Month: February 2025

A little-known biotech company stunned the biopharmaceutical industry last spring when it declared an “unprecedented” achievement: its experimental cancer drug looked more effective than Merck‘s Keytruda in a clinical trial. The company, Summit Therapeutics, licensed the drug from Chinese company Akeso Inc.  In October, a group of life science investors announced they were putting $400
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In this article BARC-GB Follow your favorite stocksCREATE FREE ACCOUNT Chris Ratcliffe | Bloomberg | Getty Images Shares of British bank Barclays sank in early Thursday trade, after the lender’s forward guidance failed to impress despite its full-year pre-tax profit beat. Pretax profit rose by 24% to £8.108 billion in 2024, just above an analyst
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In this article CVS Follow your favorite stocksCREATE FREE ACCOUNT David Joyner, a longtime CVS executive, speaks during a Senate Health, Education, Labor and Pensions Committee hearing in Washington, D.C., on May 10, 2023. Al Drago | Bloomberg | Getty Images CVS Health CEO David Joyner on Wednesday defended controversial pharmacy middlemen like his company’s
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In this article APP Follow your favorite stocksCREATE FREE ACCOUNT Adam Foroughi, CEO of AppLovin. CNBC AppLovin shares soared almost 30% in extended trading on Wednesday after the company reported earnings and revenue that sailed past analysts’ estimates and issued better-than-expected guidance. Here’s how the company performed compared with analysts’ expectations, according to LSEG: Earnings
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Elon Musk speaks next to President Donald Trump, not pictured, in the Oval Office of the White House in Washington, D.C., Feb. 11, 2025. Kevin Lamarque | Reuters Staffers from Elon Musk‘s secretive government slashing effort, DOGE, have pushed the highest-ranking officials at the Department of Education — even those recently appointed by President Donald
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In this article CSCO Follow your favorite stocksCREATE FREE ACCOUNT Cisco CEO Chuck Robbins speaking on CNBC’s “Squawk Box” outside the World Economic Forum in Davos, Switzerland, on Jan. 22, 2025. Gerry Miller | CNBC Cisco shares climbed about 6% in extended trading on Wednesday after the networking hardware maker reported fiscal second-quarter results and
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In this article QSR-CA Follow your favorite stocksCREATE FREE ACCOUNT The Burger King logo is displayed at a Burger King fast food restaurant on January 17, 2024 in Burbank, California. Mario Tama | Getty Images Restaurant Brands International on Wednesday reported same-store sales growth of 2.5%, fueled by the better-than-expected performance from Burger King’s and
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Sen. Elizabeth Warren, D-Mass. Tom Williams | Cq-roll Call, Inc. | Getty Images Sen. Elizabeth Warren is urging the Federal Deposit Insurance Corp. to reevaluate the decision to rescind more than 200 job offers to bank examiners in the wake of President Donald Trump‘s federal hiring freeze. The FDIC is already severely understaffed, which “threatens
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In this article FOXA Follow your favorite stocksCREATE FREE ACCOUNT Philadelphia Eagles head coach Nick Sirianni and quarterback Jalen Hurts celebrate with the Vince Lombardi Trophy after winning Super Bowl 59. Mike Segar | Reuters The Philadelphia Eagles weren’t the only ones that scored big at the Super Bowl. The National Football League’s championship game
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In this article SMCI Follow your favorite stocksCREATE FREE ACCOUNT Super Micro Computer CEO Charles Liang at the Computex conference in Taipei, Taiwan, on June 5, 2024. Annabelle Chih | Bloomberg | Getty Images Super Micro Computer gave optimistic commentary for its fiscal 2026 and delayed annual report that overshadowed its slashed fiscal 2025 revenue
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