TNDM earnings face scrutiny as transition to pay-as-you-go insulin delivery impacts near-term margins and revenue growth. Tandem Diabetes Care reported a 12% year-over-year revenue increase to $245 million in Q2, but gross margins fell 300 basis points to 52% due to its ne
The organic juice company's stock fell sharply after its initial public offering priced at $186.7 million. Shares of organic juice maker Suja Life declined 14% on its first trading day after raising $186.7 million in its initial public offering. The drop reflects investor
The DJIA was off around 0.4% in early afternoon trade, sliding back below 50,000 after tagging an intraday high near 50,100.
Investors assess geopolitical risks amid shifting Middle East dynamics, leading to cautious trading in European equities. European shares retreated as investors weighed the potential for de-escalation in the Middle East against lingering geopolitical uncertainties. The Sto
Chinese fuel trader HY Energy is suing U.S. banking giants JP Morgan and Citigroup for blocked payments to a Chinese oil firm a year before the latter was sanctioned by the U.S. Treasury for dealing with Iranian oil, Bloomberg reports HY Energy, a regional fuel trad
The company reported higher-than-expected revenue and profit for the quarter, driven by resilient industrial and residential markets. Watts Water Technologies posted Q1 2026 earnings that exceeded analyst expectations, with revenue rising 8% year-over-year to $425 million.
The price of crude oil is rebounding off session lows near $89.85 after finding support above yesterday’s low around $88.70. That defense of the prior day’s low helped stabilize the market and sparked a recovery move as less optimistic headlines surrounding Iran negotiatio
Investors weigh geopolitical uncertainty after Tehran indicates further review of the latest Gaza truce proposal. US stocks turned lower in afternoon trading as Iran stated it was still evaluating the latest ceasefire proposal for Gaza. The delay introduced fresh uncertain
NASDAQ Composite reaches 26,000 for first time The NASDAQ Composite (IXIC) sailed to its highest level on record on Thursday, temporarily overcoming the 26,000 handle. While no definitive peace agreement with Iran has emerged, the US stock market continues to trade this we
The Treasury Department imposed fresh measures targeting Cuba, potentially disrupting limited trade and financial flows between the countries. The US Treasury Department announced additional sanctions on Cuba, expanding restrictions on financial transactions and trade. The
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