Category: Latest News

An increasing number of publicly traded companies have added Bitcoin (COIN:BTCUSD) to their balance sheets, but Standard Chartered is cautioning that volatility in the cryptocurrency’s price could soon trigger forced liquidations if market conditions worsen. In a report released Tuesday, Geoff Kendrick, the bank’s lead digital assets analyst, points to a critical threshold: a 22%…

Joby Aviation, Inc. (NYSE:JOBY) saw its stock rise by 8% following news of a Memorandum of Understanding (MoU) signed with Abdul Latif Jameel to explore opportunities for Joby’s electric aircraft in Saudi Arabia. Valued at approximately $1 billion, the agreement could result in the delivery of up to 200 electric aircraft along with associated services…

Shares of Dell Technologies (NYSE:DELL) fell following reports that the U.S. General Services Administration (GSA) is reassessing federal technology expenditures and reaching out to vendors about possible cost reductions. However, Wells Fargo analysts argue that the market reaction is “overblown.” “Dell shares came under pressure today following reports that the Federal government (GSA) has contacted…

Dollar General (NYSE:DG) reported first-quarter net sales and earnings that exceeded Wall Street expectations, prompting the discount retailer to raise its full-year financial guidance despite ongoing uncertainties surrounding the impact of U.S. tariffs. Like many in the retail sector, Dollar General had initially taken a cautious stance on the coming months as companies try to…

Signet Jewelers (NYSE:SIG) saw its stock climb 7.9% in premarket trading on Tuesday after reporting first-quarter fiscal 2026 earnings that exceeded analyst expectations and raising its full-year outlook. The company posted adjusted earnings per share of $1.18, beating the analyst consensus of $1.03. Quarterly revenue reached $1.5 billion, slightly below the $1.52 billion forecast but…

Ferguson plc (NYSE:FERG) reported third-quarter results on Tuesday that surpassed expectations, prompting the company to lift its full-year forecast. The distributor of plumbing and heating products saw its shares climb 6.15% in pre-market trading after the announcement. For the quarter ending April 30, Ferguson delivered adjusted earnings per share of $2.50, outperforming analyst predictions of…

Constellation Energy Corp (NASDAQ:CEG) saw its shares surge over 14% in premarket trading on Tuesday after inking a major clean energy agreement with tech giant Meta Platforms Inc (NASDAQ:META). Under the terms of the newly announced 20-year pact, Meta will begin purchasing approximately 1.1 gigawatts of nuclear energy from Constellation’s Clinton Clean Energy Center in…

Donaldson Company, Inc. (NYSE:DCI), a global manufacturer of filtration solutions, delivered better-than-expected results for its fiscal third quarter on Tuesday and revised its earnings outlook upward for the full year. Still, shares edged 0.4% lower in premarket trading despite the upbeat report. The company reported adjusted earnings of $0.99 per share, exceeding Wall Street’s consensus…

Credo Technology Group Holding Ltd (NASDAQ:CRDO) saw its shares rally more than 14% in Tuesday’s premarket trading after the semiconductor company reported robust fourth-quarter earnings and issued a significantly higher-than-expected revenue forecast, fueled by booming demand in AI infrastructure. For the fiscal fourth quarter, Credo posted adjusted earnings of $0.35 per share, beating analyst projections…

Shares of Rio Tinto (NYSE:RIO) fell 2% in early U.S. trading Tuesday after Jefferies downgraded the mining giant from “Buy” to “Hold,” citing a more cautious outlook in light of evolving challenges and a shift in its risk-reward balance. The investment firm revised down its price targets across Rio Tinto’s global listings, cutting Rio Plc’s…