News
Important Only
Evolv Technologies Q2 revenue up 29%, beats estimates
OverviewEvolv Technologies Q2 revenue grows 29%, beating analyst expectations, per LSEG dataAdjusted EPS for Q2 beats consensusCo raises 2025 revenue growth outlook to 27%-30%OutlookEvolv expects 2025 revenue between $132 mln and $135 mlnCompany anticipates 2025 revenue growth of 27% to 30%Evolv aim...Reuters
Thu, Aug 14
Venus Concept Q2 profit misses estimates
OverviewVenus Concept Q2 revenue of $15.7 mln beats analyst expectations, per LSEG dataNet income and EPS for Q2 missed analyst expectations, per LSEG dataCo announced sale of Venus Hair business for $20 mln to focus on core operationsOutlookCompany not providing financial guidance for fiscal year 2...Reuters
Thu, Aug 14
The Metals Co Q2 net loss widens, misses analyst expectations
OverviewThe Metals Co Q2 net loss widens to $74.3 mln, missing analyst expectationsEPS for Q2 at -$0.20, compared to analyst estimate of -$0.05Co receives NOAA compliance notice for exploration applications, progresses regulatory pathOutlookCompany targets Q4 2027 for NORI-D commercial production st...Reuters
Thu, Aug 14
MacroGenics Q2 revenue rises
OverviewMacroGenics Q2 revenue rises to $22.2 mln, driven by higher manufacturing volumeCompany received $70 mln upfront from Sagard for ZYNYZ royalty agreementNet loss narrows to $36.3 mln, cash runway expected through H1 2027OutlookMacroGenics anticipates cash runway through first half of 2027Resu...Reuters
Thu, Aug 14
US charges two in $275 million water vending machine Ponzi case
Military veterans among those allegedly defraudedAuthorities say many water machines didn't existJefferies ex-manager was victim, not villain, lawyer saysBy Jonathan StempelNEW YORK, Aug 14 (Reuters) - A Washington state entrepreneur and a former Jefferies portfolio manager were criminally charg...Reuters
Thu, Aug 14
Lyft Announces Updates To Board Of Directors And Enhanced Voting And Governance Structures
Aug 14 (Reuters) - Lyft Inc LYFT.O:LYFT ANNOUNCES UPDATES TO BOARD OF DIRECTORS AND ENHANCED VOTING AND GOVERNANCE STRUCTURESLYFT INC - CO-FOUNDERS GREEN AND ZIMMER TO STEP DOWN FROM BOARDLYFT INC - CO-FOUNDERS LOGAN GREEN AND JOHN ZIMMER TO STEP DOWN FROM LYFT BOARD AND CONVERT CLASS B SHARESLYFT I...Reuters
Thu, Aug 14
Analysts lift ratings on Australia's Origin but target still below last close
Aug 14 (Reuters) - ** Analysts at Jefferies raise PT on Australia's Origin Energy ORG.AX to A$13.15 from A$12.34; while Morningstar lifts fair value estimate by 15% to A$10 ** Jefferies notes Origin's annual results underscore strong performance of its energy markets division, driven by g...Reuters
Thu, Aug 14
Trump Administration Is Said To Discuss US Taking Stake In Intel - Bloomberg News
Aug 15 (Reuters) - TRUMP ADMINISTRATION IS SAID TO DISCUSS US TAKING STAKE IN INTEL - BLOOMBERG NEWSTHE DEAL WOULD HELP SHORE UP INTEL’S PLANNED FACTORY HUB IN OHIO - BLOOMBERG NEWSSource text: bloom.bg/3V2O9DcReuters
Thu, Aug 14
US government to shed 300,000 workers this year, Trump's HR chief forecasts
By Courtney Rozen WASHINGTON, Aug 14 (Reuters) - The Trump administration will likely shed around 300,000 workers this year, its new human resources chief said on Thursday, which would amount to a 12.5% decrease in the federal workforce since January.Office of Personnel Management director Scott ...Reuters
Thu, Aug 14
EU's Kallas says Israeli settlement plan breaches international law
BRUSSELS, Aug 14 (Reuters) - European Union foreign policy chief Kaja Kallas said on Thursday that an Israeli settlement plan is not in line with international law, and she called on Israeli authorities not to move ahead with it. Israel's far-right finance minister, Bezalel Smotrich, has announc...Reuters
Thu, Aug 14
CEO: Hippo ‘back on the offense’ after improved Q2 results and Baldwin partnership
By Michael LoneyAug 14 - (The Insurer) - Hippo is set to grow its premiums and profits as well as diversify its portfolio following an improved performance and the announcement of a strategic partnership with The Baldwin Group in the second quarter, the insurtech’s CEO told The Insurer.Hippo on Augu...Reuters
Thu, Aug 14
US judge overturns Amgen's $50.3 mln loss in cancer drug patent case
By Blake Brittain Aug 14 (Reuters) - Amgen AMGN.O convinced a federal judge in Delaware on Thursday to invalidate two patents owned by Lindis Biotech, undercutting a $50.3 million jury verdict Lindis won last year in an infringement lawsuit over Amgen's leukemia drug Blincyto.U.S. District Ju...Reuters
Thu, Aug 14
US senators call for Meta probe after Reuters report on its AI policies
By Jody Godoy Aug 14 (Reuters) - Two Republican U.S. senators called for a congressional investigation into Meta Platforms META.O on Thursday after Reuters exclusively reported on an internal policy document that permitted the company’s chatbots to “engage a child in conversations that are romant...Reuters
Thu, Aug 14
US approves potential sale of rocket system to Bahrain for $500 million
Aug 14 (Reuters) - The U.S. State Department has approved a potential sale of the M142 High Mobility Artillery Rocket System and related equipment to Bahrain for an estimated cost of $500 million, the Pentagon said on Thursday.The principal contractor for the sale is Lockheed Martin LMT.N.Reuters
Thu, Aug 14
WRAPUP 6-Trump says Putin ready to make deal on Ukraine, US hopes to include Zelenskiy
Trump says Putin is ready to make a deal on UkrainePutin praises US efforts to end war in UkraineRussian leader proposes nuclear arms deal with USUkrainian allies say Trump is willing to back its securityBy Nandita Bose, Dmitry Antonov and Olena Harmash WASHINGTON/MOSCOW/KYIV, Aug 14 (Reuters) - ...Reuters
Thu, Aug 14
Exclusive: Burns & Wilcox strengthens Michigan team with Shalay's return and new hires
By Mia MacGregorAug 14 - (The Insurer) - Burns & Wilcox has strengthened its Michigan operations with the appointment of Taras Shalay as associate managing director, alongside the addition of a new team of professional liability and commercial brokers.Shalay returns to Burns & Wilcox after a...Reuters
Thu, Aug 14
More California bar exam scores go from fail to pass amid errors
By Karen Sloan Aug 14 (Reuters) - The State Bar of California on Thursday disclosed more grading mistakes on its glitch-ridden February bar exam after test takers raised concerns over how their exams were scored. The scoring errors, outlined during a Thursday joint meeting of the state bar’s Boar...Reuters
Thu, Aug 14
