Walmart Beats Q1 Sales Expectations But Gives Cautious Q2 Outlook
Walmart sales rose on strong demand and online growth, but higher fuel costs hurt profits. Outlook steady but cautious.
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Trump Administration Awards $2 Billion to Quantum Computing Firms, Takes Equity Stakes
The Trump administration is awarding $2 billion in grants to nine quantum computing companies, including IBM, and will take equity stakes in the firms to strengthen US tech leadership.
Medtronic to Acquire SPR Therapeutics for $650M to Expand Chronic Pain Treatment Options
Medtronic will buy SPR Therapeutics for a 60-day device that uses gentle nerve signals to reduce chronic pain without drugs.
BioMarin Plans FDA Submission After Positive VOXZOGO Hypochondroplasia Trial
BioMarin’s VOXZOGO improved growth in children with hypochondroplasia, showing strong trial results and good safety.
NIO Beats Q1 Estimates as Adjusted EPS Turns Positive and Q2 Guidance Tops Forecasts
NIO beat earnings and revenue, boosted margins, cut costs, and expects strong Q2 growth, sending shares higher on optimism.
Elon Musk’s SpaceX Goes Public: Starlink, AI, and a Ticket to Mars
SpaceX just filed its S-1 for what could be the biggest IPO ever. $18.7B revenue, $4.9B losses, Musk keeps 85% control, Starlink + AI growth. Nasdaq: SPCX.