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What’s Going On With Pure Storage Stock Thursday?

By Dylan Berman
May 30, 2:39 PM
Pure Storage reported financial results for the first quarter of fiscal-year 2025 after the market close on Wednesday. The results included adjusted EPS of 32 cents, which came in ahead of analyst estimates of 21 cents. The company also reported sales of $693.47 million, beating analyst estimates of $680.97 million.

PSTG

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Why ReShape Lifesciences Stock Is Moving Higher Wednesday

By Dylan Berman
May 29, 10:47 AM
ReShape Lifesciences reported that it gained approval from the United States Patent and Trademark Office for its application entitled, "Intragastric Device (For Treating Obesity)." In the patent filings, the company described the product as a swallowable implant that expands via a balloon in the stomach to induce a feeling of fullness, helping to restrict food intake.

RSLS

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Why Sea Limited Shares Are Trading Lower Today

By Dylan Berman
May 28, 12:48 PM
E-commerce platform Shopee, which is owned by Sea Limited, was accused of violating anti-competition rules on Tuesday by Indonesia's antitrust agency. The agency known as KPPU stated that the local unit of Shopee directed customers to use certain delivery services, violating anti-competition rules.

SE

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What’s Going On With T-Mobile Stock Tuesday?

By Dylan Berman
May 28, 11:59 AM
T-Mobile announced Tuesday that it will acquire nearly all of UScellular's wireless operations for approximately $4.4 billion, including UScellular's wireless customers and stores. The deal will expand T-Mobile's network to millions of new customers including those in underserved rural areas.

TMUS

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What’s Going On With Energy Transfer Stock Tuesday?

By Dylan Berman
May 28, 10:37 AM
Energy Transfer said it entered into a definitive agreement to acquire WTG Midstream from affiliates of Stonepeak, Davis Estate and Diamondback Energy. The transaction, which is valued at $3.25 billion, will include $2.45 billion in cash and about 50.8 million newly issued common units from Energy Transfer.

ET