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Aeluma Shares Slide 16% After Q3 Loss and Reduced Revenue Outlook
Aeluma shares dropped 16.3% after hours after the company posted a $1.8 million Q3 loss and trimmed its 2026 revenue outlook to $4.2-$4.6 million.
Allegiant Travel Closes Sun Country Acquisition, Creates Combined Airline
Allegiant Travel has completed its acquisition of Sun Country Airlines, creating a combined carrier with 195 aircraft and nearly 175 destinations.
Doximity Shares Dive on Weak 2027 Revenue Outlook, AI Hype Fails to Impress
Doximity shares tumbled 19% after hours as its fiscal 2027 revenue forecast of $664-$676 million fell well short of Wall Street estimates, overshadowing strong AI adoption metrics.
Bitcoin Dips Below $80K as ETF Outflows and Inflation Data Weigh
Bitcoin slipped under $80,000 Wednesday on U.S. inflation data and $233.2 million in ETF outflows. Ether and Solana also fell.
XRP Holds at $1.42 Despite Record ETF Inflows Amid Fed Tightening
XRP hovers around $1.42 despite strong ETF inflows, as rising inflation dashes expectations for Fed rate cuts, weighing on crypto.
Retail Sales, Fed Stance, and Trump-Xi Trade Talks: A Triple Test for Wall Street
April retail sales data, the Fed's rate path, and the Trump-Xi summit in Beijing will test Wall Street's record highs. Investors weigh inflation risks and consumer strength.
Mobileye Shares Surge 14% on Strong Q1 Revenue and Raised Outlook
Mobileye shares surged 14% on Wednesday after the company reported a 27% jump in Q1 revenue, raised its 2026 outlook, and announced a $250 million buyback.
Fermi’s Proxy Battle Intensifies Ahead of Q1 Earnings, Founder Pushes for Board Overhaul
Fermi founder Toby Neugebauer pushes for board changes despite the board canceling a May 29 meeting. Q1 earnings are due Thursday, with focus on Project Matador tenant negotiations.
Geothermal Developer Fervo Energy Soars 35% on Nasdaq Debut Amid AI-Driven Power Demand
Fervo Energy closed 35% above its IPO price in Nasdaq debut, valuing the geothermal firm at $10.36B, as AI power needs drive investor enthusiasm.
Wix Shares Tumble 27% on Q1 Earnings Miss and AI Investment Concerns
Wix stock plunged 27% after Q1 adjusted earnings missed forecasts and the company reported a GAAP net loss of $57.5 million, as AI investments weighed on margins.
Cisco Rallies 14% After Hours on AI-Driven Revenue Upgrade and Workforce Reduction
Cisco (CSCO) surged 14% in after-hours trading after raising its annual revenue forecast to $63 billion and announcing 4,000 job cuts, fueled by $5.3 billion in AI infrastructure orders.
Ouster Shares Surge 26% on Nvidia DRIVE Qualification for Rev8 Lidar
Ouster shares surged 26% to $34.17 after its Rev8 lidar sensors were certified for Nvidia's DRIVE Hyperion platform, targeting Level 4 autonomous vehicles.