U.S. stocks pushed higher on Friday as investors continued to show optimism towards the AI theme and positioned into December's "triple witching" session. By midday trading in New York, the Nasdaq-100 led gains, with megacap tech and chipmakers rebounding after…
FedEx Corporation (NYSE:FDX) on Thursday reported second-quarter revenue of $23.5 billion, beating analyst estimates of $22.79 billion and adjusted earnings of $4.82 per share, beating estimates of $4.11 per share. FedEx now expects revenue to be up 5% to 6% in fiscal 2026, versus prior guidance for growth…
Altimmune Inc. (NASDAQ:ALT) on Friday shared topline results from the IMPACT Phase 2b trial of pemvidutide. Patients had metabolic dysfunction-associated steatohepatitis (MASH) at 48 weeks. MASH is a liver disease marked by excess liver fat (steatosis) alongside inflammation and liver…
BlackBerry Limited (NYSE:BB) stock fell on Friday despite a third-quarter earnings and revenue beat, as well as a higher fiscal 2026 outlook. Investors instead focused on analyst caution around slowing QNX growth, overshadowing stronger profitability and resilient Secure Communications performance.…
Merck & Co. Inc. (NYSE:MRK) will not exercise its option for Evaxion A/S (NASDAQ:EVAX) Gonorrhea vaccine candidate EVX-B2. Gonorrhoea is a common, sexually transmitted infection caused by Neisseria gonorrhoeae. Consequently, Evaxion retains global rights to EVX-B2 and will look for…
While the gold market tends to dominate the precious metals discourse, it's silver that is currently consuming investors' attention at this hour. In early October, silver reached a historical threshold, climbing to $50 per ounce and smashing the previous record…
Although the broader equities market can occasionally vacillate between order and outright chaos, small-capitalization enterprises tend to amplify the extreme ends of behavioral distribution. By their nature, businesses that are less financially resourced must operate with tighter margins for error.…
Shares of Nike Inc (NYSE:NKE) continued to tank in early trading on Friday, even after the company Thursday reported upbeat fiscal second-quarter results. Here are the key analyst takeaways: Needham analyst Tom Nikic reaffirmed a Buy rating, while cutting the…
Accenture Plc (NYSE:ACN) executives on the first-quarter earnings call said client demand has increased steadily over the past nine quarters, with roughly 100 incremental clients initiating AI projects during that period. Management cautioned, however, that AI deployments remain in early…
U.S. stocks were higher, with the Dow Jones index gaining more than 250 points on Friday. Shares of Carnival PLC (NYSE:CUK) rose sharply during Thursday's session after the company announced better-than-expected fourth-quarter adjusted EPS results and issuedFY26 adjusted EPS guidance…