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Index Update:The Nasdaq closed 0.67% lower after an intraday drop of nearly 2%, while the S&P 500 slipped 0.24%, pressured by declines in major tech stocks such as Apple, Amazon, and Intel. Fed minutes revealed most officials supported holding rates steady, though concerns over …
Alvotech (NASDAQ: ALVO) and Advanz Pharma Holdco Limited said the European Commission has approved Mynzepli® as a biosimilar to Eylea® (aflibercept). The approval is a centralized marketing authorisation that covers all European Economic Area (EEA) countries — the 27 EU member states plus Norway, …
WeRide (Nasdaq: WRD) announced WePilot AiDrive, a one-stage, end-to-end advanced driver assistance system developed with Tier-1 supplier Bosch. The release arrives roughly six months after both companies began mass production of a two-stage, end-to-end ADAS, and shifts the processing model from sequential perception–planning to …
VNET Group, Inc. (Nasdaq: VNET) reported unaudited results for the quarter ended June 30, 2025, with the wholesale internet data center (IDC) segment driving much of the year-on-year growth. The company said wholesale capacity in service rose by 101MW quarter-over-quarter to 674MW, while utilized …
Smith & Nephew plc (NYSE: SNN) received a price target increase from Canaccord Genuity Group, moving to USD 36 from USD 28 while maintaining a Hold rating, according to a recent research note. The revision follows a period of reassessment across the sell-side: HSBC …
Index Update:U.S. markets closed mixed on Tuesday as tech stocks dragged major indices lower ahead of key earnings and Fed signals. The S&P 500 fell 0.59% and the Nasdaq dropped 1.46% on steep declines in Nvidia, AMD, and Palantir, while the Dow inched up …
Wall Street Zen upgraded Summit Midstream Partners (NYSE: SMC) from a "sell" rating to a "hold" in a research note issued to investors on Tuesday. The change indicates a reduction in the analyst community’s downside view but stops short of endorsing renewed upside potential. …
Expensify, Inc. (NASDAQ: EXFY) received an upgrade from Wall Street Zen this week, moving from a "hold" rating to a "buy" rating in a report issued on Tuesday. The move adds to a mixed but slightly positive wall-of-analyst views: Lake Street Capital recently trimmed …
Newsmax Inc. (NYSE: NMAX) reported second-quarter 2025 results showing consolidated revenues of USD 46.4 million, an 18.4% increase from the same period a year earlier. The company said broadcasting revenues rose noticeably — to USD 38.0 million — with advertising revenues up about 26.2% …
Talos Energy Inc. (NYSE: TALO) reported a discovery at the Daenerys exploration prospect in the U.S. Gulf of Mexico Walker Ridge blocks 106, 107, 150 and 151 after drilling a deepwater wildcat to a total vertical depth of 33,228 feet. Drilled by the West …
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