The atai Life Sciences (NASDAQ:ATAI, ETR:9VC) story has become more attractive following the release of robust Phase 2b trial results for BPL-003 in treatment-resistant depression, analysts at Jefferies believe.
BPL-003, an intranasal formulation of DMT developed in partnership in Beckley Psytech, demonstrated rapid, robust and durable antidepressant effects with a single dose.
Bombardier (TSX:BBD.A) shares surged almost 20% after the Montreal-based aircraft manufacturer announced it had received a firm order for 50 Challenger and Global business jets valued at US$1.7 billion, along with a long-term maintenance contract with an undisclosed first-time buyer.
Deliveries are scheduled to begin in 2027, and the buyer also holds options for 70 additional aircraft, which could raise the total deal value to over US$4 billion.
Rivian Automotive Inc (NASDAQ:RIVN) shares moved lower as it reported a nearly 23% year-over-year drop in second quarter vehicle deliveries.
The electric vehicle company delivered about 10,600 vehicles, down from the year-ago period but marking a 23% increase compared to the approximately 8,600 vehicles delivered in Q1.
Centene Corp (NYSE:CNC) shares fell almost 40% after the healthcare company withdrew its full-year 2025 financial guidance due to weak growth and higher-than-expected costs in its Affordable Care Act (ACA) marketplace business.
Based on a preliminary analysis from the independent actuarial firm Wakely, Centene anticipates a $1.8 billion shortfall in risk adjustment revenue for 2025, which translates to a $2.75 per share reduction in adjusted earnings.
Nike Inc (NYSE:NKE, ETR:NKE) shares moved higher after US President Donald Trump announced that the country has reached a trade deal with Vietnam.
Vietnam is a key sourcing country for Nike's footwear production, which accounts for a significant portion of its supply chain.
Synchronoss Technologies Inc (NASDAQ:SNCR), a global provider of personal cloud solutions, announced that it has been added to the Russell 2000 index, effective as of the opening of US markets on Monday, June 30.
The company’s inclusion follows a multi-year business shift, during which it restructured to focus primarily on cloud-based solutions. This transition was aimed at creating a more consistent operating model with improved financial performance.