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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.
The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major currencies in the Asian session on Monday, with investors cheering the news about Iran and the U.S. signing a peace deal to end the crisis in the Middle East. The preliminary framework...
Team Internet Group Plc (TIG.L) said in its latest trading update that its earnings performance year-to-date in fiscal 2026 remains in line with expectations. For the five months ended May 31, 2026, the company reported gross revenue of $148 million, net revenue of $50 million, and adjusted EBITDA of...
PARK24 Co., Ltd. (3WN.F) announced a profit for its first half that Increased, from last year The company's earnings came in at JPY29.657 billion, or JPY160.25 per share. This compares with JPY4.981 billion, or JPY26.68 per share, last year. The company's revenue for the period rose 4.6% to JPY202.275...
On Monday, ACI Worldwide, Inc. (ACIW), an online payment service provider, announced that it has joined the European Payments Initiative or EPI, and will integrate Wero's wallet solution onto ACI Payments Orchestration Platform. Through the collaboration, intermediaries can offer Wero as a new payment...
Hamee Corp. (3134.T) released a profit for full year that Dropped, from last year The company's earnings came in at JPY541 million, or JPY33.83 per share. This compares with JPY1.278 billion, or JPY80.13 per share, last year. The company's revenue for the period fell 3.6% to JPY22.073 billion...
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.
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...
Mirum Pharmaceuticals, Inc. (MIRM) and Incyte (INCY) announced positive pivotal Phase 2 results from Cohort 1 of the PROGRESS study evaluating the investigational asset Zilurgisertib in adolescents and adults aged 12 years or older with Fibrodysplasia Ossificans Progressiva (FOP). Results were presented...
Among Friday's notable biotech movers were TherapeuticsMD, which is evaluating a strategic review process; Sensei Biotherapeutics, supported by optimism surrounding a key clinical catalyst expected in the second half of 2026; and Alumis, which is advancing its lead therapy toward a potentially pivotal trial in lupus expected to commence next quarter.
BioCryst Pharmmaceuticals Inc. (BCRX), a biotechnology company, on Friday released new data from the real-world APeX-P study for ORLADEYO and the Phase 1b/2 ALPHA-STAR for Navenibart in treating hereditary angioedema. ORLADEYO (berotralstat) is an oral prophylactic therapy that increases plasma kallikrein...
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...
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.
Germany's wholesale price inflation eased in May largely due to the reduction in the energy tax on mineral oil products, data from Destatis showed Monday. Wholesale prices increased 5.9 percent year-on-year in May after rising 6.3 percent in April. Destatis said the war in the Middle East pushed...
Industrial production and foreign trade from the euro area and wholesale prices from Germany are due on Monday. At 2.00 am ET, Destatis is slated to issue Germany's wholesale prices for May. Wholesale prices are forecast to grow 0.8 percent on a monthly basis, following a 2.0 percent rise in April.
South Korea is on Monday scheduled to release May numbers for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity. In April, imports were up 20.8 percent on year and exports rose an annual 53.2 percent for a trade surplus of $26.95 billion. New Zealand...
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...