Heartflow Stock Opens Nearly 50% Above IPO Price in Latest Hot Debut
Medical imaging company Heartflow rose nearly 50% on its first day, joining Firefly, Figma, and Circle as big IPO gainers.
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Trump Preparing IPO for Fannie Mae and Freddie Mac Later This Year
Some officials believe the offering could raise around $30 billion and value the combined firms at roughly $500 billion or more.
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Wendy's Cuts Outlook as U.S. Sales Falter
Wendy's lowered its full-year earnings and sales guidance after reporting declining revenue in the second quarter tied to weakness among its U.S. restaurants.
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Lyft Bets on Robotaxis to Drive Revenue Growth
Lyft is betting on a revenue boost from deploying autonomous vehicles in the U.S. and Europe as the San Francisco-based ride-sharing company works to scale its robotaxi presence.
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Under Armour Expects Struggles to Continue as Tariffs Dent Results
The sportswear company reported a drop in first-quarter profit and guided for steeper declines in the current quarter. It also said it expects tariff headwinds to cut its fiscal-year profit in half.
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How Intel's CEO Helped Create China's Chip Industry
Lip-Bu Tan's venture-capital firm has supported some of the biggest names in China's chip industry. With U.S.-China tensions running high, those investments no longer look so benign.
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Boeing's $4.7 Billion Spirit AeroSystems Deal Cleared in U.K.
Officials said they wouldn't open an in-depth probe into Boeing's deal to acquire the fuselage maker, effectively clearing the transaction.
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AE Industrial's Bet on Rocket Maker Firefly Soars in IPO
The firm's stake in the space company climbed to around $3.5 billion as Firefly shares surge.
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Chip Maker SMIC Sees Limited Impact of Trump's Tariffs
China's largest chip maker said the U.S. tariffs should continue to have a limited impact as demand from domestic clients is increasing sharply and overseas clients are better prepared for the headwinds.
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Meta, Robby Starbuck Settle AI Defamation Lawsuit
The conservative activist will advise the company on removing political bias from its AI tools.
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Jaguar Land Rover Backs Guidance Despite Hit From Tariffs and EV Transition
Revenue fell 9.2% and reflected the U.S. putting a 25% tariff on top of an existing 2.5% duty on U.K. and EU-made vehicles exports.
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Battle for Seattle: Can Delta Keep Dominating International Flights?
Alaska Airlines is launching flights to Europe and Asia, bringing more competition to the global gateway.
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Why a Weight-Loss Pill Is Still a Big Deal
Eli Lilly shares fell after the company's oral drug showed less weight loss than hoped. It could still be huge.
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Apple Got the Jump on Tariffs, Deciding Years Ago to Make iPhones in India
CEO Tim Cook sought new factory locales outside China, a prescient move that along with a new $100 billion U.S. investment will shield the company-for now.
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Jamie Dimon Took a Bus Tour Down South. We Rode Along.
Top executives at JPMorgan Chase traveled through states including Mississippi and Alabama, where the bank is expanding its reach.
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Munich Re Lowers Revenue View on Currency Impacts, Shares Tumble
The company cut its insurance revenue guidance for the year due to business and exchange-rate developments, but backed its profit view.
(END) Dow Jones Newswires
August 08, 2025 15:00 ET (19:00 GMT)
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