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Pure Storage (PSTG) benefits from strong sales momentum, owing to steady demand for its product portfolio amid soft macroeconomic conditions.
Atossa Therapeutics Inc (NASDAQ:ATOS), a company specializing in developing pharmaceuticals, has announced that a pre-menopausal breast cancer patient has completed a successful five-year treatment using its drug (Z)-endoxifen. The Seattle-based company reported that the patient, diagnosed with Estrogen Receptor positive (ER+) / Human Epidermal Growth Factor Receptor 2 negative (HER2-) breast cancer, remains cancer-free with no significant safety or tolerability issues reported throughout the treatment period.
The manufacturing sector is showing signs of recovery which is likely to benefit stocks like Emerson Electric (EMR), Eaton Corporation (ETN), Applied Industrial Technologies (AIT) and Luxfer Holdings (LXFR).
Consumer staple stocks like The Clorox Company (CLX), Grocery Outlet Holding Corp. (GO), Molson Coors Beverage Company (TAP), Tyson Foods (TSN) and Pilgrim's Pride Corporation (PPC) are a safe bet during market volatility.
Product innovations and strategic progress bode well for Tandem Diabetes (TNDM).
Honeywell CEO Vimal Kapur talks about possible acquisition targets, innovations in artificial intelligence, the future of aviation, supply chain issues and redeploying $8 billion in capital. He speaks to Bloomberg's Francine Lacqua in London.
Archer Aviation is developing electric passenger aircraft. The company is burning cash and will need to keep raising money.
Achieving a balance between short-term returns and long-term sustainability remains a formidable challenge for oil companies like SHEL, BP and XOM amidst a rapidly evolving energy landscape.
Synlogic, Inc. (SYBX) came out with a quarterly loss of $1.71 per share versus the Zacks Consensus Estimate of a loss of $1.11. This compares to loss of $3.60 per share a year ago.
KeyBanc Capital Markets say the two companies should be able to grow revenue more than 20%.