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Dow and S&P 500 futures fell over 2% and 3%, respectively, while Nasdaq 100 futures plunged more than 4%. Companies with global supply chains suffered sharp declines, with Apple down 7.5%, Nike 7%, and Tesla 7.2%. Mega-cap tech stocks and retailers also saw significant …
Novartis has announced that the U.S. Food and Drug Administration (FDA) has granted accelerated approval for Vanrafia® (atrasentan), a potent and selective endothelin A (ETA) receptor antagonist, for the reduction of proteinuria in adults with primary immunoglobulin A nephropathy (IgAN) who are at high …
PVH Corp. (NYSE:PVH), the parent company of Calvin Klein and Tommy Hilfiger, posted better-than-expected Q4 earnings, despite a 5% year-over-year revenue decline. The company also unveiled plans for a $500 million share repurchase program.
Johnson & Johnson (NYSE:JNJ) suffered a significant legal blow on Tuesday, as a Texas bankruptcy judge rejected its $10 billion proposal to resolve thousands of lawsuits alleging its talc-based baby powder caused cancer. The ruling sent J&J’s stock tumbling 7.6%, closing at $153.25.
Tesla (NASDAQ:TSLA) reported a 13% decline in global vehicle deliveries in the first quarter of 2025, signaling growing challenges for the EV giant. The company delivered 336,681 vehicles, significantly missing analysts’ expectations of 396,960. The drop comes amid increased competition, consumer backlash, and CEO …
High Demand Expected:The originalSwitch sold nearly 151 million units, making it Nintendo’sbest-selling home consoleever.
US stock futures declined on Wednesday, with S&P 500 and Nasdaq 100 down 0.4% and Dow Jones futures falling nearly 80 points, as investors awaited President Trump’s tariff announcement. Reports suggested a possible 20% tariff on most imports, though details remain uncertain. The White …
Faraday Future Intelligent Electric Inc. (Nasdaq: FFAI), a California-based company focused on intelligent electric mobility, has unveiled the front fascia design of its upcoming Faraday X (FX) model. This model is expected to roll off the production line by the end of 2025, marking …
Uber Technologies, Inc. (NYSE: UBER) and WeRide (NASDAQ: WRD) have partnered with Dubai's Road and Transport Authority (RTA) to introduce autonomous vehicles (AVs) into the city’s transportation ecosystem. This collaboration is a significant step in realizing Dubai’s Self-Driving Transport Strategy, which aims to convert …
Intuit Inc. (Nasdaq: INTU) has introduced the Intuit Small Business Growth Council in the UK, a new initiative designed to help small businesses adopt AI and digital tools. The Council, composed of 18 digitally-connected business leaders, aims to amplify the voices of small businesses …
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