After ending yesterday's choppy trading session mostly higher, stocks saw some further upside during trading on Wednesday. While buying interest was somewhat subdued, the S&P 500 managed to reach a new record closing high. The major averages all posted modest gains on the day.
Stocks have moved modestly higher during trading on Wednesday, extending the upward move seen over the course of yesterday's choppy session. Buying interest has remained somewhat subdued, however, limiting the upside for the major averages. Currently, the major averages are just off their highs of the session.
High Roller Technologies, Inc. (ROLR), Wednesday announced that its Chief Executive Officer Ben Clemes has decided to step down from the position to devote more time to his family. In light of his retirement, the company has selected Seth Young as its next CEO, effective September 1. Prior to joining...
Accenture plc (ACN), Wednesday announced its decision to acquire NeuraFlash, a Salesforce and gen AI consulting company. The financial terms of the deal were not disclosed. The company expects the acquisition to strengthen its Salesforce gen AI and managed services capabilities and also extend its...
The Energy Information Administration released a report on Wednesday showing crude oil inventories in the U.S. decreased by slightly more than expected in the week ended August 22nd. The report said crude oil inventories fell by 2.4 million barrels after tumbling by 6.0 million barrels in the previous...
Vor Biopharma Inc. (VOR), Wednesday announced that its collaborator, RemeGen Co., Ltd, achieved the primary endpoint in Stage A of a Phase 3 clinical study in China evaluating telitacicept in adults with IgA nephropathy. The multicenter, randomized, double-blind, placebo-controlled clinical trial...
Zhihu Inc. (ZH), a Chinese online content community, on Wednesday reported second-quarter results returning to profit, backed by higher investment income from gains of a private-company investment, despite weak revenues. ZH shares are currently trading 0.43% higher at $4.65 on the NYSE. In the...
While reporting financial results for the second quarter on Wednesday, luxury home furnishing retailer Williams-Sonoma Inc. (WSM) raised its revenue guidance for the full-year 2025, reflecting higher net revenue trends. For fiscal 2025, the company now expects net revenue growth of 0.5 to 3.5 percent,...
U.S. retailers Abercrombie & Fitch and Kohl's reported on Wednesday results for the second quarter that topped analysts' estimates, with both Abercrombie & Fitch and Kohl's raising their outlook for the full-year 2025.
BGC Group, Inc. (BGC) Wednesday announced an offer to exchange up to $700 million of its outstanding 6.15% senior notes due 2030 for an equivalent amount of its 6.15% senior notes due 2030. The company noted that the exchange offer is being made to satisfy its obligations under a registration rights...
BioXcel Therapeutics, Inc. (BTAI) Wednesday said that its SERENITY At-Home Phase 3 study evaluating BXCL501, the company's sublingual film formulation of dexmedetomidine, for the acute treatment for agitation associated with bipolar disorders or schizophrenia in the at-home setting, met its primary...
Trulieve Cannabis Corp. (TRUL), a cannabis company, said on Tuesday that it has appointed Jan Reese as Chief Financial Officer with effect from September 8. Reese will replace Ryan Blust, who has been working as Interim CFO following the departure of previous CFO Wes Getman in March, 2025. Blust will...
AbbVie Inc. (ABBV), Wednesday announced Health Canada has issued a Notice of Compliance for RINVOQ for the treatment of adults with giant cell arteritis, both used in combination with a tapering course of corticosteroids and as monotherapy following discontinuation of corticosteroids. The authorization...
After ending yesterday's choppy trading session mostly higher, stocks may show a lack of direction in early trading on Wednesday. The major index futures are currently pointing to a roughly flat open for the markets, with the S&P 500 futures up by less than a tenth of a percent. Traders may remain...
DallasNews Corp. (DALN), a Texas-based newspaper publisher and seller, on Wednesday announced that its Board has reviewed and rejected a revised, non-binding buyout proposal from MNG Enterprises, Inc., an affiliate of Alden Global Capital. The revised offer, received on August 19, proposed to acquire...
August 15, 2025 12:08 ET Inflation and labor market data were in focus in the U.S. this week that was relatively less heavy for economics news flow. Preliminary estimates for the second quarter GDP gained attention in Europe. The central bank decision from Australia and a rating upgrade for India amid the tariff threats, made headlines in Asia.