Category: Latest News
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United Natural Foods Shares Drop After Revenue Miss and Softer Outlook Disappoint Investors (UNFI)
United Natural Foods Inc. (NYSE:UNFI) saw its shares fall more than 11% in premarket trading on Tuesday after reporting quarterly revenue below analyst expectations and issuing full-year guidance that came in slightly under Wall Street forecasts, despite delivering earnings in line with consensus estimates. For the 13-week period ended May 2, the grocery distributor generated…
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SailPoint Shares Slide After First-Quarter Earnings Fall Short of Expectations (SAIL)
SailPoint (NASDAQ:SAIL) reported fiscal first-quarter 2027 results that missed Wall Street profit forecasts, triggering a sharp sell-off in the company’s shares, which fell more than 15% in premarket trading on Tuesday. The cybersecurity specialist posted a loss of $0.13 per share, significantly below analyst expectations for earnings of $0.04 per share. Despite the earnings miss,…
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CoreWeave Explores European Bond Market as AI Infrastructure Funding Accelerates (CRWV)
CoreWeave Inc. (NASDAQ:CRWV) is engaging with European high-yield investors as it considers new financing options that could include both U.S. dollar- and euro-denominated bond offerings, according to a Bloomberg report published on Tuesday. The report, citing sources familiar with the matter, said the AI infrastructure company has appointed JP Morgan Chase & Co. to organize…
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AST SpaceMobile Advances Satellite Network Expansion as BlueBird Launch Date Confirmed (ASTS)
AST SpaceMobile (NASDAQ:ASTS) shares gained 5% after the company confirmed a June 17, 2026 launch date for its BlueBird 8, BlueBird 9 and BlueBird 10 satellites. The mission is scheduled to lift off from Cape Canaveral, Florida, aboard a Falcon 9 rocket. Launch is currently targeted for 2:39 a.m. EDT, with additional launch windows available…
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Oil-Dri Delivers Record Third-Quarter Revenue and Tops Market Forecasts (ODC)
Oil-Dri Corporation of America (NYSE:ODC) reported third-quarter results on Tuesday that came in ahead of expectations, posting adjusted earnings per share of $1.00 on revenue of $126.3 million. Sales increased 9% from $115.5 million recorded in the same quarter a year earlier. Investors responded positively to the results, with the company’s shares rising 1.92% in…
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FuelCell Energy Jumps After Canaccord Turns Bullish on Data Center Opportunity (FCEL)
FuelCell Energy (NASDAQ:FCEL) shares surged 10% on Tuesday after Canaccord analyst George Gianarikas upgraded the stock to Buy from Hold and lifted his price target to $30 from $12. The rating change reflects increasing confidence that FuelCell Energy will announce a significant data center-related contract before the end of its current fiscal year. Gianarikas suggested…
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Big Sky Industrial rebrand takes effect with new NASDAQ symbol
U.S. Energy Corp. officially rebranded today as Big Sky Industrial Inc., completing a corporate name change and adopting a new Nasdaq ticker symbol, BSIN, as part of a broader effort to align its public identity with its long-term operational strategy. The changes, effective June 8, 2026, mark a pivotal step for the Houston-based company as it intensifies…
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U.S. Container Imports Climb in May as China Shipments Rebound
Container import volumes entering the United States rose 11.5% year-over-year in May, supported by a recovery in cargo shipments from China following several months of softer activity, according to data released Tuesday by supply chain technology company Descartes Systems Group. During the month, U.S. ports handled 2,428,758 twenty-foot equivalent units (TEUs), the standard industry measure…
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Mission Produce Shares Slide After Quarterly Results Miss Forecasts (AVO)
Mission Produce Inc. (NASDAQ:AVO) reported second-quarter earnings on Monday that came in below analyst expectations, prompting a decline in the company’s shares in premarket trading. The avocado supplier’s stock fell 4.15% before the opening bell after the company released its results for the quarter ended April 30, 2026. Adjusted earnings per share totaled $0.01, falling…
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VinFast Posts Wider First-Quarter Loss as Revenue and Deliveries Miss Expectations (VFS)
VinFast Auto Ltd. (NASDAQ:VFS) reported first-quarter results on Monday that came in below Wall Street forecasts, with the electric vehicle manufacturer posting a loss of -$0.48 per share, compared with analyst expectations of a -$0.28 per-share loss. Despite the earnings miss, the company’s shares rose 0.98% in premarket trading following the release of the results.…