Category: Top Story

Praxis Precision Medicines (NASDAQ:PRAX) saw its stock soar 100% on Thursday after announcing strong topline data from two pivotal Phase 3 studies of ulixacaltamide HCl, its investigational treatment for essential tremor. In the parallel-group study (Study 1), patients receiving ulixacaltamide showed a statistically significant mean improvement of 4.3 points from baseline in the Modified Activities…

The Travelers Companies (NYSE:TRV) reported third-quarter earnings on Thursday that significantly beat analyst expectations, but its stock fell 3.51% in pre-market trading as investors reacted to higher asbestos-related charges. The insurer posted adjusted earnings of $8.14 per share, well above the $6.15 consensus estimate. Revenue came in at $12.47 billion, topping forecasts of $11.75 billion.…

Snowflake (NYSE:SNOW) saw its stock rise 5% on Thursday, while Palantir Technologies (NYSE:PLTR) gained 1%, after the two companies unveiled a strategic partnership to integrate Snowflake’s AI Data Cloud with Palantir’s Foundry and Artificial Intelligence Platform. The collaboration is designed to help organizations in both commercial and public sectors build more efficient data pipelines and…

U.S. Bancorp (NYSE:USB) posted stronger-than-expected third-quarter results on Thursday, powered by record revenue, rising fee income, and an improved net interest margin. Shares climbed 3.88% in pre-market trading after the announcement. The bank reported earnings per share of $1.22, topping the analyst estimate of $1.12, while total revenue hit a record $7.33 billion, surpassing expectations…

KeyCorp (NYSE:KEY) reported third-quarter results on Thursday that surpassed analyst expectations, supported by higher revenue and an improved net interest margin. The bank’s shares rose 1.52% in pre-market trading following the earnings release. Net income for the quarter came in at $454 million, or $0.41 per diluted share, beating the consensus estimate of $0.38. Total…

Marsh McLennan (NYSE:MMC) posted third-quarter results on Thursday that beat analyst expectations, supported by strong top-line growth and improved operating performance. The company’s stock edged down 0.20% in pre-market trading following the release. Adjusted earnings per share came in at $1.85, topping the consensus estimate of $1.79. Total revenue rose 11% year over year to…

Snap-on Incorporated (NYSE:SNA) posted stronger-than-expected third-quarter 2025 results on Thursday, beating Wall Street forecasts on both earnings and revenue. The stock slipped slightly by 0.20% in pre-market trading following the announcement. The company reported earnings per share of $5.02, topping analyst expectations by $0.39, while revenue came in at $1.19 billion, ahead of the $1.16…

Insteel Industries Inc. (NYSE:IIIN) reported fourth-quarter earnings on Thursday that came in below Wall Street expectations, even as the company posted solid year-over-year gains in both revenue and profit. Shares were little changed in pre-market trading, ticking up 0.16% following the release. For the quarter, the steel wire reinforcement manufacturer posted earnings of $0.74 per…

Shares of M&T Bank Corporation (NYSE:MTB) edged higher in pre-market trading on Thursday after the lender delivered third-quarter results that topped Wall Street expectations, supported by robust fee income and stronger credit metrics. The stock rose 0.76% ahead of the market open following the earnings release. For the third quarter, the Buffalo-based bank reported adjusted…

Manufacturing activity in the Mid-Atlantic region lost momentum this month, according to new data from the Federal Reserve Bank of Philadelphia. The bank’s latest survey revealed a sharp decline in its measure of current general activity, signaling a contraction in the regional factory sector. The Philly Fed’s diffusion index for current activity fell to -12.8…