Stock Research

Vaccinex Inc (NASDAQ: VCNX) tanked an alarming 40% on Wednesday despite it reporting positive early-stage results for its Alzheimer’s treatment.  The biotechnology company said its SIGNAL-AD trial established its pepinemab antibody as well-tolerated by patients of AD. A total of 16 clinical sites participated in the study, none of which reported any treatment-related serious adverse… Continue reading Vaccinex stock tanks 40% despite positive Alzheimer’s study update

Mastercard (NYSE:MA) just announced its Q2 earnings and the stock is up 4% during trading hours today. The company posted a beat on both revenue and EPS as consumers continued spending during the quarter. Double-digit growth of both the top line and bottom line comes as a relief to investors who were worried about the… Continue reading Mastercard jumps after Q2 earnings, is ’embedded finance’ the future?

Mobileye Global Inc. (NASDAQ: MBLY) faces a pivotal moment as it heads into its Q2 earnings report, set for tomorrow. Already under pressure with a 54% drop in its stock value year-to-date, the company’s challenges were compounded today as J.P. Morgan downgraded the stock. Citing concerns about the SuperVision product and inventory issues, analyst Samik… Continue reading J.P. Morgan downgrades Mobileye Global ahead of Q2 earnings: Will the stock keep falling?

Uber Technologies Inc. has announced a significant expansion of its electric vehicle (EV) fleet, with plans to introduce around 100,000 EVs manufactured by Chinese automaker BYD Co. Ltd. The initiative will initially focus on Europe and Latin America, with future expansions planned for the Middle East, Canada, Australia, and New Zealand. The collaboration aims to… Continue reading Uber to integrate 100,000 BYD electric vehicles in Europe and Latin America

Microsoft just announced its Q4 earnings and the stock hasn’t responded well. The stock fell as much as 7% after the announcement, though most of it has been recovered as we head into today’s trading session. The reason for the downfall was a slowdown in the growth of the cloud segment. This in itself wouldn’t… Continue reading Microsoft’s loss, Nvidia’s gain: Should investors worry about ever-increasing AI spending?

Delta Air Lines faces a significant financial setback following an IT outage caused by a faulty CrowdStrike update earlier in July, with estimated losses reaching $500 million. Delta’s CEO Ed Bastian announced the financial impact and emphasized the company’s intention to seek damages for the disruptions that grounded thousands of planes and caused widespread passenger… Continue reading CrowdStrike IT outage: Delta Air Lines says it faced losses of up to 500 M, will seek damages

Boeing reported a nearly 90% jump in its net loss for the quarter ending June 30, compared to the same period last year with lower commercial delivery volumes and losses in defense development programs dragging down its earnings in a big way.  The company also announced Robert K Ortberg as the new president and CEO who… Continue reading Boeing’s woes deepen as aircraft manufacturer reports 90% rise in net loss in Q2

Boeing has announced the appointment of Kelly Ortberg as its new chief executive, tasking the former leader of aerospace supplier Rockwell Collins with navigating the plane maker through one of the most challenging periods in its history. Ortberg, 64, will succeed Dave Calhoun, who has led Boeing since 2020 and previously announced his intention to… Continue reading Boeing appoints aerospace veteran Kelly Ortberg as new CEO