Latest News
Intuitive Machines Tumbles as Q2 Misses, H2 Growth Hurdle Looms
Intuitive Machines stock dropped 8.6% premarket after Q2 revenue missed forecasts and adjusted EBITDA swung to a loss. The company's full-year outlook requires a sharp acceleration in H2 revenue growth.
FGI Industries Stock Soars 186% on Q2 Profit Recovery
FGI Industries shares surged 186% after Q2 profit recovery, with gross margin up 5.3 points. Revenue rose 2.9% to $31.9 million, but the stock's valuation now outstrips full-year guidance.
HPE Surges 6% on Morgan Stanley Upgrade; $71 Target Signals More Upside
HPE shares climbed 5.97% to $62.30 after Morgan Stanley upgraded the stock to Overweight and raised its price target to $71, citing robust AI infrastructure demand.
NYT's Puzzle Push: Subscriber Growth Target Faces Headwinds
New York Times (NYT) must add ~275,000 subscribers quarterly to reach its 2027 goal. Recent Games search interest offers hope, but Q2 growth barely met the pace.
2027 Social Security COLA Forecast Climbs to 3.6%, Adding $60B in Benefits
A leading projection for the 2027 Social Security COLA has risen to 3.6%, which would add nearly $60 billion to annual benefits. The July CPI-W came in 3.1% above the baseline.
Birkenstock Shares Surge 17% on Upbeat Revenue Forecast
Birkenstock (BIRK) shares soared 17% on Thursday after the company raised its annual sales growth outlook, overshadowing a small earnings miss.
Eli Lilly Defends Obesity Drug Pipeline Amid Retatrutide Lawsuits
Eli Lilly shares rose 0.5% as the company filed six lawsuits against unauthorized sellers of its experimental obesity drug retatrutide, reinforcing its commitment to pipeline integrity.
EnerSys Surges 15% on Q1 Earnings Blowout
EnerSys (ENS) shares soared 15% premarket after Q1 adjusted EPS of $3.66 crushed estimates, though revenue only edged up 4.8%.
IREN Gains on Microsoft's First AI Data Center Acceptance
IREN shares jumped 4.76% in premarket after Microsoft accepted the first 50MW of a $9.7B AI infrastructure deal, marking a key milestone.