Latest News
Cracker Barrel Faces Up to $47M in Charges From Maple Street Sale
Cracker Barrel (NASDAQ:CBRL) will take $43M-$47M in charges as it exits Maple Street Biscuit Company, a brand that contributed less than 2% of revenue. The move is expected to improve adjusted EBITDA in fiscal 2027.
AT&T Stock Jumps on Strong Subscriber Additions, $10B Buyback Plan
AT&T shares gained 3.5% after posting stronger-than-expected subscriber growth and cash flow, supporting a $10 billion buyback plan for 2026.
Molina Healthcare Shares Tumble as First-Half EPS Covers 73.5% of 2026 Floor
Molina Healthcare shares fell 9.4% after hours despite an earnings beat, as first-half adjusted EPS of $3.86 covers 73.5% of the 2026 floor, leaving a $1.39 gap to the full-year floor.
QuantumScape Shares Dip 3.8% After PowerCo Caps Payments at $75.4M
QuantumScape shares slid 3.8% in after-hours trading after PowerCo cut maximum program payments by 42% to $75.4 million. The company reported a narrower loss and $859 million in liquidity.
Aurora Innovation Surges on 1,000-Truck Production Target
Aurora Innovation shares rose 4.8% after the company announced a goal of reaching a 1,000-truck annual production run-rate by year-end, highlighting robust order momentum.
TrumpRx Expansion to 800+ Drugs Heightens Tariff Risk for Generic Makers
Generic drug stocks fell after Trump announced tariffs up to 200% on imports by 2029, as TrumpRx expands to over 800 medications with 79 brand deals.
Capital One faces $110M quarterly interest cost delay from appeal
An appeal in Capital One's savings account settlement could delay $90.3M to $109.7M in quarterly rate costs by over a year.
PN Smart Energy Stock More Than Doubles on Record Volume Surge
Shares of PN Smart Energy (PN) more than doubled on Wednesday, closing at $9.34 after a 131.8% surge. Trading volume hit 11.4 million shares, well above the stated Class A total.
NovaGold Jumps 10% on Deal to Acquire Full Donlin Gold Stake
NovaGold shares surged 10.3% to $6.21 after agreeing to acquire Paulson Advisers' 40% interest in Donlin Gold, increasing legacy shareholders' effective stake to 65%.
Infosys Q1 Preview: Organic Growth Stalls as Stock Lags Nifty IT
Infosys shares have underperformed the Nifty IT index ahead of Q1 results due Thursday. Early projections show organic sequential growth near 1%, with acquisitions providing a tailwind.
SSI Payment Shift: August Disbursement Moved to July 31
August SSI payments of $5.4 billion will be issued July 31, resulting in two payments in July and none in August. Investors should watch for volatility in cash-flow data.
Gerdau Shares Gain as Hydropower Deal Strengthens Energy Cost Hedge
Gerdau's ADR climbed 2.7% to $4.77 after the company acquired a 23.03% stake in hydro generator DFESA for R$154 million, advancing its energy hedging strategy.