Category: Latest News
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Blaize Holdings Stock Doubles on $120 Million AI Contract Across Asia
Shares of Blaize Holdings, Inc. (NASDAQ:BZAI) surged 100% after the edge AI computing firm unveiled a major international deal that is expected to generate at least $120 million in revenue over the next 18 months. The agreement, signed with Starshine Computing Power Technology Limited, will bring Blaize’s Graph Streaming Processor (GSP) platform to smart city…
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Viatris Shares Dip After Blepharitis Treatment Fails to Hit Main Study Goal
Viatris Inc. (NASDAQ:VTRS) saw its stock drop 3.6% following news that its late-stage trial for MR-139, a potential treatment for blepharitis, did not achieve its primary endpoint. The Phase 3 study, which was randomized, double-masked, and vehicle-controlled, tested pimecrolimus 0.3% (MR-139) ophthalmic ointment in patients suffering from blepharitis. The trial aimed to measure the complete…
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Ether-Linked Stocks Rally as Cryptocurrency Surges to Highest Level Since January
Stocks tied to the cryptocurrency ether posted notable gains in premarket trading Friday, after the digital asset surged to its highest price in six months. BitMine Immersion Technologies (NASDAQ:IMMR), a major holder of ether with roughly $1 billion in the cryptocurrency, jumped 14%. Other ether-exposed companies, including Bit Digital (NASDAQ:BTBT) and BTCS (NASDAQ:BTCS), climbed 4%…
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American Express Tops Q2 Estimates as Spending Hits Record High; Shares Advance
American Express (NYSE:AXP) exceeded Wall Street expectations for the second quarter, buoyed by record-breaking card member spending and steady credit performance. The company’s stock gained 2% in premarket trading following the earnings release. Adjusted earnings per share came in at $4.08, beating analyst forecasts of $3.87. Revenue climbed 9% year-over-year to $17.86 billion, slightly ahead…
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Comerica Tops Q2 Forecasts on Strong Loan Growth and Higher Earnings
Comerica Incorporated (NYSE:CMA) delivered stronger-than-expected second-quarter results on Friday, driven by broad-based loan expansion and stable interest income. The bank posted net income of $199 million, translating to $1.42 per share—comfortably above Wall Street estimates of $1.25 per share. Revenue also came in ahead of projections at $849 million, surpassing the consensus figure of $843.63…
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Truist Shares Dip After Slight Q2 Earnings Miss
Truist Financial Corp. (NYSE:TFC) reported second-quarter 2025 results on Friday that narrowly missed Wall Street expectations, leading to a dip in its share price during premarket trading. The regional banking giant posted adjusted earnings per share of $0.91, just below analysts’ forecast of $0.92. Following the release, the stock slipped 1.42% in premarket action, reflecting…
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3M Shares Climb After Q2 Earnings Top Forecasts, Outlook Raised
Shares of 3M Co. (NYSE:MMM) rose 2.7% in premarket trading on Friday after the industrial giant delivered better-than-expected second-quarter results and boosted its full-year guidance, showing resilience despite ongoing tariff-related challenges. For the second quarter, 3M reported adjusted earnings per share of $2.16, beating Wall Street’s estimate of $2.01. Revenue climbed to $6.3 billion, topping…
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Sarepta Shares Sink After Patient Death in Early-Stage Gene Therapy Trial
Sarepta Therapeutics (NASDAQ:SRPT) saw its stock plummet in premarket trading Friday following the disclosure of a patient death linked to one of its gene therapy trials. According to Bloomberg, the incident occurred during an early-stage study targeting limb-girdle muscular dystrophy. A company spokesperson told Bloomberg that the patient passed away last month due to acute…
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Autoliv Tops Q2 Expectations, Raises Full-Year Organic Sales Growth Forecast
Autoliv (NYSE:ALV), the global leader in automotive safety systems, reported better-than-expected second-quarter results on both earnings and revenue, and raised its full-year outlook for organic sales growth. The Swedish company delivered earnings per share (EPS) of $2.16 for the second quarter, beating the analyst consensus of $2.02. Revenue rose by 4.2% year-over-year to $2.71 billion,…
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Interactive Brokers Beats Q2 Projections on Strong Trading Activity, Shares Rise
Interactive Brokers Group (NASDAQ:IBKR) reported impressive second-quarter earnings on Thursday, surpassing Wall Street expectations thanks to a significant increase in client trading and steady growth in net interest income. Shares jumped nearly 5% in premarket trading on Friday. The brokerage firm posted earnings per share of $0.51, exceeding the analysts’ forecast of $0.46. Revenue rose…