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FPH News17 articles
NZX 50 Edges Higher as Fisher & Paykel and Utilities Offset Travel and Dairy Weakness
New Zealand's S&P/NZX 50 managed a slight gain on Wednesday, rising 0.05%, as strength in Fisher & Paykel Healthcare and utility stocks countered losses in travel and dairy sectors.
Dow Drops 370 Points as Five Stocks Drive Most of the Decline
The Dow Jones Industrial Average fell 370 points, with five stocks accounting for 59% of the decline. Broader markets showed resilience, suggesting sector rotation.
Amgen Lifts 2026 Forecast as Five Growth Brands Offset $772M Slump
Amgen (AMGN) raised its 2026 guidance after Q2 revenue beat estimates, as five growth brands added $923M in sales, offsetting a $772M decline from five struggling products.
Trump Media's Truth API Attracts Five Wall Street Firms Amid Profitability Woes
Trump Media's Truth API lands five Wall Street clients, offering up to $1.5M quarterly revenue, yet the media unit's $6.88M EBITDA loss persists, requiring 23-39 clients to break even.
Leveraged Nasdaq ETF TQQQ Falls 5.9% as Five-Year Annualized Gain Hits 19.3%
TQQQ fell 5.9% on July 23, 2026, compared to QQQ's 1.9% decline. Over five years, TQQQ's annualized return of 19.3% outpaced QQQ by 3.9 percentage points.
Truth API Could Double Trump Media Revenue With Five Clients
Shares of Trump Media dropped 5.3% to $8.75 after a report suggested five Truth API clients could more than double annual revenue.
Telix Pharma Slides 8.4% in Five Days, Japan Opportunity Excluded from 2026 Guidance
Telix Pharmaceuticals (ASX:TLX) shares fell 8.4% in five sessions, trailing the ASX 200 by 8.3 points. Enrollment in Japan Phase 3 reached 105 patients, but Japan remains outside 2026 revenue guidance.
Five Megacaps Face $6.5 Trillion Earnings Test This Week
Wall Street braces for key earnings from Alphabet, Tesla, Intel, Texas Instruments, and American Express, representing $6.5 trillion in market value.
Nifty 50 Hits New High as Five Stocks Drive Two-Thirds of Gains
India's Nifty 50 advanced 1.09% to 24,334.25, driven by five major stocks that accounted for 66% of the gain, while midcap and smallcap indices declined.
Earnings Quality Drives 34-Point Market Swing; Five Stocks in Focus
A 34.2-point performance gap emerged among top stocks as investors focused on earnings quality over simple beats. IBM, Goldman Sachs, and major banks are under scrutiny.
Plug Power Faces June 30 Cash Deadline After Five-Day Stock Slide
Plug Power (PLUG) shares fell for five consecutive days, dropping 10.9% to $2.54, as investors eye the June 30 deadline for a $132.5M-$142M asset sale to Stream Data Centers, a key liquidity event.
Five Below Stock Tumbles Despite Strong Q1 Results as Investor Concerns Mount
Five Below shares plunged 12.6% in after-hours trading even after the discount retailer posted better-than-expected first-quarter results and lifted its full-year outlook.
Coca-Cola Shareholders Reject Five Environmental and Social Proposals
Coca-Cola shareholders rejected five investor proposals on plastics, sustainability, and diversity. CEO Henrique Braun secured 99.84% support, and the company raised its full-year EPS forecast.
AI Jitters Push Five Penny Tech Stocks into Spotlight
Five US-listed penny tech stocks, including Fabric.AI and Kopin, are back in focus as AI-related market jitters hit the Nasdaq. New partnerships and financings fuel interest.
ASX 200 Stretches Losing Streak to Five Sessions as Energy and Bank Stocks Weigh
The S&P/ASX 200 declined for a fifth consecutive session, losing 20.1 points to 8,766.40, as energy, utility, and bank stocks dragged. Origin Energy plunged 5.25%, while Atlas Arteria jumped on a takeover offer.
Mortgage Rates Retreat, Breaking Five-Week Ascent
The average 30-year fixed mortgage rate declined to 6.37% this week, ending a five-week streak of increases. Purchase applications rose slightly but remain below last year's levels.
S&P 500 Stabilizes After Five-Week Slide, Nears Correction Threshold
U.S. equities attempted a modest recovery Monday following a five-week decline that has pushed the S&P 500 close to correction territory. The market remains under pressure from soaring crude prices and revised expectations for Federal Reserve policy.