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TOPS News30 articles
Top US Carriers Join Forces for Satellite Network to End Dead Zones
AT&T, Verizon, and T-Mobile announced an unprecedented partnership to create a satellite-based network connecting standard phones directly to satellites, aiming to eliminate wireless dead zones across the U.S.
Oklo Shares Slide as Q1 Loss Triples, Cash Hoard Tops $2.5 Billion
Oklo reported a Q1 net loss of $33.1 million, more than triple last year, as R&D and admin costs surged. The company holds $2.54 billion in cash but has no reactor revenue.
Flashscore Tops Speed Poll Ahead of 2026 World Cup
Flashscore was named fastest live sports platform in a survey across UK, Italy, and Brazil, with 46-53% of fans citing it as quickest, just weeks before the 2026 World Cup.
GameStop Shares Swing Wildly After Roaring Kitty X Account Posts Then Deletes Crypto Content
GameStop shares surged up to 13% after posts appeared on Keith Gill's Roaring Kitty X account, then erased gains as the posts vanished within an hour, sparking speculation the account was hacked.
Opendoor Q1 Revenue Tops Estimates, But Profitability Concerns Loom
Opendoor's Q1 revenue of $720M beat forecasts, but sales fell 38% YoY. The company expects Q2 revenue growth of 25% and adjusted EBITDA breakeven.
Beyond Meat Tops $1 Ahead of Q1 Results, Nasdaq Compliance in Focus
Beyond Meat shares reclaimed the $1 mark ahead of first-quarter earnings, but Nasdaq compliance pressure remains as the company faces a deadline to boost its stock price.
One Stop Systems Surges on Q1 Revenue Beat; Memory Supply Risks Emerge
One Stop Systems reported a 55% revenue jump to $8.1 million, beating estimates, but flagged memory supply risks and customer concentration.
Occidental Petroleum Q1 Profit Tops Estimates, Debt Reduction in Focus
Occidental Petroleum reported Q1 adjusted EPS of $1.06, above expectations, as US production rose. The company reduced debt to $13.3 billion and lowered its full-year production forecast. CEO transition planned for June 1.
GameStop's $56B Bid for eBay Faces Skepticism as Stock Lags Offer
GameStop's $55.5 billion bid for eBay, offering $125 per share, has sparked a takeover battle, but eBay's stock remains below the offer price due to investor skepticism.
GameStop's $55.5 Billion eBay Offer Faces Skepticism as Cohen Pursues Transformation
GameStop's $55.5 billion bid for eBay at $125 per share faces Wall Street skepticism, with eBay's market cap nearly four times larger. EBay shares rose but stayed below offer, while GameStop fell 3%.
eBay Soars on Report of GameStop Takeover Bid
eBay shares surged over 13% after-hours on reports that GameStop is preparing a takeover bid. The potential deal raises questions about financing and strategic fit.
GameStop Prepares Bid for eBay, Testing Cohen's $100B Goal
GameStop is preparing a takeover bid for eBay, with CEO Ryan Cohen's $100B market cap compensation plan on the line. eBay shares surged 14% after-hours.
eBay Shares Surge on Q1 Beat and GameStop Acquisition Rumors
eBay shares rose 9% in extended trading following a Q1 earnings beat and reports that GameStop may make a bid for the online marketplace.
GameStop's $9 Billion War Chest Fuels Stock Rally
GameStop shares climbed to $26.61 as the market speculates on CEO Ryan Cohen's strategy for the company's $9 billion cash pile. Q4 results revealed a sales decline but improved operating income.
Colgate-Palmolive Tops Q1 Estimates, Warns of $300M Cost Hit
Colgate-Palmolive beat Q1 estimates on international strength, but warned of $300M in extra costs from the Middle East conflict, lowering its gross margin outlook.
Moderna Tops Q1 Revenue Forecast on International Covid Vaccine Sales, Hit by $900M Charge
Moderna's Q1 revenue surged to $389M on international Covid vaccine sales, but a $900M patent charge pushed net loss to $1.34B. Shares fell 2.7%.
Chevron Tops Q1 Profit Forecasts, But Cash Flow Drop Raises Eyebrows
Chevron beat Q1 earnings estimates but net income slid to $2.2 billion and cash flow from operations halved, overshadowing upstream gains.
Exxon, Chevron Top Q1 Estimates Despite Iran Conflict Disruptions
Exxon and Chevron beat Q1 earnings forecasts, but the Iran war disrupted shipments and cash flow. Adjusted EPS: XOM $1.16, CVX $1.41. Timing effects and hedging losses weighed.
Regeneron Q1 Results Top Estimates, Eylea Challenges Loom
Regeneron reported strong Q1 results with revenue up 19% and earnings above estimates, but Eylea sales declined and an FDA delay on a new syringe manufacturer weighs on shares.
UPS Tops Q1 Forecasts Amid Amazon Network Overhaul
UPS beat Q1 earnings and revenue estimates, but shares fell 3% as profit dropped 28% and the company navigates a strategic pullback from Amazon business.
Joby Aviation Partners on LA Rooftop Vertiport, Awaits FAA Certification
Joby Aviation and Reuben Brothers plan an air-taxi vertiport at LA's Century Plaza, using an existing helipad. The project awaits local, state, and federal approvals as Joby pursues commercial certification.
P&G Tops Q3 Estimates, Flags $150M Commodity Hit on Fiscal 2026
Procter & Gamble reported fiscal Q3 net sales of $21.2 billion and core EPS of $1.59, beating estimates. The company warned of a $150 million cost hit from commodities and tariffs in fiscal 2026.
Newmont Tops Q1 Estimates, Authorizes $6B Buyback, Warns on Q2 Costs
Newmont reported Q1 adjusted earnings of $2.90 per share, beating estimates, and authorized a new $6 billion buyback. The miner warned of higher costs and lower output in the second quarter.
MaxLinear Soars 23% on AI Optical Demand, Q2 Revenue Guidance Tops Estimates
MaxLinear reported Q1 revenue of $137.2M, up 43% YoY, and issued Q2 guidance of $160M-$170M, far above analysts' $137.1M estimate, fueled by AI data-center demand for optical chips.
GameStop Shares Dip as Trade-In Promotion Ends, Valuation Questions Loom
GameStop shares slipped 1.6% to $25.24 after a promotional trade-in deal ended, reigniting debate over the company's valuation and its transition to collectibles.
US Mortgage Rates Slip to 6.30%, Sparking Spring Buyer Surge; Bay Area Prices Top $2M
Mortgage rates dropped to 6.30%, boosting purchase applications 10% and pending home sales 1.5%. Bay Area prices stay above $2 million.
Heineken's Q1 Revenue Tops Estimates, Beer Volume Slips
Heineken's Q1 revenue beat estimates, but beer volumes fell 0.8% and shares dropped. The brewer kept its 2026 profit outlook amid mixed regional performance.
GameStop Surges on Deal Speculation and CEO Ambitions
GameStop shares climbed more than 4% Wednesday, trading above $25 as renewed interest in CEO Ryan Cohen's acquisition strategy and a promotional push fueled buying. The stock's move reflects investor focus on the company's substantial cash reserves rather than its declining core business.
QXO Strikes $17B Deal for TopBuild, Cementing Building-Products Ambitions
QXO announced a definitive agreement to acquire insulation specialist TopBuild for approximately $17 billion in cash and stock. The transaction, offering a 23% premium, aims to create the second-largest publicly traded building-products distributor in North America.
Intel Expands 18A Chip Reach to Mainstream Laptops Amid Analyst Target Hikes
Intel has introduced its Core Series 3 mobile processors, extending its 18A manufacturing technology to mainstream laptops. The stock gained over 4% following the announcement, with Wall Street firms raising price targets ahead of the company's quarterly results.