LONDON, Oct 29 (Reuters) - Biotech firm Iambic Therapeutics unveiled on Tuesday what it says is a breakthrough artificial intelligence model that could drastically reduce the time and money needed to develop new drugs. A growing number of tech startups are using AI to advance pharmaceutical research. Iambic, which has previously won investment from tech giant Nvidia ( NVDA ),...

07:44 AM EDT, 10/29/2024 (MT Newswires) -- SoFi Technologies ( SOFI ) reported Q3 earnings Tuesday of $0.05 per diluted share, swinging from a net loss of $0.29 per share a year earlier. Analysts polled by Capital IQ expected $0.04 in earnings per share. Total net revenue for the quarter ended Sept. 30 was $697.1 million, compared with $537.2 million...

07:00 AM EDT, 10/29/2024 (MT Newswires) -- Pfizer ( PFE ) reported Q3 adjusted earnings Tuesday of $1.06 per diluted share, swinging from an adjusted loss of $0.17 a year earlier. Analysts polled by Capital IQ expected an adjusted EPS of $0.61. Revenue for the quarter was $17.7 billion, up from $13.49 billion a year earlier. Analysts polled by Capital...

(Reuters) - Ford Motor ( F ) shares fell 6% on Tuesday after the automaker tempered its full-year profit forecast, blaming supplier disruptions and warranty costs amid a global price war fueled by overcapacity. It expects 2024 adjusted earnings before interest and taxes (EBIT) of about $10 billion, compared with its earlier projection of $10 billion to $12 billion. In...