Author: Fiona Craig

Shares of DeFi Development Corp. (NASDAQ:DFDV) climbed 10.6% after the company revealed it is on the verge of holding 1 million Solana (SOL) tokens, with its balance now totaling 999,999 SOL and equivalents — a position worth approximately $181 million. Between July 14 and July 20, the firm acquired 141,383 SOL at an average cost…

Shares of Upexi Inc. (NASDAQ:UPXI) jumped 14.3% after the company revealed it had expanded its position in Solana, acquiring an additional 100,000 SOL tokens. This latest purchase brings Upexi’s total Solana holdings to 1,818,809 SOL, valued at roughly $331 million. The newly acquired tokens, bought for $17.7 million, follow last week’s closing of a $200…

Shares of SS&C Technologies Holdings Inc (NASDAQ:SSNC) climbed 3.1% after the company announced it has reached a definitive agreement to acquire Calastone, the world’s largest funds network, in a deal valued at roughly £766 million (US $1.03 billion). The seller is global investment firm Carlyle. The acquisition is projected to close in the fourth quarter…

Evotec SE ADR (NASDAQ:EVO) saw its stock decline 12.7% following a downward revision of its revenue guidance for fiscal year 2025, attributed to weaker-than-expected results in its Shared R&D base segment. The company now anticipates revenues between €760 million and €800 million, a reduction from its earlier forecast of €840 million to €880 million. This…

Bruker Corporation (NASDAQ:BRKR) saw its shares drop 8.75% in premarket trading Monday following the release of preliminary second-quarter figures that showed flat reported revenue and a decline in adjusted earnings. The company cited weak demand from the academic sector and softness in the U.S. biopharma market as key factors behind the results. For the quarter…

Bank of America anticipates that the U.S. economy will steer clear of a recession in 2025 and does not expect any Federal Reserve interest rate cuts throughout the year, despite mounting political and market turbulence. In a note released Monday, BofA analysts stated, “These developments go in line with our view that the US economy…

Verizon Communications (NYSE:VZ) boosted the lower end of its full-year adjusted earnings per share guidance after its second-quarter core profits outperformed estimates, driving shares higher in premarket trading Monday. The telecom giant now anticipates annual per-share earnings growth between 1% and 3%, an upward revision from the previous range of 0% to 3%, partly fueled…

Tesla (NASDAQ:TSLA) is approaching its second-quarter earnings report facing considerable pressure, with Bank of America signaling that the results are “likely to be challenged due to tariffs and disappointing deliveries.” In a preview of the upcoming earnings season, BofA analysts positioned Tesla at a disadvantage compared to its Detroit-based competitors. “Tesla is the most challenged…

Roper Technologies, Inc. (NASDAQ:ROP) delivered stronger-than-expected results for the second quarter, propelled by continued organic momentum and the successful integration of recent acquisitions. The company posted adjusted earnings per share of $4.87, surpassing analyst forecasts of $4.83. Revenue increased 13% year-over-year to $1.94 billion, edging past the $1.93 billion consensus and reflecting 7% organic growth.…

Domino’s Pizza, Inc. (NASDAQ:DPZ) saw its shares climb 2.7% on Monday after reporting better-than-expected sales growth in the second quarter, even as earnings came in slightly below Wall Street projections. The global pizza leader posted adjusted earnings of $3.81 per share for the quarter, missing analysts’ average estimate of $3.94. Revenue matched forecasts at $1.15…