Category: Latest News
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Best Buy shares climb after Q3 beat and upgraded full-year outlook
Best Buy (NYSE:BBY) traded more than 3% higher in Tuesday’s premarket session after the electronics retailer delivered stronger-than-anticipated fiscal third-quarter results for FY26 and raised its guidance for the year. The company posted earnings per share of $1.40, topping Wall Street’s $1.30 consensus estimate.Revenue also exceeded expectations, coming in at $9.67 billion versus the projected…
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Dick’s Sporting Goods falls as Q3 earnings miss estimates
Dick’s Sporting Goods Inc. (NYSE:DKS) shares slipped 5.8% in Tuesday’s premarket session after the retailer posted third-quarter results that came in below Wall Street expectations, even as it boosted its full-year forecast for its core DICK’S business. The company delivered adjusted earnings of $2.07 per share, well under the consensus estimate of $2.71, while revenue…
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Splash Beverage stock slides after unveiling THC drink joint venture
Splash Beverage Group Inc. (AMEX:SBEV) shares tumbled 12.7% in premarket trading on Tuesday after the company revealed a new joint venture aimed at entering the fast-growing hemp-derived THC beverage market. The agreement, struck with B.A.A.D Ventures LLC, gives Splash a 51% controlling stake in the newly formed venture, with B.A.A.D retaining the remaining 49%. The…
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Lunai Bioworks stock soars after securing first licensing deal for cancer therapy
Lunai Bioworks Inc. (NASDAQ:LNAI) jumped 19.7% in Tuesday’s premarket session after the AI-driven biotech firm announced it has received its first Letter of Intent for licensing its next-generation immune cell therapy. According to the company, its therapy produced complete regression of primary and metastatic pancreatic tumors in humanized preclinical studies, with no signs of return.…
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Tempest Therapeutics stock falls after $4.25 million direct offering
Tempest Therapeutics Inc. (NASDAQ:TPST) shares tumbled 12.9% in premarket trading on Tuesday after the biotech firm announced a registered direct offering aimed at raising roughly $4.25 million. The company said it has signed a definitive agreement with a single healthcare-focused institutional investor to issue 1,172,414 shares of common stock (or equivalent securities) at a price…
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ZenaTech stock rises as company opens Washington office to target defense contracts
ZenaTech Inc. (NASDAQ:ZENA) shares climbed 2.4% in Tuesday’s premarket session after the AI-driven drone and tech solutions firm announced the opening of a new office in the Washington, D.C. metro area, a move designed to deepen engagement with federal agencies and expand its presence in the U.S. defense sector. The new location in Manassas, Virginia…
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Barnes & Noble Education stock soars after completing internal probe
Barnes & Noble Education (NYSE:BNED) shares surged 23% on Tuesday after the company announced it has wrapped up an internal investigation and released preliminary financial results for fiscal 2025 as well as the first half of fiscal 2026. The company said the internal review uncovered that a former employee had improperly lowered cost of sales…
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reAlpha Tech stock jumps after acquiring digital homebuying platform Prevu
reAlpha Tech Corp. (NASDAQ:AIRE) saw its shares climb 5% in premarket trading on Tuesday after the AI-driven real estate technology firm announced the purchase of Prevu Inc., a digital homebuying platform that also operates a licensed brokerage across 12 states and Washington, D.C. The deal significantly broadens reAlpha’s real estate licensing footprint, adding 11 new…
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Klarna launches stablecoin as digital payments reach $27 trillion annually
Klarna (NYSE:KLAR) has unveiled its first stablecoin, KlarnaUSD, marking a major strategic shift for the payments giant whose CEO had long been an outspoken critic of cryptocurrencies. The announcement arrives as McKinsey estimates that annual stablecoin settlement volumes have climbed to $27 trillion, underscoring the growing importance of blockchain-based payments. The Swedish fintech becomes the…
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mF International stock drops following CEO departure and new executive appointment
mF International Limited (NASDAQ:MFI) slipped 5.5% in premarket trading on Tuesday after announcing a major leadership shake-up, including the resignation of CEO Haoyu Wang. The company said that Dawei Yuan — an entrepreneur known for his work in blockchain infrastructure — has been named the new Chief Executive Officer and Chairman of the Board, effective…