by Nabaparna Bhattacharya | May 12, 2026 | General
Aramark (NYSE:ARMK) shares surged Tuesday after the company reported fiscal second-quarter results that topped Wall Street expectations, fueled by broad-based business growth across regions and sectors. The company also pointed to growing momentum in the hyperscale AI...
by Vandana Singh | May 12, 2026 | General
Rigel Pharmaceuticals Inc. (NASDAQ:RIGL) stock is trading higher on Tuesday as the company is entering an exclusive global licensing agreement with Arvinas Inc. (NASDAQ:ARVN) and Pfizer Inc. (NYSE:PFE) for its oral PROTAC drug, VEPPANU (vepdegestrant). This news comes...
by Avi Kapoor | May 12, 2026 | General
Fox Corp. (NASDAQ:FOX) (NASDAQ:FOXA) on Monday posted upbeat fiscal third-quarter 2026 results. Revenue fell 8.6% year-over-year to $3.994 billion, down from $4.371 billion in the same period last year, topping Wall Street’s consensus estimate of $3.795 billion....
by Vandana Singh | May 12, 2026 | General
Organigram Global Inc. (NASDAQ:OGI) reported weaker second-quarter fiscal 2026 results as declining vape and infused pre-roll sales weighed on revenue and profitability. Though the Canadian cannabis producer said operational changes and its recent acquisition of...
by Nabaparna Bhattacharya | May 12, 2026 | General
Shares of BuzzFeed, Inc. (NASDAQ:BZFD) are trading higher by 122% on Tuesday following news of a proposed majority stake investment by Byron Allen’s family office. This significant move comes as the broader market is experiencing a mixed day, with the Communication...
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