Section
The latest stocks coverage from the TrustFinance editorial desk.
VivoSim Labs (VIVS) shares fell in after-hours trading, erasing a sharp intraday rally that followed news of a $5 million milestone payment from Eli Lilly. The reversal was driven by profit-taking amid the company's weak underlying financials and high short interest.
Colombia's benchmark COLCAP index ended Wednesday's session down 0.29%, weighed down by losses in the financial, investment, and public services sectors. The decline came despite notable gains from individual stocks like Cementos Argos and Ecopetrol.
Brazil's benchmark stock index, the Bovespa, ended Wednesday's session in negative territory, pulled down by significant losses in the electric power, public utilities, and consumption sectors.
United Airlines raised its full-year 2026 profit guidance, citing strong travel demand and pricing power. However, the carrier's third-quarter outlook fell short of analyst expectations due to a recent surge in fuel prices, sending shares lower in after-hours trading.
BofA Securities analysts report a strengthening recovery in the analog semiconductor sector, noting a key shift from inventory correction to genuine demand restocking and highlighting top-performing stocks.
The satellite communications company announced a proposed private offering of $1 billion in convertible senior notes to fund growth, a move that could lead to future share dilution and sent its stock lower in after-hours trading.
U.S. equities closed higher on Wednesday, led by a 0.62% gain in the Nasdaq Composite. Strength in mega-cap technology stocks, including a record high for Apple, offset losses in other sectors.
Canada's benchmark stock index closed at a new record high on Wednesday, lifted by strong performances in the financials, telecommunications, and real estate sectors.
J.B. Hunt Transport Services rallied after reporting strong second-quarter results, while United Airlines declined on a disappointing third-quarter forecast. AST SpaceMobile also dropped on a planned debt offering.
