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As of Aug 8, 1:47 AM ET ·
CLB News30 articles
Celsius Stock Rebounds on CEO Change Push, Core Brand Still Struggles
Celsius shares rose 11.9% after a leadership challenge, recouping half of Thursday's decline, but core brand revenue fell 11.7%.
Markets
Pfizer Stock Rises as Core Drug Growth Offsets COVID Decline
Pfizer (PFE) shares rose 0.9% after Q2 results beat estimates, with non-COVID drug growth offsetting a steep decline in COVID product sales.
Earnings
Celsius Shares Tumble 17% as Core Brand Sales Slip
Celsius Holdings (CELH) shares dropped 17% in premarket after Q2 revenue and EPS missed estimates, as core CELSIUS brand sales fell 11.7% despite Rockstar-driven growth.
Earnings
Global Markets Rally on Hormuz Hopes; Glencore Eyes Australia Listing
Markets rallied on Hormuz hopes; Glencore targets Australia listing; SpaceX and AMD slide on AI spending concerns; Manipal IPO jumps 11%.
Markets
CoreWeave Jumps 9% on Indonesia AI Data Center Push
CoreWeave (CRWV) shares climbed 9% after unveiling plans for three data centers in Indonesia, boosting contracted capacity by roughly 10%. Piper Sandler initiated coverage with an Overweight rating and a $151 price target.
Technology
AMC's Record Weekend Could Fuel 14% of Quarterly Core Revenue
AMC's record five-day weekend generated an estimated $206 million in ticket and concession sales, potentially 14.3% of Q2 core revenue, yet shares lagged peers amid debt concerns.
Earnings
Clorox Stock Climbs on FY2027 Sales Outlook, Yet Core Growth Stays Flat
Clorox (CLX) issued a fiscal 2027 sales growth forecast of 13-14%, beating consensus, but underlying organic growth is under 0.5% as acquisitions and ERP timing drive most of the gain. EPS guidance trails estimates.
Earnings
Celsius Holdings Faces Pre-Earnings Slide as Investors Eye Core Growth
Celsius Holdings (CELH) shares declined 3.4% to $28.23 ahead of Q2 earnings, with investors focused on core brand growth and margin trends. Analysts expect revenue of $887.7 million.
Earnings
CoreWeave Surges 15.6% on Restructured Loan, but Costs Climb
CoreWeave (CRWV) shares rose 15.6% after a debt restructuring, but the new loan carries higher costs and stricter terms. Q2 earnings set for Aug 11.
Markets
Apple Slides as Tariff Rebates Mask Core Earnings Weakness
Apple shares dropped nearly 7% on Friday after it emerged that tariff refunds accounted for about 85% of its earnings beat, raising doubts about the sustainability of its growth.
Earnings
Stellantis Shares Slide as Core Markets Post Slim 0.5% Margin
Stellantis (STLA) shares dropped 1.8% after Q2 adjusted operating income missed forecasts, with North America and Europe margins at a slim 0.5%.
Earnings
Core Scientific Shares Slide Despite $14 Billion AMD Deal as Dilution Concerns Weigh
Core Scientific shares dropped 2.7% after a $14 billion AI deal with AMD, as dilution concerns from warrants and an undisclosed neocloud tenant overshadowed the headline.
Markets
CoreWeave Stock Drops 11% as Backlog Conversion Timeline Raises Financing Concerns
CoreWeave shares tumbled 11.4% as investors weighed the pace of backlog conversion against a $31-$35 billion capital budget. Microsoft and Meta earnings this week will test demand.
Analysis
CoreWeave Stock Slips as AI Spending Concerns Weigh on Markets
CoreWeave shares slipped 11.4% on Friday as AI funding concerns persisted, while IREN and Nebius posted weekly gains. Alphabet's capex hike and Google Cloud's 82% revenue growth underscored industry cash flow dynamics.
Markets
Core AI Holdings Skyrockets 41% on HomeGPT Launch, Trading Volume Explodes
Core AI Holdings (CHAI) shares surged 41% to $0.55 after announcing HomeGPT, with trading volume reaching 7 times the June non-affiliate share count.
Technology
CoreWeave Stock Rebounds, But $34B Capex Outlook Pressures Margins
CoreWeave shares rose 5.5% to $77.20 after BofA reiterated a Buy rating, but a $34 billion capex projection and steep interest costs keep margin pressure high.
Markets
Sandisk shares tumble on CoreWeave hedge talk, contract risk
Sandisk shares fell 12.4% as CoreWeave explored hedging against memory price drops, raising questions about the $41.6B contract backlog.
Markets
Glencore's Congo Copper Surge Faces Mining Code Overhaul Risk
Glencore's copper output jump was driven by its Congo operations, but a proposed mining code revision poses operational risks.
Commodities
Glencore's Six-Day Volatility Totals 10.35% as Shares End Flat
Glencore shares experienced 10.35 percentage points of cumulative daily moves over six sessions but ended nearly unchanged, as oil gains from U.S.-Iran tensions balanced trading profits against rising industrial costs.
Commodities
CoreWeave Rebounds 7.75% After Meta-Fueled Selloff, Analysts See Buying Opportunity
CoreWeave shares surged 7.75% to $90.00, rebounding from last week's drop linked to Meta's potential competition. Analysts see a buying opportunity, with Wolfe Research maintaining a $150 target.
Markets
CoreWeave Slumps on Meta Cloud Fears and Nasdaq-100 Pressure
CoreWeave (CRWV) shares dropped 15.4% to $81.75 as Meta's reported cloud plans threaten its position as a major AI compute provider, while Nasdaq-100 inclusion fails to support the stock.
Technology
CoreWeave stock slides on Meta cloud threat concerns
CoreWeave shares dropped 15.36% over five sessions, erasing year-to-date gains, as Meta's reported AI-cloud plans spark concerns over customer reliance.
Markets
CoreWeave's $35B Meta Ties Spark Selloff as Tech Giant Eyes Cloud
CoreWeave (CRWV) lost $7.3B in market cap as Meta (META) plans an AI cloud business, putting $35B in contracts at risk.
Markets
Meta's Cloud Entry Rattles CoreWeave and Nebius After $15B AI Deal
Meta's cloud move sends CoreWeave and Nebius shares tumbling as a $15 billion AI compute option becomes a risk. Meta jumps 10%.
Markets
Uber Gains $7.9B in Market Cap as Core Business Drives Confidence
Uber shares jumped 5.2% on Friday, adding $7.9 billion in market cap, as investors focused on the company's robust Q2 EBITDA outlook and core business fundamentals.
Markets
Backblaze Surges 43.6% on $335M CoreWeave Deal, But Market Discounts Value
Backblaze shares surged 43.6% on a $335M CoreWeave deal, but the stock's $213M equity gain values the contract at just 63 cents per dollar, amid dilution and cost concerns.
Technology
Backblaze Stock Soars on $335 Million AI Storage Deal with CoreWeave
Backblaze shares jumped nearly 40% on a $335 million storage deal with CoreWeave, marking a major AI infrastructure win for the small-cap cloud firm.
Technology
Russell Index Overhaul: CoreWeave Joins Large-Cap, Bloom Energy Ascends
FTSE Russell's annual index reconstitution will trigger trillions in passive fund trades at Friday's close, with CoreWeave joining the Russell 1000 and Bloom Energy moving up, driving concentrated order flows.
Markets
CoreWeave to Join Nasdaq-100 After 17% Weekly Surge
CoreWeave joins the Nasdaq-100 on Monday after a 17% weekly gain, triggering index fund buying from over $800 billion in assets. The AI cloud firm's Q1 revenue doubled to $2.08 billion, but net loss widened to $740 million.
Markets
CoreWeave Rallies Ahead of Nasdaq-100 Inclusion; Debt Concerns Loom
CoreWeave rose 17.3% to $117.95 ahead of its Nasdaq-100 debut. The company faces significant debt risks after pricing $3.25 billion in senior notes.
Markets