Category: Latest News

  • Citigroup Q4 Profit Weighed by Russia Exit Charge, Beats Estimates on Underlying Basis

    Citigroup Q4 Profit Weighed by Russia Exit Charge, Beats Estimates on Underlying Basis

    Citigroup (NYSE:C) reported a mixed set of fourth-quarter results, with earnings exceeding expectations once a Russia-related charge is stripped out, while headline revenue came in below forecasts. Citi shares rose about 0.6% in premarket trading. The stock gained 65.8% over the course of 2025. For the three months ended December, the bank posted net income…

  • High Roller Technologies Shares Skyrocket After Crypto.com Deal

    High Roller Technologies Shares Skyrocket After Crypto.com Deal

    High Roller Technologies, Inc. (AMEX:ROLR) shares jumped about 150% after the company revealed a strategic partnership with Crypto.com aimed at expanding into the U.S. prediction markets arena. The Las Vegas-based online gaming group said it has signed a binding letter of intent with Crypto.com | Derivatives North America (CDNA) to develop and launch an event-driven…

  • Trip.com Shares Slide as China Opens Antitrust Probe

    Trip.com Shares Slide as China Opens Antitrust Probe

    Trip.com (NASDAQ:TCOM) shares dropped 13% on Wednesday morning after the Chinese online travel group said it is being investigated by the country’s market regulator over possible monopoly practices. The company disclosed that it has received a formal notice from the State Administration for Market Regulation (SAMR) of the People’s Republic of China confirming that an…

  • Infosys Raises FY26 Revenue Growth Outlook Following Solid Q3 Performance

    Infosys Raises FY26 Revenue Growth Outlook Following Solid Q3 Performance

    Infosys (NYSE:INFY) lifted its full-year revenue growth guidance after delivering better-than-expected third-quarter results, underpinned by broad-based sequential growth, strong large-deal activity and signs of improving client demand, analysts said. The IT services group reported third-quarter revenue of $5.1 billion, representing sequential constant-currency growth of 0.6%, alongside an adjusted operating margin of 21.2%. Total contract value…

  • United Community Banks Shares Slide Nearly 7% as Rising Charge-Offs Dampen Q4 Results

    United Community Banks Shares Slide Nearly 7% as Rising Charge-Offs Dampen Q4 Results

    United Community Banks, Inc. (NYSE:UCB) reported fourth-quarter results on Wednesday that showed stronger-than-expected revenue but a notable rise in net charge-offs, prompting a sharp pullback in its shares. The regional lender’s stock fell 6.83% in pre-market trading following the announcement. On an operating basis, the bank posted fourth-quarter earnings per share of $0.71, matching analyst…

  • BriaCell Therapeutics Shares Sink After $30 Million Capital Raise

    BriaCell Therapeutics Shares Sink After $30 Million Capital Raise

    BriaCell Therapeutics Corp. (NASDAQ:BCTX) saw its shares plunge 55% in pre-market trading on Wednesday after the clinical-stage biotech company unveiled the pricing of a $30 million public offering. The cancer immunotherapy developer’s stock traded at $4.97 before the open, sharply lower than Tuesday’s closing price of $10.92. The offering was priced at $5.59 per unit,…

  • Horizon Aircraft Posts Q2 Loss While Pushing Ahead With eVTOL Program

    Horizon Aircraft Posts Q2 Loss While Pushing Ahead With eVTOL Program

    New Horizon Aircraft Ltd. (NASDAQ:HOVR) reported a fiscal second-quarter 2026 loss of $0.21 per share on Wednesday as it continues to invest in the development of its hybrid-electric vertical takeoff and landing (VTOL) aircraft. The company’s shares edged up 0.50% following the update. The aerospace developer said it is making solid progress toward assembling its…

  • CleanSpark Shares Climb After Expanding Texas Presence for AI Data Centers

    CleanSpark Shares Climb After Expanding Texas Presence for AI Data Centers

    Shares of CleanSpark, Inc. (NASDAQ:CLSK) rose 3.5% on Wednesday morning after the company unveiled a major land purchase in Texas aimed at supporting its push into artificial intelligence and high-performance computing infrastructure. The bitcoin miner said it has signed a definitive agreement to acquire up to 447 acres in Brazoria County, Texas, together with a…

  • Concrete Pumping Holdings Tops Q4 Forecasts, Shares Slide on Cautious Outlook

    Concrete Pumping Holdings Tops Q4 Forecasts, Shares Slide on Cautious Outlook

    Concrete Pumping Holdings, Inc. (NASDAQ:BBCP) delivered fourth-quarter results on Wednesday that comfortably beat analyst expectations, but its shares fell 5.3% as investors focused on the company’s guarded outlook for fiscal 2026. The concrete pumping services group reported adjusted earnings of $0.09 per share for the quarter, well ahead of the consensus forecast for a loss…

  • Rocky Mountain Chocolate Factory Shares Slide 2% After Q3 Results Come in Below Forecasts

    Rocky Mountain Chocolate Factory Shares Slide 2% After Q3 Results Come in Below Forecasts

    Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF) posted a smaller loss for its third quarter, reflecting early progress from its margin-focused turnaround, but the results still fell short of market expectations. Shares of the chocolate maker and franchiser dropped 2.34% in pre-market trading following the announcement. For the fiscal third quarter ended November 30, 2025, the…