Category: Top Story

Alkermes (NASDAQ:ALKS) shares fell 15% after the company released topline results from its Vibrance-2 Phase 2 trial of alixorexton in patients with narcolepsy type 2. Despite demonstrating strong efficacy, the data failed to fully convince investors. The Dublin-based biopharma firm reported that alixorexton met both primary endpoints, showing statistically significant improvements in wakefulness and excessive…

Vista Energy (NYSE:VIST) announced an ambitious new growth strategy targeting a 50% increase in shale oil production by 2030, rising from 130,000 barrels of oil equivalent per day (boe/d) in the second half of 2025 to over 200,000 boe/d by the end of the decade. During its capital markets day, the company outlined plans to…

Amentum (NYSE:AMTM) shares climbed 2% in U.S. premarket trading after the company announced it had won a major contract worth up to $995 million from the U.S. Air Force Air Combat Command to provide Remotely Piloted Aircraft Maintenance Support. The Indefinite Delivery/Indefinite Quantity (IDIQ) contract will run for a five-year ordering period, supporting the modernization…

BioNexus Gene Lab Corp. (NASDAQ:BGLC) shares jumped 10% after the company announced strategic agreements with Fidelion Diagnostics to jointly commercialize VitaGuard, a next-generation liquid biopsy platform for minimal residual disease (MRD) testing across Southeast Asia. Under the definitive agreements, BioNexus will acquire newly issued Fidelion shares representing at least 15% of Fidelion’s fully diluted equity,…

Arcos Dorados Holdings Inc. (NYSE:ARCO) — the world’s largest independent McDonald’s franchisee — reported third-quarter 2025 results that met earnings expectations while delivering solid sales growth, sending its shares up 4.0% in pre-market trading on Wednesday. The company posted adjusted earnings of $0.71 per share, a sharp increase from $0.17 per share in the same…

Gilat Satellite Networks Ltd. (NASDAQ:GILT) shares climbed 7.1% in pre-market trading on Wednesday after the satellite communications company posted strong third-quarter results that surpassed analyst forecasts, boosted by broad-based revenue growth across its core markets. The company reported adjusted earnings of $0.19 per share, easily topping consensus estimates of $0.11. Revenue surged 58% year-over-year to…

TransDigm Group (NYSE:TDG) shares fell 2.6% in pre-market trading on Wednesday, after the aerospace components manufacturer issued fiscal 2026 guidance that disappointed some investors, despite posting strong fourth-quarter results ahead of analyst forecasts. The company reported adjusted earnings of $10.82 per share for the fourth quarter, topping consensus estimates of $10.07. Revenue rose 11.5% year-over-year…

TIC Solutions, Inc. (NYSE:TIC) reported a third-quarter net loss of $0.08 per share, missing analyst expectations of a $0.17 per share profit, even as the company delivered strong revenue growth. Total revenue reached $473.9 million, up 56% year-over-year from the combined $303 million reported during the same quarter of 2024. Following the announcement, shares of…

Caesarstone Ltd. (NASDAQ:CSTE) shares edged 1.9% higher in pre-market trading on Wednesday, as investors looked past weaker-than-expected third-quarter results and focused instead on the company’s strategic restructuring plan aimed at restoring profitability. The engineered surfaces manufacturer reported revenue of $102.1 million, below the analyst consensus of $108 million and down 5.1% year-over-year. Adjusted earnings per…

Perion Network Ltd. (NASDAQ:PERI) shares rose 4% on Wednesday, extending pre-market gains after the advertising technology company delivered third-quarter earnings that topped analyst forecasts, supported by strong growth in its connected TV (CTV) segment. The company reported adjusted earnings per share of $0.28, above the consensus estimate of $0.25. Revenue rose 8% year-over-year to $110.5…