Category: Latest News

  • Hain Celestial (HAIN) Shares Rally After Earnings Beat Despite Revenue Decline

    Hain Celestial (HAIN) Shares Rally After Earnings Beat Despite Revenue Decline

    The Hain Celestial Group, Inc. (NASDAQ:HAIN) shares surged more than 12% in premarket trading on Monday after the company reported fiscal third-quarter earnings that came in ahead of analyst expectations, despite weaker-than-expected revenue. The health and wellness food company posted an adjusted loss of $0.01 per share for the quarter ended March 31, 2026, outperforming…

  • Seadrill (SDRL) Shares Jump After Earnings Beat and Higher 2026 Guidance

    Seadrill (SDRL) Shares Jump After Earnings Beat and Higher 2026 Guidance

    Seadrill Limited (NYSE:SDRL) shares climbed more than 6% in premarket trading on Monday after the offshore drilling contractor reported first-quarter results that topped analyst expectations and raised its outlook for 2026. The company posted a quarterly loss of $0.11 per share, outperforming analyst forecasts for a loss of $0.28 per share. Revenue and EBITDA Beat…

  • IREN (IREN) Shares Slide After Announcement of $2 Billion Convertible Notes Offering

    IREN (IREN) Shares Slide After Announcement of $2 Billion Convertible Notes Offering

    IREN Limited (NASDAQ:IREN) shares fell 6% on Monday after the company announced plans to launch a $2 billion offering of convertible senior notes. The company said the proposed notes, due in 2033, will be offered privately to qualified institutional buyers. Company May Expand Offering by Additional $300 Million IREN also disclosed that it expects to…

  • monday.com (MNDY) Shares Surge After Earnings Beat and Upgraded Outlook

    monday.com (MNDY) Shares Surge After Earnings Beat and Upgraded Outlook

    monday.com Ltd. (NASDAQ:MNDY) shares soared more than 22% after the company reported first-quarter results that exceeded Wall Street expectations on earnings, revenue and forward guidance. The AI-focused work management platform posted adjusted earnings per share of $1.15, comfortably ahead of analyst forecasts of $0.95 per share. Revenue Growth and Profitability Impress Investors Quarterly revenue reached…

  • Rackspace Technology (RXT) Extends Rally as Short Covering Accelerates Gains

    Rackspace Technology (RXT) Extends Rally as Short Covering Accelerates Gains

    Rackspace Technology (NASDAQ:RXT) shares climbed as much as 10% on Monday morning, continuing the strong momentum seen after last week’s explosive rally. The stock surged 56% on Friday and has now gained more than 200% since the company released earnings and announced a strategic partnership with AMD on May 7. Short Covering Appears to Fuel…

  • ARKO Petroleum (APC) Beats Q1 Expectations and Reaffirms 2026 Outlook

    ARKO Petroleum (APC) Beats Q1 Expectations and Reaffirms 2026 Outlook

    ARKO Petroleum Corp. (NASDAQ:APC) reported first-quarter results on Monday that came in ahead of analyst expectations, supported by stronger profitability and improved performance across its operating divisions. Shares of the company were little changed in after-hours trading following the announcement. Earnings and EBITDA Improve Year-Over-Year The wholesale fuel distributor reported adjusted earnings per share of…

  • Gain Therapeutics (GANX) Shares Edge Higher After Narrower-Than-Expected Q1 Loss

    Gain Therapeutics (GANX) Shares Edge Higher After Narrower-Than-Expected Q1 Loss

    Gain Therapeutics, Inc. (NASDAQ:GANX) shares rose 3.4% in premarket trading on Monday after the biotechnology company reported first-quarter results that came in ahead of analyst expectations. The clinical-stage biotech group posted an adjusted quarterly loss of $0.13 per share for the period ended March 31, 2026, slightly better than the consensus forecast of a $0.14…

  • Babcock & Wilcox (BW) Shares Jump After Revenue and EBITDA Beat Expectations

    Babcock & Wilcox (BW) Shares Jump After Revenue and EBITDA Beat Expectations

    Babcock & Wilcox Enterprises, Inc. (NYSE:BW) shares surged more than 11% in premarket trading on Monday after the company reported first-quarter 2026 revenue and adjusted EBITDA ahead of market expectations. The stock rose 11.65% ahead of the opening bell despite the company posting a wider quarterly loss than analysts had forecast. Revenue Climbs Sharply as…

  • EchoStar (SATS) Reports Mixed First-Quarter Results as Subscriber Losses Persist

    EchoStar (SATS) Reports Mixed First-Quarter Results as Subscriber Losses Persist

    EchoStar Corporation (NASDAQ:SATS) reported mixed first-quarter earnings on Monday, with revenue slightly ahead of expectations while earnings missed analyst forecasts as the company continued to face pressure from declining subscriber numbers across several business segments. Shares of the satellite and wireless services provider rose 1.26% in premarket trading following the release. Revenue Tops Estimates but…

  • Micron (MU) Shares Climb on Samsung Strike Risks and Bullish Analyst Target

    Micron (MU) Shares Climb on Samsung Strike Risks and Bullish Analyst Target

    Micron Technology (NASDAQ:MU) shares jumped 5.75% on Monday as investors reacted to growing concerns over potential labor disruptions at Samsung Electronics and ongoing supply tightness in the memory chip market. The rally also followed a bullish call from Deutsche Bank, which assigned a $1,000 price target to Micron — matching the highest target currently on…