Latest News
Nvidia Secures Pentagon AI Deal Amid China Supply Challenges
Nvidia gains Pentagon approval for AI on classified networks, while China server prices near $1 million due to export curbs. The stock trades at $199.57.
Beyond Meat Shares Surge Ahead of May 6 Earnings Report
Beyond Meat shares surged 20.7% Thursday as volume tripled ahead of its May 6 earnings report, with the company recently regaining Nasdaq compliance.
Reddit Surges 16% on Strong Q2 Revenue Forecast, AI Ad Tools Drive Growth
Reddit shares jumped 16% in premarket trading after forecasting Q2 revenue above Wall Street estimates, driven by AI-powered ad tools and strong user growth.
Apple Stock Rises on Strong Outlook, $100B Buyback
Apple shares rose 0.3% premarket after the company forecast June-quarter sales above expectations and announced a new $100 billion buyback, offsetting chip shortage concerns and a CEO transition.
Atmos Energy Q2 Earnings Preview: Rate Hikes and Infrastructure Spending in Focus
Atmos Energy is set to report fiscal Q2 earnings on May 6, with analysts expecting a 10.9% EPS jump driven by rate increases and infrastructure investments. Zacks projects $3.36 per share on $2.22 billion revenue, while MarketBeat sees lower revenue.
Vanguard Takes 7.5% AEP Stake as Jennison Trims Ahead of Earnings
Vanguard disclosed a 7.51% passive stake in AEP, while Jennison trimmed and the Texas pension fund increased its position ahead of the utility's May 5 earnings call.
Chevron Tops Q1 Profit Forecasts, But Cash Flow Drop Raises Eyebrows
Chevron beat Q1 earnings estimates but net income slid to $2.2 billion and cash flow from operations halved, overshadowing upstream gains.
Major Stake in CenterPoint Energy Revealed by Vanguard
Vanguard revealed a 49.4 million-share stake in CenterPoint Energy, as the utility posts higher Q1 earnings and a steady dividend amid rising data center demand.
DTE Energy Q1 Earnings Miss as Trading Losses Offset Data Center Gains
DTE Energy missed Q1 profit estimates due to a $25M trading loss, while reaffirming 2026 guidance and highlighting Google and Oracle data center deals. Michigan's AG opposes a $474.3M rate hike.
Exelon's PECO Faces Union Safety Probe Amid Leadership Shakeup
IBEW Local 614 filed a petition with Pennsylvania regulators seeking an investigation into PECO's maintenance practices, citing damaged poles and equipment, as new interim CEO Mike Innocenzo takes the helm.
PennyMac Faces Dual Probes After 33% Stock Crash Ahead of Q1 Earnings
Two shareholder-rights firms are probing PennyMac Financial Services for potential misleading statements before a 33% stock drop in January. The company reports Q1 earnings on May 5.
American Water Works Unveils 2026 Grant Recipients Amid Infrastructure Spending and Merger Developments
American Water Works (AWK) awarded over $1.5M in grants to 86 groups across 13 states, while reaffirming 2026 EPS guidance and $3.7B in planned investments. Shares fell 2.69%.