Category: Latest News
-
Texas A&M selects Dell Technologies to develop new AI supercomputing platform
The Texas A&M Engineering Experiment Station (TEES) has awarded Dell Technologies (NYSE:DELL) a contract to develop a new artificial intelligence and high-performance computing platform known as IGNITE, a project backed by funding from the State of Texas. The new infrastructure is expected to strengthen advanced research capabilities across multiple scientific, engineering and national security fields.…
-
Factorial Energy secures first commercial aerospace battery contract
Factorial Energy Inc. (NASDAQ:FAC) has received its first commercial order for battery cells in the aerospace industry, marking an important milestone as the company expands the application of its solid-state battery technology beyond the automotive sector. The order follows successful integration and flight testing of the company’s lithium-metal battery cells in an unmanned aircraft platform.…
-
C.H. Robinson shares slide after $604 million jury verdict in Texas lawsuit
C.H. Robinson Worldwide (NASDAQ:CHRW) shares fell around 4% in premarket trading on Friday after the logistics company disclosed that a Texas jury had issued an advisory verdict awarding $604 million in damages in a lawsuit stemming from a trucking accident. The potential financial liability weighed on investor sentiment, although the company said it intends to…
-
CN Railway beats second-quarter expectations and lifts 2026 outlook
Canadian National Railway Company (NYSE:CNI) reported stronger-than-expected second-quarter results on Friday, surpassing analyst forecasts for both earnings and revenue while raising its financial outlook for the remainder of 2026. Shares of the railway operator rose 0.97% in premarket trading following the release as investors welcomed the improved guidance and continued operational momentum. Earnings and revenue…
-
World Acceptance tops earnings forecasts despite softer-than-expected revenue
World Acceptance Corporation (NASDAQ:WRLD) reported first-quarter fiscal 2027 results on Friday that comfortably exceeded profit expectations, although quarterly revenue came in slightly below Wall Street forecasts. Shares of the consumer finance company rose 1.89% in premarket trading following the earnings release as investors focused on stronger profitability and improving credit quality. Earnings outperform despite revenue…
-
Canada Goose shares decline after analyst downgrades stock over tariff concerns
Canada Goose Holdings Inc. (NYSE:GOOS) shares slipped 2% on Friday after Williams Trading lowered its rating on the luxury outerwear maker to Sell from Hold, citing growing concerns that new U.S. tariffs on Canadian apparel could weigh on the company’s financial outlook. The brokerage also reduced its price target to Cdn$10.00 from Cdn$12.00 ahead of…
-
Intel earnings and lower oil prices lift hopes for Wall Street rebound: Dow Jones, S&P, Nasdaq, Futures
U.S. stock futures pointed to a firmer open on Friday as investors looked to recover from the previous session’s broad sell-off, with stronger-than-expected results from Intel and a sharp decline in oil prices helping improve market sentiment. The positive mood followed a difficult trading day in which technology stocks led the market lower amid renewed…
-
U.S. Memory Stock Pullback May Offer Investors a Fresh Buying Opportunity
Morgan Stanley believes the recent decline in U.S. memory stocks has created an attractive opportunity for investors, arguing that demand for data center memory continues to outpace supply despite mixed signals from other parts of the semiconductor market. The investment bank said the ongoing shortage of memory used in artificial intelligence infrastructure remains a key…
-
MannKind shares surge after FDA approves Furoscix ReadyFlow and company secures $50 million financing
MannKind Corporation (NASDAQ:MNKD) shares climbed around 6% on Friday after the biotechnology company announced U.S. Food and Drug Administration approval for its Furoscix ReadyFlow autoinjector and unveiled a $50 million private placement to strengthen its balance sheet. The regulatory approval and accompanying financing marked a significant milestone as MannKind prepares to launch the treatment in…
-
Noodles & Company shares jump after earnings beat and higher full-year guidance
Noodles & Company (NASDAQ:NDLS) shares climbed 5.02% in premarket trading on Friday after the restaurant chain delivered second-quarter results that comfortably exceeded Wall Street expectations, driven by strong comparable sales growth, improving margins and a stronger full-year outlook. The company also reported a sharp improvement in profitability as customer demand continued to strengthen across both…