ADVFN US – Market Content Editor

Madrigal Pharmaceuticals Inc. (NASDAQ:MDGL) saw its stock climb 6.1% following the announcement that the U.S. Patent and Trademark Office has issued a Notice of Allowance for its MASH treatment, Rezdiffra. The patent safeguards the FDA-approved use of Rezdiffra (resmetirom), the first and only FDA-approved therapy for adults suffering from noncirrhotic MASH with moderate to advanced…

Progressive Corp. (NYSE:PGR) posted second-quarter results that exceeded analyst expectations by a wide margin, pushing its shares up 4.3% as investors welcomed the insurer’s solid profitability. For the quarter ending June 30, 2025, Progressive reported adjusted earnings per share of $5.40, outperforming the consensus estimate of $4.36 by $1.04. Revenue reached $20.08 billion, slightly under…

Qualigen Therapeutics (NASDAQ:QLGN) saw its stock jump 80% following news that it secured new patents spanning 25 countries for its cancer drug QN-302. The patents, titled “Substituted Naphthalene Diimides and Their Use,” cover both the product and the manufacturing processes for QN-302. This drug was developed by Professor Stephen Neidle and his team at University…

Unity Software (NYSE:U) shares surged 8% in premarket trading on Wednesday following Jefferies analyst Brent Thill’s decision to raise his price target on the gaming software firm to a Street-high $35, up from $29. The upgrade comes amid growing optimism around Unity’s Vector product, with Thill highlighting that positive mentions rose from 7 in Q1…

Prologis Inc (NYSE:PLD) reported second-quarter earnings below Wall Street forecasts and lowered its full-year profit guidance. However, the revised outlook surpassed consensus expectations due to “strong” leasing demand. This upbeat forecast helped lift Prologis shares by 1.55% to $110 during premarket trading on light volume. The logistics-focused real estate investment trust posted Q2 earnings per…

Tempus AI, Inc. (NASDAQ:TEM) saw its stock rise 3% on Wednesday following the announcement that the company obtained 510(k) clearance from the U.S. Food and Drug Administration for its Tempus ECG-Low EF software. This AI-driven tool is designed to detect patients who might have a low left ventricular ejection fraction (LVEF)—a key measure of how…

Shares of Hewlett Packard Enterprise (NYSE:HPE) increased by 0.5% following news of a collaboration agreement with activist investor Elliott Investment Management. The tech firm announced it will establish a new Strategy Committee within its Board of Directors to explore avenues for enhancing shareholder value. As part of the deal, Robert Calderoni—an experienced tech leader and…

Morgan Stanley (NYSE:MS) outperformed Wall Street forecasts for the second quarter, posting stronger-than-expected earnings and revenue as client activity surged across multiple business lines. The firm reported earnings per share of $2.13, outpacing the consensus estimate of $1.98. Revenue climbed to $16.8 billion, surpassing analyst projections of $16.01 billion. Revenue from Institutional Securities came in…

Goldman Sachs Group, Inc. delivered better-than-expected earnings for the second quarter, fueled by robust gains in its Global Banking & Markets segment, which helped lift revenue by 15% year-over-year. The investment bank reported earnings of $10.91 per share, beating Wall Street expectations by $1.32, as analysts had forecast $9.59. Total revenue for the quarter reached…

Shares of Rigetti Computing (NASDAQ:RGTI) gained 5% after the company announced a major technical breakthrough with the successful demonstration of the industry’s largest multi-chip quantum computer—while also cutting error rates significantly. The company hit its mid-year target by achieving 99.5% median two-qubit gate fidelity on its modular 36-qubit platform. This represents a 50% improvement in…