Category: Latest News
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Powerfleet shares tumble 17% as revenue miss and weaker guidance overshadow earnings beat
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…
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SpaceX retail investors become net sellers for first time since IPO
Retail investors turned into net sellers of SpaceX (NASDAQ:SPCX) shares on Friday for the first time since Elon Musk’s space company completed its initial public offering in June, according to data from Vanda Research. Individual traders sold a net $4.5 million of SpaceX shares on August 7, representing the first day of negative retail flows…
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Entera Bio shares slip as Q2 loss comes in wider than expected
Entera Bio Ltd. (NASDAQ:ENTX) shares fell 1.05% in pre-market trading after the clinical-stage biotechnology company reported a larger-than-expected second-quarter loss as spending increased ahead of a pivotal trial for its oral osteoporosis treatment EB613. The company posted a loss of $0.14 per share for the quarter, compared with the analyst estimate for a loss of…
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Dole shares fall 5% after Q2 earnings and revenue miss expectations
Dole plc (NYSE:DOLE) shares dropped 5.35% in pre-market trading on Monday after the fresh produce group reported second-quarter earnings and revenue below Wall Street forecasts, as higher fruit sourcing and transportation costs weighed on profitability. For the quarter ended June 30, 2026, Dole recorded adjusted earnings per share of $0.46, falling short of the analyst…
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National Energy Services Reunited shares jump 10% after Q2 earnings beat
National Energy Services Reunited Corp. (NASDAQ:NESR) shares surged 10.27% in pre-market trading on Monday after the energy services company delivered second-quarter results comfortably ahead of Wall Street expectations. Adjusted earnings per share reached $0.44, beating the analyst consensus of $0.34 by $0.10, while revenue also came in significantly above market forecasts. Quarterly revenue climbed to…
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Dick’s Sporting Goods shares rise after Wells Fargo upgrade
Dick’s Sporting Goods (NASDAQ:DNTH) shares gained 2.4% in pre-market trading on Monday after Wells Fargo upgraded the sporting goods retailer to Overweight from Equal Weight and increased its price target to $240 from $220. The broker pointed to recent weakness in the share price as an attractive entry opportunity for investors, signalling greater confidence in…
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Walmart steps up collectibles push with expanded sports convention presence
Walmart Inc (NYSE:WMT) increased its presence at the 46th National Sports Collectors Convention near Chicago as the retail giant continues to develop its marketplace for trading cards, sports memorabilia and other collectibles, according to Mizuho analysts who attended the event. The five-day convention attracted more than 100,000 visitors last year, while early indications suggested attendance…
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Take-Two Interactive shares edge lower as investors reassess Q1 results and guidance
Take-Two Interactive Software Inc (NASDAQ:TTWO) shares slipped 0.7% in pre-market trading on Monday to $244.76 as investors continued to assess the video game publisher’s fiscal first-quarter 2027 results released on August 7. While the company exceeded expectations on several headline metrics, its near-term bookings outlook created concerns about the pace of revenue growth. The shares…
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Meta unveils Muse Glimmer as Zuckerberg backs stronger U.S. open-weight AI push
Meta (NASDAQ:META) launched a new open-weight artificial intelligence model on Monday as CEO Mark Zuckerberg called for the United States to reduce barriers facing domestic developers in order to compete more effectively with Chinese rivals. The new model, called Muse Glimmer, is considerably smaller than the flagship AI systems developed by leading competitors. Rather than…
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Five key market events investors should follow this week
U.S. inflation and retail sales figures are set to dominate the economic calendar this week as investors assess the health of the world’s largest economy against a backdrop of persistent uncertainty surrounding the Middle East conflict. Corporate earnings will also remain in focus, with Cisco Systems (NASDAQ:CSCO) among the most prominent companies scheduled to report…