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Shares of Adobe Inc. were losing around 4 percent in the pre-market activity on Nasdaq on Friday after the tech major announced that Dan Durn, its executive vice president and CFO, is departing on June 15 to join a new firm. Meanwhile, the company reported higher second-quarter results, issued third -quarter outlook, and upgraded fiscal 2026 outlook for adjusted earnings and revenues reflecting...
It looks like Elon Musk might be set to become the first trillionaire if everything goes according to plan with SpaceX's upcoming IPO.
SpaceX is gearing up for what might be the biggest initial public offering ever, with investor interest far surpassing the $75 billion in shares the company plans to sell.
Sam Bankman-Fried, the former head of FTX, just hit a big legal roadblock. A federal appeals court decided to uphold his fraud conviction, keeping his 25-year prison sentence for his part in the collapse of the cryptocurrency exchange.
The world is preparing for the much awaited news of Space Exploration Technologies Corp. or SpaceX, tech visionary Elon Musk's brain child, starting trading on the U.S. Market for the first time. The initial public offering or IPO, which is deemed to be the largest stock market debut in history, is making Musk world's first trillionaire.
Poh Kong Holdings Berhad (5080.KL) announced a profit for its third quarter that Increased, from the same period last year The company's earnings totaled MYR70.02 million, or MYR0.1706 per share. This compares with MYR47.60 million, or MYR0.116 per share, last year. The company's revenue for the...
The United States and Iran have agreed to a peace deal to end the Middle East war. The agreement will be signed on this Friday in Geneva, Switzerland. The diplomatic breakthrough came hours ahead of President Donald Trump's departure to Europe for the G7 summit. He announced that the Strait of Hormuz will reopen after the agreement is signed and the United States will lift its naval blockade of
On Monday, CleanTech Lithium Plc (CTL.L), a Lithium mining company, reported a narrower loss in fiscal year of 2025, compared to loss in fiscal 2024. The narrower loss was attributable to the reduction of administrative expenses and absence of impairment loss. Loss in 2025 was 2.81 million pounds,...
Palm oil producer AEP Plantations Plc (AEP.L) reported Monday that its production of own fresh fruit bunch or FFB and Crude palm oil declined in the first five months of the year amid lower yields and replanting. The firm said the performance was supported by favourable average CPO prices. Regarding...
Kyowakogyosyo Co. Ltd (5971.T) reported a profit for its full year that Increased, from last year The company's bottom line totaled JPY863 million, or JPY663.09 per share. This compares with JPY708 million, or JPY535.66 per share, last year. The company's revenue for the period rose 3.5% to JPY10.828...
On Friday, Cuentas Inc. (CUEN), a mobile phone service provider, announced that it has appointed Eric Kilinsky as Interim Chief Finance Officer, effective June 8 to succeeds Ofek Haim Suchard. Suchard is appointed as Chief Artificial Intelligence Officer. On the One One Nasdaq-100, the shares closed...
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.
InnoCare Pharma (HKEX: 09969) reported a major milestone at the European Hematology Association (EHA) 2026 Congress, presenting more than 40 clinical studies on its BTK inhibitor Orelabrutinib, including the first clinical data from treatment-naïve chronic lymphocytic leukemia/small lymphocytic lymphoma patients in the United States and Europe.
Upstream Bio Inc. (UPB) reported new responder analyses from its Phase 2 VIBRANT trial showing that a significant majority of patients with chronic rhinosinusitis with nasal polyps experienced clinically meaningful improvements when treated with Verekitug. The data were presented at the European Academy of Allergy and Clinical Immunology (EAACI) 2026 Congress in Istanbul
Medtronic plc (MDT), a healthcare technology company, has completed the acquisition of Scientia Vascular, a medical device company, for a $550 million deal value with additional potential milestone payments. The acquisition strengthens Medtronic's neurovascular portfolio by adding Scientia's portfolio...
Crinetics Pharmaceuticals, Inc. (CRNX) on Monday presented Phase 2 data for its investigational candidate Atumelnant in Congenital Adrenal Hyperplasia (CAH) from the TouCAHn trial, along with results from a Phase 1b/2a study in ACTH-dependent Cushing's syndrome, at the Endocrine Society's Annual Meeting...
Friedman Industries, Inc. (FRD), a steel manufacturing company, reported higher profit in the fourth quarter, compared to the prior year. The increase was attributable to same-facility volume growth at the company's existing operations. In the pre-market activity on the Nasdaq, the shares were trading...
Eurozone industrial production logged a marginal expansion in April, with consumer and intermediate goods offsetting declines in capital and energy sectors, official data showed Monday. Industrial output rose 0.1 percent from March, when production advanced 0.4 percent, Eurostat reported. Output was expected to climb 0.2 percent. Nonetheless, this was the third consecutive rise in production.
Italy's foreign trade surplus increased in April from a year ago as exports grew faster than imports. The trade surplus rose to EUR 4.3 billion in April from EUR 2.5 billion in the corresponding month last year. Exports climbed 8.8 percent annually in April, and imports were 5.5 percent higher. The export growth was sustained and involved most sectors, with the exception of pharmaceuticals.
Finland's consumer price inflation accelerated in May to the highest level in more than two years, driven primarily by higher transport charges amid rising fuel prices. The consumer price index rose 2.1 percent year-over-year in May, faster than the 1.5 percent increase in April. Further, this was the highest inflation rate since March 2024, when prices climbed 2.2 percent.
Japan's tertiary activity index increased for the first time in three months in April. The seasonally adjusted tertiary activity index rose 1.3 percent on a monthly basis, reversing a 0.6 percent decrease in March. Among industries, finance and insurance, information and communications, wholesale trade, living and amusement-related services increased.
The Campbell's Company (CPB) will host a conference call at 9:00 AM ET on June 8, 2026, to discuss Q3 26 earnings results. To access the live webcast, log on to https://investor.thecampbellscompany.com To listen to the call, dial (800) 715-9871 (US) or (646) 307-1963 (International), Conference ID: 3623156.
SWI Group (SWICH.AS) announced the acquisition of a significant shareholding in Genesis Digital Assets for an aggregate consideration of $500 million. GDA holds 1.3 GW of energized and approved grid connections. The platform comprises 15 facilities, including multiple hyperscaler-grade sites in Texas. Upon...