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Hooters Revamps 140 US Locations to Shed Risque Image
Hooters' new owners are renovating 140 US restaurants to adopt a family-friendly image after its 2025 Chapter 11 filing. CEO Neil Kiefer details uniform and menu changes.
JetBlue Slashes 11 Routes, Pivots to Fort Lauderdale After Spirit Shutdown
JetBlue is dropping 11 routes, exiting Manchester-Boston, and doubling down on Fort Lauderdale after Spirit Airlines ceased operations. The airline reported a $319M Q1 loss.
Nio Returns to Loss but Margin Strength and Q2 Outlook Lift Shares
Nio posted a Q1 net loss after Q4 profit, but vehicle margin improved to 18.8% and Q2 revenue/delivery guidance exceeded analyst expectations, lifting shares in pre-market trading.
Walmart tops Q1 forecasts but cautious Q2 outlook weighs on shares
Walmart beat Q1 estimates with $177.8B in revenue, but a softer Q2 outlook and fuel cost pressures sent shares down 2% in premarket.
Quantum Stocks Rally on $2B U.S. Grants; IonQ Faces Key Tests
Quantum stocks rallied on $2B in U.S. grants, but IonQ was excluded. Its shares rose 8% premarket despite concerns over valuation and profitability.
Rigetti Computing Surges on $2B Federal Quantum Grant Program
Rigetti Computing shares surged 13.2% premarket Thursday following reports of a $2 billion federal quantum computing grant program, with $100 million earmarked for the company. Q1 revenue hit $4.4 million but operating losses expanded.
VIDA Global Surges After IPO as AI Agent Platform Gains Traction
VIDA Global shares soared 81.2% to $4.15 on Wednesday, extending gains in pre-market trading, after the AI agent software company's IPO and insider buying.
Enphase Energy Soars 14% as Goldman Sachs Upgrade Sparks Renewed Interest
Enphase Energy shares jumped 13.7% to $53.15 after Goldman Sachs raised its price target to $57, reigniting Wall Street interest in the solar stock despite weak quarterly results.
Plug Power's UK Green Hydrogen Project Reaches FID, Stock Flat
Plug Power's Barrow Green Hydrogen project hits FID, supplying six 5 MW electrolyzers to cut Kimberly-Clark's gas use 50%. Stock flat at $3.31 as cash risks remain.
Nu Holdings Stock Recovers After UBS Price Target Cut
Nu Holdings shares rose 4.1% in early trading after UBS lowered its price target to $16.90 but maintained a Buy rating, as investors assess record Q1 results against increased credit loss reserves.