ADVFN US – Market Content Editor
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Veradermics shares climb 9% after encouraging female hair loss trial results (MANE)
Veradermics (NYSE:MANE) shares rose 9% on Wednesday after the company reported positive Phase 2 clinical data for VDPHL01, its investigational oral treatment for female pattern hair loss. Phase 2 study delivers strong efficacy results The company released findings from Study 207, an open-label Phase 2 trial evaluating its extended-release oral minoxidil formulation in women with…
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LightPath Technologies shares climb after securing $11 million infrared camera contract (LPTH)
LightPath Technologies (NASDAQ:LPTH) shares gained 9% after the company announced it had secured an 11 million dollar follow-on order for infrared camera systems from a major global technology customer supporting counter-unmanned aircraft system (counter-UAS) applications. Repeat order strengthens customer relationship The latest contract represents another order from one of LightPath’s key customers and reinforces ongoing…
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U.S. producer prices unexpectedly decline, easing inflation outlook
PPI records surprise monthly fall New data from the U.S. Bureau of Labor Statistics showed that producer prices unexpectedly declined in the latest reporting period, offering fresh evidence that inflationary pressures may be easing. The Producer Price Index (PPI), which measures changes in prices received by producers for their goods and services, fell by 0.3…
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U.S. futures point higher as softer inflation boosts sentiment: Dow Jones, S&P, Nasdaq, Wall Street
U.S. stock index futures traded higher on Wednesday, indicating Wall Street could extend the previous session’s gains after fresh inflation data strengthened expectations that the Federal Reserve may be able to keep interest rates on hold. Producer price data adds to inflation optimism Investor sentiment improved after the U.S. Labor Department reported that producer prices…
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BNY beats second-quarter expectations as revenue and fee income surge (BNY)
BNY (NYSE:BNY) reported stronger-than-expected second-quarter results after higher fee income and net interest income drove double-digit revenue growth. Despite the earnings beat, the financial services company’s shares edged lower in premarket trading. Earnings and revenue top forecasts The company posted adjusted earnings per share of 2.45 dollars for the second quarter, exceeding analysts’ consensus estimate…
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PNC Financial tops second-quarter forecasts as capital markets business drives growth (PNC)
PNC Financial Services Group (NYSE:PNC) reported stronger-than-expected second-quarter results after record capital markets revenue and solid loan growth helped lift earnings above Wall Street expectations. The bank’s shares edged higher in premarket trading following the announcement. Earnings and revenue beat expectations PNC posted adjusted earnings per share of 4.85 dollars for the second quarter, exceeding…
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VCI Global reports FY2025 loss as restructuring weighs on earnings (VCIG)
VCI Global (NASDAQ:VCIG) reported a net loss for fiscal 2025 as restructuring costs and higher operating expenses offset growth in its technology and fintech businesses. Revenue declines as consulting business is spun off The Kuala Lumpur-based company posted a net loss of 30.2 million dollars for the year ended 31 December 2025, compared with a…
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M&T Bank tops second-quarter earnings forecasts as revenue and lending improve (MTB)
M&T Bank (NYSE:MTB) reported stronger-than-expected second-quarter results after higher lending activity and an improved net interest margin helped lift earnings above Wall Street forecasts. Despite the earnings beat, the bank’s shares were little changed in premarket trading. Earnings and revenue exceed estimates The regional lender posted adjusted earnings per share of 5.35 dollars for the…
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Pratt & Whitney acquires Aiir Innovations to strengthen AI-powered engine inspections (RTX)
Pratt & Whitney, a business unit of RTX (NYSE:RTX), has acquired Dutch technology company Aiir Innovations as it looks to expand the use of artificial intelligence across its aircraft engine inspection and maintenance operations. AI technology to enhance engine inspections According to a company announcement released on 15 July 2026, Aiir Innovations has developed AI-assisted…
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First Horizon beats second-quarter earnings forecasts as shares climb in premarket trading (FHN)
First Horizon (NYSE:FHN) reported better-than-expected second-quarter earnings, helping lift its shares more than 3 percent in premarket trading on Wednesday as the regional lender delivered higher profitability and continued loan growth. Earnings come in ahead of expectations The Memphis-based bank posted earnings per share of 0.54 dollars for the second quarter, ahead of analysts’ consensus…