July 29 Biogen reported second-quarter profit and revenue that topped Wall Street estimates on Wednesday, driven by strong demand for its rare-disease medicines, while sales of its legacy multiple sclerosis drugs stayed under pressure. Investors are closely watching whethe
SOXL plunges 63% from June peak, far outpacing SOXX’s 25% drop due to daily leverage reset mechanics. The iShares Semiconductor ETF (SOXX) has declined 25% since its June 22 high, while the Direxion Daily Semiconductor Bull 3X Shares (SOXL) has fallen nearly 63% over the s
BXP has secured a construction loan of $1.2bn for a new development, 343 Madison Avenue, in Midtown Manhattan, New York City, US, marking a key step in a $2bn project. This 46-storey 343 Madison Avenue tower, with around 930,000ft² of space, will provide direct access to G
Micron Stock Has Gained Roughly 190% in 2026. History Says Its Next 30%+ Drawdown Could Come at Any Time Micron's (NASDAQ: MU) stock has rallied nearly 190% this year. The artificial intelligence (AI) market's rapid expansion, which drove more data centers to upgrad
Bonds don't usually offer the same levels of long-term growth as the best stocks, but bonds are supposed to be relatively "safe" fixed-income investments. As you get closer to retirement, conventional wisdom says that most people should have a larger portion of their portf
The UK Fashion and Textile Association (UKFT) reports that companies in these regions are investing in automation, digital manufacturing systems and smarter business technologies, enabled by grants and expert guidance from the government-backed Industry 4.0 initiative. Acc
Japan’s Nomura posts ¥145.6B net income for Q1, up 39% year-on-year, driven by wholesale and investment management gains. Nomura Holdings reported a 39% year-on-year increase in first-quarter net income to ¥145.6 billion, beating expectations. Revenue rose 31% to ¥686.7 bi
Teradyne reported Q2 revenue of $1.33B, up 104% year-over-year, exceeding estimates by $110M amid strong AI chip testing demand. Teradyne (TER) shares jumped 9% in pre-market trading after the company posted stronger-than-expected Q2 results. Revenue surged 104% year-over-
Lithia Motors posts $10.03 EPS, exceeding expectations by $1.31, as revenue rises 2.1% year-over-year. Lithia Motors reported second-quarter non-GAAP earnings per share of $10.03, surpassing estimates by $1.31. Revenue reached $9.8 billion, a 2.1% year-over-year increase a
Eni reports $2.65 billion adjusted net profit for Q2, surpassing estimates amid higher oil and gas prices and production growth. Eni increased its 2026 share buyback program following a stronger-than-expected second-quarter earnings report. The Italian energy company poste
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