J&J, Merck and Bristol Myers Squibb face a pivotal few weeks ahead. Meanwhile, Apple will reportedly explore health applications for the Vision Pro headset.
GM's 2023 earnings included several special charges, including $1.1 billion in North American strike costs and $792 million for new commercial agreements.
The report addresses controversy that has swirled around Cruise since an Oct. 2 accident in which a pedestrian was dragged 20 feet by a Cruise robotaxi.
"Based on public information, there isn't a bank in the world that would give you committed financing, and that's just par for the course," Kahane said.
The medical cost increases reflect an increasing number of older adults returning to hospitals to undergo procedures they had delayed during the pandemic.