Category: Latest News
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Freshpet shares climb as Q2 earnings triple analyst expectations
Freshpet, Inc. (NASDAQ:FRPT) reported second-quarter earnings that far exceeded analyst estimates, pushing its shares up more than 3% in premarket trading despite a slight revenue miss and lowered sales guidance. The pet food maker posted adjusted earnings per share of $0.33, tripling the consensus estimate of $0.11. Revenue grew 12.5% year-over-year to $264.7 million but…
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Waters shares jump 3% as strong pharma demand fuels Q2 earnings beat
Waters Corporation (NYSE:WAT) saw its stock rise 2.99% in pre-market trading Monday after reporting second-quarter results that exceeded expectations, driven by solid instrument replacement activity among pharmaceutical clients and notable growth in recurring revenue. The analytical instruments company posted adjusted earnings of $2.95 per share for the quarter, slightly surpassing the analyst estimate of $2.94.…
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BioNTech shares climb over 2% as Q2 revenue doubles, Bristol Myers partnership boosts outlook
BioNTech SE (NASDAQ:BNTX) saw its shares rise 2.45% in pre-market trading Monday following a strong second-quarter report that doubled year-over-year revenue to €260.8 million, well above analysts’ forecast of €137.9 million. The biotech company posted a net loss of €386.6 million, or -€1.60 per share, slightly wider than the anticipated -€1.41 per share. The revenue…
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Harley-Davidson names Artie Starrs as new CEO
Harley-Davidson Inc. (NYSE:HOG) revealed that its board has chosen Artie Starrs to take over as president and chief executive officer starting October 1, 2025. Starrs arrives at the iconic Milwaukee motorcycle company from Topgolf Callaway Brands, where he was CEO of the Topgolf International division. Over his four and a half years leading Topgolf, he…
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Wayfair shares jump after Q2 profit and revenue surpass forecasts
Wayfair Inc. (NYSE:W) stock soared 12.3% following the release of its second-quarter results, which notably outperformed analyst expectations and marked the company’s strongest revenue growth and profitability since 2021. For the quarter ending June 30, 2025, Wayfair reported adjusted earnings of $0.87 per share, well above the forecasted $0.33. Revenue climbed 5% year-over-year to $3.27…
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Tower Semiconductor shares climb over 2% following Q2 earnings beat
Tower Semiconductor (NASDAQ:TSEM) saw its shares increase by 2.42% in pre-market trading Monday after releasing second-quarter results that surpassed analyst expectations, fueled by expansion in its RF infrastructure segment linked to data center and AI growth. The chip manufacturer reported adjusted earnings of $0.50 per share for Q2, outpacing the $0.43 per share consensus. Revenue…
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TMC stock climbs after unveiling world’s first polymetallic nodule reserves and $23.6B in project value
Shares of TMC the metals company Inc. (NASDAQ:TMC) jumped 11% on Monday following the release of two major economic studies, which together estimated a combined project value of $23.6 billion and included the historic declaration of the world’s first polymetallic nodule mineral reserves. The deep-sea mining firm published a Pre-Feasibility Study (PFS) for its NORI-D…
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Steelcase stock skyrockets after $2.2B acquisition deal with HNI Corporation
Shares of Steelcase Inc. (NYSE:SCS) soared more than 50% on Monday following news that HNI Corporation (NYSE:HNI) plans to acquire the office furniture manufacturer in a transaction valued at approximately $2.2 billion, combining cash and stock. As part of the agreement, Steelcase investors will receive $7.20 in cash and 0.2192 shares of HNI common stock…
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Artelo Biosciences shares surge after unveiling $9.5M private placement tied to Solana-based treasury plan
Artelo Biosciences (NASDAQ:ARTL) saw its stock jump 20% on Monday following news of a $9.475 million private placement aimed at launching a treasury strategy based on Solana (SOL), the blockchain network’s native cryptocurrency. The clinical-stage biopharma company disclosed that it entered into a securities purchase agreement priced at $10.45 per share, encompassing both common stock…
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Amphenol shares rise on $10.5B deal to acquire CommScope business unit
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…