Latest News for Paradigm Biopharma Stock (OTC:PBIGF)

Paradigm Biopharmaceuticals Ltd is a biopharmaceutical company that engages in the research and development of therapeutic products for human use in Australia. The firm is engaged in drug repurposing, pentosan polysulphate sodium (PPS) for the lead clinical indication of bone marrow edema, Alphavirus - Ross River virus (RRV) and Chikungunya virus (CHIKV), Mucopolysaccharidosis, and allergic respiratory conditions, including allergic rhinitis (AR) and chronic obstructive pulmonary disease (COPD).

PARADIGM BIOPHARMACEUTICL by Paradigm Biopharmaceuticals Ltd.

Paradigm Biopharmaceuticals Ltd

Chevron (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVX#NYSE">CVX</a>) reported quarterly earnings of $2.93 per share which beat the analyst consensus estimate of $2.87 by 2.09 percent. This is a 17.46 percent decrease over earnings of $3.55 per share from the same period last year. The company reported quarterly sales of $48.716 billion which missed the analyst consensus estimate of $50.661 billion by 3.84 percent. This is a 4.09 percent decrease over sales of $50.793 billion the same period last year.

Earnings

Earnings Beats

Earnings Misses

News

Chevron Q1 2024 Adj EPS $2.93 Beats $2.87 Estimate, Sales $48.716B Miss $50.661B Estimate

Guidance

AVTR

Avantor Reiterated FY24 Revenue of $6.85B-$7.06B Vs $6.96B Est, Adj EPS of $0.96-$1.04 Vs $1.01 Est

Carter's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRI#NYSE">CRI</a>) reported quarterly earnings of $1.04 per share which beat the analyst consensus estimate of $0.77 by 35.06 percent. This is a 6.12 percent increase over earnings of $0.98 per share from the same period last year. The company reported quarterly sales of $661.492 million which beat the analyst consensus estimate of $640.499 million by 3.28 percent. This is a 4.94 percent decrease over sales of $695.880 million the same period last year.

Carter's Q1 2024 Adj EPS $1.04 Beats $0.77 Estimate, Sales $661.492M Beat $640.499M Estimate

Melco Resorts &amp; Entertainment has published its sixth sustainability strategy for the year 2023 &lsquo;RISE to go Above &amp; Beyond&#39;. Continuing to adhere to four key material topics that underline Melco&#39;s commitment to sustainability, including &quot;Restoring our World&quot;, &quot;Inspiring our Communities&quot;, &quot;Sustaining our Supply Chain&quot; and &quot;Empowering our Business&quot;, the strategy drives performance and sustainability initiatives to help the Company reach its ambitious goals.

Melco Resorts & Entertainment Limited - American Depositary Shares

MLCO

Melco Resorts & Entertainment Says It Generated Over $1.1M For SME Businesses In Macau Through 13 Heart Of House Roadshows With 257 Participating SMEs

Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) CEO Satya Nadella is set to visit Southeast Asia next week. The agenda for his visit includes discussions on artificial intelligence (AI) with government officials and developers.
What Happened: Nadella&#8217;s visit to Indonesia, Thailand, and Malaysia will focus on Microsoft&#8217;s AI-related plans in the region, <a href="https://www.wsj.com/tech/ai/microsoft-ceo-to-visit-southeast-asia-with-ai-on-agenda-8e7a67f4">reported</a> The Wall Street Journal on Thursday. 
The trip is scheduled to take place after a recent visit by Apple Inc CEO Tim Cook, who expressed interest in investing in manufacturing in Indonesia.
Microsoft has a long-standing relationship with Southeast Asia, a region experiencing a surge in demand for data centers and advanced technologies to drive online commerce, digital transactions, and disruptive tech startups. 
The company&#8217;s Azure cloud-computing unit, which competes with Amazon, Google, and Alibaba in the region, opened its first Southeast Asia data center in Singapore in 2010.
Analysts anticipate substantial regional demand for AI-powered technology, which has already contributed to Microsoft&#8217;s bottom line through its partnership with OpenAI, the company behind ChatGPT. Microsoft has invested around $13 billion in OpenAI to secure a 49% stake in the startup&#8217;s for-profit arm, positioning itself as a major player in the AI race.
See Also: <a href="https://www.benzinga.com/markets/equities/24/04/38374423/elon-musk-reacts-as-ark-invest-analyst-says-its-going-to-be-very-hard-for-tesla-rivals-to-catch-?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk Reacts As ARK Invest Analyst Says &#8216;It&#8217;s Going To Be Very Hard&#8217; For Tesla Rivals &#8216;To Catch Up To Them&#8217; In Pricing: &#8216;Accurate&#8217;</a>
Azure drives Microsoft&#8217;s AI strategy and a series of AI software assistants called Copilot, powered by the same technology behind ChatGPT. 
The company&#8217;s enthusiasm for AI has continued to drive demand for its software and cloud services, with the Azure business growing 31% from a year earlier in the January-March quarter.
Why It Matters: Nadella&#8217;s visit to Southeast Asia comes on the heels of a <a href="https://www.benzinga.com/news/24/04/38450786/satya-nadella-says-azure-search-also-used-by-chatgpt-is-one-of-the-fastest-growing-services-for-micr">strong demand for Azure</a>, particularly in the field of artificial intelligence (AI). During the third-quarter earnings call, Nadella highlighted Azure as a go-to platform for AI projects, which has significantly contributed to acquiring new customers.
Microsoft&#8217;s <a href="https://www.benzinga.com/news/earnings/24/04/38444199/microsoft-q3-earnings-revenue-beat-eps-beat-new-era-of-ai-transformation-and-more">third-quarter revenue increased</a> 17% year-over-year to $61.9 billion, which beat the consensus estimate of $60.804 billion, according to <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>. The tech giant reported quarterly earnings of $2.94 per share, which beat analyst estimates of $2.82 per share. Microsoft has now beat analyst estimates on both the top and bottom lines in five consecutive quarters, according to earnings data from Benzinga Pro.
On the same day, Nadella announced the company's <a href="https://www.benzinga.com/general/gaming/24/04/38451061/microsoft-ceo-satya-nadella-highlights-record-breaking-gaming-performance-expansion-to-nintendo-sw">record-breaking gaming performance</a> and its expansion to Nintendo Switch and Sony PlayStation. The CEO also highlighted the successful addition of Diablo 4, the first Activision Blizzard title to the Game Pass service. Subscribers played over 10 million hours within the first 10 days, making it one of Microsoft&#8217;s biggest first-party Game Pass launches ever.
Read Next: <a href="https://www.benzinga.com/news/earnings/24/04/38390883/tesla-q1-earnings-highlights-ev-giant-misses-wall-street-estimates-makes-cost-cuts-invests-in-ai-sp?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Tesla Q1 Earnings Highlights: EV Giant Misses Wall Street Estimates, Makes Cost Cuts, Invests In AI, Speeds Launch Of New Models</a>
Microsoft CEO Satya Nadella. Photo by WEF on Flickr
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Equities

Global

Markets

MSFT

After Tim Cook, Microsoft's Satya Nadella Plans Southeast Asia Tour, Targets AI Discussions

Large Cap

Health Care

General

Centene Expects 2024 Revenue Guidance Of $147.5B-$150.5B Versus Consensus Of $146.14B, Including Premium And Service Revenues Of $135.5B-$138.5B Versus Prior Guidance Of $134.5B-$137.5B

Bernstein analyst Mark Shmulik maintains Alphabet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) with a Market Perform and raises the price target from $165 to $180.

Price Target

Analyst Ratings

GOOG

GOOGL

Bernstein Maintains Market Perform on Alphabet, Raises Price Target to $180

Centene Revises Its 2024 Adjusted EPS Guidance Floor Of Greater Than $6.80 Versus Prior Guidance Of Greater Than $6.70 Versus Consensus Of $6.78

Stifel analyst Stanley Elliott downgrades Caterpillar (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAT#NYSE">CAT</a>) from Buy to Hold and raises the price target from $293 to $350.

Downgrades

Stifel Downgrades Caterpillar to Hold, Raises Price Target to $350

&quot;Our goal is to make Elasticsearch and Apache Lucene the best vector database and Elasticsearch the best retrieval platform for semantic search, RAG, and generative AI use cases,&quot; said&nbsp;Shay Banon, founder and chief technology officer at Elastic. &quot;Elastic&#39;s contributions bring multifold performance gains in speed, scale, and efficiency, ensuring the Elasticsearch-Lucene integration continues to be a versatile vector database and search experience loved by developers and trusted by enterprises the world over.&quot;

ESTC

Elastic N.V. Says New Vector Database Performance Gains With Elasticsearch And Apache Lucene, With Up To 8X Speed And 32X Efficiency

Telsey Advisory Group analyst Dana Telsey maintains Steven Madden (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHOO#NASDAQ">SHOO</a>) with a Market Perform and maintains $44 price target.

SHOO

Telsey Advisory Group Maintains Market Perform on Steven Madden, Maintains $44 Price Target

Autoliv Reiterates FY24 View: Projects Around 5% Organic Sales Growth In FY24 With Around 10.5% Adjusted Operating Margin And Around $1.2B Operating Cash Flow

Stifel analyst Rick Wise upgrades LeMaitre Vascular (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LMAT#NASDAQ">LMAT</a>) from Hold to Buy and raises the price target from $59 to $75.

Upgrades

LMAT

Stifel Upgrades LeMaitre Vascular to Buy, Raises Price Target to $75

Telsey Advisory Group analyst Joseph Feldman maintains Arhaus (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARHS#NASDAQ">ARHS</a>) with a Outperform and maintains $17 price target.

ARHS

Telsey Advisory Group Maintains Outperform on Arhaus, Maintains $17 Price Target

Centene Reports Q1 Health Benefits Ratio Of 87.1%, With Membership Of 28,422,800

The companies will work together to develop solutions that further empower ELC&#39;s more than 20 prestige beauty brands as they create closer consumer connections and increase speed to market with local relevancy.

Estée Lauder, Microsoft Report Creation Of An AI Innovation Lab As An Expansion Of Their Global Strategic Relationship

In a recent meeting in Beijing, U.S. Secretary of State Antony Blinken voiced concerns over China&#8217;s support for Russia&#8217;s military, potentially straining the ongoing efforts to mend relations between the two countries.
What Happened: Blinken, during a five-and-a-half-hour discussion with China&#8217;s top diplomat Wang Yi, highlighted the issue of China&#8217;s backing of Russia&#8217;s military, among other contentious topics, reported Reuters.
&#8220;The Secretary discussed concerns about PRC support to the Russian defense industrial base,&#8221; said U.S. State Department spokesperson Matthew Miller, referring to the People&#8217;s Republic of China (PRC).
Despite its &#8220;no limits&#8221; partnership with Moscow, China has refrained from providing arms for Russia&#8217;s war in Ukraine. However, U.S. officials caution that Chinese companies are aiding the weapons industry, potentially jeopardizing the broader bilateral relationship.
Highlighting the escalating tensions, shortly before Blinken&#8217;s arrival in China on Wednesday, U.S. President Joe Biden signed a bipartisan bill. The bill allocated $8 billion to counter China&#8217;s military capabilities, substantial defense aid for Taiwan, and $61 billion for Ukraine. 
Wang emphasized that the U.S. must not infringe upon &#8220;red lines&#8221; concerning sovereignty, security, and developmental interests, hinting at Taiwan and the disputed South China Sea.
Blinken is anticipated to have a brief meeting with China&#8217;s President Xi Jinping. Before Friday&#8217;s discussions, U.S. Treasury Secretary Janet Yellen indicated that the Biden administration was keeping all options open in response to China&#8217;s surplus industrial capacity.
See Also: <a href="https://www.benzinga.com/news/24/04/38422645/trumps-niece-says-ex-president-could-see-potential-imprisonment-as-opportunity-donald-is-facing-real?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Trump&#8217;s Niece Says Ex-President Could See Potential Imprisonment As Opportunity: &#8216;Donald Is Facing Real-Time Consequences For His Transgressions&#8217;</a>
Why It Matters: The U.S. has been increasingly vocal about China&#8217;s role in Russia&#8217;s military activities. Earlier this month, Blinken <a href="https://www.benzinga.com/markets/asia/24/04/38380008/us-mulls-sanctions-on-beijing-banks-for-alleged-role-in-putins-war-in-ukraine-china-cant-have-it-bot">suggested imposing sanctions on Chinese banks</a> for their alleged support of Russia&#8217;s war in Ukraine. This move was seen as a clear indication of the U.S.&#8217;s growing concerns over China&#8217;s involvement in the conflict.
Meanwhile, the European Union has also been critical of China&#8217;s support for Russia. The EU&#8217;s top diplomat in Asia, Niclas Kvarnstrom, recently <a href="https://www.benzinga.com/news/24/04/38373137/eus-top-diplomat-in-asia-warns-china-over-russia-ties-trade-imbalance-we-have-to-stand-up-for-oursel">warned Beijing</a> that its continued support for Russia is a major obstacle to improved relations between the EU and China.
Read Next: <a href="https://www.benzinga.com/news/24/04/38357333/elon-musk-reacts-to-tucker-carlson-saying-theres-ton-of-evidence-that-aliens-live-among-us-with-6000?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk Reacts To Tucker Carlson Saying There&#8217;s &#8216;Ton Of Evidence&#8217; That Aliens Live Among Us: &#8216;With 6000 Satellites Orbiting Earth, I Think I Would Know&#8217;</a>
Image Via Shutterstock 
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 Engineered by 
 Benzinga Neuro, Edited by 
 
 <a href="None" target="_blank" rel="noopener" style="color: #225aa9;text-decoration: none"> 
 Kaustubh Bagalkote</a> 
 
 
<hr style="border: 0;height: 1px;background: #225aa9" />

 The GPT-4-based Benzinga Neuro content generation system exploits the 
 extensive Benzinga Ecosystem, including native data, APIs, and more to 
 create comprehensive and timely stories for you. 
 <a href="https://www.benzinga.com/topic/kaustubh-bagalkote" target="_blank" rel="noopener" style="color: #225aa9;text-decoration: none">Learn more.</a>
 
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Politics

Antony Blinken Raises Alarm Over Xi Jinping's Support For Russia During US-China Talks

Ball (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BALL#NYSE">BALL</a>) reported quarterly earnings of $0.68 per share which beat the analyst consensus estimate of $0.56 by 21.43 percent. This is a 1.45 percent decrease over earnings of $0.69 per share from the same period last year. The company reported quarterly sales of $2.87 billion which missed the analyst consensus estimate of $3.24 billion by 11.30 percent. This is a 17.63 percent decrease over sales of $3.49 billion the same period last year.

BALL

Ball Q1 Adj $0.68 Beats $0.56 Estimate, Sales $2.87B Miss $3.24B Estimate

Telsey Advisory Group analyst Dana Telsey maintains Olaplex Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OLPX#NASDAQ">OLPX</a>) with a Market Perform and maintains $2 price target.

OLPX

Telsey Advisory Group Maintains Market Perform on Olaplex Hldgs, Maintains $2 Price Target

Aon (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AON#NYSE">AON</a>) reported quarterly Adj earnings of $5.66 per share which missed the analyst consensus estimate of $5.91 by 4.23 percent. The company reported quarterly sales of $4.070 billion which missed the analyst consensus estimate of $4.126 billion by 1.36 percent. This is a 5.14 percent increase over sales of $3.871 billion the same period last year.

Aon Q1 2024 Adj EPS $5.66 Misses $5.91 Estimate, Sales $4.070B Miss $4.126B Estimate

Paradigm Biopharmaceuticals Ltd. (AU:PAR) has released an update. Paradigm Biopharmaceuticals Ltd. has announced the cancellation of a total of 250...

Paradigm Bio Cancels Shares in Buy-Back Scheme

Paradigm Biopharmaceuticals Ltd. (AU:PAR) has released an update. Paradigm Biopharmaceuticals Ltd. has made significant strides by submitting a com...

Paradigm Submits Phase 3 OA Program to FDA

Paradigm Biopharmaceuticals Ltd. (AU:PAR) has released an update. Paradigm Biopharmaceuticals Ltd. has announced the cancellation of a total of 581...

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Latest News for Paradigm Biopharma Stock (OTC:PBIGF)

Tuesday, February 04, 2020

Tuesday, January 28, 2020

Wednesday, December 11, 2019

Friday, July 26, 2019