Overview Kyndryl Holdings Inc., a managed infrastructure-service company that recently spun off from International Business Machines Corp., announced a better-than-expected break-even quarter and projected a pretax profit for this year.…
Shares of Adtran Holdings have taken a steep decline, falling approximately 20% in morning trading. The telecommunications supplier has warned that the upcoming year is expected to remain challenging as…
Shares of Fortinet (ticker: FTNT) experienced a sharp decline of 25% on Friday due to concerns over macroeconomic uncertainties impacting deals. However, Guggenheim analysts point out that this market reaction…
Humanigen, a biopharmaceutical company, has experienced a significant drop in its shares after a proposed business combination fell through. The company has now revealed in a filing with the U.S.…
First Solar is also establishing a vertically integrated photovoltaic manufacturing plant in the same region. The company plans to commence production by 2025, showcasing its commitment to expanding renewable energy…
Chipotle Mexican Grill is on the brink of revealing its second-quarter results, and all signs point to impressive performance once again. Investors are filled with optimism, expecting Chipotle to either…
By Mauro Orru MTU Aero Engines has confirmed its guidance for the year, which was raised last month, following higher earnings and revenue in the second quarter. The German aircraft-engine…
AMC Entertainment Holdings Inc. has experienced its most successful week to date, setting a new record for U.S. and global theaters in terms of admissions revenue. From July 21 to…
Caterpillar Inc. (CAT) exceeded expectations with its second-quarter earnings, driven by strong sales volume, increased pricing, and improved margins. The construction and mining equipment manufacturer’s stock also hit a new…
Shares of TG Therapeutics took a hit on Tuesday as the biopharmaceutical company reported a wider loss in the second quarter that fell short of estimates. Stock Performance The stock…
Cameco Corp., a Canadian uranium company, has announced an 83% decrease in second-quarter profit. The decline is attributed to a significant foreign-exchange loss on its U.S. cash balances. Profit and…
Clorox, the renowned manufacturer of its iconic bleach brand and Pine-Sol, is set to release its earnings report for the fiscal fourth quarter on Wednesday. Here are the key details…