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Novavax Surges on Pfizer Deal, Beats Q1 Revenue Forecasts
Novavax topped Q1 revenue estimates at $139.5M, driven by a $30M Pfizer payment, offsetting weak COVID vaccine sales. Shares rose 15.6%.
One Stop Systems Surges on Q1 Revenue Beat; Memory Supply Risks Emerge
One Stop Systems reported a 55% revenue jump to $8.1 million, beating estimates, but flagged memory supply risks and customer concentration.
Primoris Services Plunges 49% After Q1 Earnings Miss and Renewable Project Woes
Primoris Services shares plummeted 49% after missing Q1 earnings and cutting its 2026 outlook, driven by cost overruns in renewable-energy projects.
UnitedHealth Eases Prior Authorization Rules; UNH Shares Gain
UnitedHealth Group shares climbed 1% after the company announced it will eliminate prior authorization for 30% of services by 2026, including outpatient surgeries and diagnostic tests.
SoFi Shares Steady at $16 Despite Record Q1, Guidance Hold Raises Concerns
SoFi shares hover near $16 after record Q1 revenue of $1.1B, but unchanged 2026 guidance and credit worries keep investors cautious.
Alibaba Shares Surge on AI Optimism Ahead of May 13 Earnings Report
Alibaba's U.S.-listed shares rose 6.6% to $141.04 on renewed AI interest. The rally precedes the company's March-quarter and fiscal-year earnings report due May 13.
Coupang Shares Plunge 16% on $266M Q1 Loss from Cyberattack Fallout
Coupang posted a $266M net loss in Q1, citing costs from a data breach. Shares fell 16.6%. Revenue grew 8% to $8.5B, but operating loss widened to $242M.
Cencora Shares Drop 13% on Revenue Outlook Cut Despite Profit Upgrade
Cencora shares tumbled 13.5% after the company slashed its full-year revenue growth forecast, missing quarterly estimates, even as it raised its profit outlook and unveiled a $1 billion buyback.
SolarEdge Shares Tumble as Wider Loss Clouds Revenue Growth
SolarEdge shares dropped 6% after a Q1 adjusted loss exceeded expectations, even as revenue grew 46% to $310.5 million. The company's turnaround faces headwinds from U.S. demand softness and competitive pressure.