Category: Latest News

  • Evotec shares drop sharply after lowering 2025 revenue forecast

    Evotec shares drop sharply after lowering 2025 revenue forecast

    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…

  • ProMIS Neurosciences stock price surges in pre market trading as company receives FDA fast track designation for alzheimer’s drug candidate PMN310

    ProMIS Neurosciences stock price surges in pre market trading as company receives FDA fast track designation for alzheimer’s drug candidate PMN310

    ProMIS Neurosciences Inc. (Nasdaq:PMN), a clinical-stage biotechnology firm specializing in treatments for neurodegenerative diseases, announced today that the U.S. Food and Drug Administration (FDA) has granted Fast Track designation to its lead therapeutic candidate, PMN310, for the treatment of Alzheimer’s disease (AD). PMN310 is a humanized monoclonal antibody designed to selectively target toxic oligomers of…

  • Bruker shares plunge after preliminary Q2 results reveal revenue slump

    Bruker shares plunge after preliminary Q2 results reveal revenue slump

    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 predicts the U.S. will avoid recession and the Fed will hold rates steady this year

    Bank of America predicts the U.S. will avoid recession and the Fed will hold rates steady this year

    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 tightens full-year forecast, surpasses Q2 earnings expectations

    Verizon tightens full-year forecast, surpasses Q2 earnings expectations

    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 Stock: Bank of America Highlights Challenges Ahead for Q2 Earnings

    Tesla Stock: Bank of America Highlights Challenges Ahead for Q2 Earnings

    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 Tops Q2 Forecasts, Lifts Full-Year Outlook Amid Solid Growth

    Roper Technologies Tops Q2 Forecasts, Lifts Full-Year Outlook Amid Solid Growth

    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 Stock Rises After Q2 Sales Beat, Despite Earnings Miss

    Domino’s Stock Rises After Q2 Sales Beat, Despite Earnings Miss

    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…

  • What’s Behind Albemarle’s Recent Stock Surge?

    What’s Behind Albemarle’s Recent Stock Surge?

    Albemarle Corporation (NYSE:ALB) has seen a sharp rebound in its share price, climbing nearly 50% over the past three months — including a 30% jump in just the past month. This momentum has coincided with a resurgence in Chinese lithium spot and futures prices, sparking renewed investor interest in the chemical producer. According to Bank…

  • Dow Jones, S&P, Nasdaq, What’s Ahead in the Markets This Week: TSLA, GOOGL, and Other Big Names Prepare to Report

    Dow Jones, S&P, Nasdaq, What’s Ahead in the Markets This Week: TSLA, GOOGL, and Other Big Names Prepare to Report

    A heavy slate of earnings is on deck this week, led by tech titans and major U.S. corporations. Tesla (NASDAQ:TSLA) and Alphabet (NASDAQ:GOOGL) will be in the spotlight, with reports from Intel (NASDAQ:INTC), IBM (NYSE:IBM), Coca-Cola (NYSE:KO), General Motors (NYSE:GM), Verizon Communications (NYSE:VZ), and HCA Healthcare (NYSE:HCA) also due. In addition to corporate results, investors…