ADVFN US – Market Content Editor

Penn Entertainment, Inc. (NASDAQ:PENN) reported second-quarter results on Thursday that surpassed analyst forecasts, with both adjusted earnings and revenue beating estimates. Shares rose 1.88% in pre-market trading following the earnings announcement. The casino and entertainment company posted adjusted earnings per share of $0.10, well above the consensus estimate of -$0.02. Revenue came in at $1.77…

Novo Nordisk (NYSE:NVO) shares jumped over 11% in premarket trading on Thursday following disappointing data on Eli Lilly’s oral obesity drug orforglipron, which raised concerns over its efficacy and tolerability. Wolfe Research described the 11.5% placebo-adjusted weight loss at 72 weeks as “modestly below investor expectations of 13–15%.” While analysts acknowledged the study cleared a…

Shares of GlobalFoundries (NASDAQ:GFS) rose 7% following the announcement of an expanded partnership with Apple (NASDAQ:AAPL) aimed at advancing wireless connectivity and power management technologies, strengthening U.S. leadership in semiconductor manufacturing. The enhanced collaboration will allow GlobalFoundries to accelerate investments at its semiconductor fabrication plant in Malta, New York. The partnership focuses on producing critical…

On Thursday, D-Wave Quantum Inc. (NYSE:QBTS) reported second-quarter results that fell short of analyst earnings expectations despite posting revenue gains. Shares fell 2.79% in pre-market trading following the announcement. The quantum computing firm posted an adjusted loss of $0.08 per share, missing the analyst estimate of a $0.05 per share profit. Revenue, however, rose to…

Dentsply Sirona (NASDAQ:XRAY) reported second-quarter earnings on Thursday that beat analyst forecasts, delivering adjusted earnings per share of $0.52, above the consensus estimate of $0.50. The dental equipment maker posted revenue of $936 million, slightly exceeding the projected $933.63 million, even as total sales declined compared to the same period last year. Shares rose 0.88%…

Playtika Holding Corp. (NASDAQ:PLTK) reported second-quarter results on Thursday that missed analyst expectations, causing shares to drop 3.9% as the mobile gaming company faced challenges with weakening performance in key titles. The company recorded adjusted earnings of $0.09 per share, well below the consensus estimate of $0.19. Revenue reached $696 million, slightly under the $705.4…

Spectrum Brands Holdings, Inc. (NYSE:SPB) reported third-quarter fiscal 2025 results on Thursday that fell short of analyst expectations, as the company faced tariff-related disruptions and weakening consumer demand. Adjusted earnings per share came in at $1.24, below the analyst forecast of $1.35, while revenue declined 10.2% year-over-year to $699.6 million, missing the consensus estimate of…

Acushnet Holdings Corp. (NYSE:GOLF), a global leader in golf equipment, reported second-quarter revenue that surpassed analyst forecasts, though its earnings came in slightly below expectations. Following the results, shares edged up 0.55% in premarket trading on Thursday. For the quarter, Acushnet posted revenue of $720.5 million, beating the consensus estimate of $717.39 million and marking…

Shares of Corning (NYSE:GLW) surged over 5% in premarket trading Thursday following Apple’s (NASDAQ:AAPL) announcement of a major $2.5 billion investment to produce all of its iPhone and Apple Watch cover glass at Corning’s facility in Harrodsburg, Kentucky. Bank of America (BofA) said the deal could unlock significant long-term gains for the glass manufacturer, noting,…

Zai Lab Limited (NASDAQ:ZLAB) reported second-quarter 2025 results that failed to meet revenue expectations, despite modest top-line growth, sending its shares down over 2% in pre-market trading. The biopharma firm posted revenue of $110 million for the quarter, falling short of the analyst consensus of $124.95 million. However, losses narrowed significantly, with earnings per share…