Category: Latest News

Replimune Group, Inc. (NASDAQ:REPL) saw its stock nosedive 77% on Tuesday after the company revealed it received a Complete Response Letter (CRL) from the U.S. Food and Drug Administration (FDA), denying approval for its experimental melanoma treatment. The regulatory setback concerns Replimune’s Biologics License Application (BLA) for RP1, which was proposed in combination with nivolumab…

Shares of Seres Therapeutics (NASDAQ:MCRB) rose 5% during early trading in New York on Monday after the biotech company announced a leadership shake-up, naming Thomas DesRosier and Marella Thorell as co-Chief Executive Officers. The executive transition follows the departure of former CEO Eric Shaff, who will continue to serve on Seres’ board of directors. The…

Shares of Lockheed Martin Corporation (NYSE:LMT) dropped more than 8% in premarket trading Tuesday following a disappointing second-quarter earnings report marred by hefty charges on several defense programs. The aerospace and defense contractor reported earnings of just $1.46 per share for the quarter, falling well short of Wall Street’s consensus forecast of $6.54. Revenue reached…

Draganfly Inc. (NASDAQ:DPRO) saw its stock climb 11% in pre-market trading on Tuesday following the announcement of a new order for its Commander 3XL drone system from a prominent defense industry partner. The drone technology firm revealed that the buyer is “a globally recognized defense contractor specializing in persistent surveillance technologies for military operations,” with…

Intuit Inc. (NASDAQ:INTU) has rolled out a series of updates to its Enterprise Suite platform, introducing AI-driven features aimed at streamlining operations for mid-market businesses. The enhancements include four new artificial intelligence agents designed to simplify financial management, accounting workflows, and project execution. The company’s latest AI tools consist of a Finance Agent for reporting…

Pentair plc (NYSE:PNR) delivered second-quarter results that came in ahead of expectations on the earnings front, though shares edged down in pre-market trading due to a mixed outlook for the months ahead. The water technology company reported adjusted earnings per share of $1.39 for the quarter, surpassing Wall Street’s consensus of $1.34. Revenue totaled $1.12…

Coca-Cola (NYSE:KO) reported stronger-than-anticipated earnings for the second quarter and reiterated expectations to achieve adjusted per-share earnings growth at the upper end of its previously outlined range, despite facing challenges from tariff-related pressures. The company also announced plans to introduce a new product made with cane sugar in the U.S. market this fall. This move…

Major U.S. stock futures indicate a mostly steady start to Tuesday’s trading session, with investors showing caution after modest gains in the previous day’s market close. Traders are holding back from making aggressive moves as the August 1 deadline for President Donald Trump’s proposed “reciprocal tariffs” approaches, injecting uncertainty into the market. Stocks opened the…

MSCI Inc. (NYSE:MSCI) announced second-quarter adjusted earnings on Tuesday that outpaced analyst forecasts, fueled by robust growth in asset-based fees as ETFs tracking its indexes hit record asset levels. Following the news, MSCI’s shares gained 0.91% in pre-market trading. The company reported adjusted earnings per share of $4.17, slightly above the expected $4.14, while revenue…

BrightHy Solutions, a Fusion Fuel (NASDAQ:HTOO) subsidiary, has entered into a non-binding Term Sheet to establish a strategic partnership with an undisclosed green energy technology company. The agreement outlines a planned €30 million investment in hydrogen infrastructure over four years. Notably, the funding will be channeled through special purpose vehicles under a newly formed investment…