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Cadence Design Systems beat Wall Street’s targets for the third quarter and raised its outlook for the full year. CDNS stock rose. The post Cadence Design Systems Fashions Beat-And-Raise Q3 Report appeared first on Investor’s Business Daily.
Block stock fell after Morgan Stanley downgraded the company amid a strategic shift at its Cash App Borrow segment. The post Block Falls On Morgan Stanley Downgrade Amid Cash App Shift appeared first on Investor’s Business Daily.
Chip stocks with third-quarter earnings reports due this week include Intel and Sandisk. The post Chip Stocks Find Support Before Key Reports From Intel, Sandisk appeared first on Investor’s Business Daily.
Moderna stock yo-yoed Monday on more muted expectations for its Merck-partnered cancer vaccine, INT. The post Moderna Recovers From 10% Dive, But Muted Expectations Haunt Cancer Vaccine appeared first on Investor’s Business Daily.
Verizon stock fell amid Q3 adjusted earnings that topped estimates while revenue missed. Postpaid” phone subscribers additions beat views. The post Verizon Stock Falls On Revenue Miss Amid Lower Phone Upgrades appeared first on Investor’s Business Daily.
Anthropic IPO S-1 is published, a major step toward a public offering that could value the company at $2 trillion. The post Anthropic’s IPO Filing Shows Staggering Revenue Growth, Huge Losses appeared first on Investor’s Business Daily.
Meta stock was lower premarket after the tech giant announced plans to raise up to $95 billion in equity. The post Meta Plans To Raise Up To $95 Billion In Equity To Power AI appeared first on Investor’s Business Daily.
Xencor stock catapulted Monday to a nearly four-year high, breaking out on positive results for its experimental kidney cancer treatment. The post Xencor Catapults, Breaking Out On ‘Unprecedented,’ ‘Profound’ Cancer Data appeared first on Investor’s Business Daily.
Verizon stock wavered amid Q3 adjusted earnings that topped estimates while revenue missed. Postpaid” phone subscribers additions beat views. The post Verizon Earnings Top Estimates, Revenue Light. Wireless Subscriber Adds Beat. appeared first on Investor’s Business Daily.
Moderna and Merck stock diverged Friday as investors digested the early release of their cancer vaccine data. The post Merck And Moderna Diverge On Cancer Vaccine Results. Do They Still Have A Viable Drug? appeared first on Investor’s Business Daily.