Category: Latest News

AbbVie Inc. (NYSE:ABBV) saw its stock jump 3.4% after announcing a major licensing agreement with IGI Therapeutics, securing exclusive global rights to develop and commercialize ISB 2001 — a promising multispecific antibody candidate targeting cancer and autoimmune conditions. Under the terms of the deal, AbbVie will make an upfront payment of $700 million to IGI…

Charles Schwab Corp (NYSE:SCHW) climbed to a 52-week high of $92.81, marking a key milestone for the financial services giant with a market capitalization of $168.6 billion. The stock has gained 25.56% year-to-date, driven by a 10.86% uptick in revenue and consistent long-term performance, including 37 straight years of dividend payouts — a testament to…

Vertiv Holdings (NYSE:VRT) saw its stock tumble 11% on Thursday following Amazon Web Services’ (NASDAQ:AMZN) announcement of proprietary cooling hardware aimed at handling the intense thermal demands of Nvidia’s (NASDAQ:NVDA) high-performance AI GPUs. Unveiled on Wednesday, AWS’s new In-Row Heat Exchanger (IRHX) system is a custom-built alternative to traditional liquid cooling systems commonly supplied by…

Shares of Avis Budget Group Inc. (NASDAQ:CAR) soared to a 52-week high of $190.25, underscoring a powerful rally for the car rental company. The stock has delivered an 82.41% gain over the past year, with even more impressive short-term performance — up 110.26% over six months and 120.57% year-to-date. With a market capitalization of $6.65…

Wayfair Inc. (NYSE:W) stock climbed to a 52-week high of $58.42, signaling renewed investor confidence in the online home goods retailer. With a market capitalization of $7.47 billion and annual revenue of $11.85 billion, the company has seen its stock rise 5.45% over the past year and 28.28% in the last six months. The recent…

TE Connectivity (NYSE:TEL) shares climbed to a new all-time high of $175.06, reflecting growing investor confidence and solid momentum in the company’s fundamentals. With a market capitalization of $51.8 billion, the stock has gained 12.91% over the past year and 23.6% in the last six months, underscoring sustained optimism about its long-term growth prospects. The…

Polestar Automotive Holding UK Plc A (NASDAQ:PSNY) saw its stock climb 5% after the electric vehicle maker reported a robust second-quarter sales performance, defying a backdrop of market volatility and stiff competition. The Swedish EV company delivered an estimated 18,049 vehicles in Q2 2025—a 38% increase year-over-year. For the first half of the year, deliveries…

Southwest Airlines (NYSE:LUV) hit a 52-week high at $36.13, signaling renewed investor confidence and marking a major milestone for the airline. With a market cap of $20.34 billion and trailing 12-month revenue of $27.58 billion, the stock has risen 32.85% over the past year. This upward trend reflects strong recovery momentum fueled by increased travel…

Synchrony Financial (NYSE:SYF) reached an all-time high stock price of $70.94, reflecting a strong 48.73% return over the past year. With a market cap of $26.89 billion and a P/E ratio of 9.49, the consumer banking-focused company is demonstrating solid financial health amid a dynamic economic environment. This milestone underscores Synchrony’s ongoing growth and strategic…

Shares of Pony AI Inc. (NASDAQ:PONY) initially dropped 1% before rebounding over 1% following a critical report from Grizzly Research that questioned the robotaxi company’s operational integrity and technology. Grizzly Research, which conducted on-the-ground testing of Pony’s robotaxi service in China, described the company—public since November 2024—as offering “very little” and labeled it a “smoke…