180 Life Sciences Corp. (NASDAQ: ATNF), a biotechnology company, is making a significant shift into the online gaming industry by adopting blockchain technology. The company has acquired a back-end gaming platform and plans to launch an online casino for consumers by early 2025. This strategic move represents a major change in direction as the firm…
Morgan Stanley’s stock climbed 6% on Wednesday after the bank reported better-than-expected third-quarter earnings. The company surpassed analysts’ estimates in both earnings and revenue, driven by stronger performance across all of its major divisions. Walgreens To Close 1,200 Stores Across The U.S. In Major Cost-Cutting Move Company Performance In the third quarter, Morgan Stanley reported…
Walgreens, one of the largest pharmacy chains in the U.S., has announced plans to close 1,200 stores over the next three years, with 500 closures set for fiscal 2025. This move is part of the company’s strategy to optimize operations and cut costs amid challenges in profitability. The announcement came in an earnings report, marking…
ASML (NASDAQ: ASML), a key player in the semiconductor equipment sector, has issued a disappointing forecast, sending shockwaves across the chip industry. The company’s weaker guidance for the upcoming quarter has raised concerns about the broader market, particularly the semiconductor equipment segment. Following ASML’s announcement, other major companies in the sector also saw significant drops…
Stellantis has announced a recall of 20,755 hybrid SUVs in the U.S. due to a potential safety issue with the brake pedal. The recall affects specific 2024-2025 Alfa Romeo Tonale and 2024 Dodge Hornet plug-in hybrid models. The automaker emphasized that it was aware of 15 incidents globally related to the defect, including one accident…
Madhya Bharat Agro Products’ Q2 FY25 net profit surged to Rs. 11.49 crore, up from Rs. 1.38 crore in the previous quarter. Revenue also saw growth, reaching Rs. 200.35 crore, compared to Rs. 145.68 crore in Q1 FY25. Madhya Bharat Agro Products Limited (MBAPL) has posted its Q2 FY25 financial results, reflecting a notable performance…
DB Corp, a leading media company, announced its financial results for Q2 FY25, reflecting stable revenue growth and improved profitability. Introduction: DB Corp’s Q2 FY25 Financial Overview DB Corp, the publisher of Dainik Bhaskar, reported its financial results for the quarter ending in June 2024. The company posted net sales of ₹589.85 crore, down slightly…
Newgen Software saw its shares drop over 4% on October 15, despite reporting strong revenue growth and improved margins for the September quarter. Stock Movement and Key Financial Highlights Shares of Newgen Software Technology declined 4.8% on Tuesday, October 15, closing at ₹1,287.35. The drop followed the company’s announcement of robust financial results for Q2,…
Shares of Angel One Ltd jumped by 11% in Tuesday’s trading session, driven by better-than-expected financial performance in the September quarter. The stock soared to Rs 3,011.65, cutting its year-to-date losses to 17%. Strong operational efficiency and solid growth in key segments contributed to the company’s profit beat, boosting investor confidence. Garuda Construction Shares Surge…
Shares of Garuda Construction and Engineering Ltd soared over 10% during their debut on Tuesday, trading significantly above their issue price of Rs 95. The company’s stock opened strong on both the BSE and NSE, showcasing positive market reception and investor enthusiasm for the newly listed firm. Bomb Threat In Air India Flight Company Performance…