Category: Latest News

PTC Therapeutics, Inc. (NASDAQ:PTCT) saw its stock slide 5% after the U.S. Food and Drug Administration (FDA) declined to approve its New Drug Application (NDA) for vatiquinone, a treatment candidate for Friedreich’s ataxia. The decision came in the form of a Complete Response Letter (CRL). In its letter, the FDA said that PTC had not…

Premier, Inc. (NASDAQ:PINC) reported fourth-quarter results on Tuesday that outperformed analyst expectations. Adjusted earnings per share came in at $0.46, beating estimates by $0.12, while revenue totaled $262.9 million, above the consensus of $247.13 million. Following the announcement, Premier’s shares rose slightly, gaining 0.25% in after-hours trading. The healthcare improvement company saw total net revenue…

Home Depot (NYSE:HD) reported fiscal Q2 2025 results that fell below analyst forecasts, causing shares to slide 2.5%, even though both revenue and earnings showed year-over-year growth. The home improvement giant posted adjusted earnings per share of $4.68, missing estimates of $4.72. Revenue reached $45.3 billion, slightly below the consensus forecast of $45.44 billion. Still,…

Amer Sports, Inc. (NYSE:AS) reported second-quarter results on Tuesday that surpassed analyst expectations, posting adjusted earnings per share of $0.06, well above the predicted -$0.02. Revenue climbed 23% to $1.24 billion, fueled by strong sales across its premium sports and outdoor brands. Shares slipped 2.29% in pre-market trading following the announcement. Revenue from Technical Apparel…

Shares of Intel (NASDAQ:INTC) jumped nearly 6% in premarket trading Tuesday after SoftBank Group Corp. (USOTC:SFTBY) announced plans to invest $2 billion in the U.S. chipmaker. The Japanese conglomerate aims to help Intel develop advanced semiconductor manufacturing facilities in the United States. SoftBank will acquire Intel common stock at $23 per share, slightly below Intel’s…

Shares of Palo Alto Networks (NASDAQ:PANW) climbed more than 5% in premarket trading Tuesday after the cybersecurity firm posted quarterly results and issued guidance that exceeded Wall Street expectations. The company reported adjusted earnings of 95 cents per share for the fourth quarter ended in July, surpassing analysts’ consensus of 89 cents. Revenue came in…

The U.S. dollar slipped slightly on Tuesday, giving back earlier gains as investors remained cautious following the White House summit on Ukraine. By 04:40 ET (08:40 GMT), the Dollar Index, which tracks the greenback against six major currencies, was down 0.1% at 97.920, retreating from modest overnight gains. Dollar Holds in Narrow Range President Donald…

Nvidia (NASDAQ:NVDA) is reportedly developing a new artificial intelligence processor tailored for the Chinese market, built on its latest Blackwell architecture and expected to exceed the capabilities of its current H20 model, Reuters reported Tuesday, citing sources familiar with the matter. The chip, tentatively called the B30A, will feature a single-die design projected to deliver…

Gold prices were largely unchanged in Tuesday’s Asian session as investors stayed on the sidelines, awaiting clarity on a possible Russia-Ukraine peace deal and the upcoming Jackson Hole Symposium. The metal is recovering some losses from last week, when optimism grew that a meeting between U.S. President Donald Trump and Russian President Vladimir Putin could…

Oil prices fell in early Asian trading on Tuesday as investors weighed developments from U.S.-Ukraine discussions, with attention turning toward a potential meeting between Ukrainian President Volodymyr Zelenskiy and Russian President Vladimir Putin. At 01:05 ET (05:05 GMT), October Brent crude futures dropped 0.5% to $66.16 per barrel, while West Texas Intermediate (WTI) futures slipped…