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growth prospects and challenges in the global IoT in healthcare market

The IoT in Healthcare market is projected to grow from $81.1 billion in 2023 to $781.4 billion by 2032, with a CAGR of 28.62%. Key factors driving this growth include technological advancements and increasing demand for IoT solutions across various healthcare applications. Major players in the market include Intel, IBM, and Medtronic, among others, highlighting a competitive landscape shaped by innovation and strategic marketing.
openPR.com
International Business Machines Corporation (IBM) Microsoft Corporation Medtronic Defined Contribution Plan Master Trust Intel Corporation Koninklijke Philips N.V. Proteus Digital Health GE HealthCare Technologies Inc. QUALCOMM Incorporated Cisco Systems, Inc. Ericsson AB GE Healthcare International Business Machines Corporation (IBM) Intel Corporation Ericsson Proteus Digital Health Show more
Technology & Innovation, Market Report
13:29 18.10.2024

India's affluent consumers show fatigue as rural demand rises

India's K-shaped consumption pattern is evolving, with affluent consumers experiencing fatigue while lower-income segments benefit from increased rural demand and public spending, according to a UBS report. Key factors influencing this shift include strong monsoons, rising public expenditure, and changes in household savings. As the country aims for sustainable growth, challenges such as inflation and job creation remain critical.
Business Today
Indian Rupee UBS SA IND Siddharth Zarabi Tanvee Gupta Jain
TradFi, Market Report
13:20 18.10.2024

ubs lowers global-e online price target while maintaining buy rating

UBS has lowered its price target for Global-e Online (GLBE) to $48 from $50 while maintaining a Buy rating. The company is positioned to tap into an $800B market, with expectations of over 30% growth in gross merchandise value and profit over the next three years. Analysts anticipate Q3 as a pivotal moment, driven by increased merchant launches and a strong customer pipeline, suggesting robust growth prospects for 2025 and beyond.
TipRanks Financial
United States Dollar Global-e Online
TradFi, Market Report
13:03 18.10.2024

biden administration invokes defense production act to address iv fluid shortage

Hospitals across the U.S. are facing critical shortages of sterile IV solutions, prompting the American Hospital Association to urge the Biden administration to take immediate action, including invoking the Defense Production Act. The shortages, exacerbated by Hurricane Helene's impact on Baxter International's North Carolina facility, have led some health systems to reschedule non-emergency procedures to conserve supplies. The situation is expected to worsen unless federal measures are implemented to increase production and distribution flexibility.
Fierce Healthcare
United States Dollar Baxter International Inc. FDA Department of Health and Human Services CBS News Administration for Strategic Preparedness and Response USA Richard Pollack Helene Joe Biden Xavier Becerra Show more
Healthcare, News Article
13:00 18.10.2024

ECB cuts rates as gold hits new high and US stocks rally

The ECB's recent interest rate cut signals a new era of cheap money, as inflation remains below the target and the economy weakens. Meanwhile, US small caps are attempting to break through resistance levels, while gold continues its record ascent, recently reaching a new all-time high with potential for further gains.
IG
Euro United States Dollar European Central Bank Legal Entity of Public Law Christine Lagarde
TradFi, Market Report
12:49 18.10.2024

ubs raises taiwan semiconductor price target after strong q3 earnings report

UBS has raised its price target for Taiwan Semiconductor Manufacturing Co. Ltd. from NT$1,200 to NT$1,300, maintaining a 'Buy' rating following a strong Q3 2024 performance, where gross margin reached 57.8%. The company anticipates further growth, projecting Q4 revenue between $26.1 billion and $26.9 billion, driven by demand for advanced 3-nanometer and 5-nanometer technologies. For 2025, UBS forecasts a gross margin increase to 58.5%, supported by improved utilization rates and price adjustments.
Investing.com Nigeria
New Taiwan Dollar United States Dollar Taiwan Semiconductor Manufacturing Co. Ltd. UBS SA TWN Randy Abrams Joe Biden
TradFi, Market Report
12:46 18.10.2024

radicant to merge with fintech numarics backed by ubS

Radicant Bank plans to merge with Zurich fintech Numarics, backed by UBS, to enhance its banking and investment services for private and corporate clients. The merger, pending regulatory approval, aims to simplify administration and expand offerings, with BLKB becoming the majority shareholder. Anton Stadelmann will lead the new company, headquartered in Liestal, as CEO.
Switzerland
radicant bank SA Numarics AG UBS SA BLKB Services AG CHE John Häfelfinger Thomas Schneider Anton Stadelmann Marco Primavesi Show more
TradFi, Press Release
12:40 18.10.2024

gold price reaches record high with potential to hit 2900 dollars

Gold prices have surged to a record high, reaching $2,706 per troy ounce, with analysts at UBS predicting a rise to $2,900 by September 2025. This increase is driven by falling interest rates, strong central bank purchases, and ongoing demand for safe investments amid global uncertainties. Political factors and monetary easing from central banks, including the European Central Bank's recent rate cuts, are expected to further support gold prices in the coming weeks.
Investing.com Deutsch
Euro United States Dollar European Central Bank US Federal Reserve UBS SA Investing.com CHE USA Joe Biden Donald Trump UBS analysts Show more
TradFi, Market Report
12:30 18.10.2024

cvs health appoints david joyner as new ceo amid financial struggles

CVS Health has replaced CEO Karen Lynch with David Joyner amid rising financial challenges, including high medical costs and a declining stock price. The company has pulled its earnings guidance and announced layoffs of 2,900 workers, while Joyner, a veteran of CVS and Caremark, steps in to address these issues. CVS anticipates a significant increase in its medical loss ratio and will incur a $1.1 billion charge related to its Medicare and ACA businesses in the third quarter.
Healthcare Dive
United States Dollar Aetna Better Health Inc. Caremark CVS Health Corporation USA Julie Utterback Brian Kane Karen Lynch David Joyner Show more
Finance & Economy, News Article
12:29 18.10.2024

ubs shares rise amid strong trading performance and positive earnings outlook

UBS shares rose 0.5% to CHF 28.32 at midday, with a peak of CHF 28.46 during trading. The stock has seen a significant recovery from a 52-week low of CHF 20.88, and shareholders received a dividend of CHF 0.640 in 2023, with expectations of USD 0.823 for the coming year. The company reported a 38.06% increase in sales to CHF 19.76 billion for the quarter ending June 30, 2024, with earnings per share of CHF 0.32.
finanzen.ch
Swiss Franc United States Dollar UBS SA CHE Carsten Spohr
TradFi, Market Report
12:29 18.10.2024
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