Business
Stocks to Watch: Carnival, AstraZeneca, Unity Software
↗️ Unity Software (U): The gaming-software company lifted its first-quarter revenue guidance, and said it would exit the non-strategic advertising business and divest from its game publishing business. Shares jumped 11% in morning trading.
↗️ Lumentum Holdings (LITE): The laser maker is establishing a new manufacturing plant in North Carolina to produce advanced indium phosphide-based optical devices, which serve as critical components in AI data centers. Shares gained 6%.
↗️ AstraZeneca (UK:AZN): The U.K. drugmaker said a lung-disease drug candidate met the primary goal in two late-stage clinical trials, reducing the rate at which patients’ symptoms worsened. Shares rose 3.5% in London.
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