It’s all about the guidance

Shares of Abbott Laboratories fell Thursday after the diversified health-care company delivered a solid second quarter but left investors disappointed with forward guidance. Revenue in the three months ended June 30 rose 7.4% to $11.14 billion, outpacing the $11.07 billion consensus estimate, according to estimates compiled by LSEG. Organic sales , excluding Covid testing results,…

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Meta appoints generative AI VP to run Threads

Meta appointed Conner Hayes, Meta’s VP of Product for Generative AI, to become head of threads, copy Axis, So far, Instagram Head Adam Moseri has been in charge of threads. But the stage is exceeding a side product of Instagram, requiring additional leadership. Although only 2023 launched threads, its mobile daily active user (DAU) numbers….

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Khanna endorses Mamdani in NYC mayoral race

Rape. Khanna said during one Interview On Fox News’s “Fox and Friends” on Thursday that he would return to Mamdani, called him “very charismatic, relative person”. A day earlier at the Hill Nation Summit, Khanna said, “He spent a lot of time to talk about the cost of living in New York in this country,…

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