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Tech major Oracle Corp. issued first-quarter outlook expecting higher results, and raised fiscal 2027 earnings view, after reporting significant growth in fourth-quarter results driven by Cloud Infrastructure & Cloud Applications. Meanwhile, the shares were losing around 10 percent in the pre-market activity on the NYSE, after the firm said it expects to raise around $20 billion more...

Visa And Mastercard Win Preliminary Approval For Merchant Fee Settlement

June 10, 2026 18:03 ET mastercard 10062026 lt

A U.S. district judge has given the green light for a proposed $38 billion settlement tied to Visa Inc. (V) and Mastercard Incorporated( MA), stemming from a long-standing antitrust lawsuit filed by over 12 million merchants concerning credit card processing fees.

Honda Recalls More Than 880,000 Vehicles Over Rear Suspension Corrosion Risk

June 10, 2026 17:31 ET honda 10062026 lt

Honda Motor Co Ltd. (HMC) is recalling more than 880,000 SUVs and pickup trucks in the U.S. due to a rear suspension problem that could raise the risk of a crash.

Genmab Reports Epcoritamab Benefits Across Relapsed Follicular Lymphoma Subgroups

June 11, 2026 12:02 ET Topstories2 30052024 lt

Genmab A/S (GMAB) on Thursday presented new subgroup data from the Phase 3 EPCORE FL-1 trial showing that epcoritamab in combination with rituximab and lenalidomide (R2) delivered consistent efficacy and a manageable safety profile across multiple patient subgroups with relapsed or refractory follicular...

  • Treasure Global Shares Fall 17% Despite Securing AI Contract June 11, 2026 11:55 ET

    Treasure Global Inc. (TGL) shares declined 16.89 percent, losing $0.8899 to $4.30 on Thursday despite the company announcing that it had been awarded a $15 million contract by Creative World Industries Sdn Bhd to develop and deploy an enterprise-grade Social Listening AI System.

  • Digital Brands Group Shares Plunge 30% Despite Open-Market Purchase June 11, 2026 11:37 ET

    Digital Brands Group, Inc. (DBGI) shares fell 30.44 percent, losing $0.3799 to $0.8701 on Thursday despite the company announcing that Chief Executive Officer Hil Davis purchased an additional $700,000 worth of shares in the open market.

  • Humacyte Shares Fall 23% June 11, 2026 11:09 ET

    Humacyte, Inc. (HUMA) shares plunged 23.05 percent, losing $0.31 to $1.03 on Thursday, likely extending losses following the company's announcement yesterday, of a public offering of 47.62 million shares of common stock priced at $1.05 per share.

  • Vera Bradley Shares Rise 9% As Q1 Loss Narrows And Revenue Grows June 11, 2026 10:42 ET

    Vera Bradley, Inc. (VRA) shares gained 9.43 percent, rising $0.30 to $3.48 on Wednesday after the lifestyle and accessories retailer reported improved first-quarter fiscal 2027 results.

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Vera Bradley Reports Narrower Q1 Loss Due To Cost Optimization; Shares Up 6%

June 11, 2026 10:53 ET rttnewslogo20mar2024 lt

On Thursday, Vera Bradley, Inc. (VRA), a footwear related company, reported narrower loss in the first quarter of fiscal 2027, owing to higher revenues and absence of loss from discontinued operations. Looking ahead to fiscal 2027, the company continues to focus on stabilizing the business and plans...

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

Guardant Health Secures FDA Approval For Guardant360 CDx As Companion Diagnostic For HERNEXEOS

June 11, 2026 09:50 ET biotech1 18042024 lt

Guardant Health, Inc. (GH) announced that the U.S. FDA has approved Guardant360 CDx, a liquid biopsy test, as a companion diagnostic for Boehringer Ingelheim's HERNEXEOS (zongertinib tablets), the first targeted therapy for adults with HER2-mutant advanced non-small cell lung cancer (NSCLC).

Vera Bradley Reports Narrower Q1 Loss Due To Cost Optimization; Shares Up 6%

June 11, 2026 10:53 ET earnings1 30052024 lt

On Thursday, Vera Bradley, Inc. (VRA), a footwear related company, reported narrower loss in the first quarter of fiscal 2027, owing to higher revenues and absence of loss from discontinued operations. Looking ahead to fiscal 2027, the company continues to focus on stabilizing the business and plans...

U.S. Producer Prices Jump 1.1% In May, More Than Expected

June 11, 2026 10:46 ET usproducerpriceindex 11062026 lt

Partly reflecting a continued spike in energy prices, the Labor Department released a report on Thursday showing a bigger than expected increase in U.S. producer prices in the month of May. The Labor Department said its producer price index for final demand shot up by 1.1 percent in May, matching a downwardly revised jump in April.

  • U.S. Jobless Claims Unexpectedly Rise To Four-Month High June 11, 2026 09:49 ET

    The Labor Department released a report on Thursday showing an unexpected uptick in first-time claims for U.S. unemployment benefits in the week ended June 6th. The report said initial jobless claims crept up to 229,000, an increase of 4,000 from the previous week's unrevised level of 225,000. Economists had expected jobless claims to dip to 219,000.

  • European Central Bank Hikes Interest Rates For First Time Since 2023 June 11, 2026 09:01 ET

    The European Central Bank raised its interest rates for the first time in nearly three years in a bid to cushion the impact of rising inflation that is triggered by the surge in energy prices due to the conflict in the Middle East, as the single currency economy struggles to grow. The Governing Council, led by ECB President Christine Lagarde, hiked the deposit rate by 25 basis points to 2.25%.

  • U.S. Producer Prices Jump More Than Expected In May June 11, 2026 08:42 ET

    Partly reflecting a continued spike in energy prices, the Labor Department released a report on Thursday showing a bigger than expected increase in U.S. producer prices in the month of May. The Labor Department said its producer price index for final demand shot up by 1.1 percent in May, matching...

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The Campbell's Q3 26 Earnings Conference Call At 9:00 AM ET

June 08, 2026 07:00 ET rttnewslogo20mar2024 lt

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.

Merck Animal Health To Acquire TARGAN To Expand Poultry Technology Portfolio

June 11, 2026 07:12 ET rttnewslogo20mar2024 lt

Merck Animal Health, a division of Merck & Co. (MRK), on Thursday announced a definitive agreement to acquire TARGAN, a privately held developer of biodevice solutions for the poultry industry, for undisclosed consideration. The transaction is expected to close in the third quarter of 2026. The...

Shattuck Labs Announces Pricing Of 10.88 Mln Shares Public Offering At $4/Shr

June 10, 2026 01:37 ET rttnewslogo20mar2024 lt

Shattuck Labs, Inc. (STTK), a clinical-stage biotechnology company, on Wednesday revealed the pricing of its earlier announced public offering of 10.88 million shares of common stock at $4.00 per share. The company is also offering pre-funded warrants to purchase up to 7.87 million shares at $3.9999...

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