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CrowdStrike surged more than 11% after exceeding fiscal second-quarter expectations and raising guidance, with CEO attributing growth to increased demand for AI-focused security solutions.
Best Buy reported fiscal Q2 results beating expectations with 4.1% comparable sales growth and raised full-year outlook, though stock fell 7% in morning trading Thursday.
Family offices increased stock holdings to 37% of portfolios in the second quarter, up from 34% in the first quarter, while trimming exposure to private markets and real estate.
SIGA Technologies reported a 65% profit decline for the second quarter as a major government contract concluded, though the company remained profitable and paid a special dividend to shareholders.
Voya Financial reported declining second-quarter earnings amid severance costs, though its retirement and investment management segments showed strong asset growth and fee revenue increases.
Protagonist Therapeutics swung to a $162.8 million profit in the second quarter, boosted by milestone payments from its psoriasis drug ICOTYDE and the injectable rusfertide awaiting FDA approval.
