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Commercial Metals Co
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CMC News18 articles
Nucor Stock Slides 6% on Q3 Forecast Shortfall
Nucor's Q3 earnings guidance midpoint of $5.60 fell 6.5% below consensus, sending shares down 6.3%. Analyst targets trimmed but Buy ratings persist.
Gerdau Shares Gain as Hydropower Deal Strengthens Energy Cost Hedge
Gerdau's ADR climbed 2.7% to $4.77 after the company acquired a 23.03% stake in hydro generator DFESA for R$154 million, advancing its energy hedging strategy.
Nauticus Robotics Soars 27% as Both Comanche ROVs Enter Commercial Service
Nauticus Robotics (KITT) surged 27% after announcing both Comanche ROVs are now in commercial service. The rally lifts market value to $7.55M, yet cash reserves may only last 25 days.
Moderna Slides 3.4% as $55B Valuation Faces Cancer Vaccine Commercial Test
Moderna (MRNA) dropped 3.4% Friday, but the stock is still up 130% on melanoma vaccine hopes. Analysts see $1B in sales by 2030, yet commercial hurdles and trial setbacks persist.
Oklo Stock Slides 5% as $5.4B Valuation Holds Pre-Commercial Phase
Oklo shares dropped 5% last week, but the company still commands a $5.4B valuation ahead of its first commercial power. Analysts see 90% upside.
Palantir Q2 Report Looms as Commercial Revenue Nears Government Sales
Palantir's Q2 earnings arrive Monday as US commercial revenue nears government sales, with a potential crossover signaling AI-driven growth. Analysts expect modest revenue beat.
Palantir Gains on First Latin American Commercial Customer GNP Seguros
Palantir (PLTR) edged up 2.1% on Tuesday after announcing GNP Seguros as its first commercial customer in Latin America, signaling international growth.
QTREX Quantum Stock Soars on 97% AME Yield Milestone, Eyes Commercial Production
QTREX Quantum shares surged 70.54% after AME system achieved 97% yield validation at a major U.S. interconnect manufacturer, signaling commercial readiness.
NuScale Power Stock Bounces to $10 as Investors Eye SMR Commercialization Path
NuScale Power shares gained 4.5% to $10.00 on news of a new training center, but the company's first-quarter revenue of $565,000 and $46.7 million net loss keep focus on potential customer commitments.
Palantir Shares Slip Despite New Google Cloud Deal and Commercial Wins
Palantir shares declined 0.9% to $140.89, reversing early gains, as investors weigh the impact of new Google Cloud and commercial deals against ongoing valuation sensitivity and regulatory risks.
Amazon's Satellite Internet Nears Commercial Launch, BofA Says
Bank of America maintains a Buy rating on Amazon with a $310 price target, citing the imminent first revenue from its Leo satellite network, which now has 331 satellites deployed.
Aurora Innovation Surges on Commercial Deals and Analyst Upgrade
Aurora Innovation shares rose 5.8% to $7.21 after Morgan Stanley raised its price target to $14 and the company announced new commercial freight deals with Volvo, DSV, and McLane.
Oklo Gains NRC Approval for Aurora Design, but Commercial Hurdles Remain
Oklo Inc. received NRC approval for its Aurora powerhouse design, halving the review time. Yet, the company has no built plants or binding power deals, and faces significant hurdles.
Palantir Drops Despite Record Revenue; Commercial Miss Triggers Selloff
Palantir shares slipped 1.4% to $134.04 despite record quarterly revenue of $1.63B. A $10M miss in U.S. commercial revenue triggered the decline, even as the company raised 2026 guidance.
Palantir Stock Dips Despite Record Q1 as U.S. Commercial Revenue Misses Estimates
Palantir shares dropped 6.9% on Tuesday after U.S. commercial revenue fell short of analyst expectations, overshadowing record Q1 results and an increased 2026 outlook.
Boeing Showcases Chinook Drone Tech as Commercial Recovery Hinges on Q1 Earnings
Boeing is promoting advanced drone and autonomy features for its Chinook helicopter as investors await first-quarter earnings, with the commercial division's recovery and production targets under the microscope.
Intel's 18A Process Debuts in Commercial PCs as Market Headwinds Loom
Intel's 18A manufacturing technology makes its commercial debut in PCs shipping Tuesday, with Dell among the first vendors. The launch comes as Gartner forecasts a 10.4% drop in global PC shipments for 2026.
Nokia's AWS-Powered 5G Core SaaS Debuts with First Commercial Customer
Nokia's stock remained steady around $7.60 in premarket trading following the launch of the first commercial 5G Core software-as-a-service deployment on Amazon Web Services by Belgian operator Citymesh.