Category: Latest News

Freeport-McMoRan (NYSE:FCX) delivered second-quarter earnings and revenue results that outpaced Wall Street forecasts, driven by increased copper production and sales. Despite this, the company’s shares slipped 1% in premarket trading. The U.S.-based mining giant reported adjusted earnings of $0.54 per share, exceeding the average analyst estimate of $0.45. Revenue climbed to $7.58 billion from $5.74…

Lamb Weston Holdings Inc. (NYSE:LW) saw its stock rise 6% after surpassing expectations for the fourth quarter and unveiling an ambitious strategy to achieve at least $250 million in savings. The company posted adjusted earnings of $0.87 per share for its fiscal Q4, well above analyst estimates of $0.64. Revenue grew 4% year-over-year to $1.68…

Oklo Inc. (NYSE:OKLO) saw its stock increase by 3% in early trading after unveiling a strategic collaboration with Liberty Energy Inc. (NYSE:LBRT) to create integrated power solutions tailored for customers with high energy demands. The alliance focuses on providing comprehensive power solutions by combining Liberty’s natural gas generation capabilities with Oklo’s cutting-edge nuclear technology. Initially,…

Apple Inc. (NASDAQ:AAPL) announced the launch of AppleCare One, a new subscription insurance service that protects up to three devices for $20 per month. The plan includes battery replacements, 24/7 customer support, and coverage for accidental damage such as drops and spills. Customers wishing to add more devices beyond the initial three can do so…

Precision BioSciences (NASDAQ:DTIL) saw its stock rise 5% following the announcement that the U.S. Food and Drug Administration (FDA) awarded Orphan Drug Designation to its PBGENE-DMD therapy for Duchenne muscular dystrophy (DMD). The clinical-stage gene editing company, which uses its proprietary ARCUS platform, earned the designation for its potential to treat DMD, a rare genetic…

Shares of WEBUY GLOBAL LTD. (NASDAQ:WBUY) soared 30% following the announcement of a new partnership with Victory Securities to develop stablecoin payment systems for its international travel and e-commerce services. The Southeast Asian tech company specializing in e-commerce and travel plans to work closely with Hong Kong’s Victory Securities, a regulated financial services firm, to…

Shares of heavily shorted stocks jumped in Wednesday premarket trading as the recent meme stock revival spread to more names. Doughnut chain Krispy Kreme (NASDAQ:DNUT) surged 33%, following nearly a 27% gain on Tuesday. Recent data from multiple sources shows that between 15% and 30% of Krispy Kreme’s tradable shares are currently shorted. Camera maker…

Northern Trust Corporation (NASDAQ:NTRS) reported second-quarter earnings per share of $2.13, surpassing analyst expectations of $2.05. The financial services firm benefited from record net interest income and growth in trust fees. Revenue for the quarter reached $2 billion, exceeding the consensus estimate of $1.96 billion. Net income was $421.3 million, up 7% from $392 million…

Morgan Stanley has selected Northrop Grumman (NYSE:NOC) and RTX Corporation (NYSE:RTX) as its new Top Picks in the defense and aerospace sectors, respectively, highlighting improved program economics and attractive valuations. The firm upgraded Northrop Grumman to “Top Pick in Defense” and raised its price target from $570 to $625. Analysts pointed to strong second-quarter results…

NextEra Energy, Inc. (NYSE:NEE) reported second-quarter 2025 adjusted earnings of $1.05 per share on Wednesday, surpassing analyst estimates of $0.98 per share. However, revenue fell short, totaling $6.7 billion versus the consensus forecast of $7.29 billion. Following the announcement, NextEra Energy shares were essentially flat, dipping just 0.05% in pre-market trading. The company posted a…