Since retaking the White House, Donald Trump's reported net worth has remained broadly stable, around $6.5 billion on Election Day to roughly $6.4 billion today.
While Lynozyfic was granted accelerated approval based on response rate in the LINKER-MM1 trial, continued approval may depend upon verification and description of clinical benefit in a confirmatory trial, the company said.
The Treasury Secretary also called out the Federal Reserve for having “tariff derangement syndrome”, echoing President Trump’s attacks on Fed Chair Jerome Powell.
Adobe stock fell 4.59% after Redburn-Atlantic downgraded shares to Sell, warning that generative AI tools are eroding the company's competitive advantage.
Beginning on May 1 next year, the contracts will guarantee steady income for four power stations situated in Iroquois Falls, Kingston, Kapuskasing, and North Bay.
Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) jumped 4.4% in the afternoon session after the company reported its second-quarter production and delivery numbers, which, despite a year-over-year decline, were not as low as some investors had feared.
Shares of rail transportation company Greenbrier (NYSE:GBX)
jumped 19% in the afternoon session after the company posted much stronger-than-expected results for its fiscal third quarter and raised its profitability guidance for the full year. The railcar manufacturer reported quarterly earnings of $1.86 per share, handily beating analyst estimates of 98 cents. Sales also beat by a decent margin. The company achieved an aggregate gross margin of 18%, marking the seventh consecutive quarter it has met or exceeded its mid-teens target. Buoyed by the strong performance, Greenbrier raised its full-year guidance for both gross margin and operating margin. The company also highlighted new railcar orders for 3,900 units, valued at over $500 million, and a robust backlog of 18,900 units worth $2.5 billion. Additionally, the board declared its 45th consecutive quarterly dividend and noted ongoing share repurchases.
Shares of iPhone and iPad maker Apple (NASDAQ:AAPL) jumped 2.6% in the morning session after Jefferies upgraded the stock following a report indicating strong iPhone sales.
Shares of landscaping service company BrightView (NYSE:BV)
fell 11.2% in the afternoon session after the company lowered its fiscal 2025 revenue guidance, citing macroeconomic pressures.
Shares of health insurance company Oscar Health (NYSE:OSCR) fell 15.1% in the afternoon session after Barclays assigned a Bearish rating and negative sentiment spread from a peer company.
Shares of health coverage company Centene (NYSE:CNC)
fell 39.4% in the afternoon session after the company unexpectedly withdrew its full-year 2025 financial guidance, citing significantly higher-than-anticipated costs in its insurance marketplace and Medicaid businesses.
Shares of financial services company Robinhood (NASDAQ:HOOD)
jumped 7.7% in the afternoon session after traders speculated that it could soon be added to the S&P 500. This speculation was fueled by the official close of Hewlett Packard Enterprise's acquisition of Juniper Networks, which opened a spot in the index.
Shares of healthcare insurance company Molina Healthcare (NYSE:MOH)
fell 20.8% in the afternoon session after a sector-wide sell-off as competitor Centene pulled its full-year financial guidance.
Shares of computer processor maker Intel (NASDAQ:INTC)
fell 5.1% in the morning session after reports emerged that the company was considering a significant shift away from its 18A chip-making process. The potential move away from marketing its 18A process to new foundry customers signaled a major pivot for the chipmaker. This technology, which has incurred billions in development costs, was intended to make Intel competitive with industry leader TSMC.
Organon said that the mid-stage study evaluating its OG-6219 in endometriosis-related pain did not demonstrate improvement in moderate-to-severe endometriosis-related overall pelvic pain compared to placebo.
Stay up-to-date with the latest market trends in the middle of the day on Wednesday. Explore the top gainers and losers during today's session in our detailed report.
