Author: Fiona Craig
-
SanDisk Shares Slip Despite Strong Q3 Outperformance Driven by Datacenter Demand
SanDisk (NASDAQ:SNDK) reported a sharp surge in third-quarter revenue on Thursday, significantly exceeding Wall Street expectations as demand for datacenter products and stronger pricing supported results. The company posted revenue of $5.95 billion for the quarter, marking a 251% increase from the same period last year and comfortably surpassing analyst forecasts of $4.73 billion. Shares…
-
Rivian Shares Decline Despite Q1 Beat and Expanded Georgia Plant Plans
Rivian (NASDAQ:RIVN) outlined its 2026 outlook on Thursday, forecasting annual vehicle deliveries of between 62,000 and 67,000 units. The electric vehicle maker expects adjusted EBITDA to come in between a loss of $2.10 billion and $1.80 billion, while capital expenditures are projected in the range of $1.95 billion to $2.05 billion. Q1 Results Top Expectations…
-
Oil Prices Climb as Iran Conflict Stalemate Persists
Oil prices moved higher on Friday as efforts to resolve the conflict with Iran remained deadlocked, with Tehran continuing to block the Strait of Hormuz while U.S. naval forces restrict Iranian crude exports. Brent crude futures for July gained 89 cents, or 0.8%, to $111.29 a barrel by 08:08 GMT. U.S. West Texas Intermediate futures…
-
Gold Prices Linger Near One-Month Lows Amid Iran Tensions and Rate Uncertainty
Gold prices declined in Asian trading on Friday, staying close to their lowest levels in a month as ongoing uncertainty סביב the Iran conflict and its implications for global interest rates weighed on sentiment in the metals market. Spot gold slipped 0.5% to $4,600.06 per ounce as of 06:17 GMT, while gold futures dropped 0.4%…
-
Wall Street Futures Edge Higher After Record Highs as Earnings and Iran Tensions Stay in Focus: Dow Jones, S&P, Nasdaq
U.S. stock futures moved slightly higher on Friday after the S&P 500 and Nasdaq Composite closed at fresh record highs in the previous session. Investors continued to weigh strong corporate earnings against ongoing geopolitical uncertainty linked to the Iran conflict. As of 07:25 GMT, S&P 500 futures were up 0.2% at 7,255.0 points, while Nasdaq…
-
Xeriant (XERI) Fire-Retardant Technology Demand Signals Expanding Commercial Interest
Growing multi-industry interest and upcoming certification testing highlight potential scaling opportunities for NEXBOARD™ platform. Xeriant, Inc. (USOTC:XERI) reported rising fire-retardant technology demand, with multiple manufacturers across industries expressing interest in integrating its proprietary materials—an update that may signal increasing commercial traction ahead of certification. Key Investor Takeaways Press Release Overview Xeriant announced it has received…
-
Medical Care Technologies (MDCE) Website Launch Highlights AI Strategy and Transparency Roadmap
New platform outlines near-term execution plans and long-term AI growth strategy across consumer and healthcare markets. Medical Care Technologies Inc. (USOTC:MDCE) announced a corporate website launch alongside expanded transparency initiatives, giving investors a clearer view of its AI-focused strategy, capital plans, and multi-phase growth roadmap. Key Investor Takeaways Press Release Overview Medical Care Technologies launched…
-
Kraig Biocraft (KBLB) Spider Silk Production Milestone Signals Progress Toward Commercialization
Record output and successful fiber processing highlight advancing scalability in spider silk commercialization efforts. Kraig Biocraft Laboratories (USOTC:KBLB) announced a major spider silk production milestone, producing approximately 1.8 metric tons of recombinant spider silk while also completing successful reeling operations—two critical steps that may bring the company closer to commercial-scale deployment. Key Investor Takeaways Press…
-
Bandwidth (BAND) Earnings Beat Drives Revenue Growth and Raised 2026 Outlook
Record revenue and rising guidance highlight accelerating demand for AI-driven communications infrastructure. Bandwidth (NASDAQ:BAND) reported an earnings beat and strong revenue growth for the first quarter of 2026, with results exceeding guidance and prompting the company to raise its full-year outlook—an update that signals strengthening momentum in AI-driven communications demand. Key Investor Takeaways Press Release…
-
Bristol Myers beats Q1 expectations and reaffirms full-year outlook
Bristol-Myers Squibb (NYSE:BMY) reported first-quarter results on Thursday that exceeded analyst forecasts, while maintaining its guidance for the full year. Earnings per share came in at $1.58, ahead of the $1.42 consensus estimate. Revenue totaled $11.49 billion, surpassing expectations of $10.92 billion and marking a 3% increase year-over-year, or 1% growth excluding currency effects. The…