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GitLab Restructuring and AI Pivot Trigger Share Decline
Technology Sarah Chen

GitLab Restructuring and AI Pivot Trigger Share Decline

GitLab Inc. will cut jobs and restructure global operations to invest in AI agents, sending shares down 9.6%. Raymond James downgraded the stock, citing execution risks.

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Technology Sarah Chen

Flashscore Tops Speed Poll Ahead of 2026 World Cup

Flashscore was named fastest live sports platform in a survey across UK, Italy, and Brazil, with 46-53% of fans citing it as quickest, just weeks before the 2026 World Cup.

SAP
3D Systems Soars 28% on Q1 Beat, Healthcare Turnaround Gains Traction
Earnings James Calloway

3D Systems Soars 28% on Q1 Beat, Healthcare Turnaround Gains Traction

3D Systems stock jumped 28% to $3.22 after Q1 revenue and adjusted EPS beat estimates, with healthcare revenue up 21%.

DDD
NuScale Stock Plunges on Q1 Revenue Miss and Citi Downgrade
Earnings James Calloway

NuScale Stock Plunges on Q1 Revenue Miss and Citi Downgrade

NuScale Power shares tumbled 11.4% on Tuesday after Q1 revenue of $565,000 fell far short of the $7 million consensus. Citi slashed its price target to $7.

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USBC Soars on Tight Float and Tokenized Deposit Buzz
Crypto Sarah Chen

USBC Soars on Tight Float and Tokenized Deposit Buzz

USBC shares surged 59% on heavy volume, fueled by tokenized deposit plans and Bitcoin treasury strategy, despite no new corporate announcements.

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PACS Group Soars on Upgraded EBITDA Forecast Amid Legal Clouds
Earnings James Calloway

PACS Group Soars on Upgraded EBITDA Forecast Amid Legal Clouds

PACS Group shares jumped 23% on Q1 results that exceeded expectations, with revenue up 11.2% and net income surging, as the company boosted its 2026 adjusted EBITDA forecast.

PACS
Venture Global Soars 16% on Strong 2026 Guidance and New LNG Deals
Markets Daniel Marsh

Venture Global Soars 16% on Strong 2026 Guidance and New LNG Deals

Venture Global shares jumped 16% after the company boosted its 2026 earnings guidance and announced new LNG supply agreements with TotalEnergies and Vitol.

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Under Armour Turnaround Hits Investor Skepticism as Profit Forecast Falls Short
Earnings James Calloway

Under Armour Turnaround Hits Investor Skepticism as Profit Forecast Falls Short

Under Armour shares tumbled nearly 20% after the company's fiscal 2027 profit forecast of 8-12 cents per share fell far short of analysts' 23-cent estimate, raising doubts about the turnaround.

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Merck Closes $53/Share Acquisition of Terns Pharmaceuticals, Stock Ceases Trading
Markets Daniel Marsh

Merck Closes $53/Share Acquisition of Terns Pharmaceuticals, Stock Ceases Trading

Merck has finalized its $53-per-share cash acquisition of Terns Pharmaceuticals, causing Terns stock to stop trading on Nasdaq. The deal values Terns at $6.7 billion.

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Apple Shares Hold Ground as Inflation Data Rattles Tech Sector
Technology Sarah Chen

Apple Shares Hold Ground as Inflation Data Rattles Tech Sector

Apple shares edged up 0.4% to $293.85 on Tuesday, outperforming other megacap tech stocks as April inflation rose 3.8%, pressuring the broader market.

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Archer Aviation Sinks on Cash Burn Concerns Despite FAA Progress
Markets Daniel Marsh

Archer Aviation Sinks on Cash Burn Concerns Despite FAA Progress

Archer Aviation shares dropped 6.6% despite an FAA milestone, as investors focused on the company's $217.7 million net loss and $188.8 million cash burn.

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Energy Vault and Eskom Partner on Gravity Storage at South African Coal Plant
Technology Sarah Chen

Energy Vault and Eskom Partner on Gravity Storage at South African Coal Plant

Energy Vault and Eskom have inked a deal to build a 25-MW gravity storage system at Hendrina Power Station, with potential expansion to 4 GW, targeting 4 GWh across Southern Africa by 2035.

NRGV