Hims & Hers (NYSE:HIMS) shares surged after it announced a partnership with Novo Nordisk (NYSE:NVO) that will allow it to offer the drugmaker’s weight loss product Wegovy through its telehealth platform.
Investors welcomed the collaboration, which positions Hims & Hers to participate directly in the fast-growing market for GLP-1 weight-loss drugs.
Arrow Exploration Corp (TSX-V:AXL, AIM:AXL, OTC:CSTPF) released results for what it described as its “best year on all fronts”.
“We saw substantial growth in production, revenue and EBITDA and our healthy balance sheet supports the aggressive capital program planned for 2025,” said chief executive Marshall Abbott.
G Mining Ventures Corp (TSX:GMIN, OTCQX:GMINF) revealed the results of a feasibility study for its Oko West Gold Project in Guyana, outlining a $2.2 billion after-tax net present value.
The study confirms plans for a large-scale, low-cost open pit and underground mining operation with average annual production of 350,000 ounces of gold over a 12.3-year mine life.
General Motors Company (NYSE:GM) shares fell 2% after the automaker pulled its 2025 full-year guidance, which it noted did not consider the impact of tariffs.
The company has postponed its first quarter earnings call until Thursday, when CEO Mary Barra and CFO Paul Jacobson will provide updated guidance that reflects the impact of updates to trade policy.
Pfizer Inc (NYSE:PFE, ETR:PFE) reported mixed results for the first quarter, including an earnings beat but revenue below expectations.
Revenue fell 8% from the year-ago quarter to $13.7 billion, below estimates of $14 billion.
EnWave Corp (TSX-V:ENW, OTC:NWVCF) announced that it has received the second progress payment under an Equipment Purchase Agreement with Procescir of Mexico for a 120kW Radiant Energy Vacuum (REV) machine.
The company said that the equipment is scheduled to be commissioned within the next three months.
Spotify Technology SA (NYSE:SPOT) shares slumped as the music streaming platform’s first quarter earnings and profit forecast fell short of analyst expectations, despite strong subscriber growth.
For Q1, earnings per share of €1.07 were significantly lower than the €2.33 expected, mainly due to higher-than-expected employment taxes tied to the sharp rise in its stock price over the past year.