00:03 Speaker A
Let’s get to some more of today’s trending tickers. We are watching Neo, Signet Jewelers and Amgen.
00:09 Speaker A
First up is Neo, the Chinese electric vehicle maker reporting a miss on revenue and deliveries for its second quarter. Looking ahead, third quarter guidance for revenue and deliveries, also falling shorts, a short of Wall Street expectations. This coming amid intense competition in the EV market.
00:27 Speaker A
Next up is Signet Jewelers, the company reporting better than expected earnings and same store sales in the second quarter. Adjusted operating income also grew more than 20%. Signet highlighting that second quarter results were driven in part by effective promotion and pricing strategies.
00:41 Speaker A
reflecting those second quarter results, expectations for the third quarter and current tariff landscape, Signet is raising its fiscal 2026 guidance.
00:54 Speaker A
And we’re watching Amgen as well. That company jumping in on the string of new US investments by the pharmaceutical industry. It’s planning to spend more than $600 million to build a new research and development facility near its headquarters in Thousand Oaks, California. The building will feature advanced automation and digital capabilities. Construction expected to begin in the third quarter this year and create hundreds of US jobs. Those shares little changed.
01:21 Speaker A
And as always, you can scan the QR code below to track the best and worst performing stocks with the Yahoo Finance’s trending tickers page.