Latest News
AT&T Slumps on Legal Blow and Satellite Threat Ahead of SpaceX IPO
AT&T shares fell 3.3% after a Supreme Court setback and an Oppenheimer downgrade warning of satellite broadband competition from SpaceX, whose IPO nears.
Guidewire Stock Drops Despite Earnings Beat as ARR Guidance Disappoints
Guidewire Software shares plunged 13.77% after hours as investors focused on a narrow miss in annual recurring revenue guidance, despite the company beating earnings and revenue estimates.
Verizon Stock Falls on Supreme Court Ruling Despite Dividend Assurance
Verizon shares fell 3.8% due to a Supreme Court ruling against wireless carriers over FCC fines, despite a reaffirmed dividend. The stock's 6.3% yield draws income investors, but regulatory and debt challenges persist.
Fidelity Opens SpaceX IPO to Retail Investors with $2,000 Minimum
Fidelity slashes IPO access minimum to $2,000 for SpaceX, reserving up to 30% for retail investors. Allocations are set for June 12, but demand may outstrip supply and volatility is warned.
BlackBerry Shares Surge on QNX Software Momentum Ahead of Earnings
BlackBerry shares climbed 1.4% to $10.34, approaching a 52-week high, as QNX software gains traction in robotics and physical AI. The next key catalyst is the June 25 earnings report.
Nokia Stock Plunges 6% as AI Rally Fades, Nordea Boosts Target
Nokia shares fell 6.15% in Helsinki, snapping a three-day AI rally, as investors questioned pricing of AI and Nvidia deals, despite Nordea raising its price target to €15.70.
Samsara Shares Dip Despite Q1 Beat as Tepid Guidance Tempers Enthusiasm
Samsara shares declined after the company beat Q1 estimates but issued Q2 guidance that barely exceeded forecasts, raising concerns about limited upside despite strong ARR and cash flow.
DocuSign Stock Dips Despite Strong Q1 Results as AI Growth Concerns Linger
DocuSign shares fell 4.2% after hours despite a Q1 earnings and revenue beat, as near-consensus guidance fueled doubts about the pace of AI-driven growth.
US Mortgage Rates Edge Down but Buyer Demand Remains Tepid
Despite a slight dip in mortgage rates to 6.48%, homebuyer activity remains subdued, with mortgage applications falling 2.5% and list prices dropping 2.4% year-over-year.
T1 Energy Hits 52-Week High on $32M KORE Power Acquisition
T1 Energy shares hit a 52-week high after agreeing to buy KORE Power for $32 million, moving into battery storage and AI data center power.
