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Tempus AI Upsizes Convertible Debt to $400M, Eyes Loan Repayment
Tempus AI priced $400M in 0% convertible senior notes, using proceeds to repay $307.7M in loans. Shares fell 7.6% premarket despite strong Q1 revenue growth.
Iron Mountain Stock Slides 4% as AI Data Center Rally Pauses
Iron Mountain shares fell nearly 4% Thursday, ending a six-day rally, as the AI-driven data-center play faces renewed scrutiny despite strong Q1 results and a raised outlook.
Zoetis Shares Tumble After Pet Care Sales Slump, Guidance Cut
Zoetis lowered its 2026 revenue and profit forecasts after U.S. pet product sales dropped 11% in Q1, missing analyst estimates and sending shares down 21%.
Gasoline Prices to Stay Elevated Despite Potential Iran Deal, Analysts Warn
U.S. gasoline prices remain near 2022 highs above $4.54 per gallon as geopolitical tensions near the Strait of Hormuz continue to disrupt oil flows, with analysts forecasting no return to pre-war levels before 2027.
Planet Fitness Shares Dive 31% on Slashed 2026 Outlook and Membership Woes
Planet Fitness shares plummeted 31% after the company slashed its 2026 growth targets and paused a planned Black Card price hike due to weak member growth and increased competition.
Genmab Shares Slide on Profit Dip Despite Strong Revenue Growth
Genmab shares tumbled nearly 10% in Copenhagen after Q1 net profit plunged to $53M, weighed down by Merus deal costs and elevated R&D, despite a 25% revenue surge to $896M.
Coinbase Posts Q1 Loss as Crypto Slowdown Squeezes Revenue
Coinbase swung to a $394.1 million Q1 loss as revenue fell 31%, hit by a crypto trading slowdown and an AWS outage. The exchange also plans to cut 700 jobs.
Akamai Stock Surges on $1.8B AI Cloud Deal
Akamai shares surged 26% premarket after announcing a $1.8B, seven-year AI cloud deal, its largest ever, signaling strong traction in AI infrastructure.
T. Rowe Price Maintains 5% Yield Amid Q1 Outflows
T. Rowe Price declares a $1.30 quarterly dividend, maintaining a 5% yield, despite $13.7B in Q1 net outflows and a drop in AUM to $1.71 trillion.
Nasdaq Futures Advance Ahead of April Jobs Data Amid Iran Tensions
Nasdaq 100 futures rise 0.67% early Friday, leading U.S. stock gains as traders focus on the April jobs report amid renewed U.S.-Iran tensions.
Block Raises 2026 Gross Profit Outlook to $12.33B on Cash App Strength
Block Inc raised its 2026 gross profit target to $12.33 billion after strong Q1 growth from Cash App and Square. Shares rose 7.7% after hours despite a $308.7 million net loss and $240 million DOJ-related accrual.
HubSpot Shares Slide Despite Q1 Beat as AI Pricing Shift Extends Sales Cycles
HubSpot beat Q1 estimates but shares dropped 11.9% as AI pricing shifts lengthen sales cycles. Revenue rose 23% to $881M, but Q2 outlook disappointed.