W. R. Berkley Q2 Profit Rises on Stronger Underwriting and Investment Income
Commercial insurer W. R. Berkley posted a higher second-quarter profit, driven by an improved combined ratio of 90% and a 10.4% increase in net investment income.
Latest by Marcus Chen
Tesla Stock Hovers Above Critical $368.74 Support Level
Tesla (TSLA) shares are trading precariously close to a key technical support level at $368.74, a threshold that could determine the stock's short-term direction. Technical indicators point to significant bearish pressure, but oversold conditions offer a glimmer of hope for a potential rebound.
Microsoft Stock Stalls at Key Technical Level as Momentum Wanes
Microsoft shares are facing a critical test at the 200-period moving average after a significant rally. Technical indicators suggest buyer momentum is fading, creating uncertainty for the stock's near-term direction.
Bank of America Names Top Packaging Stock Picks, Citing Strong Pricing and Demand
Bank of America analysts have identified their top picks in the packaging and paper sector, highlighting companies like Packaging Corp. of America and Crown Holdings as poised to benefit from improving fundamentals.
Nuvation Bio Shares Rise on Promising Safusidenib Data and Pivotal Trial Plans
Shares of the oncology company gained after it released positive updated Phase 2 results for its brain cancer drug, safusidenib, and announced plans for a new pivotal Phase 3 study.
Kalaris Therapeutics Stock Slides 6.4% Despite Naming Veteran Analyst as New CFO
Shares of the clinical-stage biopharma company fell on Monday despite the appointment of Liisa Bayko, a former senior biotechnology analyst at Evercore ISI, as its new Chief Financial Officer.
Karman Space & Defense Shares Fall Despite Announcing $94 Million UK Acquisition
Shares of Karman Holdings Inc. declined on Monday even as the company announced a strategic $94 million acquisition of UK-based Walker Precision Engineering, a move designed to expand its presence in the European defense market.
Ondas Holdings Shares Rise After Securing $6.9 Million Australian Defence Contract
Shares of Ondas Holdings (NASDAQ:ONDS) gained over 5% after the company announced its U.S. defense division won a $6.9 million order from the Australian Department of Defence for its counter-drone systems.
Trump Administration Tightens Rules on Foreign Sourcing for Defense Contractors
President Donald Trump has signed a new executive order imposing stricter requirements on U.S. defense contractors seeking waivers to use foreign suppliers, a move aimed at reducing reliance on countries like China for critical materials.