Category: Latest News

HP Enterprise (NYSE:HPE) shares climbed 5% in Monday’s pre-market trading after Morgan Stanley upgraded the enterprise technology company from “Equalweight” to “Overweight,” citing an increasingly attractive outlook for earnings, cash generation and valuation. The investment bank set a $69 price target on HPE. Compared with Friday’s closing price of $53.22, that implies potential upside of…

Ceva, Inc. (NASDAQ:CEVA) shares fell 3.32% in pre-market trading on Monday despite the semiconductor intellectual property company reporting second-quarter earnings and revenue above Wall Street expectations. Adjusted earnings reached $0.08 per share, slightly ahead of the analyst consensus estimate of $0.07. Revenue came in at $29.0 million, exceeding expectations of $28.14 million and increasing 13%…

MarineMax Inc. (NYSE:HZO) shares soared more than 34% to around $47.80 in pre-market trading on Monday following a report that Safe Harbor Marinas, owned by Blackstone Infrastructure, is nearing an agreement to acquire the recreational boating company. According to Reuters, citing people familiar with the discussions, the proposed transaction would value MarineMax at approximately $1.5…

Monday.com (NASDAQ:MNDY) shares dropped 5.5% in pre-market trading after the work management software company reported better-than-expected second-quarter results but issued third-quarter revenue guidance below Wall Street forecasts. Adjusted earnings came in at $1.48 per share, significantly ahead of the analyst consensus estimate of $1.11. Revenue increased 22% year-on-year to $364.6 million, beating expectations of $355.53…

International Seaways, Inc. (NYSE:INSW) shares rose 2.26% on Monday after the tanker operator delivered second-quarter results comfortably ahead of Wall Street forecasts, supported by substantially stronger shipping rates and record profitability. Adjusted earnings reached $5.91 per share, exceeding the analyst consensus estimate of $5.52 by $0.39. Quarterly revenue surged to $467.29 million, well above the…

Sionna Therapeutics (NASDAQ:SION) shares plunged 92% on Monday after the biotechnology company reported disappointing results from its Phase 2a proof-of-concept study of SION-719 in cystic fibrosis. The PreciSION CF trial failed to achieve its key activity endpoint, which measured the reduction in sweat chloride when SION-719 was administered alongside the standard-of-care treatment Trikafta. The study…

Camtek Ltd. (NASDAQ:CAMT) shares climbed 3.64% in pre-market trading on Monday after the semiconductor equipment specialist reported better-than-expected second-quarter results and outlined expectations for a significant acceleration in growth during the remainder of 2026. The company generated adjusted earnings of $0.78 per share, coming in $0.03 above the Wall Street consensus forecast of $0.75. Revenue…

AbCellera (NASDAQ:ABCL) shares jumped 22% on Monday after the biotechnology company announced positive topline results from a Phase 2 clinical trial evaluating ABCL635 as a potential treatment for moderate-to-severe vasomotor symptoms associated with menopause. The study achieved its primary efficacy endpoints, demonstrating statistically significant reductions in both the frequency and severity of moderate-to-severe vasomotor symptoms…

Powerfleet Inc. (NASDAQ:AIOT) shares dropped 17.69% in pre-market trading on Monday after the company reported mixed fiscal first-quarter 2027 results, with earnings coming in ahead of expectations but revenue falling short of Wall Street forecasts. The connected-operations technology company posted an adjusted loss of $0.01 per share, slightly better than the analyst consensus for a…