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Wolfspeed Rallies on Stake Disclosure and Executive Shakeup Ahead of Earnings
Wolfspeed shares jumped after a group tied to Susquehanna disclosed a 5% stake. New executives and debt refinancing signal turnaround efforts before earnings.
Esperion to Be Acquired by ARCHIMED in $1.1 Billion Deal, Shares Jump 56%
ARCHIMED will acquire Esperion Therapeutics for $3.16 per share in cash plus contingent value rights, valuing the deal at up to $1.1 billion. Esperion shares surged 56% on the news.
Recursion Pharma Co-Founder Gibson to Exit Board Ahead of Q1 Results
Recursion Pharmaceuticals founder Chris Gibson will leave the board at the June annual meeting. Q1 earnings due May 6; focus on cash, clinical progress, and AI platform.
Blackstone Launches AI Unit N1, Consolidating OpenAI and Anthropic Stakes
Blackstone Inc. launches Blackstone N1, a new AI-focused unit consolidating investments in OpenAI and Anthropic, while its $80 billion credit fund faces slowing inflows and rising redemptions.
Colgate-Palmolive Tops Q1 Estimates, Warns of $300M Cost Hit
Colgate-Palmolive beat Q1 estimates on international strength, but warned of $300M in extra costs from the Middle East conflict, lowering its gross margin outlook.
Roku Lifts 2026 Revenue Forecast on Ad Strength; Memory Costs Loom
Roku shares climbed 4.2% after lifting its 2026 platform revenue target to nearly $5 billion, driven by strong Q1 advertising and subscription growth, though rising memory costs remain a concern.
Zeta Global Stock Surges on AI-Driven Revenue Jump and Revised 2026 Outlook
Zeta Global shares climbed after Q1 revenue jumped 50% to $396.3M, beating consensus, as its Athena AI agent drove strong adoption and super-scaled customer growth.
Rivian Shares Dip as Reduced Georgia Loan Casts Shadow on R2 SUV Ambitions
Rivian shares slid 5.7% after a reduced federal loan for its Georgia factory raised questions about its R2 SUV strategy. The company reported Q1 revenue of $1.38 billion and a narrowed net loss.
Twilio shares jump 20% on AI voice demand, raised outlook
Twilio shares surged 20% after Q1 earnings beat and raised 2026 outlook, driven by strong AI voice demand. Analysts boosted price targets.
Spirit Airlines Faces Imminent Closure After $500M Federal Rescue Fails
Spirit Airlines is preparing to shut down after failing to secure a $500 million U.S. bailout, jeopardizing over 17,000 jobs and billions in claims.