TTRX
NASDAQ · Pharmaceuticals
Turn Therapeutics Inc
$3.80
+0.11 (+2.97%)
TTRX News30 articles
Carvana Stock Split Completed: Focus Returns to Profitability Metrics
Carvana's 5-for-1 stock split is now effective, with shares closing at $77.94. The focus shifts to the company's ability to sustain profit improvements amid rising costs.
DXC Technology Shares Tumble 23% on Weak Revenue Outlook and AI Turnaround Doubts
DXC Technology shares fell 23% after forecasting further organic revenue declines and reporting a GAAP loss, casting doubt on its AI-driven turnaround amid weak demand.
Kraft Heinz Q1 Sales Beat Fuels CEO's Turnaround Strategy
Kraft Heinz beat Q1 sales estimates, sending shares up 3.6%. CEO Steve Cahillane's $600M turnaround plan gets an early boost as brand investment ramps up.
Paul Tudor Jones Warns of Negative Decade Returns as Market Cap Hits 252% of GDP
Paul Tudor Jones warns the S&P 500 may deliver negative returns over the next decade as total U.S. stock market capitalization hits a historic 252% of GDP, exceeding pre-Great Depression and dot-com bubble levels.
BlackBerry's QNX Software Powers 275 Million Vehicles, Driving Profit Turnaround
BlackBerry's QNX software now runs in over 275 million vehicles, generating $268 million in fiscal 2026 revenue and helping the company post a $53.2 million profit.
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.
Carvana Shares Dip Despite Record Q1 Sales as Margin Pressure Returns
Carvana shares fell 1.8% despite record Q1 sales and profit, as gross profit per vehicle slipped to $6,783 from $6,938 a year ago.
Transocean's Equinox Rig Returns to Work Amid $1.6B Backlog Surge
Transocean's Equinox rig has resumed drilling for Beach Energy in Australia's Otway Basin, while the company adds $1.6 billion in new backlog from contracts in Brazil, Norway, and the Eastern Mediterranean.
Stellantis Narrows Focus to Four Core Brands as Turnaround Strategy Takes Shape
Stellantis is set to concentrate future investment on Jeep, Ram, Peugeot, and Fiat, while other brands like Chrysler shift to regional roles, according to sources ahead of a May 21 strategy announcement.
Eminence Capital to Close After 27 Years, Return $5.9 Billion
Eminence Capital, founded by Ricky Sandler, is closing after 27 years, returning $5.9 billion to investors by late June amid poor returns and rising expenses.
AEye Surges on Analyst Upgrade as Lidar Turnaround Hopes Grow
AEye surged over 30% after Craig-Hallum initiated coverage with a buy rating and $3.50 target, spotlighting a potential turnaround. The lidar maker faces revenue challenges but adds new operations head.
Elong Power Stock Surges 26% on Heavy Volume Amid Turnaround Efforts
Elong Power shares surged 26% on heavy trading volume, as the company released its annual report showing narrowed losses and a strategic pivot to an asset-light battery storage model.
Intel Q1 Earnings: AI Chip Supply Crunch Tests Turnaround Strategy
Intel faces its Q1 earnings report Thursday, with investors scrutinizing whether the chipmaker can meet surging AI server processor demand. Despite expected data center growth, overall revenue and earnings are projected to decline sharply.
Bitcoin Stabilizes Near $74K as Institutional Demand Returns
Bitcoin traded around $74,395 Wednesday, maintaining gains after briefly surpassing $76,000. U.S. spot bitcoin ETFs saw $411.4 million in inflows, reversing the previous day's outflow, while corporate purchases resumed.
Nokia AGM to Decide Leadership, Capital Return as AI Strategy Takes Shape
Nokia shareholders will vote on a new chair and expanded capital return powers at Thursday's AGM, with the company navigating a strategic shift toward AI-driven networking ahead of quarterly earnings.
Markets Stabilize After Oil Spike, Focus Turns to Inflation Data
U.S. stocks edged higher Thursday despite a surge in oil prices following heightened Middle East tensions, with the S&P 500 gaining 0.1%. Attention now shifts to next week's inflation report.
Nike Plunges to Decade Low on China Revenue Warning, Turnaround Timeline Extends
Nike shares tumbled over 15% to their lowest close in more than ten years after the company projected a steep 20% revenue decline in China and an overall sales drop for the current quarter, missing analyst expectations.
Bitcoin Reclaims $68K on Geopolitical Easing, ETF Inflows Return
Bitcoin climbed past $68,000 Tuesday, buoyed by geopolitical optimism and a return to net inflows for U.S. spot ETFs. Ether gained 2.8% to $2,096.20.
Coca-Cola Gains Amid Market Downturn as Leadership Transition Nears
Coca-Cola shares advanced 1.3% to $75.71 on Friday, outperforming a significant market decline. The move comes as the company prepares for a CEO transition and a dividend payment.
Intel Surges 7% on 18A PC Launch, Fueling Turnaround Hopes
Intel shares rallied 7.1% to $47.18 following the launch of its Core Ultra Series 3 business PCs, the first built on the new 18A manufacturing node. The company also secured an accelerated $5.7 billion in CHIPS Act subsidies.
Plug Power's Turnaround Faces Wall Street Skepticism as New CEO Takes Charge
Plug Power's stock remains under pressure, trading around $2.29, as Wall Street awaits proof of new CEO Jose Luis Crespo's turnaround strategy. While the company reported 2025 revenue growth and a positive gross margin, liquidity concerns persist.
Stellantis Shares Rally on Strong European Sales, Chairman Expresses Turnaround Confidence
Stellantis shares advanced 2.3% following a 9.5% surge in European vehicle registrations for February. Chairman John Elkann expressed optimism about the automaker's future direction while urging caution on capital spending.
Plug Power Shares Retreat as Market Weighs Turnaround Strategy
Plug Power shares fell Tuesday, giving back some of Monday's gains after management outlined a turnaround plan. Analysts remain skeptical, seeking sustained execution.
Coeur Mining Unveils Major Capital Return Plan After New Gold Acquisition
Coeur Mining has finalized its acquisition of New Gold, revealing a $750 million share repurchase program and its first-ever cash dividend. The company also significantly raised its 2026 production guidance.
Plug Power Gains on Investor Outreach Amid Turnaround Focus, Legal Challenge
Plug Power shares advanced 3.6% Monday following news of upcoming investor meetings. The hydrogen firm reported improved 2025 financials but faces a new class-action lawsuit related to a DOE loan.
Bitmine Expands Ethereum Treasury Amid Market Downturn, Staking Revenue Hits $184M
Bitmine Immersion Technologies boosted its Ethereum reserves to 4.66 million tokens, though its overall crypto and cash portfolio value slipped to $11 billion due to price declines. The company staked 67% of its ETH, generating annualized revenues of $184 million.
Fundrise VCX Soars on NYSE, Defying Market Downturn as AI Craze Fuels Demand
Fundrise's VCX, a public venture capital fund, closed at $117.70, up 54.5% since its NYSE debut, trading at a steep premium to net asset value. The fund's heavy allocation to private AI companies drove demand despite broader market declines.
Plug Power's Turnaround Bid Faces Investor Scrutiny Amid Asset Sales
Plug Power Inc. is navigating a critical phase, with its stock trading significantly below recent highs as the company implements asset sales and spending reductions to extend its financial runway. While Q4 results showed revenue growth and a positive gross margin shift, analyst sentiment remains mixed amid ongoing liquidity concerns.
Kohl's Michigan Closure Highlights Turnaround Struggles Amid Weak Traffic
Kohl's has shuttered a store in Sault Ste. Marie, Michigan, amid a 2.8% decline in comparable sales and a 5% drop in foot traffic last quarter. The retailer faces mounting pressure as budget competitors like Ross Stores attract more shoppers.
Plug Power CEO Outlines Turnaround Path Amid Liquidity Push
Plug Power shares remained stable as new CEO Jose Luis Crespo outlined his strategic priorities for margin gains and capital efficiency during his inaugural investor conference appearance. The company aims for positive EBITDAS by late 2026.