STFS
NASDAQ · Media
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$10.81
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STFS News30 articles
Starbucks Faces Key Resistance After Announcing $400M Restructuring
Starbucks shares hover near 52-week highs after the coffee giant revealed a $400 million restructuring plan involving 300 corporate job cuts and regional office closures, part of CEO Brian Niccol's turnaround strategy.
Upstart CEO's $1.38M Stock Buy Fuels 10% Rally
Upstart Holdings shares jumped 10.1% after CEO Paul Gu bought $1.38 million in stock, signaling confidence amid robust loan growth but rising losses.
Upstart CEO Paul Gu's $1.38M Share Purchase Sparks 9.5% Rally
Upstart (UPST) shares jumped 9.5% after CEO Paul Gu purchased $1.38 million in stock, signaling insider confidence despite a wider quarterly loss and plans to seek a national bank charter.
EchoStar Surges on FCC Spectrum Sale Approval, SpaceX Proxy Status Grows
EchoStar shares jumped after FCC approval of $40B spectrum sales to AT&T and SpaceX, with a $2.4B escrow condition. Q1 revenue dipped to $3.67B as subscriber losses continued.
Delta to End Complimentary Snacks on Short-Haul Flights Starting May 19
Delta Air Lines (DAL) will eliminate complimentary snacks and drinks in Main Cabin and Delta Comfort on flights under 350 miles starting May 19, impacting roughly 9% of daily flights due to rising fuel costs.
BlackBerry Buyback Set to Start as QNX Drives Stock Rally
BlackBerry's new buyback program, starting May 12, allows repurchase of up to 26.8 million shares after its stock hit a one-year high, driven by strong QNX software results.
Celsius Hits Record Revenue on Alani Nu, Rockstar Strength
Celsius posted record Q1 revenue of $782.6M, up 138%, beating analyst estimates. Shares jumped 10% premarket as Alani Nu and Rockstar drove growth, though gross margin slipped to 48.3%.
QuantumScape Stock Rises on QSE-5 Production Start, Losses Persist
QuantumScape shares rose to $7.95 on initial production of its QSE-5 solid-state battery cells, but the company reported a Q1 net loss of $100.8 million with no revenue yet.
SpaceX Launches 24 Starlink Satellites Amid Accelerating May Schedule
SpaceX launched 24 Starlink satellites from Vandenberg Space Force Base, landing the Falcon 9 booster on a Pacific droneship. The mission was the company's 55th launch of 2026.
Upstart Stock Plunges 14% as Profit Margins Disappoint Despite Surging Loan Volume
Upstart shares tumbled 13.9% after hours as the AI lender's wider net loss and lower adjusted EBITDA overshadowed a 44% revenue surge and robust loan growth.
XCF Global Targets June Restart for SAF Plant, Sets $120M Revenue Goal
XCF Global aims to restart its New Rise Reno SAF plant in June, targeting $110-$120M net revenue by 2027, with a pending merger with DevvStream and Southern Energy Renewables.
Pershing Square IPO Package Returns to Profit After Volatile Start
Pershing Square Inc. shares rose to $37.99, lifting the combined IPO package above the $50 offer price after a volatile NYSE debut.
Upstart Shares Slip on Fortress Loan Deal as Investor Caution Lingers
Upstart shares fell after announcing a $1.25 billion loan purchase deal with Fortress Investment Group. Despite strong 2025 results, investors remain cautious about funding risks.
Starbucks Shares Surge on Raised Outlook and Strong Q2 Sales
Starbucks shares surged 10% after Q2 global comparable sales rose 6.2%, beating estimates, and the company raised its fiscal 2026 outlook, signaling CEO Niccol's turnaround is working.
Nasdaq Slides on AI Jitters; Visa, Starbucks Rally in After-Hours Trading
U.S. stocks fell Tuesday, with the Nasdaq down 0.9% as AI and chip shares sold off. In after-hours trading, Visa and Starbucks rallied on strong earnings, while oil prices climbed above $100.
Starbucks Lifts Outlook After Sales Surge Signals Niccol's Strategy is Working
Starbucks raised its full-year outlook after Q2 earnings beat, with global comparable sales up 6.2% and U.S. traffic rising 4.3%, sending shares up nearly 6% after hours.
Stock Market Investing for Beginners: A Safe Start Without Major Losses
New investors should avoid using essential funds, pay off high-interest debt, and start with low-cost index funds or ETFs, as advised by regulators and Warren Buffett.
SpaceX IPO: Starlink and Starship at Forefront as $1.75 Trillion Valuation Looms
SpaceX's confidential IPO filing targets a $1.75 trillion valuation, with Starlink's cash generation and Starship's advancements key to investor appeal.
Forestar Tightens 2026 Lot Outlook Amid Affordability Headwinds
Forestar Group trimmed its 2026 lot delivery forecast to 14,000-14,500 as Q2 sales dropped 14% despite a 7% revenue gain. D.R. Horton purchased 2,450 lots, but margin pressure persists.
Constellation Energy's Three Mile Island Restart Faces Water Use Hurdle
Constellation Energy's plan to restart Three Mile Island Unit 1 faces a water use test, as the company seeks to draw up to 73.2 million gallons daily from the Susquehanna River for the Crane Clean Energy Center.
Capital One $425M Settlement Approved: Payouts Starting July 21
A federal judge approved Capital One's $425 million settlement over 360 Savings interest rates. Payments begin July 21 unless appealed.
Constellation Energy Surges Despite Regulatory Challenge to Three Mile Island Restart
Constellation Energy shares jumped 7.2% despite a regulatory filing urging FERC to deny a waiver for the Crane nuclear restart, which is crucial for a 2027 Microsoft data center deal.
Amazon's Globalstar Move Heightens Focus on SpaceX's Record IPO Valuation
Amazon's major satellite acquisition intensifies the market's focus on SpaceX's upcoming IPO, which seeks a historic $1.75 trillion valuation. The offering's roadshow is set for early June, with retail investors potentially receiving an unusually large 30% share allocation.
Amazon Strikes $11.6B Deal for Globalstar to Accelerate Satellite Network
Amazon has entered an agreement to purchase satellite communications firm Globalstar in a deal valued at approximately $11.6 billion. The acquisition is designed to bolster Amazon's low-Earth orbit satellite constellation and accelerate its push into direct-to-device connectivity.
Nexstar Completes $6.2B Tegna Takeover, Faces Legal Challenges
Nexstar Media Group has closed its $6.2 billion purchase of Tegna, becoming the largest owner of local television stations in the United States. The deal received regulatory approval but is now facing antitrust lawsuits from several states and DirecTV.
Eight States Sue to Block Nexstar's $6.2 Billion Tegna Acquisition
A coalition of eight states has filed an antitrust lawsuit seeking to halt Nexstar Media Group's proposed $6.2 billion acquisition of Tegna, arguing the deal would harm competition and raise costs for consumers.
TeraWulf Stock Pulls Back After Kentucky Data Center Loan, Construction Start
TeraWulf Inc. shares retreated Tuesday, giving back a portion of Monday's sharp gains after announcing financing and construction approval for a major Kentucky data center project, underscoring its strategic pivot toward AI and high-performance computing.
Northern Star Revises FY26 Gold Forecast Amid Operational Challenges
Northern Star Resources Ltd has cautioned that its full-year 2026 gold production could fall short of previous guidance, citing operational difficulties at its KCGM and Jundee sites. The miner now anticipates output exceeding 1.5 million ounces, below its earlier 1.6-1.7 million ounce range.
Northern Star Shares Slide Ahead of Ex-Dividend Date Amid Market Rout
Northern Star Resources declined 3.21% to A$30.71 as the broader Australian market retreated. The gold miner's shares will trade ex-dividend on Wednesday for a 25-cent fully franked interim distribution.
Northern Star shares slide ahead of ex-dividend date amid broader market retreat
Northern Star Resources declined 3.21% to A$30.71 as the broader Australian market retreated. Shares will trade ex-dividend Wednesday for a 25-cent fully franked interim distribution.