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Zoom’s Expansion Plans Feature Two New R&D Centers, Hiring Hundreds

Zoom Video Communications (ZM) has announced that it will open two new research and development centers – one in the greater Phoenix, Arizona area and …

Sanofi CEO Says Americans to Get Potential Virus Vaccine First

French drugmaker Sanofi (SNY) said that the U.S.

Live Nation Announces $1.2B Debt Offering, Business Severely Affected by Covid-19 Crisis

Live Nation Entertainment (LYV) has announced that it priced and upsized an offering of $1.2 billion of its 6.

GM Plans To Reopen Lucrative Mexican Pickup Plant Next Week- Report

General Motors (GM) intends to reopen its lucrative Mexican pickup plant as early as next week, according to Bloomberg. The Mexican government has …

Cisco Shares Up Pre-Market After Topping Quarterly Profit Bets 

Shares in Cisco Systems Inc. (CSCO) rose after its third-quarter profit topped market expectations as work-at-home orders drove demand for its tools and …

Allogene Explodes 28% After-Hours On Initial ALLO-501 Data

On Wednesday, Allogene (ALLO) revealed positive initial data from its ALLO-501 CD19 allogeneic CAR T, showing both activity and a tolerable safety profile. …

Mastercard Sees Steady Improvements As Spending Begins To Recover

Mastercard (MA) has released its updated Q2/20 operating metrics through the week of May 7th, showing continued improvement across all major categories. Notably, …

Boeing to Pay Brazil’s Gol $412 Million For 737 MAX Groundings – Report

Brazil airline Gol Linhas Aereas Inteligentes (GOL) entered into an agreement with Boeing Co (BA) to get up to 2.4 billion reais ($412 …

Wix Reports April Demand Boom, As Revenue Surges 24% Y/Y

Website developer Wix.com (WIX) has reported solid first quarter earnings results, with Q1 Non-GAAP EPS of -$0.

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