Summary: Pfizer Inc. receives FDA approval for the supplemental BLA for ADCETRIS in combination therapy for the treatment of relapsed or refractory large B-cell lymphoma, showing significant improvement in overall survival based on Phase 3 study. The therapy provides a new option for patients who have failed two prior lines of therapy.
Full articleSummary: Broadcom Inc. (AVGO) is a key player in the semiconductor and software industry known for its consistent revenue growth, strong position in developing various chips, and attractive dividend policy. The company has shown solid financial performance with high revenues and profitability, alongside an expansion strategy through acquisitions. Broadcom faces challenges from regulations, global competition, and the need for continued innovation in the semiconductor industry.
Full articleSummary: Appier, the AI-powered SaaS leader in AdTech and MarTech, has announced an acquisition agreement with AdCreative.ai, a Paris-based innovator in Generative AI-driven creative creation and optimization, for a total of 38.7 million USD, to accelerate Appier's Generative AI product portfolio and reshape the future of digital advertising and marketing.
Full articleSummary: Insider Monkey compiled a list of the 10 Large-Cap Stocks Insiders Are Selling Recently. Broadcom Inc. (NASDAQ:AVGO) is one of the large-cap stocks mentioned. Insider moves can provide valuable insights into a company's potential and performance, but should be analyzed in conjunction with other factors before making investment decisions.
Full articleSummary: Pfizer's ADCETRIS regimen receives FDA approval for adult patients with relapsed or refractory large B-cell lymphoma, demonstrating a 37% reduction in the risk of death. This marks the eighth FDA-approved indication for ADCETRIS, positioning it as a standard of care for certain lymphomas.
Full articleSummary: Pfizer Inc. announced that the FDA has approved ADCETRIS in combination with lenalidomide and rituximab for the treatment of adult patients with relapsed or refractory large B-cell lymphoma after two or more lines of therapy. The approval is based on positive efficacy and safety data from the Phase 3 ECHELON-3 study.
Full articleSummary: Broadcom Inc. is experiencing remarkable growth in the AI infrastructure market, with a 51% year-over-year revenue increase in fiscal Q4 2024 and anticipated revenue of $14.6 billion in early 2025. Partnerships with tech giants like Google, Meta, and ByteDance underscore Broadcom's influence, with potential market reach to $90 billion by 2027. Analysts foresee heightened demand for Broadcom's ASICs as AI technology expands.
Full articleSummary: Several Broadcom Inc. insiders have been selling their stock over the past year, with the latest sale by Hock Tan being the biggest insider sale in the last year. Insiders did not buy any shares over the same period. Despite high insider ownership, the selling activity leaves room for caution for shareholders.
Full articleSummary: Broadcom, Charter Communications, and Comcast have announced a joint development of Unified DOCSIS chipsets enabling 25 Gbps speeds over existing networks, incorporating AI/ML capabilities, improving performance, reliability, and creating economies of scale.
Full articleSummary: Broadcom Inc. (AVGO) recently posted third quarter earnings that beat market expectations, but weaker-than-expected guidance for the fourth quarter led to a decline in stock value. Reports of a potential takeover bid at Intel also affected the stock, although analysts deemed it unlikely due to regulatory obstacles.
Full articleSummary: TD SYNNEX expands exclusive distribution agreement with Broadcom to include Symantec and Carbon Black portfolios in Latin America and the Caribbean (LAC) and North America. This move aims to streamline the purchasing process and enhance region-based support for both product portfolios.
Full articleSummary: Broadcom announced the general availability of Sian2, 200 Gbps per lane PAM-4 DSP PHY, which features 200G/lane electrical and optical interfaces. Sian and Sian2 DSPs enable pluggable modules with 200G/lane interfaces to connect next generation AI clusters.
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