Category: Latest News

Amphenol (NYSE:APH) saw its stock gain 4.5% in premarket trading after announcing a major acquisition agreement with CommScope (NASDAQ:COMM) to purchase its Connectivity and Cable Solutions (CCS) division for roughly $10.5 billion in cash. The transaction, pending approval from CommScope shareholders, is expected to close in the first half of 2026. CommScope projects it will…

CommScope Holding Company, Inc. (NASDAQ:COMM) saw its shares skyrocket by over 41% in Monday’s premarket session, following the release of second-quarter earnings that far surpassed analyst projections, fueled by strong results across every segment of its business. The network infrastructure company delivered adjusted earnings per share of $0.44, significantly ahead of the $0.23 expected by…

Tyson Foods (NYSE:TSN) saw its stock rise roughly 4% in premarket trading Monday after posting stronger-than-anticipated results for its fiscal third quarter, beating Wall Street estimates on both earnings and revenue. The food industry heavyweight reported earnings per share (EPS) of $0.91 for the quarter, exceeding analysts’ consensus forecast of $0.81. Revenue grew 4% year-over-year…

Tesla (NASDAQ:TSLA) is experiencing a notable drop in brand loyalty among U.S. customers, a shift that appears to align with CEO Elon Musk’s public support of former President Donald Trump, according to exclusive data shared with Reuters by S&P Global Mobility. The loyalty rate—measuring the percentage of Tesla households that return to buy another vehicle…

XOMA Royalty Corporation (NASDAQ:XOMA) has unveiled plans to acquire two biotech firms—HilleVax, Inc. (NASDAQ:HLVX) and LAVA Therapeutics N.V. (NASDAQ:LVTX)—through separate deals that combine upfront cash offers with contingent value rights (CVRs). In its agreement with HilleVax, XOMA Royalty will pay $1.95 in cash per share, along with a CVR that could deliver additional returns to…

Axsome Therapeutics, Inc. (NASDAQ:AXSM) saw its shares climb more than 5% in pre-market trading Monday, following the release of its second-quarter results that topped Wall Street estimates thanks to strong commercial momentum across its product lines. The biopharmaceutical firm reported $150.04 million in revenue for Q2 2025, well ahead of the analyst consensus of $139.31…

Gold prices remained largely unchanged on Monday after a sharp rally at the end of last week, as weak U.S. employment numbers bolstered expectations for interest rate cuts by the Federal Reserve. At 05:00 ET (09:00 GMT), spot gold slipped 0.1% to $3,358.72 per ounce, while December gold futures rose 0.4% to $3,412.55 per ounce.…

Miami, United States, August 1st, 2025, FinanceWire Akasha, a newly emerging lifestyle brand rooted in creativity, intention, and innovation, has officially filed for federal trademark protection with the United States Patent and Trademark Office. The filing marks a key milestone in the brand’s strategic development as it expands its operations and e-commerce presence from its…

BP (NYSE:BP) shares rose Monday following the announcement of a major oil and gas find offshore Brazil, the company’s biggest in 25 years. The discovery was made in the Santos basin, a deepwater pre-salt region recognized as one of the world’s most promising hydrocarbon hotspots. This marks BP’s tenth discovery of the year, building on…

Shares of Blade Air Mobility (NASDAQ:BLDE) soared by up to 27% during Monday’s premarket session after reports surfaced that Joby Aviation (NYSE:JOBY) is looking into acquiring the helicopter ride-sharing service. Meanwhile, Joby Aviation’s own shares gained as much as 3.1% in early trading, according to sources close to the situation. JPMorgan analyst Bill Peterson commented,…