Constellation Brands Beats Q2 Earnings Estimates and Signals Stronger Outlook
Constellation Brands topped second-quarter expectations and hinted at reaching the high end of its yearly forecasts as beer demand starts to recover.
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Webull Rejects Congressional Panel Findings of Structural Ties to China
Webull Corporation (BULL) says a congressional report claiming structural ties to China gets key facts wrong, as its shares decline.
US Weekly Jobless Claims Hold at 197K in Longest Sub-200K Streak Since 1969
US weekly jobless claims fell to 197,000, extending a historic streak. While layoffs remain low, weak hiring keeps pressure on the Federal Reserve.
Tata Consultancy Services Beats Q2 Estimates as AI Revenue Run-Rate Reaches $3.1 Billion
Tata Consultancy Services beat second-quarter profit and revenue expectations, driven by international growth and a rising AI run-rate.
US Government Transfers $1.01 Billion in Seized Bitfinex Hack Bitcoin
The US government transferred $1.01 billion in Bitcoin seized from the 2016 Bitfinex hack to new wallets, indicating custody management.
Viatris to Acquire Pacira BioSciences for $1.65 Billion to Expand Non-Opioid Pain Portfolio
Viatris is buying Pacira BioSciences for $1.65 billion to expand its non-opioid pain treatment portfolio and boost its innovative medicines business.
Glaukos Reports Positive Three-Year Epioxa Data and Secures Retinal Licensing Deal
Glaukos Corporation shares fell despite positive three-year data for its keratoconus treatment Epioxa and a new retinal therapy licensing agreement.
Ortelius International AB to Vote on 50-to-1 Reverse Share Split at November EGM
Ortelius International AB is seeking shareholder approval for a 50:1 reverse share split and an auditor change at its upcoming EGM on November 10.
Goldman Sachs Triggers Regulatory Ownership Threshold in Nagarro SE
Nagarro SE shares are under watch after Goldman Sachs crossed a regulatory ownership threshold, potentially affecting stock liquidity.
Devon Energy to Sell Eagle Ford Assets to Crescent Energy for 4.2 Billion Dollars
Devon Energy is selling its Eagle Ford assets to Crescent Energy for $4.2 billion in cash to fund share buybacks and pay down debt.
Securitize Launches Tokenized U.S. Stocks on Solana Blockchain
Securitize launches tokenized U.S. shares on Solana, offering 1:1 backed assets with dividends and voting rights for eligible investors.
ExxonMobil Shares Rise on Methane Rule Rollback and Surging Crude Prices
ExxonMobil shares climbed over 3% as the EPA proposed rolling back methane rules, potentially saving the oil industry billions amid rising crude prices.
Medicare Premium Rebate Highlights Massive Economic Power of US Retirees
A $90 Medicare rebate is reaching 20.8 million retirees, but the real story for investors is the group's massive spending power and its market impact.
Bitwise to Close Dogecoin ETF as CEO Notes Disconnect with Crypto Buyers
Bitwise is shutting down its Dogecoin ETF after struggling to attract assets, highlighting a gap between ETF investors and retail crypto users.
GlobalFoundries Secures $2 Billion TSMC Deal for US AI Chip Packaging
GlobalFoundries has signed a $2 billion deal with TSMC to supply US-made silicon interposers, boosting domestic AI chip packaging starting in 2028.
Rocket Pharmaceuticals Upgraded by Goldman Sachs on Danon Disease Therapy Progress
Rocket Pharmaceuticals was upgraded to Neutral by Goldman Sachs following clinical and regulatory updates for its Danon disease gene therapy.
Trump Rules Out Iran Military Strike Before Midterm Elections, Cooling Oil Price Rally
U.S. President Donald Trump ruled out military action against Iran before the midterms, easing supply fears and cooling crude oil's price rally.
NIKE Shares Slide on Weak First-Quarter Revenue and Cautious Fiscal 2027 Outlook
NIKE reports a decline in first-quarter revenue and projects a high-single-digit sales drop for fiscal 2027 as restructuring efforts continue.
Ryder System Expands Used Truck Network with Two New Jersey Facilities
Ryder System, Inc. has opened two new used truck centers in northern New Jersey to strengthen its logistics and fleet services in the Northeast.
Monster Beverage Shares Rise as Brand Expansion and New Products Fuel Growth
Monster Beverage Corporation sees strong sales growth from its Ultra and Juice brands, outperforming the industry over the last six months.