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The AI race between the United States and China is intensifying rapidly according to Apollo data: 20 of the world's 50 most-used AI models now come from China, up 400% since 2025, while the number of US models in the top 50 has declined …
Beam Therapeutics (NASDAQ: BEAM) tumbled nearly 9% in its sharpest single-day decline in recent memory, extending losses following the July 8 arbitration ruling that awarded rival Prime Medicine the right to develop PM647 for alpha-1 antitrypsin deficiency — a disease also targeted by Beam's …
That revenue growth translated into pre-tax profit of $1.4 billion and earnings of $1.56 per share, alongside an operating margin of 9%. The margin figure, while solid, comes against a backdrop of significant cost pressure: the company absorbed a nearly $4 billion increase in …
The American Express relationship has been a particular source of strength, with card spend growing at double-digit rates for seven consecutive quarters. That consistency is notable in an industry where discretionary consumer spending can swing meaningfully with economic conditions, suggesting the co-brand card has …
ASML Holding NV (NYSE: ASML) is slated to announce its second‑quarter 2026 earnings in mid‑July. Analysts now expect earnings per share of $49.46, up sharply from the earlier estimate of $36.46, driven by growing demand for AI‑enabled chips. The company’s valuation stays high relative …
Delta Air Lines submits quarterly financial update Delta Air Lines (NYSE: DAL) has provided its latest quarterly financial filing to regulators. The submission meets the disclosure requirements established under federal securities laws.
Ionis Pharmaceuticals (NASDAQ: IONS) submitted a regulatory filing confirming its financial projections remain unchanged from those previously communicated. The company noted that the guidance reflects the same expectations shared in an earlier investor update.
MarketWise signals Q2 progress MarketWise, Inc. (NASDAQ: MKTW) has shared preliminary financial and operational highlights for the second quarter of 2026. The disclosure offers investors an initial look at performance trends before the release of complete audited results.
MTY Food Group Inc.’s latest earnings update sent ripples through the restaurant and consumer discretionary sectors, as management flagged persistent consumer confidence challenges. The softness was most pronounced in corporate locations, signaling broader economic caution among business clientele. Investors are now reassessing exposure to …
Meta’s latest artificial intelligence initiatives are fueling a rally across technology stocks, as investors bet on the company’s long-term AI strategy. The move has sent ripples through the sector, with shares of AI-focused firms and broader tech indices gaining momentum ahead of the year’s …
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