$11.23
+0.47 (+4.37%)
FWRG News30 articles
Fervo Energy IPO Swells to $2.17B; Stock Faces First Full Week of Trading
Fervo Energy completed a $2.17B IPO after underwriters exercised their option, selling 80.5M shares at $27 each. FRVO closed Friday at $41.06, up 52% from the IPO price, and now faces its first full trading week.
Blackstone Data Center REIT BXDC Closes First Week Above IPO Price
BXDC ended its first week at $20.10, above the $20 IPO price, after opening below it. The Blackstone-backed REIT raised $1.75 billion for data centers but has no assets yet.
P3 Health Partners Soars 200% After First Profit, Lifts 2026 Forecast
P3 Health Partners shares surged over 200% to $13 after posting its first quarterly profit and raising its 2026 adjusted EBITDA outlook. Net income reached $3 million, reversing a $44.2 million loss a year earlier.
Xanadu Quantum Posts Wider Loss in First Public Earnings Report
Xanadu Quantum Technologies posted Q1 revenue of $2.8M, up from $0.7M a year ago, but net loss widened to $20.6M. Shares fell over 3% after hours.
Klarna Reports First Profit Post-IPO, Tepid Q2 Guidance Caps Rally
Klarna achieved its first quarterly profit since going public, but softer Q2 guidance tempered investor enthusiasm. Revenue surged 44% to $1 billion.
First Majestic Silver Q1: Record Cash Flow vs Rising Costs
First Majestic Silver's Q1 results show record cash flow and revenue surging 95%, yet silver output declined and costs rose, leading to a share pullback as silver prices eased.
Navitas Soars 18% on India's First GaN Power IC Launch for AI Data Centers
Navitas Semiconductor shares surged 18% Monday after Cyient Semiconductors unveiled India's first GaN power IC lineup, built with Navitas tech for AI data centers, telecom, and EV charging.
Delta Debuts High-Capacity A321neo with 44 First Class Seats as Interim Solution
Delta Air Lines will deploy seven Airbus A321neos with 44 domestic first-class seats starting May 20 on Atlanta-Los Angeles flights, a temporary fix for flatbed suite delays.
Figma Stock Under Pressure as AI Strategy Faces First Major Test
Figma shares trade near $20 ahead of May 14 earnings, with investors focused on whether AI features can drive revenue growth amid rising costs and analyst caution.
Pfizer and Arvinas Secure First PROTAC Approval in Breast Cancer
The FDA approved Veppanu, a first-of-its-kind PROTAC pill from Pfizer and Arvinas, for advanced breast cancer with ESR1 mutations. The decision precedes Pfizer's Q1 earnings report.
Keel Infrastructure Nears First Earnings Report Under KEEL Ticker
Keel Infrastructure Corp. will release its first-quarter earnings on May 11, marking its initial report under the KEEL ticker following Bitfarms' redomiciliation.
Xanadu Quantum Tech Faces First Earnings Test Since SPAC Debut
Xanadu Quantum Technologies will report Q1 earnings on May 14, its first since listing via SPAC. Focus is on cash burn and progress toward fault-tolerant quantum computing.
Bed Bath & Beyond Posts First Revenue Growth in 19 Quarters, Shares Surge
Bed Bath & Beyond reported its first revenue growth in 19 quarters, with Q1 sales up 6.9% to $247.8 million. The net loss narrowed sharply, sending shares higher.
Greg Abel's First Berkshire Meeting: $370B Cash Pile Under Spotlight
Greg Abel will make his debut as Berkshire Hathaway CEO at the annual meeting on May 2, with investors focused on the company's $370 billion cash pile and recent stock decline.
FirstEnergy Ohio Rate Plan Could Add $5 to Monthly Bills
FirstEnergy's Ohio utilities are set to file a three-year rate plan by May 22 that could raise typical residential bills by $4.26 to $5.30 per month annually.
FirstEnergy Ohio Rate Plan to Raise Monthly Bills by Up to $5.30
FirstEnergy's Ohio utilities plan to file a three-year rate proposal by May 22, aiming to fund $800M in annual grid improvements and $83M for tree trimming, which could increase monthly bills by $4.26-$5.30 for typical households.
NIO Shares Slide Amid Broader Market Retreat Despite First Quarterly Profit
NIO's U.S.-listed shares declined 2.35% to $5.82, extending losses despite reporting its first-ever quarterly net profit. The drop coincided with a broader market retreat after the Federal Reserve's latest policy update.
NIO Shares Dip as First Profit Faces March Delivery Test
NIO shares retreated slightly following its inaugural quarterly profit, as the EV maker confronts a chip shortage and a steep March delivery hurdle to achieve its first-quarter target.
HSBC Upgrades Nio to Buy on First Quarterly Profit, Lifts Price Target
Nio shares advanced after HSBC upgraded the stock to Buy, raising its price target to $6.80. The move follows the company's first-ever quarterly net profit and robust vehicle delivery forecast for Q1.
NIO Surges on HSBC Upgrade, Posts First Quarterly Profit
NIO shares climbed 5% in early trading following an upgrade by HSBC, which cited improved visibility for 2026. The Chinese EV maker also announced its first quarterly net profit.
NIO Posts First Quarterly Profit, But Supply Chain Risks Loom
NIO achieved its first quarterly profit in Q4 2025, with net income of 282.7 million yuan. However, shares faced pressure as management warned of severe chip shortages and a challenging domestic market.
NIO Posts First Quarterly Profit, Stock Jumps as 2026 Break-Even Target in Focus
NIO shares rallied sharply after the company announced its first-ever quarterly net profit and forecast reaching break-even this year. The EV maker's Q4 revenue jumped 75.9% to 34.65 billion yuan.
NIO Posts First Quarterly Profit, Shares Surge on Strong Outlook
NIO achieved its first quarterly net profit in Q4, reporting 282.7 million yuan versus a year-ago loss. Revenue surged 75.9% to 34.65 billion yuan, driving shares up 15.2%.
Tesla Activates First Semi Megacharger, 2026 Fleet Launch Looms
Tesla has launched its first high-power Megacharger for Semi trucks in Ontario, California, though the station's current 750 kW output falls short of the vehicle's 1.2 MW capability. The company has not revealed how many customer Semis are operational, with a wider delivery push now scheduled for 2026.
Cintas Nears $5.2B Acquisition of UniFirst at $275/Share Premium
Cintas is reportedly close to finalizing a $5.2 billion acquisition of UniFirst at over $275 per share, representing a 64% premium. UniFirst shares surged 13.6% in premarket trading following the report.
VCIG Stock Volatile After Launch of Malaysia's First NVIDIA AI Center
VCI Global Limited saw its stock surge then retreat after announcing the launch of Malaysia's first NVIDIA-powered AI GPU Computing Center and its Intelli-X enterprise language model platform.
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.
Walmart Approaches Record High Ahead of Q4 Earnings, First Under New CEO
Walmart shares closed at $133.89, up 0.2%, pushing its market value to approximately $1.07 trillion. The retailer reports fourth-quarter results Thursday, marking the first earnings release under new CEO John Furner.
First Majestic Silver Soars 85% Amid Valuation Clash
First Majestic Silver stock has surged 85.53% over three months, sparking a valuation debate between bullish CA$120 targets and a DCF model suggesting CA$30.03. Albertsons appears undervalued by 55% based on cash flow analysis.
UniFirst Shares Surge on Renewed Cintas Acquisition Speculation
UniFirst stock jumped 15% premarket following reports of revived takeover discussions with larger rival Cintas. The uniform rental company's board continues reviewing Cintas's $275-per-share cash proposal.