United Parcel Service shares fell sharply as investors took profits ahead of quarterly earnings, with concerns mounting over a key U.S. Postal Service contract and intensifying price competition from Amazon.
Aspen Pharmacare announced its Canadian subsidiary has secured regulatory approval for a generic version of Novo Nordisk's popular diabetes drug, Ozempic. The commercial launch of the product is contingent on securing supplies of the active ingredient.
Oracle shares fell after an analyst report flagged a potential $500 billion funding gap for its AI expansion, regulators dealt a blow to a key data center project, and a prominent short-seller confirmed a remaining bearish position.
Traders are pricing in a potential 8.2% move in F5 Inc. shares following its earnings release on July 27, according to options data. The stock has a history of exceeding market expectations for volatility in recent quarters.
The Dutch semiconductor equipment giant is planning a conditional stock grant for eligible employees who remain with the firm from 2027 to 2030, a move aimed at retaining talent amid high demand and a tight labor market.
Semiconductor equipment giant ASML Holding NV is developing a €20,000 conditional stock grant for eligible employees to encourage retention through 2030, a move that comes as the chip industry grapples with a widespread talent shortage.
Shares of the biotech firm (NASDAQ:IMMX) dropped sharply after a STAT News report alleged its Chief Medical Officer, hired under an alias, was a fugitive arrested by federal authorities after nearly 20 years on the run.
Options data suggests Nucor Corp. shares could move 2.5% following its quarterly earnings report on July 27. The steel producer's stock has a history of exceeding these implied moves, with significant upside surprises in three of the last eight reporting periods.
Options traders are pricing in a potential 18% move for Sanmina Corp. stock following its earnings report on July 27. The electronics manufacturing services provider has a history of exceeding these implied volatility forecasts.
