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The acquisition will expand Lilly's oncology pipeline with STX-478, the differentiated and potentially best-in-class, mutant-selective PI3K α inhibitor currently in a Phase 1/2 clinical trial STX-478 could potentially address 30-40% of people with hormone-positive breast cancer, building on Lilly's advancements against this disease INDIANAPOLIS and BOSTON, Mass. , Jan. 13, 2025 /PRNewswire/ -- Eli Lilly and Company (NYSE: LLY) and Scorpion Therapeutics, Inc. ("Scorpion"), a private biotechnology company developing small molecule precision oncology therapies, today announced a definitive agreement for Lilly to acquire Scorpion's PI3Kα inhibitor program STX-478.
Seagate's stock price has dropped over 10% since August, but its strong Q1 performance and cloud storage demand make it a strong buy. Seagate remains a leader in hard drive storage, with significant market share and promising future growth, especially with HAMR technology increasing storage capacity. Despite substantial debt, Seagate plans to pay down $700 million this year and offers a sustainable 3.25% dividend yield at current prices.
Healthy market demand, strategic efforts and strong outlook make STX a compelling investment opportunity.
Decades away from his star-making turn at George Soros' Quantum Group of Funds, high-profile investor Stanley Druckenmiller stays well active in the stock-picking game with his Duquesne Family Office investment vehicle.
Looking for some truly wowing profit growth from S&P 500 companies. A few are likely to knock your socks off.
FREMONT, Calif.--(BUSINESS WIRE)--Seagate Technology Holdings plc (NASDAQ: STX), a leading innovator of mass-capacity data storage, will report fiscal second quarter 2025 financial results after the market closes on Tuesday, January 21, 2025. The investment community conference call to discuss these results will take place that day at 2:00 PM PT / 5:00 PM ET. The live audio webcast can be accessed online at Seagate's Investor Relations website at investors.seagate.com. About Seagate Technology.
The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
Seagate (STX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
STX's fiscal Q1 performance is likely to have gained from incremental improvements in mass capacity demand driven by nearline cloud products.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Seagate (STX), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2024.