Category: Latest News
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Brinker International shares dip after earnings miss despite strong 2027 guidance
Brinker International, Inc. (NYSE:EAT) shares fell 1.98% in premarket trading after the parent company of Chili’s Grill & Bar and Maggiano’s Little Italy reported fiscal fourth-quarter earnings slightly below Wall Street expectations, although its outlook for fiscal 2027 came in well ahead of forecasts. Adjusted earnings per share reached $3.07 for the quarter ended June…
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Definium Therapeutics shares surge after positive Phase 3 anxiety trial results
Definium Therapeutics (NASDAQ:DFTX) shares jumped 20% in premarket trading on Wednesday after the company announced positive topline results from its Phase 3 Voyage study evaluating DT120 ODT in patients with generalised anxiety disorder. The trial achieved its primary endpoint as well as all key secondary efficacy endpoints, providing another positive late-stage clinical result for the…
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Unicycive Therapeutics shares rise after second-quarter loss beats forecasts
Unicycive Therapeutics, Inc. (NASDAQ:UNCY) shares gained 2.00% in premarket trading on Wednesday after the clinical-stage biotechnology company reported a second-quarter loss that was considerably narrower than Wall Street expected. The company posted a loss of $0.06 per share for the quarter, compared with the analyst consensus forecast for a loss of $0.48 per share. Unicycive,…
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Local Bounti shares fall after second-quarter revenue misses forecasts
Local Bounti Corporation (NYSE:LOCL) shares fell 4.76% in premarket trading after the indoor agriculture company reported second-quarter revenue and adjusted earnings below Wall Street expectations, despite delivering year-on-year sales growth and reducing its losses. Revenue reached $13.9 million, well below the analyst consensus estimate of $22 million. The company reported an adjusted loss of $0.68…
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Madison Square Garden Entertainment shares rise after Q4 results beat forecasts
Madison Square Garden Entertainment Corp. (NYSE:MSGE) shares gained 3.31% in premarket trading on Wednesday after the live entertainment company reported fiscal fourth-quarter earnings and revenue above Wall Street expectations. The company posted a quarterly loss of $0.21 per share, considerably narrower than the analyst consensus forecast for a loss of $0.58 per share. Revenue climbed…
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Annexon shares fall as second-quarter loss exceeds Wall Street forecasts
Annexon, Inc. (NASDAQ:ANNX) shares declined 6.37% in premarket trading on Wednesday after the biopharmaceutical company reported a wider-than-expected second-quarter loss as spending increased across its late-stage clinical programmes. For the quarter ended June 30, Annexon recorded a loss of $0.28 per share, compared with the Wall Street consensus estimate for a loss of $0.24 per…
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BETA Technologies shares fall after wider-than-expected second-quarter loss
BETA Technologies, Inc. (NYSE:BETA) shares fell 4.47% in premarket trading on Wednesday after the aerospace and defence company reported a second-quarter loss that was wider than Wall Street had anticipated. For the quarter ended June 30, 2026, BETA posted an adjusted loss of $0.64 per share, compared with the analyst consensus for a loss of…
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Boyd Group Services misses Q2 forecasts despite strong revenue and EBITDA growth
Boyd Group Services Inc. (NYSE:BGSI) reported second-quarter earnings and revenue below Wall Street expectations on Wednesday, despite delivering substantial year-on-year growth and surpassing $1 billion in quarterly revenue for the first time. Adjusted earnings per share came in at $0.80, missing the consensus estimate of $0.99 by $0.19. Revenue reached $1.01 billion, below the $1.03…
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Lockheed Martin demonstrates AI-powered drone detection system using 5G networks
Lockheed Martin (NYSE:LMT), Verizon (NYSE:VZ), Keysight Technologies (NYSE:KEYS), ODC and Astris AI completed a live demonstration of the NetSense Airspace Awareness-as-a-Service platform in the Miami area in July, showcasing technology designed to detect and monitor drones using existing 5G infrastructure. The system combines Verizon’s 5G network spectrum with ODC’s AI-native Radio Access Network software, Nvidia’s…
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Reed’s shares rise as cost improvements offset weaker second-quarter revenue
Reed’s Inc. (AMEX:REED) shares gained 6.88% in premarket trading on Wednesday despite the beverage company reporting second-quarter revenue and adjusted earnings below Wall Street expectations, as investors focused on improving margins and lower operating costs. Revenue fell 21% year on year to $7.5 million from $9.5 million, missing the analyst consensus estimate of $9.62 million.…