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Phathom Pharmaceuticals Stock Drops 23% As Loss Widens In Q1

India, May 1 -- Phathom Pharmaceuticals, Inc. (PHAT) shares plunged 25.41 percent to $3.20 during Thursday's trading after the company reported a first-quarter net loss of $94.3 million, widening from... Read More


Qualcomm Issues Q3 Outlook After Strong Q2 Results; Shares Down In After-Hrs

India, May 1 -- Qualcomm Inc. (QCOM) revealed third-quarter earnings outlook after reporting higher second-quarter profit and revenues. Shares of the semiconductor major were down 6 percent on Wednesd... Read More


Meta Stock Gains On Higher Q1 Results, Positive Q2 View

India, May 1 -- Shares of Meta Platforms, Inc. gained more than 5 percent in the extended trading on the Nasdaq on Wednesday after the tech major reported higher first-quarter earnings above market es... Read More


Bank Of Japan Retains Rate As Expected; Cuts Growth Outlook Amid Tariff Uncertainty

India, May 1 -- The Bank of Japan left its interest rate unchanged for the second consecutive meeting on Thursday, and downgraded its growth projections citing trade tariff threats. The policy board ... Read More


GM Says Tariffs Will Cost Upto $5 Bln, Slashes Outlook

India, May 1 -- General Motors expects the Trump administration's auto and parts tariffs to cost it between $4 billion and $5 billion in 2025. The tariff impact led GM to slash its adjusted EBIT guid... Read More


Upbound Group Stock Surges 15% On Revenue Rise In Q1

India, May 1 -- Upbound Group, Inc. (UPBD) jumped 14.37 percent to $22.76, up $2.86 during Thursday's trading, after reporting first-quarter revenue of $1.176 billion, an increase from $1.096 billion ... Read More


Cullen Frost Bankers Q1 25 Earnings Conference Call At 2:00 PM ET

India, May 1 -- Cullen Frost Bankers (CFR) will host a conference call at 2:00 PM ET on May 1, 2025, to discuss Q1 25 earnings results. To access the live webcast, log on to https://investor.frostban... Read More


UK Market Ends Slightly Up

India, May 1 -- On a day in which most of the markets across Europe remained closed for Labor Day holiday, the UK market, where trading was on, ended marginally up on Thursday, extending its gains to ... Read More


European Economic News Preview: UK Mortgage Approvals, Factory PMI Due

India, May 1 -- Mortgage approvals and final manufacturing Purchasing Managers' survey results from the UK are the major reports due on Thursday, while most of the European markets are closed for the ... Read More


Canadian Market Retreats After Recovering From Early Drop

India, May 1 -- The Canadian market is modestly higher around noon on Thursday with shares from energy and technology sectors posting strong gains. A sell-off in materials section is limiting market's... Read More