Why Verve Therapeutics Stock Is Skyrocketing Today
The Motley Fool· 2025-06-17 15:05
Shares of Verve Therapeutics (VERV 76.24%) were skyrocketing 75.7% higher as of 10:50 a.m. ET on Tuesday. And for good reason. Eli Lilly (LLY -1.40%) and Verve Therapeutics announced a "definitive agreement for Lilly to acquire Verve."Lilly offered $10.50 per share in cash, payable at the closing of the transaction. This represents a premium of around 113% to the 30-day volume-weighted average trading price of Verve stock for the period ending June 16, 2025.In addition, Verve shareholders will receive one n ...
Jabil AI Revenue Jumps 51 Percent
The Motley Fool· 2025-06-17 15:05
Jabil Inc. (JBL 10.81%) reported Q3 FY2025 results on June 17, 2025. AI-driven Intelligent Infrastructure revenue surged approximately 51% year over year to $3.4 billion. The following analysis provides distinct insights into strategy, capital allocation, and future growth scaffolding based directly on management’s commentary and disclosures.AI Infrastructure Acceleration and U.S. Capacity InvestmentManagement noted their multi-site U.S. manufacturing base now exceeds 30 locations. The company announced a n ...
Strattec Security Trades at a Discount: Time to Bet on the Stock?
ZACKS· 2025-06-17 15:01
Key Takeaways STRT trades at 5.02x EV/EBITDA, well below the industry average of 18.34x. Gross margin surged 560 bps YoY as STRT raised prices and restructured operations. For FY25, planned $7.5M capex targets IT upgrades, efficiency and product development.Strattec Security Corporation (STRT) , a leading global company that manufactures high-tech locking and access systems for cars, is trading at a 5.02x trailing 12-month Enterprise Value to Earnings Before Interest, Taxes, Depreciation and Amortization ...
Can Sprouts Farmers Sustain Its 28% E-Commerce Sales Growth?
ZACKS· 2025-06-17 15:01
Key Takeaways SFM's e-commerce sales rose 28% in Q1 2025, now making up 15% of total revenues. Growth was broad-based across Instacart, DoorDash and Uber Eats, boosted by unique product appeal. A new loyalty program launching in H2 2025 aims to boost digital growth through personalization.Sprouts Farmers Market, Inc. (SFM) reported 28% growth in e-commerce sales for the first quarter of 2025, with digital channels now accounting for 15% of total sales. Management indicated that this performance was broad- ...
Earnings Preview: TD SYNNEX (SNX) Q2 Earnings Expected to Decline
ZACKS· 2025-06-17 15:01
The market expects TD SYNNEX (SNX) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended May 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Jun ...
Carnival (CCL) Earnings Expected to Grow: What to Know Ahead of Q2 Release
ZACKS· 2025-06-17 15:01
The market expects Carnival (CCL) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended May 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss, the st ...
Reddit stock jumps after company rolls out new AI advertising tools
CNBC· 2025-06-17 15:00
Reddit shares popped about 5% after the social media company debuted new artificial intelligence-powered advertising tools.The two new features, announced Monday in a post during the Cannes Lions festival, will help brands better leverage discussions on the platform. The company said the tools are powered by an engine called Reddit Community Intelligence that turns "posts and comments into structured intelligence."Reddit announced a "listening tool" called Reddit Insights, which shares real-time insights wi ...
iRhythm Technologies, Inc. (NASDAQ: IRTC) Investor Alert: Schubert Jonckheer & Kolbe LLP Investigating Possible Shareholder Claims for False Statements and Insider Trading
Prnewswire· 2025-06-17 15:00
SAN FRANCISCO, June 17, 2025 /PRNewswire/ -- Schubert Jonckheer & Kolbe LLP advises iRhythm Technologies, Inc. investors that the firm is investigating potential legal claims relating to alleged false statements exaggerating the capabilities of iRhythm's wearable Zio AT heart event monitor. Current shareholders are encouraged to contact the firm.On June 3, 2025, Judge Jacqueline Scott Corley of the U.S. District Court for the Northern District of California issued an order allowing key claims in a securitie ...
ABB and HEMERIA collaborate to advance the monitoring of space
Globenewswire· 2025-06-17 14:59
Frederic Pelletier, ABB, Nicolas Multan, CEO of HEMERIA and Benoit Rigourd, ABB Frederic Pelletier, ABB, Nicolas Multan, CEO of HEMERIA and Benoit Rigourd, ABB ABB has signed a Memorandum of Understanding (MoU) with HEMERIA, a leading French provider of satellite platformsThe companies will explore solutions for space situational awareness, leveraging ABB’s technology capable of detecting and tracking objects in complex environmentsThe collaboration aims to enhance the performance and capabilities of sp ...
Remitly: Growth At A Reasonable Price In The Remittance Business
Seeking Alpha· 2025-06-17 14:56
Following positive momentum in Remitly Global's (NASDAQ: RELY ) stock after it posted Q1 earnings, the stock has dropped consistently, erasing all the gains. On May 7, Remitly announced quarterly revenues of $361.62 million and an adjusted EPS of $0.19, achievingHey there! My focus here is to provide you with insightful rating analysis on the world's leading financial firms to help you navigate and comprehend the latest investment opportunities while identifying potential pitfalls. My favorite picks are tho ...