Latest News
Global Payments Plunges After Analyst Cuts Price Target, Growth Forecast
Global Payments shares dropped 9% after Susquehanna slashed its price target to $111 and trimmed growth forecasts, citing travel risks. Mizuho counters that worries are overblown.
Mastercard Shares Slide on Leadership Reshuffle, Stablecoin Expansion
Mastercard shares fell 2.4% to $466.41 after announcing a senior leadership shakeup and new stablecoin settlement options, with trading volume above average.
Wellchange Shares Surge Amid Nasdaq Volatility; Revenue Drops 41.6%
Wellchange (WCT) shares surged over 100% to $2.63 on heavy Nasdaq trading, despite a 41.6% revenue drop and widening net loss. Three volatility halts paused trading as the stock outperformed a down market.
Rivian Stock Gains 2.7% on AT&T 5G Deal for R2 SUV Ahead of June 9 Orders
Rivian shares gained 2.7% after AT&T announced 5G connectivity for the upcoming R2 SUV, which opens for orders June 9 at $57,990 with a 330-mile range, positioning it against Tesla's Model Y.
Redwire Stock Drops 8.7% as Jefferies Downgrades on Valuation
Redwire shares plunged 8.7% after Jefferies downgraded the stock on valuation concerns, despite 57.9% Q1 revenue growth and a record $498.1 million backlog.
Goa Rooftop Solar Awards Highlight Local Players Amid National Expansion Challenges
Goa's rooftop solar sector gains recognition as local installers win awards, but national rollout faces risks from bank reluctance, state delays, and grid issues under India's PM Surya Ghar scheme.
Navitas Surges on Nvidia AI Ecosystem Tie-Up; Dilution Concerns Loom
Navitas shares surged 21% on news of a partnership with Nvidia's MGX AI Factory, but dilution and revenue uncertainties remain key concerns.
BigBear.ai Shares Slip 6% as Panama Deal Fails to Offset Weak Q1 Results
BigBear.ai shares dropped 6% as a new Panama cargo-security contract failed to calm investor concerns over flat Q1 revenue, heavy losses, and dilution.
