$2.19
+0.01 (+0.46%)
VENU News30 articles
NuScale Shares Slide 3.4% as Revenue Remains Minimal Despite $1 Billion Cash Cushion
NuScale Power shares slipped 3.4% in a holiday week, closing at $9.76. The company boasts $1 billion in cash but reported just $0.6 million in Q1 revenue.
Palantir's Revenue Multiple Nears 44x as Holiday Pause Begins
Palantir (NASDAQ:PLTR) heads into the Independence Day holiday with a valuation near 43 times its 2026 revenue guidance, after an analyst upgrade and CEO comments on AI pricing.
GTA VI Preorders Could Boost Take-Two Revenue by $240M-$360M, Analyst Says
Take-Two Interactive shares rose 6.9% last week, outperforming the Nasdaq and S&P 500, as analysts highlight potential $240M-$360M in GTA VI preorder revenue.
Remitly Stock Near Highs as Margin Improvements Counter Revenue Yield Drop
Remitly Global shares rose 3.49% to $23.75, nearing their 52-week high, as investors focus on margin improvements compensating for declining revenue per transaction.
HydroGraph Shares Plunge as $1.48B Valuation Dwarfs Tiny Revenue
HydroGraph Clean Power shares fell 12.2% on Friday, with a C$1.48 billion market cap versus trailing sales of about US$90,800, highlighting an extreme valuation gap.
Kraken Robotics Shares Dip Post-Covelya Deal Despite Revenue Forecast Boost
Kraken Robotics shares gained 4.7% to C$6.67 after closing the Covelya acquisition, but trade below the C$8.50 deal price. The company raised its 2026 revenue midpoint 79% to C$305 million.
NIO Shares Drop Despite Record June Deliveries; Revenue Guidance in Focus
NIO shares fell despite record June deliveries as the miss on Q2 guidance raised concerns about revenue per delivery.
Snap Outperforms Nasdaq Despite Thin Volume; Revenue Mix in Focus
Snap shares climbed 1.9% to $4.84, its fifth straight gain, but trading volume was 18% below average. The market is now focusing on the company's diversifying revenue stream.
Oracle's AI Backlog Surpasses $638B, But Spending Outpaces Revenue
Oracle's AI backlog reaches $638 billion, exceeding Microsoft's, but its market cap is just one-seventh. Heavy capex plans raise questions about funding and revenue conversion.
AMD Shares Dip Despite Bullish Analyst Targets, Focus Shifts to CPU Revenue Potential
AMD shares slipped 3.5% despite bullish analyst targets, as the market weighs the potential of its server CPU business to support a near-trillion-dollar valuation.
Reddit Stock Surges $4.6B on AI Licensing Deal, Revenue Yet to Materialize
Reddit shares surged 13.7%, adding $4.6B in market cap on an AI licensing deal. Revenue from the deal is not yet booked, with ads still the main revenue driver.
Reddit Surges 14% on Short Interest Spike and Ad Revenue Growth
Reddit shares surged 14% Wednesday as short interest climbed and the company's ad revenue growth continues to improve.
Walmart's $42 Billion Market Cap Wipeout Raises Ad Revenue Questions
Walmart's stock tumbled 4.7%, wiping out $42 billion in market cap, as investors weigh the impact of its ad push against core retail headwinds.
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.
Circle Shares Tumble 15% as Open USD Stablecoin Threatens Revenue Model
Circle shares dropped 15% after Open Standard announced Open USD, a stablecoin with free minting and shared reserve earnings, challenging Circle's revenue model.
Nvidia Gains as Firmus Deal Reveals AI Compute Revenue Potential
Nvidia shares edged higher as a deal with Firmus Technologies highlighted robust AI compute demand, with six-year offtake commitments of $25-$30 billion.
Broadcom AI Revenue Surpasses Half of Forecast, Yet Shares Struggle in June
Broadcom's AI chip revenue is set to make up 54% of fiscal Q3 revenue, yet shares have fallen 20% in June due to margin worries.
IHG's Near-Record Buyback Shifts Focus to Revenue Growth
IHG's $34M buyback at near-record prices shrinks share count, putting emphasis on room and fee growth. Half-year results due August 11.
Take-Two Holds Steady as GTA 6 Preorders Begin, Analysts Eye Recurring Revenue
Take-Two shares closed nearly unchanged at $238.53 as GTA VI preorders began. Analysts raised price targets, focusing on GTA Online's recurring revenue potential.
BlackBerry Surges as QNX Revenue Soars 26%, AI Premium Drives $1B Market Cap Increase
BlackBerry's market cap jumped $1 billion after QNX revenue rose 26% and fiscal 2027 guidance increased. Analysts raised targets, citing faster operating leverage and AI potential.
Nano-X Imaging Plunges 45% After Withdrawing Revenue Forecast and Warning of Cash Shortfall
Nano-X Imaging shares plummeted 45% after withdrawing its 2026 revenue target and warning current cash is insufficient to fund operations for at least one year.
Qualcomm Stock Surges $16 Billion on Upbeat Data Center Revenue Forecast
Qualcomm shares jumped 7.6% to $212.34, adding $16 billion in market value after raising its fiscal 2029 data center revenue target to over $15 billion. The stock later gave back much of its early gains.
BlackBerry Stock Surges on QNX Revenue Boost and Upgraded Guidance
BlackBerry shares surged nearly 20% after Q1 revenue jumped 26% and the company raised its full-year guidance. QNX development-license revenue hit an eight-quarter high, signaling future royalty growth.
Micron's Record Revenue Propels Nasdaq Futures Higher Ahead of PCE Data
Nasdaq 100 futures rise 2.15% driven by Micron's strong earnings and AI chip demand. Markets eye PCE data and Q1 GDP for further direction.
SpaceX Starlink Launch Cadence Signals Revenue Strength as Short Interest Rises
SpaceX completed its 59th Starlink launch of 2026, adding 24 satellites. Short interest rose to 13% of free float as shares traded at $156.08, with Starlink revenue at $11.2B.
Oracle shares tumble as AI spending dwarfs cloud revenue
Oracle shares dropped 4.62% as fiscal 2026 capital expenditures of $55.7B more than tripled cloud-infrastructure revenue, while free cash flow turned negative and restructuring costs surged.
Qualcomm Targets $15B Data Center Revenue, Shares Surge 12%
Qualcomm shares surged over 12% after hours after setting a $15 billion fiscal 2029 data center revenue target, with Microsoft and Meta adopting its new AI chips.
Palantir Hits New 52-Week Low Despite AI Deal and Strong Revenue Growth
Palantir (PLTR) shares dropped to a 52-week low of $112.94, even after announcing an AI marketing deal with Zeta Global and reporting strong U.S. revenue growth.
IREN Shares Slide Amid Analyst Divide on AI Cloud Revenue Prospects
IREN shares dropped 3.78% to $54.72 as tech stocks fell on AI spending worries. Analysts remain split on the stock's outlook, with targets from $36 to $100.
Aurora Innovation Shares Fall Amid Cash Burn Concerns and Pilot Revenue
Aurora Innovation shares slid 2.1% to $6.42, landing between Uber's block sale price and a director's purchase level, as the autonomous truck developer reports $1 million in Q1 revenue and expects further capital raises.