Costco recently reported strong sales growth in May, with comparable sales up and surpassing earnings estimates. Investors can access stock through XLP and FSTA ETFs.
Vista Outdoor shares rose after its Board rejected MNC Capital's acquisition proposal, stating it undervalued the company. Additionally, Vista Outdoor received a $2 billion takeover interest for its Kinetic Group from a U.S.-based private investment firm. The Board believes this offer could lead to a superior proposal.
Spectaire Holdings shares are trading higher Monday after the company announced a purchase order and delivery of its advanced AireCore units to American Ag Energy. Here's a look at what's going on:
Eli Lilly reports detailed results from the SYNERGY-NASH phase 2 study. The trial, involving 190 patients with and without type 2 diabetes, showed tirzepatide met the primary endpoint, achieving MASH resolution without fibrosis worsening. Participants taking 5 mg, 10 mg, and 15 mg doses saw significant improvements compared to placebo, presented at the EASL Congress 2024.
Virgin Galactic has announced the successful completion of its "Galactic 07" flight carrying one researcher and three private astronauts. The researcher collected physiological data related to human spaceflight and examined the ability to administer accurate insulin doses in microgravity.