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...Silicon Valley-based Zipline is to deliver medical supplies by drone for the UK’s NHS in a pioneering move that is meant to cut costs and improve services to hundreds of thousands of patients....
...Spire has been expanding in complementary services and in October paid £74mn for Vita Health Group, a mental health provider....
...“Silicon Valley has a huge culture of following the latest trend,” says Luckey....
...One new model would be to take a Silicon Valley approach. In entrepreneurial ventures, small amounts of early-stage funding, known as angel investments, support innovative, highly uncertain work....
...More than 90 per cent of S&P 500 stocks closed higher on Wednesday, as a broad rally in late trading lifted the benchmark index to its first record high in almost a week....
...“It is a coming of age,” said Howard Silverblatt, senior index analyst at S&P, of the dividend announcement....
...“A year later, it feels eerily similar to pre-SVB downfall,” said Peter Hébert, co-founder of $5bn Silicon Valley venture firm Lux Capital....
...The group reported that revenue grew about 12 per cent to $93.8bn. Fourth-quarter earnings came in at $1.58 a share, missing analysts’ expectations of $1.63....
...More than 90 per cent of S&P 500 stocks closed higher, as a broad rally in late trading lifted the benchmark index to its first record high in almost a week....
...Earlier this month UnitedHealth Group also warned of growing costs....
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...Hong Kong-listed Chinese technology shares fell on Thursday after a US Senate committee approved a national security bill, with medical devices maker WuXi AppTec opening down more than 14 per cent....
...The flagship project — which is overseen by Houchen, the high-profile Conservative mayor of Tees Valley — has been mired in controversy over its finances and governance....
...The S&P 500 was headed for a record closing high as traders assessed US inflation data that unexpectedly increased last month....
...Canada’s housing crisis: A National Housing Conference will be held in Ottawa where real estate companies, lobby groups and officials from the government will discuss solutions for solving Canada’s housing...
...Companies to have defaulted in February included US ferry and cruise operator Hornblower, US software group GoTo and UK cinema group Vue Entertainment International....
...The S&P 500 eked out a new record high on Friday as a broad rally outweighed a dip in tech groups. The benchmark index rose by less than 0.1 per cent, with two-thirds of companies advancing....
...SoftBank founder Masayoshi Son has piled debt on the Silicon Valley mansion he acquired for a record sum, using the showpiece house as security for a multimillion-dollar loan....
...Wachter adds: “I do believe that AI will be transformative, but healthcare is so stressed, [cash-]strapped and expensive that for the next 10 or 15 years it is unlikely whole medical groups will get fired...
...Wall Street futures held steady, pointing to a flat open after the S&P 500 climbed to another all-time high following a late rally in the previous trading session....
...US stocks rose, with gains for tech groups leading a broad rally that put the S&P 500 on track for a record high close....
...Outside tech, class A shares of Warren Buffett’s Berkshire Hathaway rose 1.2 per cent to a new peak, while credit card group Visa rode an eight-session winning streak to a new high....
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...S&P declined to comment and Visible Alpha did not respond to a request for comment....
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