Industries

Healthcare

Hantavirus Trade Stalls as Officials Say Risk to Public Ranges from “Low” to “Very, Very Low”

Photo via Michael Brochstein/ZUMAPRESS/Newscom

Evercore ISI analysts said in a note they “see no meaningful revenue opportunity” for Moderna in hantaviruses.

2 min read

Photo via Fan Peishen / Xinhua News Agency/Newscom

Enterprise AI

Corning Hits Record High After Signing Up AI Clients

Corning, the company that invented Pyrex, is commanding Wall Street’s attention as a supplier of fiber optics for AI.

1 min read
Photo via Ian L. Sitren/ZUMAPRESS/Newscom

Energy

Shell Pumps Out Banner Profits Despite Iran War’s Seismic Upheaval

The boom was thanks in large part to the rapid price swings, which sparked huge demand from big buyers such as airlines and utilities players.

2 min read
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Consumer

McDonald’s Beefs Up Value as Rising Gas Prices Drain Customers’ Wallets

CFO Ian Borden warned on an earnings call Thursday that the second quarter has not kicked off so swimmingly.

1 min read

M&A

GameStop’s Ryan Cohen Sidesteps Compensation Questions on eBay Deal

Photo via Aaron Schwartz/Sipa USA/Newscom

GameStop CEO Ryan Cohen is sidestepping questions about how much a proposed takeover of eBay — for $56 billion — would benefit stockholders.

2 min read

Consumer

Non-Alcoholic Beer Buoys Spirits for AB InBev Investors

Photo via Steve Heap

Shares of the beermaker soared after it reported modest sales growth in its most recent quarter on Tuesday driven by its NA beer labels.

1 min read

Autos

GM Revels in Gas-Engine Renaissance While Detroit Loses Ground to Beijing

Photo via Michael Brochstein/Sipa USA/Newscom

The automaker posted first-quarter earnings before interest and taxes of $4.3 billion, easily beating analysts’ expectations.

2 min read

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