terms, and fully absorbing, but Nolan’s filmmaking is, crucially, in service to the history that it relates. The story tracks Oppenheimer — played with feverish intensity by Cillian Murphy — across decades, starting in the 1920s with him as a young adult and continuing until his hair grays.

Persons: “ Oppenheimer, ” Christopher Nolan’s, Robert Oppenheimer, J, Kai Bird, Martin J, Sherwin ., Nolan, Oppenheimer, Oppenheimer —, Cillian Murphy —, Jean Tatlock, Florence Pugh, boozer, Kitty Harrison, Emily Blunt Organizations: Manhattan Engineer District, Manhattan Locations: Hiroshima, Nagasaki, Los Alamos, New Mexico, Pacific

☆ In ‘Barbie’ vs. ‘Oppenheimer,’ the Real Winner May Be the Box Office
▼ + stars: | 2023-07-18 | by ( Brooks Barnes | More About Brooks Barnes | ) www.nytimes.com time to read: +2 min

Fury of the Gods” and “Fast X.”The latest “Mission: Impossible” film arrived last weekend to solid results, but below what Hollywood had been expecting. “Oppenheimer” is based on the 2005 biography “American Prometheus” by Kai Bird and Martin J. Sherwin. “Both studios went all-in on original films, directed by notable auteurs with an interest in pushing the envelope,” said Paul Dergarabedian, a senior Comscore analyst. “Barbie” is aimed at women, while “Oppenheimer” has the edge with men. One represents what many cinephiles loathe about Hollywood: movies based on toys.

Persons: moviegoing, John Wick, Indiana Jones, ”, Mario, III, Barbie, “ Oppenheimer, Kai Bird, Martin J, Sherwin, Paul Dergarabedian, ” “ Barbie ”, — Margot Robbie, Ryan Gosling —, Cillian Murphy, “ Barbie ”, “ Oppenheimer ” Organizations: Hollywood, Mario Bros, “ Locations: United States, Canada

☆ Argenx drug boost is mixed blessing for suitors
▼ + stars: | 2023-07-17 | by ( ) www.reuters.com time to read: +2 min

LONDON, July 17 (Reuters Breakingviews) - Argenx (ARGX.BR) has long been a presumed takeover target for drugmakers like Pfizer (PFE.N). Many of its remedies like Vyvgart, which delivered positive drug trial results on Monday, are likely to reach their peak just as the big drugmakers’ revenues come under patent pressure. Still, the more successful Argenx becomes the more expensive it will be for a potential bidder. Since then the company’s shares have nearly doubled, including a 26% bump on Monday thanks to the positive trial results. Argenx’s drug trial success may give bidders comfort they are not buying a dud, but that reassurance comes with a downside.

Persons: Argenx, Prometheus, Aimee Donnellan, George Hay, Pranav Kiran Organizations: Reuters, Pfizer, Big Pharma, Twitter, Cathay, Thomson Locations: Belgian

☆ Christopher Nolan and the ‘Oppenheimer’ cast discuss the atomic bomb and its chilling echoes today: ‘Humanity can only deal with one apocalypse at a time’
▼ + stars: | 2023-07-17 | by ( Thomas Page David Daniel | Thomas Page | David Daniel | ) edition.cnn.com time to read: +8 min

It would have seemed inconceivable then, but the atomic bomb did fade out of mind. And it’s precisely at this moment that Christopher Nolan is asking audiences to look it soberly in the eye. As the name suggests, Nolan has taken on the life of J. Robert Oppenheimer, the scientific genius and conflicted godfather of the atomic bomb. Cillian Murphy as godfather of the atomic bomb J. Robert Oppenheimer in "Oppenheimer." But even if a war involving a nuclear power hadn’t erupted in Europe in 2022, Nolan believes “Oppenheimer” contains crossover anxieties.

Persons: CNN —, Dimitri, Stanley Kubrick’s, Strangelove, Christopher Nolan, ” Nolan, “ Oppenheimer, ”, Nolan, J, Robert Oppenheimer, Cillian Murphy, Oppenheimer, –, Robert Oppenheimer ”, Kai Bird, Martin Sherwin, “, “ We’re, ” Murphy, McCarthy, Kitty, Emily Blunt, Jean Tatlock, Florence Pugh, Chris, Matt Damon, Leslie Groves, Spielberg, Ryan, ’, Chris Nolan, Robert Downey Jr, Lewis Strauss, Damon, it’s, ” Cillian Murphy, Melinda Sue Gordon, Universal Pictures Nolan, Murphy, Universal Pictures Kubrick, There’s, ” Downey, Knight ”, there’s, ” “ Oppenheimer ” Organizations: CNN, Manhattan, U.S . Atomic Energy Commission, Universal Pictures, Los Alamos, Manhattan Project, Trinity Locations: Cambridge, Russia, Ukraine, New Mexico, Europe

☆ Exclusive: MoonLake Immunotherapeutics explores sale-sources
▼ + stars: | 2023-07-14 | by ( David Carnevali | ) www.reuters.com time to read: +2 min

July 14 (Reuters) - MoonLake Immunotherapeutics (MLTX.O), a developer of an antibody-derived treatment for inflammatory skin conditions, is exploring a sale, according to people familiar with the matter. Immunology-focused companies have been coveted acquisition targets, as highlighted by recent deals such as Merck & Co's (MRK.N) $10.8 billion acquisition of Prometheus BioSciences Inc and Eli Lilly's (LLY.N) $2.4 billion purchase of Dice Therapeutics (DICE.O). MoonLake is testing Sonelokimab for the treatment of other inflammatory conditions, including psoriatic arthritis and psoriasis. If successful, MoonLake would encroach on a market dominated by bigger peers such as Novartis AG (NOVN.S) and AbbVie Inc (ABBV.N). In 2022, MoonLake went public through a merger with a special purpose acquisition company, which helped it raise more than $200 million in cash.

Persons: drugmakers, Eli Lilly's, MoonLake, hidradenitis suppurativa, hidradenitis, Merck KGaA, David Carnevali, Josie Kao Organizations: Nasdaq, Merck, Co's, Prometheus BioSciences, Dice Therapeutics, Novartis AG, AbbVie Inc, Citigroup, Thomson Locations: Zug, Switzerland, New York

☆ Christopher Nolan returns with latest blockbuster 'Oppenheimer'
▼ + stars: | 2023-07-07 | by ( Alicia Powell | ) www.reuters.com time to read: +2 min

[1/2] 71st Cannes Film Festival - Screening of the new print of the film "2001: A Space Odyssey" presented as part of Cinema Classic - Red Carpet Arrivals - Cannes, France, May 13, 2018 - Director Christopher Nolan poses. REUTERS/Stephane Mahe/File PhotoNEW YORK, July 7 (Reuters) - Acclaimed film director Christopher Nolan turns his attention to J. Robert Oppenheimer for his new blockbuster movie, taking audiences back to when the American theoretical physicist oversaw the creation of the atomic bomb during World War II. He oversaw the first atomic bomb detonation in the New Mexico desert, code-named "Trinity", before the weapons were used in the bombings of Hiroshima and Nagasaki. Nolan is known for conceptual narratives and visual style in films like "Inception" "Tenet" and an instalment of the Batman film franchise. 'Oppenheimer' is kind of the amalgam of every Chris Nolan movie ever, all of which have been leading to a statement as kind of profound as this but it's still edge of your seat entertainment," Downey Jr. said.

Persons: Christopher Nolan, Stephane Mahe, J, Robert Oppenheimer, Kai Bird, Martin J, Sherwin, Oppenheimer, Matt Damon, Robert Downey Jr, Emily Blunt, Cillian Murphy, Nolan, Murphy, ” Oppenheimer, Franklin D, Roosevelt, Tenet, Chris Nolan, Downey, Alicia Powell, Rollo Ross, Raissa Organizations: Cannes, Reuters, Los, Los Alamos Laboratory, Manhattan Project, Thomson Locations: Cannes, France, American, Los Alamos, New Mexico, Hiroshima, Nagasaki

☆ Opinion | Why I Still Love the New York Mets
▼ + stars: | 2023-07-06 | by ( David Brooks | ) www.nytimes.com time to read: +1 min

Chip … chip … chip. I can feel the New York Mets chiseling out a piece of my soul every week. This is far from the first time the Mets have ripped out my vitals. In 2007, the team blew a seven-game divisional lead with 17 games to play. The Mets were in the middle of blowing another divisional lead, but needed only one win to make the playoffs.

Persons: Chip, Prometheus, Steve Cohen, Edwin Díaz Organizations: New York Mets, Mets, Washington Nationals

☆ California man convicted for smuggling Byzantine-era Hercules mosaic
▼ + stars: | 2023-07-01 | by ( Zoe Sottile | ) edition.cnn.com time to read: +2 min

CNN —A California man has been convicted for illegally importing an ancient floor mosaic, believed to have been made in modern-day Syria nearly two thousand years ago and valued at almost half a million dollars. The ancient artwork arrived at the port in Long Beach as part of a shipment from Turkey in August 2015. Alcharihi only paid about $12,000 for the antiquity, which an appraisal expert valued at $450,000, according to the US Attorney’s Office. The mosaic weighs a whopping 2,000 pounds and is about 15-feet long and 8-feet tall, according to the release. Alcharihi’s false declarations about the mosaic came just months after the United Nations Security Council passed a resolution condemning the destruction of cultural heritage in Syria.

Persons: Mohamad Yassin Alcharihi, Alcharihi, Prometheus Organizations: CNN, US, Office, United Nations Security, ISIS Locations: Syria, Long Beach, Turkey, Los Angeles

☆ Everyone Likes Reading. Why Are We So Afraid of It?
▼ + stars: | 2023-06-21 | by ( A.O. Scott | ) www.nytimes.com time to read: +3 min

Among Douglass’s most powerful and painful revelations is that, on the subject of reading, his master was right. Substitute “reading” for “freedom” in that last sentence and the meaning stays the same. Reading liberates and torments us, enlightens and bewilders us, makes and unmakes our social and solitary selves. The methods of reading instruction associated with Columbia University’s Teachers College were in full bloom there. The rooms were furnished with well-stocked, low-slung bookshelves and carpeted risers where young readers could curl up with “just-right books,” selections matched to their interests and levels of proficiency.

Persons: Frederick, ”, Hugh, Mandeville, Prometheus, “ Organizations: Reading, Columbia University’s Teachers College Locations: Brooklyn

☆ Analysis: Amgen's antitrust woes spur wider pharmaceutical deal fears
▼ + stars: | 2023-05-17 | by ( David Carnevali | ) www.reuters.com time to read: +4 min

Even shares of drug companies that do not have pending deals but are seen by analysts and investors as potential acquisition targets were hit. FTC officials did not respond to a request for comment on whether they planned to challenge any other pharmaceutical acquisitions. "We could see similar challenges to the Pfizer/Seagen deal" BMO analysts wrote in a note, arguing that the FTC could target other major drug companies with the resources to engage in bundling. UNDER THE RADARConversely, investors and analysts are hoping that smaller pharmaceutical acquisitions will continue to fly under the radar of regulators. Reporting by David Carnevali in New York; Editing by Greg Roumeliotis and Jamie FreedOur Standards: The Thomson Reuters Trust Principles.

☆ Merck revenue falls after dramatic drop in sales of Covid antiviral treatment
▼ + stars: | 2023-04-27 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +3 min

Merck on Thursday reported first-quarter revenue that fell 9% from the same period a year ago largely due to a steep drop in sales of its Covid antiviral treatment molnupiravir. Sales of molnupiravir plunged to $392 million during the period, down 88% from the $3.2 billion reported in the first quarter of 2022. Merck said the decrease is primarily the result of lower sales in the U.S., U.K., Japan and Australia. The company reported total revenue of $14.5 billion during the quarter, down nearly $1.5 billion from the same period a year ago. But Merck's pharmaceutical unit saw higher sales of the blockbuster antibody treatment Keytruda, which increased 20% to $5.8 billion during the quarter.

☆ Merck earnings better-than-expected on Keytruda, Gardasil strength
▼ + stars: | 2023-04-27 | by ( ) www.reuters.com time to read: +2 min

April 27 (Reuters) - Drugmaker Merck & Co on Thursday posted better-than-expected first-quarter results on the strength of its blockbuster cancer immunotherapy Keytruda and human papillomavirus (HPV) vaccine Gardasil. Sales of Keytruda rose 20% to $5.8 billion in the quarter, topping the average analyst forecast of $5.6 billion. Gardasil sales rose 35% to $2 billion, beating analyst estimates of $1.7 billion. It forecast 2023 sales of $57.7 billion to $58.9 billion, up from its previous forecast of $57.2 billion to $58.7 billion. The company reported nearly $21 billion in Keytruda sales last year.

☆ How to Tell Biotech’s Likely Winners From Losers
▼ + stars: | 2023-04-18 | by ( David Wainer | ) www.wsj.com time to read: 1 min

Photo: ARIANA DREHSLER for The Wall Street JournalJust a handful of biotech companies have approved products and growing sales. Merck ’s $10.8 billion acquisition of Prometheus Biosciences, which is developing a promising treatment for inflammatory bowel disease, is giving the entire biotech sector a lift. On Monday, the SPDR S&P Biotech ETF, which has underperformed other growth sectors this year, closed up 4.7%. For the year, the Biotech fund is down 1.4% versus the Nasdaq-100’s gain of 20%.

Wall Street closed lower on Friday after mixed economic data appeared to affirm another Fed interest rate hike in May, dampening investor enthusiasm after a series of big U.S. bank earnings launched the first-quarter reporting season. "Regional bank earnings will come in very slightly positive, while bigger banks will probably post surprisingly positive results." Other major U.S. banks including Goldman Sachs Group Inc (GS.N), Bank of America Corp (BAC.N) and Morgan Stanley (MS.N) will report through the week. ET, Dow e-minis were up 35 points, or 0.10%, S&P 500 e-minis were up 1.75 points, or 0.04%, and Nasdaq 100 e-minis were down 3.75 points, or 0.03%. Prometheus Biosciences Inc (RXDX.O) rallied 69.9% after Merck & Co (MRK.N) said it will buy the biotech company for about $10.8 billion.

☆ Stocks making the biggest moves midday: Alphabet, Charles Schwab, State Street, Moderna and more
▼ + stars: | 2023-04-17 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

State Street , M&T Bank – Shares of State Street dropped 11% after the company posted disappointing earnings and revenue. State Street posted earnings of $1.52 per share on revenue of $3.10 billion, while analysts called for per-share earnings of $1.64 and revenue of $3.12 billion, according to Refinitiv. Meanwhile, M&T Bank shares popped 5% higher after the bank reported beats on the top and bottom lines. Charles Schwab — Shares of Charles Schwab rose about 2.5% after the brokerage firm posted better-than-expected earnings on Monday. Schwab posted adjusted earnings of 93 cents per share, beating analysts' forecast of 90 cents per share, according to Refinitiv.

☆ Futures subdued as investors eye bank earnings, Fed cues
▼ + stars: | 2023-04-17 | by ( ) www.reuters.com time to read: +3 min

SummarySummary Companies Futures up: Dow 0.07%, S&P 0.10%, Nasdaq 0.01%April 17 (Reuters) - U.S. stock index futures were largely flat on Monday as investors awaited more bank earnings and views from Federal Reserve policymakers that could shape expectations around when the central bank will pause its monetary policy tightening. Wall Street ended lower on Friday as a barrage of mixed economic data appeared to affirm another Fed interest rate hike in May, dampening investor enthusiasm after a series of big U.S. bank earnings launched the first-quarter reporting season. U.S. central bank officials including New York Fed President John Williams and Cleveland Fed President Loretta Mester are scheduled to speak later this week. ET (1230 GMT) is expected to show business conditions in New York state improved in April after slumping in the previous month. ET, Dow e-minis were up 24 points, or 0.07%, S&P 500 e-minis were up 4.25 points, or 0.10%, and Nasdaq 100 e-minis were up 1 point, or 0.01%.

Wall Street closed lower on Friday after mixed economic data appeared to affirm another Fed rate hike in May, dampening investor enthusiasm after a series of big U.S. bank earnings launched the first-quarter reporting season. Other major U.S. banks including Goldman Sachs Group Inc (GS.N), Bank of America Corp (BAC.N) and Morgan Stanley (MS.N) will report through the week. "Regional bank earnings will come in very slightly positive, while bigger banks will probably post surprisingly positive results," said Sam Stovall, chief investment strategist at CFRA Research. Prometheus Biosciences Inc (RXDX.O) rallied 69.5% on Merck & Co's (MRK.N) plans to buy the biotech company for about $10.8 billion. The S&P index recorded nine new 52-week highs and one new low, while the Nasdaq recorded 29 new highs and 55 new lows.

☆ Stocks making the biggest moves premarket: Charles Schwab, Dell, Alphabet, HP Inc. & more
▼ + stars: | 2023-04-17 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

Charles Schwab — Shares of Charles Schwab gained 3% on better-than-expected earnings. The company posted a profit of 93 cents per share, beating a Refinitiv forecast of 90 cents per share. M&T Bank — The regional bank stock jumped 3% after the company posted its latest quarterly figures. Lumentum — The optical fiber manufacturer rose slightly after JPMorgan upgraded the stock to overweight from neutral. Ollie's Bargain Outlet — The discount retail rose 3% in premarket trading after JPMorgan upgraded the stock to neutral from overweight.

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