Aaron McDade

Ohio

Breaking News Reporter at Investopedia

Breaking News Reporter @Investopedia | Formerly: @BusinessInsider @Newsweek

Articles

BioNTech Stock Jumps on Bristol Myers Squibb Cancer Drug Collaboration

4 days ago | investopedia.com | Aaron McDade

Key Takeaways U.S.-listed shares of BioNTech ( BNTX) jumped more than 15% Monday morning after the German vaccine maker announced a collaboration with Bristol Myers Squibb ( BMY). The companies will work together to develop and eventually sell BNT327, one of BioNTech's developmental antibodies that is in trials to treat a number of types of tumors. More than 20 trials are ongoing or planned to study the drug's effectiveness in treating certain lung, breast, and other types of cancer.
Campbell's Tops Estimates, Warns of Profit Hit Due to Tariffs

4 days ago | investopedia.com | Aaron McDade

Key Takeaways The Campbell's Company ( CPB) on Monday reported fiscal third-quarter results that topped estimates, but warned that its full-year profit would likely come in at the low end of its previous forecast. The soup maker, which dropped "Soup" from its corporate name last year, reported adjusted earnings per share (EPS) of $0.73 on net sales of $2.48 billion, both above Visible Alpha consensus projections.
Why These Steel Stocks Are Off to a Hot Start Monday

4 days ago | investopedia.com | Aaron McDade

Key Takeaways Several U.S. steelmaker stocks surged in premarket trading Monday following President Donald Trump's announcement that he plans to double tariffs on steel imports to 50%. Cleveland-Cliffs ( CLF) stock soared 24% an hour ahead of the opening bell, while shares of Steel Dynamics ( STLD) and Nucor ( NUE) were up roughly 11% and Commercial Metals ( CMC) 8%.
What Analysts Think of Dollar Tree and Dollar General Stocks Ahead of Earnings

5 days ago | investopedia.com | Aaron McDade

Key Takeaways Dollar General ( DG) and Dollar Tree ( DLTR) are set to report their first-quarter results before the opening bell Tuesday and Wednesday, respectively, with analysts staying cautious on the discount retailers' stocks.
Trump Says Tesla CEO Elon Musk Is 'Really Not Leaving' DOGE and Will Be 'Back and Forth'

1 week ago | investopedia.com | Aaron McDade

Key Takeaways President Donald Trump said Friday that Tesla ( TSLA) CEO Elon Musk is "really not leaving" his cost-cutting Department of Government Efficiency, and expects Musk is "going to be back and forth" to continue his work. Trump thanked Musk for his efforts leading DOGE so far in a Friday press conference, after Musk said earlier this week that he would leave the Trump administration and refocus on his companies.
Tesla Heads For Winning Week, Second Straight Winning Month as Musk Leaves DOGE

1 week ago | investopedia.com | Aaron McDade

Key Takeaways Tesla ( TSLA) stock is poised to end the holiday-shortened trading week higher after last week broke a four-week winning streak. Shares are also set to close higher for a second straight month as CEO Elon Musk says he is ending his government work. The electric vehicle maker's stock has trended higher over the last month since Musk said in Tesla's latest earnings call that he would scale back his government work and refocus on his companies starting this month.
American Eagle Stock Sinks on Larger-Than-Expected Q1 Loss

1 week ago | investopedia.com | Aaron McDade

Key Takeaways Shares of American Eagle Outfitters ( AEO) dropped Friday after the retailer posted a larger first-quarter loss than expected. After the bell Thursday, the apparel seller reported $1.09 billion in revenue, in line with Visible Alpha estimates and its preliminary results released earlier this month. The company lost an adjusted $0.29 per share, compared to adjusted earnings per share of $0.34 in the same quarter a year ago and a larger loss than analysts had forecast.
Gap Stock Tumbles as Retailer Estimates $100M to $150M Tariff Impact

1 week ago | investopedia.com | Aaron McDade

Key Takeaways Shares of Gap Inc. ( GAP) tumbled Friday morning after the apparel retailer warned of the negative impact of tariffs on its full-year earnings in its latest quarterly report. The retailer topped first-quarter estimates with earnings per share of $0.51 on $3.46 billion in revenue, but the outlook regarding tariffs outweighed the solid results.
Why Salesforce Stock Is Sinking Thursday After Earnings Topped Estimates

1 week ago | investopedia.com | Aaron McDade

Key Takeaways Salesforce ( CRM) shares sank on Thursday despite the software giant's first-quarter results beating estimates, as analysts voiced concerns about macroeconomic headwinds and cautioned the company's AI offerings are still in the early stages of adoption. Shares had climbed in extended trading Wednesday after the results were released, but plunged 5% to just over $261 in recent trading.
Burlington Expects 'Significant Pressure' From Tariffs as Profits Top Estimates

1 week ago | investopedia.com | Aaron McDade

Key Takeaways Burlington Stores ( BURL) Thursday reported first-quarter profits that came in ahead of estimates, but said it expects tariffs to put "significant pressure" on its margins. The discount retailer said Thursday it earned an adjusted $1.67 per share in the first quarter, up from $1.42 the same time last year and better than analysts had expected, according to estimates compiled by Visible Alpha.