ADVFN US – Market Content Editor
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US Building Permits Fall at Slower Pace, Pointing to Signs of Stability
The latest data on US building permits, a closely monitored indicator of future economic activity, showed a much milder decline than in the prior period, offering tentative signs of resilience in the construction sector. Permits fell by just 0.2%, marking a clear moderation from earlier weakness. While the reading still reflects a contraction, it was…
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US Nonfarm Payrolls Miss Forecasts, Raising Concerns Over Growth Momentum
The latest US Nonfarm Payrolls report delivered a weaker-than-expected outcome, pointing to a possible loss of momentum in the world’s largest economy. Job creation came in at just 50,000 for the most recent month, well below market expectations of around 66,000 new positions. The figure also marks a slowdown from the prior month, when payrolls…
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Aquestive Shares Slide After FDA Flags Issues in Anaphylm Filing
Aquestive Therapeutics (NASDAQ:AQST) saw its shares plunge about 40% on Friday after the company said the U.S. Food and Drug Administration has raised deficiencies in its New Drug Application for Anaphylm, a sublingual film designed to treat severe allergic reactions. The FDA informed the company that the identified issues currently “preclude discussion of labeling and…
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uniQure Shares Jump After FDA Meeting Set to Review Huntington’s Gene Therapy
uniQure N.V. (NASDAQ:QURE) surged around 15% in early trading on Friday after the company said it has secured a Type A meeting with the U.S. Food and Drug Administration to discuss its Biologics License Application for AMT-130. The scheduled meeting will centre on the data package supporting a potential accelerated approval pathway for AMT-130, uniQure’s…
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Polestar CEO Says Europe Dominates Sales Mix as Expansion Continues
Polestar (NASDAQ:PSNY) is seeing the bulk of its momentum come from Europe, with chief executive Michael Lohscheller saying on Friday that the region accounted for 78% of the company’s total sales over the full year. By contrast, the United States contributed just 7% of overall sales during the same period, highlighting the current imbalance in…
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Insmed Shares Jump on Robust BRINSUPRI Rollout and ARIKAYCE Outperformance
Insmed Incorporated (NASDAQ:INSM) saw its shares surge about 8% on Friday morning after reporting strong preliminary revenue figures for 2025, driven by a successful market debut for BRINSUPRI and ARIKAYCE sales that came in ahead of expectations. The company said unaudited revenue from BRINSUPRI (brensocatib) totalled roughly $144.6 million in its first full quarter of…
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Carter’s Delivers Strong Q4 Sales Growth, Extending Retail Momentum
Carter’s, Inc. (NYSE:CRI) said on Friday that preliminary results show consolidated net sales rose by a high single-digit percentage in the fourth quarter of fiscal 2025, marking a third straight quarter of comparable retail sales growth. Shares in the children’s clothing group climbed 0.89% following the update. In the U.S. Retail segment, net sales increased…
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FormFactor to Merge California Operations, Impacting Up to 300 Roles
FormFactor (NASDAQ:FORM) said on Friday it will consolidate its manufacturing footprint in California as part of a broader restructuring designed to improve gross margins and better align its production capabilities. The company plans to combine operations at its facilities in Carlsbad and Baldwin Park. As a result, between 200 and 300 employees are expected to…
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Mizuho Cuts Qualcomm to Neutral on Rising Smartphone Pressures
Qualcomm (NASDAQ:QCOM) came under fresh selling pressure on Friday, with shares down about 1.4% in premarket trading after Mizuho downgraded the stock to Neutral, pointing to growing challenges in the global handset market and the loss of modem business at Apple (NASDAQ:AAPL). In a note, analyst Vijay Rakesh said Mizuho is “downgrading QCOM to Neutral…
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Hurco Posts Wider Q4 Loss as Sales Decline Amid Tough Operating Conditions
Hurco Companies, Inc. (NASDAQ:HURC) reported a larger loss for the fourth quarter of fiscal 2025 on Friday, as revenue dropped sharply year on year, with the machine tool manufacturer pointing to tariff pressures and a difficult macroeconomic backdrop throughout the year. Shares were flat in premarket trading following the release. Hurco posted a net loss…