Category: Latest News
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Ferrari earnings miss expectations as outlook trails forecasts
Ferrari (NYSE:RACE) reported first-quarter results that fell short of analyst expectations and issued full-year guidance below consensus, sending its shares slightly lower in U.S. premarket trading. The luxury automaker posted earnings per share of €2.33, missing the €2.37 estimate, while revenue came in at €1.85 billion, slightly ahead of the €1.83 billion consensus and up…
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Coinbase shares rise after company announces workforce reduction
Coinbase Global Inc. (NASDAQ:COIN) saw its shares climb more than 4% in premarket trading Tuesday after unveiling a restructuring plan that includes a sizable reduction in headcount. The cryptocurrency exchange said it will cut around 700 jobs, representing roughly 14% of its global workforce as of May 1, 2026. According to the company, the move…
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Henry Schein tops expectations, but shares dip slightly after results
Henry Schein Inc. (NASDAQ:HSIC) reported first-quarter results on Tuesday that came in ahead of Wall Street estimates, although the stock slipped modestly in after-hours trading. The company’s shares edged down 0.10% following the release. The healthcare solutions provider posted adjusted earnings per share of $1.32, surpassing the analyst consensus of $1.21 by $0.11. Revenue totaled…
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Marathon Petroleum tops expectations as refining performance drives earnings
Marathon Petroleum Corp. (NYSE:MPC) delivered first-quarter results that exceeded analyst forecasts, posting adjusted earnings per share of $1.65 compared to estimates of $1.09, supported by stronger crack spreads and solid operational execution. Revenue came in at $34.57 billion, ahead of the $33.49 billion consensus and representing a notable improvement from the same period last year,…
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Fresh Del Monte stock slips after earnings fall short of expectations
On Tuesday, Fresh Del Monte Produce Inc. (NYSE:FDP) posted first-quarter results that came in below Wall Street forecasts, with adjusted earnings per share of $0.63 missing the analyst consensus of $0.82 by $0.19. Revenue totaled $1.04 billion, also trailing the $1.05 billion estimate and marking a 4.9% decline from $1.10 billion a year earlier. Shares…
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Investor Conference Presentations Scheduled as InterDigital (IDCC) Engages Market Through June
Upcoming appearances may provide insight into strategy, licensing trends, and technology positioning. InterDigital, Inc. (NASDAQ:IDCC) announced a series of investor conference presentations, with management scheduled to speak at four technology-focused events between May and June 2026. The appearances offer investors opportunities to hear updates on the company’s wireless, video, and AI technology initiatives. Key Investor…
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CFO Appointment Update as HydroGraph (HGRAF) Reinstates Interim Finance Chief
Leadership change comes as the company continues its search for a permanent CFO during a period of strategic execution. HydroGraph Clean Power Inc. (USOTC:HGRAF) announced a CFO appointment, naming Matt Anderson as Interim Chief Financial Officer and Corporate Secretary, effective immediately. The leadership update comes as the company continues executing its 2026 strategy while conducting…
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AI Cloud Acquisition Expands as IREN (IREN) Buys Mirantis to Boost Infrastructure Capabilities
The deal adds enterprise software and operational expertise to support scaling AI cloud deployments. IREN Limited (NASDAQ:IREN) announced an AI cloud acquisition with a definitive agreement to acquire Mirantis for approximately $625 million in stock. The move is aimed at strengthening IREN’s ability to deploy, manage, and support large-scale AI infrastructure as demand for cloud-based…
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PDUFA Decision Nears as Viridian Therapeutics (VRDN) Advances TED Pipeline and Reports Q1 Results
Regulatory milestones and late-stage clinical progress position the company ahead of a key FDA decision in June. Viridian Therapeutics, Inc. (NASDAQ:VRDN) reported first-quarter 2026 results alongside updates on its pipeline, with a PDUFA decision for veligrotug in thyroid eye disease (TED) set for June 30, 2026. The upcoming regulatory milestone is central for investors, as…
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First Seacoast Bancorp (FSEA) Merger Agreement Values Bank at $80.9M in All-Cash Deal
The transaction offers a fixed cash payout to shareholders and reflects ongoing consolidation in community banking. First Seacoast Bancorp, Inc. (NASDAQ:FSEA) announced a merger agreement with Cambridge Financial Group in an all-cash transaction valued at approximately $80.9 million. For investors, the deal provides a defined exit price while highlighting continued consolidation trends among regional banks.…