AbbVie’s second quarter results reflected robust product performance but were met with cautious investor sentiment. Management credited double-digit sales growth to strong execution in core immunology therapies, especially SKYRIZI and RINVOQ, and notable gains in the neuroscience portfolio. CEO Robert Michael emphasized that “each [portfolio] delivered growth above 20%,” with SKYRIZI achieving market leadership in multiple countries. However, the quarter also saw persistent biosimilar pressure o
News
High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
Adobe trades at a 10.7x forward P/E while Arista commands 47.8x, but their risk profiles and growth trajectories tell very different stories.
Vernon Hardware & Auto Parts, an 87-year-old retailer affiliated with True Value Hardware and Napa Auto Parts, closed its doors permanently a week earlier than expected. The iconic hardware and auto parts store, which opened in 1939, originally posted a Facebook message on July 14 saying the ...
The market is unclear whether the Fed will hike interest rates at its September meeting.
Ares Management delivered a quarter that met Wall Street’s revenue expectations and modestly exceeded consensus non-GAAP earnings per share for Q2, prompting a positive market response. Management attributed the performance to strong global fundraising, with CEO Michael Arougheti highlighting a record $36 billion raised across diverse strategies and approximately 17% year-over-year growth in both assets under management and fee-paying assets. The breadth of institutional investor engagement and
The building materials distribution platform declined after closing a major acquisition, while interest rates and oil prices rose.
Airbnb (ABNB) has spent years telling investors artificial intelligence could transform travel. Now it has a number to back up that claim. Airbnb shares surged about 14% on Aug. 7 to their highest level in four years after the company raised its annual revenue-growth outlook and reported ...
IonQ (NYSE: IONQ) secured a $28 million DARPA contract extension in 2026 to scale production and delivery of advanced optical atomic clocks for mission critical uses. The company also won a National Reconnaissance Office contract through its Capella division to provide commercial synthetic aperture radar services. These awards expand IonQ's role in U.S. national security and critical infrastructure programs through direct deployment of its technology. For investors watching how quantum and...
Energy Fuels (TSE:EFR) reported a second-quarter net loss of $33.6 million as transaction and development spending weighed on results, while its uranium business generated $25 million in revenue, approximately $14 million in gross profit and a 57% gross margin. President and Chief Executive Officer
The quarter set records and the outlook went up for a third time this year. The market erased about $2 billion of value anyway.
Leaf Li’s brokerage has become a central target in Beijing’s push to control the flow of Chinese money offshore.
Trump is considering extending the Jones Act waiver as gasoline prices above $4 per gallon become a growing political risk ahead of the midterms.
Multiple market indicators are issuing warning signals right now, but history still has good news.
The S&P 500 (^GSPC) is home to the biggest and most well-known companies in the market, making it a go-to index for investors seeking stability. But not all large-cap stocks are created equal - some are struggling with slowing growth, declining margins, or increased competition.
Losing a job in your 50s can derail even the best-laid retirement plans. For one longtime IT worker, it meant confronting a question he never expected to face so soon: “How do I not run out of money before I...
(Bloomberg) -- Taylor Farms is pulling more than a dozen prepared food items containing jalapeños, including salsas and guacamole, from retailers due to concerns over salmonella, just weeks after federal health officials tied the produce company to a separate outbreak of cyclospora.Most Read from BloombergTrump Amps Up Pressure on Billionaire Sargeant to Exit VenezuelaIran Rejects US Talks as Trump Displays Patience for Hormuz DealIran Says Hormuz Deal Close But Its Conditions Must Be MetOpenAI’
Whether it be online shopping or social media, secular forces are propelling consumer internet businesses forward. But it’s not all sunshine and rainbows as consumer purchasing power can make or break demand. This unpredictability is weighing on the industry as its 7.6% return over the past six months has fallen short of the S&P 500’s 11.7% gain.
A highlight was the repurchase of $4.5 billion of shares in the second quarter. The figure was just $235 million in the first quarter
Rising memory chip prices could be a difficult challenge for new CEO John Ternus.
The Nasdaq 100 (^NDX) is home to some of the biggest success stories in tech and growth investing. However, certain stocks in the index face challenges like profitability concerns, rising costs, or shifts in market trends.
Wall Street’s bearish price targets for the stocks in this article signal serious concerns. Such forecasts are uncommon in an industry where maintaining cordial corporate relationships often trumps delivering the hard truth.
The Clarity Act could be a major unlock for XRP, if it passes and gets signed into law.
Canaccord Genuity Group (TSE:CF) reported stronger fiscal 2027 first-quarter results as growth in wealth management and capital markets lifted revenue and profitability, supported by favorable equity markets, higher client activity and expense discipline. Firm-wide revenue rose 29% from a year earl
While the S&P 500 (^GSPC) includes industry leaders, not every stock in the index is a winner. Some companies are past their prime, weighed down by poor execution, weak financials, or structural headwinds.
Megacap stocks dominate their sectors and their actions influence economies worldwide. The flip side though is that their sheer size means they have less room for explosive growth as scale works against them.
The conglomerate's 16% jump looks impressive until you see which line did most of the lifting.
A 62-year-old retiree was one signature away from a decision that would have gutted his younger wife's income for the rest of her life, and Suze Orman had to stop him cold before the paperwork went through.
Smaller merchants are benefiting disproportionately from AI agent-driven purchases.
Any of these could derail your efforts.
The market sees too many risks right now.