Hormel shares hit 8-year low amid decline in retail division and Chinese market
Takeaways Hormel's food business missed earnings and revenue estimates due to lower demand and
Workday beats estimates, raises forecast as subscription sales soar, sending shares higher
Takeaways Workday beat earnings and sales estimates and raised forecasts as demand for its
PDD shares rise after Temu Parent nearly doubles revenue
Takeaways Chinese company PDD Holdings' ADR soared as shopping app operator Temu posted a
SpringWorks Therapeutics shares surge following FDA approval of desmoid tumor drug
Takeaways SpringWorks Therapeutics received FDA approval for the first and only drug to treat
Synchrony Financial shares jump as company sells pet insurance unit
Key takeaways Synchronie Financial announced the sale of its pet insurance unit, Pets Best,
Micron raises profit forecast but shares fall
Takeaways Micron Technology Inc. raised its revenue and profit forecasts for the current quarter
Amazon shares climb after Salesforce deal, report it has overtaken FedEx and UPS in deliveries
Takeaways Amazon shares rose following a report that it surpassed FedEx and UPS to
Shopify shares rise after record Black Friday as merchant sales hit $4.1 billion
Takeaways Shopify set a record for merchant sales on Black Friday. The e-commerce company
Elliott Investment Management calls for leadership shakeup at Crown Castle
Takeaways Activist investor Elliott Investment Management LP has called for a management shake-up at
Amazon-iRobot deal reportedly set for EU deal, Roomba Maker shares soar
Takeaways iRobot shares climbed after a report indicated that European regulators could give the