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Snowflake Shares Surge 35% After Strong Q1 Revenue Growth And Raised Outlook

India, May 28 -- Snowflake Inc. (SNOW) shares soared 34.54 percent to $235.79, up $60.53 on Thursday, after the cloud-based AI data platform company reported a narrower first-quarter loss, strong reve... Read More


U.S. New Home Sales Pull Back Sharply In April

India, May 28 -- After reporting a sharp increase in new home sales in the U.S. in the previous month, the Commerce Department released a report on Thursday showing new home sales pulled back by much ... Read More


Ipsen Releases New Phase 3 And Phase 4 Data Strengthening IQIRVO In Treating Cholangitis And Fatigue

India, May 28 -- Ipsen S.A. (IPN.PA), a biopharmaceutical company, on Thursday released new late-breaking data strengthening evidence for IQIRVO in treating primary biliary cholangitis, fatigue, and p... Read More


Wix To Cut About 20% Of Workforce Amid AI Shift

India, May 28 -- Website development platform Wix.com Ltd. (WIX) is cutting roughly 20% of its workforce as part of a broad restructuring aimed at adapting to the rapid rise of artificial intelligence... Read More


U.S. Economy Grows Less Than Previously Estimated In Q1

India, May 28 -- Revised data released by the Commerce Department on Thursday showed the U.S. economy grew by less than previously estimated in the first quarter of 2026.The report said real gross dom... Read More


Tyson Foods Stock Drops 4% Over CEO Donnie King's Resignation Announcement

India, May 28 -- Stock of Tyson Foods, Inc. (TSN) is dropping about 4 percent on Thursday morning after the company announced that President and Chief Executive Officer Donnie King will step down from... Read More


BMO Financial Renews Partnership With Vector Institute For 5 More Years For Advancing AI

India, May 28 -- BMO Financial Group (BMO,BMO.TO) Thursday announced a renewed strategic partnership with the Vector Institute for Artificial Intelligence for an additional five years. The renewal rei... Read More


U.S. Stocks Show Notable Turnaround Seeing Initial Weakness

India, May 28 -- After moving to the downside early in the session, stocks have shown a notable turnaround over the course of the trading day on Thursday. The major averages have climbed well off thei... Read More


CECO Environmental Stock Falls 8% After Shareholders Approve Merger With Thermon Group Holdings

India, May 28 -- Shares of CECO Environmental Corp. (CECO) are falling around 8 percent in Thursday morning trading after shareholders of the company and Thermon Group Holdings, Inc. (THR) approved th... Read More


Photronics Plunges 32% On Weak Margin Outlook, Slowing IC Demand

India, May 28 -- Shares of Photronics, Inc. (PLAB) tanked over 32% on Thursday morning after reporting second-quarter results and warning of near-term headwinds in the semiconductor market. The stock ... Read More