Industries

Healthcare

AstraZeneca Plunges After New Heart Disease Drug Fails Trial

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AstraZeneca’s shares fell as much as 10.6% in London, which is its largest intraday plummet since 2017, per Bloomberg.

1 min read

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Consumer

Slowing Costco Sales Growth Unnerves Investors

Shares in the membership-based retailer fell 4.1% on Thursday after a June sales update failed to meet Wall Street’s lofty expectations.

1 min read
Photo via Nicolas Economou/ZUMAPRESS/Newscom

Consumer

Delta Introduces Business Class on a Budget

Delta’s move mirrors what rival airlines are doing, creating more upsells to tempt travelers who want to upgrade.

2 min read
Photo via Xavi Lopez/ZUMA Press/Newscom

Consumer

Investors Find a Fashion Faux-Pas in Levi’s Upbeat Earnings

Under CEO Michelle Gass, who took the top job in 2024, Levi Strauss has pursued a multi-faceted turnaround focused on a DTC model.

1 min read

Industrials

Bulls Dominate Wall Street’s Analysis of SpaceX

Photo by SpaceX via Unsplash

Opinions ranged from “bullish” to “extremely bullish” among the four big banks that led the SpaceX IPO, as each initiated coverage on Tuesday.

2 min read

Electric Vehicles

Tesla’s Delivery Rebound Fails to Crush Negative Narrative

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Even with the big sales resurgence, Tesla likely won’t touch its annual deliveries peak set in 2023, when it sold 1.8 million cars.

2 min read

Photo illustration by Connor Lin / The Daily Upside, Photo by Sveipe via iStock

Healthcare

Psychedelic Nation? Psilocybin Treatments Offer New Hope for People Prozac Hasn’t Helped

Psychedelic medications, backed by the White House, may alter the prognosis for people with treatment-resistant depression, but risks remain.

5 min read
Photo via Alexandra Buxbaum/Sipa USA/Newscom

Consumer

Budget-Conscious Shoppers Splurge on General Mills’ Cat Treats While Skipping Cereal

General Mills lost $2 billion in its latest quarter, but cost cutting and innovation plans served as investor-luring lucky charms.

1 min read
Photo via Richard B. Levine/Newscom

Industries

What’s a Better Omen for Beer Sales Than Constellation Brands’ Earnings? The World Cup

2 min read

Industries

Dronemaker AeroVironment Climbs 19% as Pentagon Races to Expand UAV Fleet

Photo via Polaris/Newscom

Shares in dronemaker AeroVironment closed up 19% as an earnings report that blew away Wall Street’s forecasts marshaled a fierce rally.

2 min read

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