Black Diamond Therapeutics has shared some promising news about their drug, silevertinib. It's being tested on people with a specific type of lung cancer. The results from the second phase of trials show that 60% of patients responded well to the treatment. This includes 25 partial responses and one
Equity LifeStyle Properties has announced a 5. 1% rent increase for 2026, a move that reflects both internal strategies and external pressures. This decision comes as the company navigates through some tough market conditions, especially in Canada. The CEO, Marguerite Nader, pointed out that despite
Spotify, the popular music streaming service, recently had a rough day on the stock market. The company's shares dropped over 11%, marking their worst performance since July 2023. The main issue? They didn't meet the financial goals set by Wall Street analysts. Let's break it down. Spotify's revenu
Best Buy has recently announced a change in its financial outlook for the year. This change is largely due to increased tariffs, which have raised the costs of many products the company sells. These tariffs are part of a broader trade policy that has been causing waves in the U. S. economy. The comp
The fashion world is buzzing with news from Abercrombie & Fitch. Despite a gloomy forecast due to tariffs, the company's shares skyrocketed. This unexpected reaction came after the retailer announced a significant drop in its profit outlook. Tariffs, particularly a 30% hit on imports from China and
Eli Lilly, a company based in Indianapolis, recently faced a blow when its stock prices dipped. The reason? Their weight-loss drugs, Zepbound and Mounjaro, didn't sell as well as expected. The company predicted they'd make about $13. 5 billion in the December quarter, which is less than what experts
Pfizer, one of the world's largest pharmaceutical companies, surprised many analysts with its third-quarter earnings. The company reported earnings of $1. 06 per share, well above the expected $0. 61. Sales also exceeded expectations, coming in at $17. 7 billion compared to the projected $14. 92 bil
General Motors (GM) held an investor day, but Wall Street seemed unimpressed. GM highlighted plans to boost profits for both electric and traditional vehicles. While GM believes it's ahead in the EV race, investors are waiting for more details. GM's CEO, Mary Barra, focused on efficiency and cost di
Cognizant Technology Solutions (NASDAQ:CTSH) has recently announced an update to its earnings guidance, reflecting the impact of its acquisition of Belcan, an engineering research and development services provider. The acquisition, which was completed for approximately $1.3B in cash and stock, has
