Latest News
Eos Energy Shares Surge 26% Ahead of Q1 Earnings as Battery Ramp Faces Key Test
Eos Energy Enterprises (EOSE) shares surged 26% to $8.01 on Friday, with volume hitting 53.9 million, as the company pre-announced Q1 revenue of $56-$57 million ahead of its May 13 earnings report.
SoFi CEO Noto Buys Shares After Earnings Drop, Questions on Outlook Linger
SoFi CEO Anthony Noto bought nearly $250,000 in stock after a 12% decline, but investors remain focused on the company's unchanged 2026 revenue outlook.
Redwire Shares Jump 20% on Record Backlog Amid Defense Expansion
Redwire shares surged 20% after reporting a record $498.1M backlog and 58% revenue growth, though net loss widened on acquisition costs. The company reaffirmed 2026 guidance.
BlackBerry Buyback Set to Start as QNX Drives Stock Rally
BlackBerry's new buyback program, starting May 12, allows repurchase of up to 26.8 million shares after its stock hit a one-year high, driven by strong QNX software results.
American Airlines Prepares for Record Summer Travel Amid Rising Fuel Costs
American Airlines expects to carry 75 million passengers this summer, surpassing its 2019 record, but faces sharply higher fuel costs and reported a $382 million net loss in Q1.
Tesla's European FSD Approval Drive Hits Regulatory Hurdles
Tesla is negotiating with Irish regulators for Full Self-Driving approval, following Dutch provisional clearance. European regulators remain divided on safety and branding issues.
Micron Hits $850B Market Cap as AI Memory Demand Surges
Micron Technology's market value topped $850 billion as shares surged to $746.81, fueled by AI demand for memory chips. Quarterly revenue nearly tripled, with DRAM, NAND, and HBM sales hitting records.
Coterra Energy Delisted After Devon Merger; New Buyback and Dividend Announced
Devon Energy has completed its all-stock acquisition of Coterra Energy, delisting CTRA from the NYSE. Shareholders received 0.70 Devon shares per Coterra share, plus cash for fractions.
IREN Secures $3.4B Nvidia Cloud Deal, Pivots from Bitcoin Mining to AI
IREN Limited inked a $3.4 billion, five-year cloud-services agreement with Nvidia, which also secured an option to purchase up to 30 million IREN shares at $70 each, signaling a strategic pivot from bitcoin mining to AI infrastructure.
Ambev's Share Buyback Surge Faces Brazil Cost and World Cup Hurdles
Ambev bought back 24 million common shares in April, raising treasury stock to 190.97 million. Analysts' 2026 forecasts remain unchanged, focusing on Brazil beer costs and World Cup demand.
Buc-ee's Fuel Policy Shift Draws Customer Ire as Gift Card and Parking Rules Tighten
Buc-ee's is facing customer backlash over new rules requiring fuel purchases at the pump, tighter parking restrictions, and limits on long stays at its travel centers.
Intel Stock Jumps 14% on Apple Foundry Deal: The Real Test Begins
Intel shares surged 13.9% on a reported preliminary chipmaking deal with Apple, but with a $2.44B foundry loss, the real test lies ahead.