Most investors don’t see the drugmaker’s executive management as credible, following the failure to disclose a patient death, a BMO survey suggests.
3 minute read
Second-quarter profit jumps 46% at Netflix, while a report says Union Pacific is in early-stage talks to buy smaller railroad rival Norfolk Southern.
3 minute read
The drop comes the day after the drugmaker said it would add a so-called black-box warning to its gene therapy Elevidys after two teenage boys receiving the treatment died earlier this year.
Long Read
President Donald Trump said on Wednesday that Coca-Cola had agreed to sweeten its signature soda with cane sugar in the U.S.
Long Read
Lucid soars after announcing a self-driving partnership with Uber Technologies and Nuro, Taiwan Semiconductor Manufacturing reports a record profit in the second quarter, and PepsiCo’s adjusted earnings top forecasts.
3 minute read
Abbott Laboratories stock falls even as the company reports second-quarter sales that top expectations.
2 minute read
The health insurer now expects 2025 earnings of just $30 a share, citing ongoing and industry-wide impact of elevated cost trends in ACA and Medicaid.
3 minute read
Shares of the sleep-apnea treatment maker have gained 32% since Barron’s recommended them.
3 minute read
ASML falls sharply after issuing a growth warning, while Goldman Sachs, Morgan Stanley, and Bank of America post better-than-expected quarterly earnings.
3 minute read
The company reports adjusted earnings of $2.77 a share for the second quarter, beating analysts’ estimates of $2.68.
4 minute read
Shares have cratered since April, when the company slashed its financial guidance and posted earnings that missed expectations.
4 minute read
House deals a blow to “Crypto Week,” ASML warns on 2026 growth, a promising Chinese weight-loss drug, and more news to start your day.
Long Read
Raymond James analyst Greg Peters says the slumping casualty-insurance sector may get a break from a less-stormy hurricane season.
2 minute read
Boeing shares rise as the accident of Air India flight 171 doesn’t appear to have anything to do with aircraft design or manufacturing, while MicroStrategy and crypto-related stocks jump as Bitcoin sets a record high.
3 minute read
The company, formerly part of Johnson & Johnson, says it is taking steps “to accelerate profitable growth.”
1 minute read
Life sciences firm Waters will take on $4 billion in debt, and issue 39.2% of its shares to Becton Dickinson shareholders.
3 minute read
The drugmaker has become a clear winner with its weight-loss drugs. Now, with a pill under development, the company should see earnings gains through the end of the decade.
Long Read
Nvidia rises and pushes its market capitalization north of $4 trillion. It’s the first U.S. firm to reach and close above that level. Delta’s earnings beat analysts’ estimates.
2 minute read
Ultragenyx and partner Mereo BioPharma’s brittle bone disease trial will continue. Investors had wanted data good enough to end it early.
3 minute read
The deal is expected to close in the fourth quarter of 2025.
3 minute read
DexCom’s decision to pursue the Type 2 diabetes market wasn’t faulty. It was management’s execution of its strategy that caused the problem.
4 minute read
The franchise drug for autoimmune disorders such as dermatitis could face a challenger: A candidate from Apogee Therapeutics.
2 minute read
The insurer says earnings pressure is expected to continue into the second half of the year.
2 minute read
The Republican megabill combined with new federal rules tightening eligibility will affect most people who use plans created by the Affordable Care Act.
Long Read