Dean Y. Li, president of Merck Research Laboratories, said that the company is working with urgency to make the oral therapy available to patients worldwide.
The stock's strong performance following a "fundamentally poor quarter" has been partly due to anticipation for the June launch of both a more affordable vehicle and robotaxi service, the analyst told investors.
A few users also noted the possibility of a U.S.-China trade deal in the near future, which could significantly boost several companies, including Lululemon.
In recent weeks, Abercrombie & Fitch has lowered its annual profit forecast, while American Eagle has withdrawn its outlook, and Gap has warned of up to $150 million in additional costs resulting from tariffs.
The firm has revised its 2025 smartphone shipment growth forecasts due to uncertainty surrounding U.S. tariffs, with growth in North America and China expected to weaken.
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