Shares of solid-state battery developer QuantumScape Corp ( QS ) are trading sharply lower Tuesday, despite a lack of company-specific news during the session. The move comes after the company reported second-quarter financial results last Wednesday that surpassed analyst expectations. What To Know: QuantumScape ( QS ) announced quarterly losses of 20 cents per share, beating the analyst consensus estimate...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

Merck & Co. Inc. ( MRK ) shares fell over 6% in early trading Tuesday after the pharmaceutical giant reported a mixed second-quarter earnings picture, with adjusted earnings surpassing analyst consensus but overall sales experiencing a slight year-over-year decline and missing revenue expectations. The market’s cautious reaction underscores investor scrutiny of the company’s performance, particularly a significant drop in Gardasil...

10:45 AM EDT, 07/29/2025 (MT Newswires) -- The probe into Kellanova's ( K ) pending acquisition by Mars has been paused by the European Commission as it awaits data requested from the companies, Reuters reported Tuesday, citing an email from the commission. The timetable in merger investigations can be suspended if the parties fail to provide information within a prescribed...