Latest News Releases From The Newsroom
Breaking: Microsoft's Reconstructed Activision Bid Under UK's CMA Examination
August 22nd, 2023
The UK's Competition and Markets Authority (CMA) has initiated a phase 1 investigation into Microsoft Corporation's (Nasdaq: MSFT) restructured deal to acquire Activision Blizzard, Inc. (Nasdaq: ATVI). This comes after the CMA previously blocked the . Read more
Baidu and iQIYI Outperform Wall Street Expectations
August 22nd, 2023
Baidu, Inc. (Nasdaq: BIDU), a leading Chinese technology company, unveiled second-quarter 2023 earnings per American depositary share (ADS) of $3.11, outperforming the consensus estimate of $2.32. The company's quarterly sales reached $4.70 billion, . Read more
Lockheed Martin Bags $347M+ Contract Modification; Nordson Posts Mixed Results, Outlook Disappoints
August 22nd, 2023
Lockheed Martin Aeronautics Company, a major division of Lockheed Martin Corporation (NYSE: LMT), has secured a $347,435,068 firm-fixed-price modification to a previously awarded indefinite-delivery/indefinite-quantity contract. This addition expands. Read more
$20.4M Financing Fuels ProMIS Neurosciences; Dragonfly Energy Misses Estimates
August 21st, 2023
Shares of ProMIS Neurosciences Inc. (Nasdaq: PMN) surged over 20% in after-hours trading following the announcement of a private investment financing for gross proceeds of approximately $20.4 million. The financing is set to conclude on August 23, 20. Read more
Earnings Breakthrough: Fabrinet and Zoom Video Outperform Expectations
August 21st, 2023
Fabrinet (NYSE: FN), a prominent provider of optical and electronic manufacturing services, unveiled fourth-quarter fiscal 2023 earnings of $1.86 per share, surpassing the consensus EPS estimate of $1.80. The company's quarterly sales totaled $655.87. Read more
Breaking: UK's CMA Greenlights Broadcom’s Acquisition of VMware
August 21st, 2023
In a significant development, the UK's Competition and Markets Authority (CMA) has given its green light to Broadcom Inc.'s (Nasdaq: AVGO) ambitious $69 billion acquisition of VMware, Inc. (NYSE: VMW), following a comprehensive Phase 2 investigation.. Read more
Bullish Views for XPeng and Blueprint Medicines
August 21st, 2023
XPeng Inc. (NYSE: XPEV), a leading Chinese electric vehicle manufacturer, received a boost in investor sentiment as BofA Securities upgraded the company from Neutral to Buy and raised the price target from $16.30 to $22.00. Considering that $XPEV . Read more
Earnings Countdown: Dycom, Peloton, and Foot Locker on the Horizon
August 20th, 2023
Several companies are gearing up to report their financial results on Wednesday, August 23, including: Dycom Industries, Inc. (NYSE: DY), a significant player in the infrastructure and specialty contracting sector, is set to release its fiscal 202. Read more
Earnings Preview for NetApp, Advance Auto Parts, and Kohl's
August 20th, 2023
A lineup of companies poised to unveil their financial reports on Wednesday, August 23, includes: NetApp, Inc. (Nasdaq: NTAP), a significant player in the data management sector, is scheduled to announce its financial results for the first quarter. Read more
NVIDIA, Analog Devices, and Autodesk Earnings On Deck: What to Expect
August 20th, 2023
A selection of companies slated to release their financial results on Wednesday, August 23, includes: NVIDIA Corporation (Nasdaq: NVDA), a leading name in the technology sector, is set to unveil its financial results for the second quarter of fisc. Read more
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