Articles

RV industry seeing a ‘lost year’ in 2024 as orders drop, analyst says

Orders for recreational vehicles drop, but D.A. Davidson analyst sees REV Group and Shyft Group as buys.

FuelCell Energy to ask shareholders to vote on another reverse stock split

FuelCell Energy said Tuesday it will hold a special meeting of shareholders to ask them to vote on a proposal that will allow the fuel-cell technology company to enact a reverse stock split.

GeoVax’s stock slides 26% after company raises $8.5 million in stock sale

GeoVax shares have been on a tear since the World Health Organization declared mpox a public-health emergency of international concern.

Fed’s Jackson Hole meeting: A plan to cut rates gradually is emerging

The Federal Reserve will use its Jackson Hole retreat to outline to markets a gradual easing plan beginning at its mid-September meeting, economists said, ahead of the two days of discussions that will start Friday.

Eli Lilly’s Mounjaro cuts risk of developing Type 2 diabetes, study finds

Eli Lilly’s stock gained more than 2% premarket on Tuesday after the drugmaker said that tirzepatide, marketed as the diabetes drug Mounjaro and weight-loss treatment Zepbound, sharply cut patients’ risk of developing Type 2 diabetes in a late-stage trial.

AMD’s stock looks to extend gains as its splashy AI deal draws cheers

While one analyst said latest deal could help AMD “potentially close the gap” with Nvidia over several years, another said the move still “doesn’t level the playing field.”

J&J to acquire V-Wave for up to $1.7 billion in play for heart-failure device

The device, which can be inserted through a minimally invasive catheter-based procedure, received FDA Breakthrough Device Designation in 2019 and has the potential to become the first device of its kind to market, Johnson & Johnson said.

Tesla’s stock rises as EU cuts planned tariff on EV maker’s imports from China

The European Commission said it plans to place a 9% tariff on Tesla imports — down from a previously proposed tariff of above 20%.

No, Kamala Harris is not planning to turn America into Venezuela

Harris has not proposed sweeping price controls — on food, rents or anything else.

Why Palo Alto Networks’ earnings offered ammunition for both bulls and bears

Palo Alto Networks said it’s seeing progress as it seeks to drive customer adoption of a broader suite of services, but some investors may quibble with deceleration on a key metric.

Warren Buffett fears what the market doesn’t: tax hikes. And he has little room to maneuver.

The sage of Omaha acted ahead of Kamala Harris’s new corporate-tax proposal.

Amer Sports’ stock rises on stronger-than-expected sales as loss narrows

Revenue rose 16% on the strength of its flagship Arc’teryx brand.
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