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Family Dollar Shutters Over 350 Stores, Testing Private-Equity Turnaround
Family Dollar closed at least 350 stores in 10 months, hitting Southern and Appalachian areas hard. New private-equity owners face a test of their turnaround strategy.
Uber Eyes Full Takeover of Delivery Hero, Intensifying Food Delivery Rivalry
Uber is exploring a full takeover of Delivery Hero after raising its stake to 19.5%, Bloomberg reports. A further increase to 30% would trigger a mandatory offer.
BJ's Wholesale Club Shares Slide 8% Despite Earnings Beat on Weak Core Sales
BJ's Wholesale Club shares dropped over 8% Friday as investors focused on weak in-club sales growth of just 1.5%, missing forecasts, despite an earnings beat.
Firefly Surges as SpaceX IPO Hype Boosts Space Sector
Firefly Aerospace shares surged 12% on Friday, buoyed by SpaceX IPO speculation and a broader rally in space stocks, trading above its $45 IPO price.
Tesla Stock Rises on SpaceX IPO Buzz and Intercompany Dealings
Tesla shares rose 2.38% to $427.79 Friday, driven by SpaceX IPO disclosures showing $650M in intercompany deals, a Model Y recall, and a broader Wall Street rally.
BlackBerry Soars 16% on QNX Strength and FedRAMP Recertification
BlackBerry Ltd. shares jumped more than 16% Friday, hitting 52-week highs, driven by FedRAMP recertification and ongoing QNX business strength.
Ondas Charts Next Move After $196.6M Omnisys Acquisition
Ondas shares edged up 0.54% to $9.23 after closing its $196.6M stock acquisition of Omnisys, while a resale filing for 2.7 million Mistral shares adds overhang.
HP Stock Surges 15% Ahead of Earnings; Analysts Sound Caution
HP shares surged 15.5% ahead of its fiscal Q2 earnings report. Analysts warn of potential pullback amid memory cost pressures and CEO transition.
PicoCELA Surges 141% on Nasdaq as Thin Float Fuels Volatility
PicoCELA's U.S.-listed shares surged 141% to $5.43 on Friday, extending a two-day rally with no new operating news, as traders piled into the thinly traded stock ahead of a key shareholder vote.
Space and Quantum Stocks Surge on Speculative Investor Interest
AST SpaceMobile and Quantum Computing Inc. surged Friday as speculative flows boosted space and quantum stocks, despite mixed earnings.
Zoom Shares Surge on AI Growth and Raised Outlook
Zoom shares surged 12% to a 52-week high after the company raised its fiscal 2027 outlook and expanded its share buyback program, driven by strong AI adoption.