UK GDP grew 0.8% over three months, surpassing forecasts and showing resilience despite geopolitical tensions and energy price pressures. The FTSE 100 opened lower as investors digested takeover deals including Rotork's £4.1bn acquisition by ABB and Uber's $14.8bn bid for Delivery Hero. Political developments with Andy Burnham's incoming government and a new Chancellor appointment boosted market confidence. Gold prices fell below $4,000 amid a stronger US dollar, while US tech stocks faced pressure despite strong earnings in healthcare and chip sectors. The UK steel industry was nationalized to secure its future amid global uncertainties.
Abbott Laboratories reported strong Q2 earnings that exceeded expectations, driving its stock up 14%. The company also raised its full-year 2026 guidance, signaling confidence in future growth. Key business areas like diagnostics and electrophysiolog...
Abbott posted a 13% increase in reported sales and 4.8% comparable sales growth for Q2 2026, with GAAP diluted EPS at $0.53 and adjusted EPS at $1.31. The company reaffirmed its full-year 2026 sales growth guidance of 6.5% to 7.5% and raised its adju...
The global blood glucose monitoring system market, valued at $16.8 billion in 2025, is projected to grow to $39.4 billion by 2035 at an 8.9% CAGR. Growth is fueled by rising diabetes prevalence, advancements in AI-enabled monitoring devices, and incr...
The veterinary lab automation market is projected to grow from $1.36 billion in 2026 to $1.9 billion by 2030, with a CAGR of 8.7%. Growth is fueled by rising demand for rapid diagnostics, AI integration, and precision veterinary medicine, alongside i...
The veterinary lab automation market is projected to grow from $1.36 billion in 2026 to $1.9 billion by 2030, with a CAGR of 8.7%. Growth is fueled by increasing demand for rapid diagnostics, AI integration, robotic workflows, and a focus on companio...
