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Novartis and Boston Scientific Slide, Intel Price Hikes | Stock Movers
Bloomberg16d agoneutralVIDEO
Novartis and Boston Scientific Slide, Intel Price Hikes | Stock Movers

On this episode of Stock Movers: - Novartis (NOVN) shares are lower as it suffered its third clinical-trial setback in a week after a treatment for a rare muscle-wasting disease failed a late-stage study. - Boston Scientific (BSX) shares are moving on news it said that fallout from a cybersecurity incident has impacted its ability to ship its products to customers and will cause the medical devices company to miss its sales growth and earnings estimates for the year. - Intel (INTC) is rising on a report that the company could raise computer chip prices next month.

Boston Scientific Won’t Meet Guidance Due to Cyberattack
The Wall Street Journal16d agoneutral
Boston Scientific Won’t Meet Guidance Due to Cyberattack

Boston Scientific said it likely won’t meet its financial guidance due to the cyberattack that has disrupted its operations, sending shares of the medical-technology company down sharply in premarket trading.

Boston Scientific Won’t Meet Guidance Due to Cyberattack
The Wall Street Journal16d agoneutral
Boston Scientific Won’t Meet Guidance Due to Cyberattack

Boston Scientific said it likely won’t meet its financial guidance due to the cyberattack that has disrupted its operations, sending shares of the medical-technology company down sharply in premarket trading.

Boston Scientific says cyberattack likely to hurt 2026 sales, profit
Reuters16d agoneutral
Boston Scientific says cyberattack likely to hurt 2026 sales, profit

Sept 8 () - Boston Scientific said ‌on Tuesday a ‌cybersecurity incident that disrupted ​manufacturing and order shipments globally is likely to ‌have ⁠a material impact on its ⁠third-quarter and full-year 2026 results. The ​medical device ​maker ​is unlikely ‌to meet its previously issued third-quarter and full-year sales and adjusted profit ‌forecast, it ​said ​in ​a regulatory ‌filing.

Alabama Demands Details From OpenAI About Rogue AI, Employee Concerns
The Wall Street Journal28d agoneutral
Alabama Demands Details From OpenAI About Rogue AI, Employee Concerns

Alabama’s attorney general wants answers after OpenAI models went rogue during a test run and hacked a real-world company. The state this week subpoenaed OpenAI and CEO Sam Altman, looking for details about the incident as well as every employee involved, plus those who raised safety concerns. On Wednesday, the company released a lengthy report that addressed some, but not all, of the issues Alabama raised.

Boston Scientific Stock Drops After Cyberattack
The Wall Street Journal29d agobearish
Boston Scientific Stock Drops After Cyberattack

Shares of medical-device maker Boston Scientific are down 4.5% Wednesday on concerns that a cyber-attack against the company could hurt near-term revenue. The incident, which Boston Scientific said it detected Tuesday, caused a network outage and disruption to operations, including the ability to process and ship orders, a spokeswoman said. Evercore ISI analysts noted that a similar cyberattack against medical-device maker Stryker in March took about three weeks for the company to recover from.

Boston Scientific (BSX) Is Up 7.1% After Q2 Beat, Recall And Major Restructuring Plan - Has The Bull Case Changed?
Simply Wall St.56d agobearish
Boston Scientific (BSX) Is Up 7.1% After Q2 Beat, Recall And Major Restructuring Plan - Has The Bull Case Changed?

Boston Scientific recently reported its second-quarter 2026 results, showing sales of US$5,442 million and net income of US$907 million, alongside issuing a recall of its Rapid Refill Continuous Injection System and initiating a multi-year global restructuring plan aimed at cost efficiencies. While the company raised full-year 2026 net sales growth expectations to approximately 5.5%–6.5%, it also outlined a restructuring program costing up to US$800 million and targeting around US$500...

Boston Scientific Q2 Earnings Call Highlights
MarketBeat57d agoneutral
Boston Scientific Q2 Earnings Call Highlights

Boston Scientific (NYSE:BSX) reported second-quarter 2026 revenue growth at the high end of its guidance range and adjusted earnings per share above expectations, but lowered its full-year outlook as it faces slowing demand in its WATCHMAN left atrial appendage closure business and increased competi