News

US-China trade talks to formally begin this week
The talks mark a potential thaw in Sino-U.S. relations, after the two countries became embroiled in a bitter trade war ...
Bessent, Greer to meet with Chinese officials in Switzerland this week
WASHINGTON (Reuters) - U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer will meet with ...
US, Chinese officials to hold ice-breaker meeting in Geneva this week
WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent and chief trade negotiator Jamieson Greer will meet China’s top ...
Four housekeepers accuse Smokey Robinson of sexual assault
(Reuters) - Four anonymous housekeepers sued legendary Motown singer and songwriter Smokey Robinson on Tuesday for $50 ...
Jazz Pharmaceuticals misses estimates, slashes guidance on litigation costs
Jazz attributed the earnings miss primarily to a $172 million expense related to Xyrem antitrust litigation settlements. This impacted GAAP and non-GAAP results by $146.3 million after tax, or $2.34 ...
MasterBrand shares tumble on earnings miss, weak guidance
Looking ahead, MasterBrand provided full-year 2025 guidance that fell short of analyst expectations. The company forecasts adjusted EPS of $1.03-$1.32, below the $1.35 consensus. It also expects a low ...
Ultragenyx misses Q1 estimates, shares fall on weak results
Ultragenyx reported a net loss of $151 million for the quarter, or $1.57 per share, compared to a loss of $171 million, or $2.03 per share, in the same period last year. The company ended the quarter ...
Astera Labs stock falls as Q2 guidance fails to impress
The company reported strong demand for PCIe scale-up and Ethernet scale-out connectivity solutions in custom ASIC platforms. Astera Labs also highlighted its PCIe 6 connectivity portfolio, which is ...
Kulicke & Soffa misses Q2 estimates, stock tumbles on weak outlook
Despite the weak results, Kulicke & Soffa generated $79.9 million in operating cash flow and repurchased 0.5 million shares for $21.3 million during the quarter. The company ended the period with $581 ...
Varonis Systems beats Q1 estimates, shares rise on strong SaaS growth
Varonis reported Q1 adjusted earnings of $0.00 per share, beating analyst estimates of -$0.02. Revenue for the quarter came in at $136.4 million, surpassing the consensus estimate of $129.92 million ...
Arcutis Biotherapeutics stock falls despite Q1 revenue beat
Investing.com -- Arcutis Biotherapeutics, Inc. (NASDAQ: ARQT) reported first quarter 2025 financial results that exceeded analyst expectations for revenue, but the stock fell 6.9% following the ...
US says it has busted major fentanyl trafficking network
WASHINGTON (Reuters) - U.S. law enforcement officials said on Tuesday that they had taken down one of the largest fentanyl ...