Shaaaw
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Eric Schmidt (former Google $Alphabet-A(GOOGL.US$ CEO) on AI:
“I think this stuff is under-hyped, not over-hyper. Because the arrival of intelligence of a non-human form is really a big deal for the world.”
On AI capex:
“The scaling laws of these systems are continuing to go up without any loss or degradation of power”
“The big winner, right now, is still $NVIDIA(NVDA.US$ Nvidia. And the reason is that they have a virtual monopoly on the software stack between the hardware and the softwa...
“I think this stuff is under-hyped, not over-hyper. Because the arrival of intelligence of a non-human form is really a big deal for the world.”
On AI capex:
“The scaling laws of these systems are continuing to go up without any loss or degradation of power”
“The big winner, right now, is still $NVIDIA(NVDA.US$ Nvidia. And the reason is that they have a virtual monopoly on the software stack between the hardware and the softwa...
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NY Fed:
April one-year ahead expected inflation is 3.3%, versus March's 3%.
April three-year ahead expected inflation is 2.8%, versus March's 2.9%.
April five-year ahead expected inflation is 2.8%, versus March's 2.6%.
April year ahead expected home price climb is 3.3%, versus March's 3%.
Year-ahead expected home price climb is the highest since July 2022.
Respondents forecast higher future prices for food, rent, medical care, and gasoline.
Expected future spending levels are on the rise.
$Nasdaq Composite Index(.IXIC.US$ $S&P 500 Index(.SPX.US$ $SPDR S&P 500 ETF(SPY.US$
April one-year ahead expected inflation is 3.3%, versus March's 3%.
April three-year ahead expected inflation is 2.8%, versus March's 2.9%.
April five-year ahead expected inflation is 2.8%, versus March's 2.6%.
April year ahead expected home price climb is 3.3%, versus March's 3%.
Year-ahead expected home price climb is the highest since July 2022.
Respondents forecast higher future prices for food, rent, medical care, and gasoline.
Expected future spending levels are on the rise.
$Nasdaq Composite Index(.IXIC.US$ $S&P 500 Index(.SPX.US$ $SPDR S&P 500 ETF(SPY.US$
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Shaaaw
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Short Interest of Life Sciences Companies at a High Point.
Interesting list of name for the incoming CPI..
$Novavax(NVAX.US$ $SPDR S&P Biotech ETF(XBI.US$ $S&P 500 Index(.SPX.US$
Interesting list of name for the incoming CPI..
$Novavax(NVAX.US$ $SPDR S&P Biotech ETF(XBI.US$ $S&P 500 Index(.SPX.US$
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Shaaaw
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No megadeals in biotech so far this yr, but on track for record amount >$1 bil deals,
2 biggest deals this yr:
$Vertex Pharmaceuticals(VRTX.US$ paid $4.9 bil for $Alpine Immune(ALPN.US$
$Gilead Sciences(GILD.US$ paid $4.3 bil for $CBAY
Bolt-on deals likely to continue to be the dominant story in 2024, which means we could also see more of this trend...
Last yr 84% of M&A deal dollars were for Biotechs w/ Phase 3 & Marketed assets,
In the first four months of 2024 56% of M&A deal dollar went towards P...
2 biggest deals this yr:
$Vertex Pharmaceuticals(VRTX.US$ paid $4.9 bil for $Alpine Immune(ALPN.US$
$Gilead Sciences(GILD.US$ paid $4.3 bil for $CBAY
Bolt-on deals likely to continue to be the dominant story in 2024, which means we could also see more of this trend...
Last yr 84% of M&A deal dollars were for Biotechs w/ Phase 3 & Marketed assets,
In the first four months of 2024 56% of M&A deal dollar went towards P...
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Top 10 drug companies raked in NEARLY TRIPLE the revenue in 2023 ($491B) vs 2013 ($165B) 2013 vs. 2023.
$AbbVie(ABBV.US$ +189%
$Bristol-Myers Squibb(BMY.US$ +175%
$Johnson & Johnson(JNJ.US$ +95%
$AstraZeneca(AZN.US$ +78%
$NVM +45%
$Merck & Co(MRK.US$ +37%
$ROCHE HOLDING AG(RHHBY.US$ +27%
$Pfizer(PFE.US$ +13%
$GlaxoSmithKline(GSK.US$ +13%
----- $SPDR S&P 500 ETF(SPY.US$ +12% -----
$Sanofi(SNY.US$ +3%
Source: Arjun Murthy on the HR app!
$AbbVie(ABBV.US$ +189%
$Bristol-Myers Squibb(BMY.US$ +175%
$Johnson & Johnson(JNJ.US$ +95%
$AstraZeneca(AZN.US$ +78%
$NVM +45%
$Merck & Co(MRK.US$ +37%
$ROCHE HOLDING AG(RHHBY.US$ +27%
$Pfizer(PFE.US$ +13%
$GlaxoSmithKline(GSK.US$ +13%
----- $SPDR S&P 500 ETF(SPY.US$ +12% -----
$Sanofi(SNY.US$ +3%
Source: Arjun Murthy on the HR app!
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Shaaaw
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$Viking Therapeutics(VKTX.US$ $Novo-Nordisk A/S(NVO.US$ $Eli Lilly and Co(LLY.US$
Chart- show major competitors in obesity and subsequent weight loss over time
Pay attention to Duration in weeks
$Viking Therapeutics(VKTX.US$ best in class drug for obesity with best results (weight loss) in least amount of time vs other companies.
⬇️⬇️
Chart- show major competitors in obesity and subsequent weight loss over time
Pay attention to Duration in weeks
$Viking Therapeutics(VKTX.US$ best in class drug for obesity with best results (weight loss) in least amount of time vs other companies.
⬇️⬇️
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Shaaaw
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Top companies and drugs by sales in 2023 from Nature Reviews Drug Discovery.
$Eli Lilly and Co(LLY.US$ and $Novo-Nordisk A/S(NVO.US$ are not on the list (they will be next year of course...). Just shows how forward looking our industry is as both have higher market caps than any of the top 10 companies
$Eli Lilly and Co(LLY.US$ and $Novo-Nordisk A/S(NVO.US$ are not on the list (they will be next year of course...). Just shows how forward looking our industry is as both have higher market caps than any of the top 10 companies
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Shaaaw
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👉 Key Highlights:
📍 Nonfarm payrolls soar by 303,000 in March, outpacing expectations.
📍 February's job additions revised down slightly to 270,000.
📍 Unemployment rate falls to 3.8%, indicating a robust job market.
📍 S&P 500 futures point to a positive Wall Street open following the report.
📍 10-year Treasury yield jumps 8.9 basis points, reflecting bond market reaction.
📍 Dollar index strengthens by 0.3%, signaling currency mar...
📍 Nonfarm payrolls soar by 303,000 in March, outpacing expectations.
📍 February's job additions revised down slightly to 270,000.
📍 Unemployment rate falls to 3.8%, indicating a robust job market.
📍 S&P 500 futures point to a positive Wall Street open following the report.
📍 10-year Treasury yield jumps 8.9 basis points, reflecting bond market reaction.
📍 Dollar index strengthens by 0.3%, signaling currency mar...
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Shaaaw
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$Meta Platforms(META.US$
👉 Key Highlights:
📍 Instagram contributed 30% to Meta's revenue in the first half of 2022.
📍 $22 billion revenue from Instagram in 2020, making up 26% of Meta's total sales.
📍 Revenue increased to $32.4 billion in 2021, accounting for 27% of the business.
📍 First six months of 2022 saw Instagram generate $16.5 billion.
📍 Instagram's growth outpaces other Meta platforms, showcasing the app's expanding financial infl...
👉 Key Highlights:
📍 Instagram contributed 30% to Meta's revenue in the first half of 2022.
📍 $22 billion revenue from Instagram in 2020, making up 26% of Meta's total sales.
📍 Revenue increased to $32.4 billion in 2021, accounting for 27% of the business.
📍 First six months of 2022 saw Instagram generate $16.5 billion.
📍 Instagram's growth outpaces other Meta platforms, showcasing the app's expanding financial infl...
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