PRGS
NASDAQ · Technology
Progress Software Corp
$40.59
+0.25 (+0.62%)
PRGS News30 articles
Progress Software Q2 Beats Estimates, But License Revenue Surge Raises Recurring Revenue Concerns
Progress Software beat Q2 estimates with 7% revenue growth, but license sales outpaced recurring revenue, leading to an after-hours stock decline.
Teva Q2 Preview: Emalex Charge May Mask Underlying Progress
Teva's Q2 results face a $700M Emalex charge that could neutralize branded-drug growth, with consensus EPS near zero. Revenue is forecast at $4.058B.
Oil Surge Challenges Fed's Inflation Progress, Complicates Rate Path
A sharp 11% rally in oil prices over the past week is casting doubt on the Fed's ability to pause rate hikes, after June CPI showed a 0.4% drop driven by lower fuel costs.
SemiLEDs Shares Leap 47% on Equipment Resale Boost, LED Sales Show Progress
SemiLEDs shares jumped 47% after equipment resales accounted for 94% of gross profit in Q3, while LED sales improved. Revenue surged to $9M, but customer concentration and going-concern risks remain.
Rolls-Royce Buyback Progress Fails to Lift Shares Despite Analyst Optimism
Rolls-Royce (LON:RR) fell 0.5% to 1,429p as its £1.34 billion buyback failed to support the stock. Jefferies raised its price target to 1,870p, but investors are waiting for a guidance hike.
Keel Infrastructure Stock Bounces as Leasing Progress Becomes Key Test
Keel Infrastructure shares rebound 9% in two days, but a wide valuation range underscores the uncertainty around converting power capacity into long-term data-center leases.
Crypto Sell-Off Deepens as AI Stocks Lure Investors; Gold Miner i-80 Reports Progress
Cryptocurrencies dropped nearly 9% as AI stocks gained favor. i-80 Gold released drill results, NSE plans a major IPO, Vizsla Silver advances its mine strategy, and US-Iran tensions keep oil steady.
Plug Power's Cash Position and Project Progress Under Scrutiny
Plug Power shares closed at $2.85, up 7.55% on Thursday, but the market's focus remains on liquidity challenges and the company's ability to monetize projects.
Intel Hits Record High on Apple Foundry Deal, Foundry Progress
Intel shares closed at an all-time high of $133.99 after President Trump revealed Apple will work with Intel on chip design and manufacturing in the U.S., boosting confidence in Intel's foundry ambitions.
Plug Power Shares Climb Amid Focus on Liquidity and Margin Progress
Plug Power shares rebounded 3.7% to $2.81 as the market assessed its liquidity improvements and margin gains from the first quarter.
Archer Aviation's Cash Burn and FAA Progress Keep Shares in Check
Archer Aviation shares hover near $5.45 as the company enters Phase 4 of FAA certification for its Midnight eVTOL, while Q1 losses and cash burn remain key concerns.
Archer Aviation Rises 9% on Broad Market Rally, FAA Progress Key
Archer Aviation shares surged 9.25% to $5.55 on Monday, driven by a broad market rally rather than company-specific news, with investors watching FAA certification and Q2 results.
NextEra Energy Gains on Dominion Merger Progress and AI Demand
NextEra Energy shares rose 1.36% Friday, outperforming the market, as investors focus on the Dominion Energy merger approval path and rising power demand from AI.
Moderna Stock Surges 8% Amid Nasdaq Rally, Cancer Vaccine Progress in Focus
Moderna shares surged nearly 8% to $49.64, tracking a broad Nasdaq rally. Investors are focused on the company's mRNA cancer vaccine pipeline after UK regulators cleared a new trial for Lynch syndrome.
Archer Aviation Steadies After ARK Invest Trims Stake, FAA Progress in Focus
Archer Aviation shares edge up 0.5% to $5.08 as ARK Invest sells 2.2 million shares. Focus remains on FAA certification, cash position, and Q2 loss guidance.
Outlook Therapeutics Surges on FDA Review Progress for Lytenava
Outlook Therapeutics shares surged 26% to $0.89 as the FDA began a 60-day review of Lytenava after a successful appeal, though the stock faces Nasdaq delisting and dilution risks.
Constellation Energy Slips Amid AI-Power Stock Selloff Despite Three Mile Island Progress
Constellation Energy shares fell 3.3% despite FERC approval for the Crane Clean Energy Center, as AI-linked power stocks faced broad selling. NRC decision in September is key.
Tesla Shares Rally on China Sales Rebound, Robotaxi Progress in Focus
Tesla shares rallied on a strong rebound in China retail sales, but the stock faces a test as U.S. inflation data and the small size of its robotaxi fleet loom.
Lithium Americas Surges on Thacker Pass Progress, Defying Sector Weakness
Lithium Americas shares jumped 5.8% to $5.51 as investors focused on accelerating construction at its Thacker Pass project, bucking declines in Albemarle and SQM.
Virgin Galactic Shares Surge on Flight Progress, Sector Tailwinds
Virgin Galactic shares surged 19.5% Thursday to $4.53, buoyed by VSS Unity glide test resumption and renewed space sector interest ahead of a potential SpaceX IPO.
Archer Aviation Shares Dip Amid Cash Burn Concerns and FAA Progress
Archer Aviation shares slipped to $6.49 after reporting a Q1 net loss of $217.7M. The company completed Phase 3 of FAA type certification for its eVTOL aircraft, but ongoing cash burn pressures persist.
Co-Diagnostics Soars on Ebola Test Progress Amid Going Concern Warning
Co-Diagnostics shares jumped 78% to $9.03 after advancing an Ebola PCR test, but a recent filing shows the company raised $3 million and warned of substantial doubt about its ability to continue.
Rolls-Royce Shares Edge Up on Turnaround Progress and Flight Hours Growth
Rolls-Royce shares gained 0.8% in early London trade, buoyed by reaffirmed 2026 guidance, increased engine flying hours, and continued buyback progress. Analysts remain cautious on execution risks.
Air Canada Stock Rises on Oil Drop and Labor Deal Progress
Air Canada shares rose nearly 3% Monday on lower oil prices and a tentative labor agreement covering 6,000 Unifor members, easing some near-term pressures.
Bitcoin Holds Above $77K as Oil Slides on Iran Talks Progress
Bitcoin held above $77,000 on thin holiday trading, with oil prices falling over 4% on U.S.-Iran talks progress. Spot bitcoin ETFs saw net outflows of $1.26 billion from May 18-22.
Joby Aviation Shares Surge Ahead of Memorial Day Break; FAA Progress Key
Joby Aviation shares rose 5% to $10.92 on Friday, gaining 5.4% for the week before the Memorial Day holiday. The company's next major event is its June 2 annual meeting, following a Q1 update showing $2.5 billion in cash and FAA certification advances.
Archer Aviation Holds Pre-Holiday Gains as FAA Progress and Insider Sales Draw Attention
Archer Aviation shares climbed 3.92% to $6.36 on Friday, posting a 5.1% weekly gain. Markets are closed Monday for Memorial Day, with the next session on Tuesday.
Harmonic Inc. Surges 20% on Raised Forecast, Video Unit Sale Progress
Harmonic Inc. shares soared nearly 20% Friday to $15.20 after the company raised its 2026 broadband revenue outlook and reported strong Q1 results.
Archer Aviation Gains on FAA Certification Progress and 2026 Operations Target
Archer Aviation shares rose 5.8% Thursday on heavy volume as FAA certification for its Midnight eVTOL aircraft progresses. The company expects initial U.S. operations in 2026 under a federal pilot program.
QuantumScape Ends Volatile Week Lower; Focus on Eagle Line Progress
QuantumScape shares fell 6.9% Friday to $8.01 but still gained 6.6% for the week. The pre-revenue solid-state battery company reported a Q1 loss and highlighted Eagle Line production.