Category: Latest News

American Battery Technology Company (NASDAQ:ABAT) saw its stock sink 23% in pre-market trading Thursday after disclosing that the U.S. Department of Energy (DOE) has terminated a $57.7 million grant tied to its lithium hydroxide manufacturing project. The DOE ended the $115.5 million project grant — which included $57.7 million in federal funding — effective August…

Salesforce (NYSE:CRM) shares jumped 6.4% in pre-market trading Thursday after upbeat analyst reactions to the company’s Dreamforce conference and its first formal analyst day since 2022. Barclays said it “liked the message from Dreamforce and the analyst day,” noting that “to deliver enterprise AI, customers need more than just a powerful LLM and CRM showed…

Jack in the Box Inc. (NASDAQ:JACK) saw its stock climb 2% on Thursday after announcing a definitive agreement to sell its Del Taco Holdings subsidiary to Yadav Enterprises Inc. for $115 million in cash. The transaction, expected to close by January 2026, is part of the company’s “Jack on Track” strategic plan unveiled in April.…

Wipro Limited (NYSE:WIT) reported modest year-over-year profit growth for its second fiscal quarter ended September 30, 2025, but earnings per share came in below Wall Street expectations. Net income rose 1.2% YoY to $365.6 million, while EPS of $0.03 missed the analyst estimate of $0.04. Quarterly revenue reached $2.56 billion, roughly in line with the…

Dragonfly Energy Holdings Corp. (NASDAQ:DFLI) saw its stock drop 13% on Thursday after announcing the pricing of a $55.4 million public offering of common stock and pre-funded warrants. The company priced an underwritten public offering of 36 million shares of common stock at $1.35 per share, representing a steep discount to the previous day’s closing…

ManpowerGroup (NYSE:MAN) shares fell 2.68% in pre-market trading on Thursday after the company reported third-quarter results that showed a modest return to organic growth but lower profitability due to restructuring costs and currency headwinds. Revenue for the quarter ended September 30, 2025, came in at $4.6 billion, up 2% on a reported basis but down…

Charles Schwab (NYSE:SCHW) saw its stock climb about 3% in pre-market trading on Thursday after reporting third-quarter results that surpassed Wall Street expectations on both earnings and revenue. The brokerage firm posted earnings per share of $1.31, topping consensus estimates of $1.23. Revenue came in at $6.14 billion, up 27% year over year, beating forecasts…

Commercial Metals Company (NYSE:CMC) reported stronger-than-expected fourth-quarter results on Thursday, lifted by expanding steel product margins and record contributions from its Emerging Businesses Group. Shares climbed 2.21% in pre-market trading following the earnings release. The company posted adjusted earnings of $1.37 per share for the fiscal fourth quarter ended August 31, beating analyst estimates of…

Praxis Precision Medicines (NASDAQ:PRAX) saw its stock soar 100% on Thursday after announcing strong topline data from two pivotal Phase 3 studies of ulixacaltamide HCl, its investigational treatment for essential tremor. In the parallel-group study (Study 1), patients receiving ulixacaltamide showed a statistically significant mean improvement of 4.3 points from baseline in the Modified Activities…

The Travelers Companies (NYSE:TRV) reported third-quarter earnings on Thursday that significantly beat analyst expectations, but its stock fell 3.51% in pre-market trading as investors reacted to higher asbestos-related charges. The insurer posted adjusted earnings of $8.14 per share, well above the $6.15 consensus estimate. Revenue came in at $12.47 billion, topping forecasts of $11.75 billion.…