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The latest stocks coverage from the TrustFinance editorial desk.
The biotechnology company plans to advance its experimental Alzheimer's treatment, diranersen, to a Phase 3 study after Phase 2 data showed it slowed cognitive decline and reduced key tau biomarkers.
Governments and cities from New York to Amsterdam are imposing moratoriums and bans on new data center construction, citing concerns over the immense strain on electricity grids, water supplies, and land driven by the AI boom.
Morgan Stanley reiterated its Overweight rating on Broadcom, stating that fears of MediaTek disrupting its custom chip business with Google are overstated and that AVGO remains a 'core AI winner.'
The Denver-based budget carrier announced it will install SpaceX's satellite internet service on its aircraft, with the first connected plane set to fly in early 2027. The move highlights Starlink's growing dominance in the in-flight connectivity market.
The British energy major expects a significant boost from oil and gas prices in its second-quarter results but will also record a substantial impairment charge related to its energy transition businesses.
Accenture shares fell after IBM's disappointing preliminary Q2 earnings sparked fears of a broader slowdown in enterprise technology spending. The news compounded existing investor concerns over Accenture's recent guidance cut and slowing new bookings.
A quantitative model from Macquarie has identified its top small and mid-cap stock selections in Singapore, highlighting companies with exposure to industrial automation, AI, and commodities while underweighting rate-sensitive sectors.
India's central bank has proposed a new rule to grant a one-time approval for mutual funds, insurers, and pension funds to acquire up to a 10% stake in banks, aiming to reduce regulatory hurdles.
ServiceNow shares fell more than 6% after key partner IBM announced preliminary Q2 revenue that significantly missed Wall Street expectations, raising concerns across the enterprise software sector.
