Latest News
Plug Power Shares Dip 7% as Investor Focus Shifts to Q1 Cash Burn
Plug Power shares slid 7% Thursday, paring Wednesday's rally as investors await Q1 results on May 11. Focus is on cash burn and path to positive EBITDA.
HP Launches HyperX Gaming Gear as PC Revenue Climbs 11%
HP Inc. unveiled new HyperX gaming accessories, including a controller and headsets, as its Personal Systems revenue jumped 11% to $10.3 billion last quarter. Shares rose 0.3% to $20.21.
Lemonade Shares Dip Despite Strong Q1 Revenue Growth and Narrowed Loss
Lemonade posted a 71% revenue jump and a narrower loss in Q1, yet shares slipped 1.3%. The company raised its 2026 outlook and reiterated its Q4 adjusted EBITDA target.
Zoom to Report Q1 FY2027 Earnings on May 21, AI and Margins in Focus
Zoom will report Q1 FY2027 earnings on May 21. The stock gained 5.07% after Vanguard disclosed a 5.05% passive stake. Revenue rose 5.3% last quarter.
FuelCell Energy Soars on AI Data Center Power Demand
FuelCell Energy shares surged 37% on AI data center power demand. Rival Bloom Energy's strong results and Oracle deal fuel sector optimism.
Credit Divide Deepens: Super-Prime Borrowers Surge While Lower Tiers Face Rising Debt Burdens
TransUnion data reveals a widening credit gap: super-prime borrowers increased by 15 million since 2019, while near-prime and subprime consumers face rising debt-to-income ratios and higher delinquency rates.
PennyMac Faces Dual Lawsuits After 33% Stock Crash on Servicing Income Drop
Rosen and Schall law firms probe PennyMac after a 33% one-day stock drop on January earnings, as servicing pretax income fell 76% quarter-over-quarter. Q1 results due May 5.
Dollar Slips as GDP Miss and Core Inflation Surge Cloud Fed Rate Path
The U.S. dollar declined Thursday as first-quarter GDP growth missed expectations and core inflation accelerated, muddying the Fed's rate-cut prospects and triggering yen intervention fears.
Qualcomm Surges on AI Data-Center Push Despite Weak Q3 Forecast
Qualcomm shares rose 10.3% premarket Thursday after CEO Cristiano Amon said the smartphone market has bottomed and highlighted AI data-center chip progress, offsetting a weak Q3 forecast.
Eli Lilly Lifts 2026 Guidance After GLP-1 Sales Surge 56% in Q1
Eli Lilly boosted its 2026 revenue outlook by $2 billion after Q1 sales jumped 56% to $19.8 billion, propelled by Mounjaro and Zepbound. The company also launched oral GLP-1 pill Foundayo.
Caterpillar Profit Surges on AI Data Center Demand, Tariff Costs Loom
Caterpillar Q1 adjusted EPS of $5.54 beat estimates on 41% power-generation growth from AI data centers. Shares rose 5% premarket; tariff costs seen at $2.2-$2.4B.
