Category: Latest News
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Wave Life Sciences Shares Drop Following WVE-006 Trial Update
Wave Life Sciences Ltd. (NASDAQ:WVE) saw its stock decline 17% after providing an update from its ongoing RestorAATion-2 trial of WVE-006 for Alpha-1 Antitrypsin Deficiency (AATD). The clinical-stage biotech company reported that its RNA editing oligonucleotide achieved sustained production of serum AAT protein at levels linked to reduced risk of AATD-related liver and lung disease…
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Sprinklr Q2 Profit Falls Short but Revenue Surpasses Estimates; Issues Upbeat Guidance
Sprinklr (NYSE:CXM) posted mixed results for its second quarter, falling short on profit expectations while revenue exceeded forecasts. The company also provided optimistic guidance for the third quarter and full fiscal year. Despite the revenue beat, Sprinklr shares fell 1.4% in premarket trading Wednesday. The company reported non-GAAP diluted EPS of $0.08, below analyst expectations…
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Campbell’s Shares Climb After Q4 Earnings Surpass Expectations
Campbell’s Company (NASDAQ:CPB) saw its shares rise 2.2% in premarket trading after reporting better-than-expected fourth-quarter results, despite challenges from tariffs and inflation. The company posted adjusted earnings of $0.62 per share for the quarter, exceeding analyst expectations of $0.56. Revenue reached $2.32 billion, slightly below the consensus estimate of $2.33 billion. The quarter included an…
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Solowin Shares Surge Following $350 Million AlloyX Acquisition
Solowin Holdings (NASDAQ:SWIN) saw its stock climb 14% after announcing the completion of its $350 million purchase of AlloyX Limited, a provider of stablecoin infrastructure. The acquisition merges AlloyX’s technology and team into Solowin’s broader financial ecosystem and includes a 12-month lock-up period for all selling shareholders, encompassing the founding team and strategic investors. According…
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Macy’s Shares Soar as Q2 Results and Revenue Beat Estimates
Macy’s Inc. (NYSE:M) shares jumped 11% in premarket trading Wednesday after the department store chain reported second-quarter results that surpassed expectations and raised its full-year guidance, fueled by its strongest comparable sales growth in three years. The retailer posted adjusted earnings of $0.41 per share, well above analyst estimates of $0.19. Revenue reached $4.8 billion,…
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J.Jill Surpasses Q2 Estimates, Issues Cautious Outlook for Next Quarter
J.Jill (NYSE:JILL) reported second-quarter results that exceeded analyst expectations but provided a cautious sales forecast for the third quarter of fiscal 2025. Shares slipped slightly in premarket trading on Wednesday. The retailer posted Q2 earnings of $0.81 per share, surpassing the average analyst estimate of $0.76, on revenue of $154 million, compared with the consensus…
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Dollar Tree Exceeds Q2 Expectations on 6.5% Same-Store Sales Growth
Dollar Tree, Inc. (NASDAQ:DLTR) reported second-quarter results that substantially surpassed analyst expectations, supported by strong same-store sales and margin improvement. The discount retailer’s shares rose 0.7% in premarket trading following the announcement. For the quarter ending August 2, 2025, Dollar Tree posted adjusted earnings of $0.77 per share, well above the analyst estimate of $0.40.…
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Dow Jones, S&P, Nasdaq, Futures, Alphabet Leads Pre-Market Gains as Wall Street Eyes Rebound
U.S. stock futures indicate a higher open on Wednesday, as investors look to recoup losses from the past two sessions. Alphabet (NASDAQ:GOOGL) is at the forefront of pre-market activity, climbing 6.9% following a favorable antitrust ruling. A federal judge determined that Google will avoid the most severe penalties in a landmark case. U.S. District Judge…
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Small-cap inflows surge to near-record levels after Jackson Hole, says BofA
Investors poured money into U.S. small-cap stocks in the week following the Jackson Hole conference, marking one of the strongest inflow weeks on record, according to Bank of America Securities. The bank reported that its clients were significant net buyers of U.S. equities overall, with $2.3 billion directed into individual stocks and another $2.1 billion…
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U.S. mortgage demand slips 1.2% despite cheaper borrowing costs
Mortgage applications in the United States edged lower last week, even as borrowing costs declined to multi-month lows, data from the Mortgage Bankers Association (MBA) showed Wednesday. For the week ending August 29, 2025, the MBA’s Market Composite Index, which tracks mortgage loan application volume, dropped 1.2% on a seasonally adjusted basis from the prior…