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Insmed posts wider quarterly loss

Insmed Inc. (INSM) reported a Q4 loss of $235.5 million ($1.32/share) vs. the Zacks estimate of a $1.15 loss. The biopharmaceutical company posted revenue of $104.4 million, topping estimates of $104.3 million.

Waabi Raises $280M to Develop Self-Driving Trucks

Waabi, founded by Raquel Urtasun in 2021, has raised $280 million in funding to advance its AI-powered self-driving technology. Backed by investors like Nvidia and Uber, Waabi aims to revolutionize the transportation industry.

US Stocks Rise Amid Tariffs and Fed Minutes

US stocks closed higher on Wednesday as investors assessed President Trump's latest 25% tariff announcement and analyzed the Federal Reserve minutes for insights into future policy. The benchmark S&P 500 (^GSPC) gained about 0.2% to touch a new record high of 6,144.15, after hitting a record on Tuesday too. The Nasdaq Composite (^IXIC) and the Dow Jones Industrial Average (^DJI) both rose about 0.1%.

Trump Advisers Aim to Influence Borrowing Costs by Targeting 10-Year Treasury Rate

Trump's economic advisors aim to lower borrowing costs by targeting the 10-year Treasury yield, influenced by market forces rather than the Fed's monetary policy. They believe controlling inflation and promoting growth will reduce the yield and free up capital for investments.

Intel stock jumps 16% on report of potential Broadcom, TSMC deals

Intel stock soared 16% on reports that Broadcom and TSMC may explore deals to split the chipmaker into two companies.

BHP Raises $3 Billion Through Senior Unsecured Bond Issuance

BHP raises $3 billion through senior unsecured bonds in the United States

IFF reports loss in fourth quarter, beats estimates

International Flavors & Fragrances Inc. (IFF) reported a loss of $46 million in its fourth quarter, but earnings, adjusted for non-recurring costs, were 97 cents per share, beating Wall Street expectations. For the year, the company reported a profit of $243 million, or 95 cents per share.

Vulcan Materials beats Q4 earnings estimates

Vulcan Materials Co. (VMC) reported fourth-quarter earnings of $293.8 million, exceeding Wall Street expectations. The company posted revenue of $1.85 billion, also topping Street forecasts.

NeoGenomics Misses Q4 Sales Targets, but Guides Above Estimates

NeoGenomics (NEO) missed Q4 sales estimates but still grew 10.6% YoY. Non-GAAP EPS beat estimates by $0.01. Revenue guidance for 2025 is slightly above analyst estimates, implying 12% growth. Get the full research report for valuation and investment insights.

Fed's Harker Sees Room to Wait for Inflation Progress

Fed's Harker anticipates further policy rate declines, citing resilient economy and progress on inflation.