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Novartis weighs deal for biotech Avidity Biosciences, FT reports
Aug 6 (Reuters) - Swiss drugmaker Novartis NOVN.S has approached U.S. biotech Avidity Biosciences for a potential takeover offer, the Financial Times reported on Wednesday, citing people familiar with the matter.Shares of Avidity Biosciences rose 16.4% to $44.52. It has a market value of $4.6 billio...Reuters
8 minutes ago
Shopify delivers upbeat revenue forecast on resilient demand, shares surge
Q2 revenue tops Wall Street estimates with 31% riseExecutives say no slowdown or pull-forward in consumer demandMerchants have started to raise prices, CFO saysBy Deborah Mary Sophia Aug 6 (Reuters) - Shopify on Wednesday forecast upbeat quarterly revenue, saying there was no slowdown in consumer...Reuters
18 minutes ago
Carlyle signals improving growth as profit beat estimates on fee strength
By Isla Binnie and Niket Nishant NEW YORK, Aug 6 (Reuters) - Carlyle Group CG.O laid out an improving outlook for the rest of the year on Wednesday after reporting better-than-expected profit for the second quarter, helped by a pickup in fees as it grew its assets under management.Shares rose 4....Reuters
22 minutes ago
South African rand gains on weaker dollar but tariff concerns linger
JOHANNESBURG, Aug 6 (Reuters) - The South African rand gained against a weaker dollar on Wednesday as traders ruminated over last week's weaker-than-expected U.S. jobs data, while awaiting tariff updates before Washington's deadline.At 1451 GMT, the rand traded at 17.80 against the dollar ZA...Reuters
36 minutes ago
GLOBAL MARKETS-World shares mixed, oil gains for first time in five sessions
Dollar drifts, US yields mostly higherEuro and sterling steady against dollar Trump orders additional tariffs on goods from IndiaBy Chris Prentice and Alun John NEW YORK/LONDON, Aug 6 (Reuters) - Global shares were mixed on Wednesday, with most major Wall Street equity indexes nudging higher and ...Reuters
36 minutes ago
Elon Musk Teases Notable Improvements for Tesla's New FSD Model
Tesla Motors CEO Elon Musk teased on Wednesday that new improvements for the company's Full Self-Driving model are on the way.Shares of Tesla (TSLA) rose 3% in Wednesday trading."Tesla is training a new FSD model with ~10X params and a big improvement to video compression loss. Probably ready for p...Tiger News
43 minutes ago
Where Will SoFi Technologies Be in 5 Years?
SoFi Technologies (NASDAQ: SOFI) reported a stunning 459% increase in net income in its latest quarter -- could this be the next big thing in fintech? In this video, I dive into SoFi's rapid growth and the risks that could challenge its future.Stock prices used were the market prices of Aug. 4, 2025...The Motley Fool
46 minutes ago
Ultragenyx (RARE) Q2 Revenue Up 13%
Key PointsRevenue and earnings per share both exceeded analyst expectations for the quarter.Net loss narrowed compared to the prior year, but cash use remains high.Progress continued in late-stage clinical trials for key pipeline products.These 10 stocks could mint the next wave of millionaires › Ul...The Motley Fool
46 minutes ago
California Resources (CRC) Q2 EPS Up 83%
Key PointsEarnings per share (non-GAAP) reached $1.10 in Q2 2025, surpassing analyst expectations of $0.89 (non-GAAP).Revenue (GAAP) rose to $978 million, beating GAAP revenue forecasts by $190 million.CRC returned $287 million to shareholders via buybacks and dividends.These 10 stocks could mint th...The Motley Fool
47 minutes ago
Disney tops earnings forecasts with streaming gains, raises guidance
Disney announces major deals with NFL and WWE for ESPN streamingCEO Iger highlights ESPN app launch and Hulu integrationDisney parks division sees 13% rise in operating incomeBy Lisa Richwine and Dawn Chmielewski LOS ANGELES, Aug 6 (Reuters) - Walt Disney DIS.N posted better-than-expected quarter...Reuters
52 minutes ago
Apple up as White House official says company to pledge $100 billion for US manufacturing
** Shares of iPhone maker Apple AAPL.O up 4.2% at $211.35** White House official says AAPL will announce a domestic manufacturing pledge of $100 bln on Wednesday that will focus on bringing more manufacturing to the U.S.** This comes as President Donald Trump pursues an aggressive tariff agenda to s...Reuters
55 minutes ago
