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Byron Allen Takes Control of BuzzFeed in $120M Deal, Targets YouTube Dominance
Byron Allen's family office invests $120 million for a 52% stake in BuzzFeed, with Allen taking over as chairman and CEO. The company will pivot to free streaming video.
GameStop Shares Swing Wildly After Roaring Kitty X Account Posts Then Deletes Crypto Content
GameStop shares surged up to 13% after posts appeared on Keith Gill's Roaring Kitty X account, then erased gains as the posts vanished within an hour, sparking speculation the account was hacked.
Power Solutions International Tumbles 17% as Q1 Profit Drops 62%, Data Center Hopes Tested
PSIX shares fell 17.5% after Q1 net income dropped 62% to $7.3 million. Revenue missed estimates and the company withheld full-year guidance, testing its data center bet.
Hims & Hers Stock Plunges on Q1 Loss, Weight-Loss Strategy Shift
Hims & Hers shares dropped 10% on a surprise Q1 net loss and revenue miss. The company raised its 2026 sales forecast but cut profit outlook amid a costly shift to branded weight-loss drugs.
Monday.com Shares Rally on AI Growth and Q1 Beat, Yet Challenges Loom
Monday.com topped Q1 expectations with 24% revenue growth and raised its 2026 outlook, but the stock remains deeply discounted amid AI monetization concerns.
e.l.f. Beauty Shares Tumble to 52-Week Low Ahead of Q4 Earnings Report
e.l.f. Beauty shares dropped 9.3% to a 52-week low of $55.19 on Monday, pressured by a Morgan Stanley downgrade and broader weakness in the beauty sector ahead of its fiscal Q4 earnings release.
Babcock & Wilcox Shares Surge on AI Data Center Power Demand
Babcock & Wilcox reported a 44% revenue jump to $214.4M, driven by AI data center demand and a $2.4B contract for four natural gas plants.
Kohl's Plunges 9.8% as Rising Gas Costs Squeeze Consumer Spending
Kohl's shares dropped 9.8% as higher gas prices strain household budgets, with the retailer's turnaround efforts under pressure. The stock hit an intraday low of $12.88.
Shopify Shares Dip on AI Governance Concerns Ahead of Key Vote
Shopify shares declined 7.13% amid investor focus on AI governance and cost management. A shareholder proposal on responsible AI use will be voted on June 16.
GSI Technology Soars 39% as Options Activity Surges, Spotlighting AI Memory Strategy
GSI Technology shares surged 39% on Monday, driven by heavy call option trading, as the company's AI memory push gains attention amid a mixed fiscal 2026 report and a new Army contract.
Philip Morris Rallies on FDA Nicotine Pouch Policy Shift, ZYN Ultra Hopes Revived
Philip Morris shares jumped 6.5% on Monday after the FDA eased enforcement threats against nicotine pouches, raising hopes for ZYN Ultra's U.S. launch despite ongoing regulatory uncertainty.
Booking Holdings Shares Slide on Middle East Conflict Impact and Growth Outlook Cut
Booking Holdings shares dropped 4.9% after cutting its full-year revenue growth target to high single digits, citing Middle East conflict impacts. Rivals Expedia and Airbnb also fell.