Equities Archives - Page 27 of 1061

2 minute read

Why Is Academy Sports And Outdoors Stock Falling Today?

June 11, 10:44 AM

Academy Sports and Outdoors Inc (NASDAQ: ASO) shares fell after reporting disappointing Q1 FY24 earnings. Revenue dropped to $1.36 billion, missing forecasts, with comparable sales down by 5.7%. Adjusted EPS also fell short of expectations, amidst challenging economic conditions impacting consumer spending.

ASO

2 minute read

Affirm Soars After Apple Partnership Announcement: What It Means For Users

By Nabaparna Bhattacharya

June 11, 10:11 AM

Affirm Holdings gains as Apple announces partnership, extending payment options to Apple Pay users in the US.

AAPL

2 minute read

Golden State Goes After Oil Giants: Lawsuit Targets Profits From Misleading On Climate Change

By Lekha Gupta

June 11, 9:55 AM

California AG targets major fossil fuel companies in amended complaint, seeks forfeiture of profits from illegal activities. Lawsuit claims deceptive practices and greenwashing by companies.

1 minute read

Rocket Lab Eyeing Semiconductors Expansion – Inks Initial Pact Worth $23.9M For CHIPS Act Funding

By Nabaparna Bhattacharya

June 11, 9:37 AM

Rocket Lab secures $23.9M CHIPS Act funding to expand semiconductor production for critical space missions.

RKLB

2 minute read

FDA Fast-Tracks Ipsen And Genfit’s New Liver Disease Treatment, Iqirvo

By Shivani Kumaresan

June 11, 9:18 AM

The U.S. FDA has granted accelerated approval for Iqirvo, a novel drug from Ipsen SA and Genfit SA, designed for treating primary biliary cholangitis (PBC). This approval, based on the drug's ability to reduce alkaline phosphatase levels, marks a significant advancement in therapies available for PBC.

GNFT

1 minute read

Why Is QuantaSing Stock Gaining Today?

By Nabaparna Bhattacharya

June 11, 8:30 AM

QuantaSing sees shares surge premarket as it launches a $20M share repurchase program, signaling confidence in its growth trajectory.

QSG

1 minute read

PAR Technology Sells Government Segment For $102M, Doubles Down on Restaurant Tech

By Lekha Gupta

June 11, 8:20 AM

PAR Technology announced sale of its Government segment, including subsidiaries PGSC and RRC, for $102 million, part of its strategy to sell non-core assets and reinvest for higher returns.

BAH

2 minute read

General Motors Reveals $6B Stock Buyback – What’s Going On?

By Nabaparna Bhattacharya

June 11, 7:58 AM

General Motors announces a $6 billion share repurchase plan, aiming to boost shareholder value amidst positive financial performance.

COST

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Why Is Eli Lilly Stock Trading Higher Premarket Tuesday?

By Shivani Kumaresan

June 11, 7:51 AM

Shares of Eli Lilly surged as an FDA advisory committee endorsed donanemab, an Alzheimer's treatment shown to significantly impact early-stage patients. The drug's benefits outstripped risks, setting the stage for a final FDA decision.

BIIB

3 minute read

Wall Street Holds Breath After Record Close For Fed Decision, CPI Data: Why This Analyst Sees Positive Inflation Trends Ahead

By Shanthi Rexaline

June 11, 7:26 AM

U.S. stock futures point to a weak start on Tuesday, signaling a pause after Monday’s record run. Global cues are negative and commodity prices weakened as well.

APO