Latest News
Shake Shack Shares Slide as Analysts Lower Targets After Q1 Loss
Shake Shack shares dropped 8% Monday as UBS and other analysts lowered price targets after the company reported a first-quarter loss and rising costs.
Keel Infrastructure Posts $128M Q1 Loss, Pushes AI Data-Center Leasing
Keel Infrastructure Corp posted a $128M Q1 loss as legacy revenue fell 23% to $37M. The company has $533M in liquidity to support leasing at three AI data-center sites in North America.
D-Wave Quantum Stock on the Line as Q1 Earnings Loom After 55% Surge
D-Wave Quantum reports Q1 earnings Tuesday with revenue estimates near $4.1M, sharply below last year's $15M. Shares rose 6.5% to $24.03 as investors await proof that recent contract wins can convert to sales.
Byron Allen Takes Control of BuzzFeed in $120M Deal, Targets YouTube Dominance
Byron Allen's family office invests $120 million for a 52% stake in BuzzFeed, with Allen taking over as chairman and CEO. The company will pivot to free streaming video.
GameStop Shares Swing Wildly After Roaring Kitty X Account Posts Then Deletes Crypto Content
GameStop shares surged up to 13% after posts appeared on Keith Gill's Roaring Kitty X account, then erased gains as the posts vanished within an hour, sparking speculation the account was hacked.
Power Solutions International Tumbles 17% as Q1 Profit Drops 62%, Data Center Hopes Tested
PSIX shares fell 17.5% after Q1 net income dropped 62% to $7.3 million. Revenue missed estimates and the company withheld full-year guidance, testing its data center bet.
Hims & Hers Stock Plunges on Q1 Loss, Weight-Loss Strategy Shift
Hims & Hers shares dropped 10% on a surprise Q1 net loss and revenue miss. The company raised its 2026 sales forecast but cut profit outlook amid a costly shift to branded weight-loss drugs.
Monday.com Shares Rally on AI Growth and Q1 Beat, Yet Challenges Loom
Monday.com topped Q1 expectations with 24% revenue growth and raised its 2026 outlook, but the stock remains deeply discounted amid AI monetization concerns.
e.l.f. Beauty Shares Tumble to 52-Week Low Ahead of Q4 Earnings Report
e.l.f. Beauty shares dropped 9.3% to a 52-week low of $55.19 on Monday, pressured by a Morgan Stanley downgrade and broader weakness in the beauty sector ahead of its fiscal Q4 earnings release.
Babcock & Wilcox Shares Surge on AI Data Center Power Demand
Babcock & Wilcox reported a 44% revenue jump to $214.4M, driven by AI data center demand and a $2.4B contract for four natural gas plants.
Shopify Shares Dip on AI Governance Concerns Ahead of Key Vote
Shopify shares declined 7.13% amid investor focus on AI governance and cost management. A shareholder proposal on responsible AI use will be voted on June 16.