Though the FDA was set to give full approval to the vaccine, senior leaders at the agency have now said that the company’s application needs more data and is unlikely to be approved soon, The Wall Street Journal reported.
Truist Securities noted that the numbers aligned with the company’s prior commentary and street estimates, although the shares could see headwinds today from Tesla reporting Q1 deliveries below estimates before market open.
Deliveries of the company’s mass-market offerings- the Model 3 and Model Y- fell by 12.4%, while those of its three more premium offerings collectively fell by about 24%.
The medical technology company now expects net sales to be $285 to $288 million for the fiscal year 2025, up from previously issued guidance of $282 to $288 million, owing to increased medical technology net sales.
Roblox said the partnership with Google is a foundational element in its advertising vision, enabling it to quickly scale its Rewarded Video ads and other immersive ads offerings.
CoreWeave’s IPO was marred by weak stock market conditions and the uncertain economic outlook, which forced the company to downsize the size of the public offering to 37.5 million shares from the initially planned 49 million.
Red Cat recorded a net loss of $0.57 per share on $4.9 million in revenue for the final eight months of 2024, with 2025 revenue guidance of $80 million to $120 million.
IBKR announced a 44% year-over-year jump in its daily average revenue trades to 3.471 million. Client accounts rose 32% YoY to 3.62 million during the month.
Duke Energy stated that Sideris will focus on guiding the company’s future by overseeing its $83 billion five-year capital plan and driving critical infrastructure investments to support economic growth and meet customer energy demands.
According to Bloomberg, Commerce Secretary Howard Lutnick has indicated he may withhold Chips Act grants as he presses semiconductor companies to expand their U.S. manufacturing investments.
The surge in Arm's data center presence is fueled by the rapid expansion of artificial intelligence, Mohamed Awad, the company’s infrastructure chief, told Reuters.
Forge Global said the reverse stock split is intended to bring the company into compliance with the minimum bid price requirement for continued listing on the New York Stock Exchange.
According to a report by Nikkie Asia, a merger between GlobalFoundries and UMC would create a larger, U.S.-based semiconductor firm with manufacturing capabilities spanning the U.S., Europe, and Asia.
The brokerage described Steel Dynamics as a "best-in-class" domestic steel producer with a product mix that is well-aligned with the new trade measures.
Morgan Stanley expects KLA to outpace the wafer fabrication equipment (WFE) market in 2025 and 2026, citing a “rich catalyst path for a re-rating” of the stock.tock-fails-to-capitalize-morgan-stanley-upgrade-amid-market-weakness
