Company News for Sep 2, 2026

Medtronic (MDT) and MindMed (MMED) beat first-quarter revenue estimates, sending MDT shares up 1.5% and MMED surging 10.7%. The medical device maker and biotech firm both topped analyst expectations, though specific revenue figures were not disclosed by Zacks Investment Research.

Apple (AAPL) climbed 2.6% following the announcement that John Ternus will assume the CEO role. The leadership transition marks a significant shift for the tech giant, with Ternus moving up from his previous executive position.

NIO (NIO) dropped 4% after the Chinese electric vehicle maker missed revenue estimates for the quarter. The miss extends the company's recent volatility as it continues to navigate competitive pressure in the EV market.

The moves highlight diverging fortunes across sectors, with healthcare and tech names posting gains while international EV players face continued pressure.