Category: Latest News

Fermi (NASDAQ:FRMI) reported a net loss of $189 million for the first quarter of 2026 as the company continued to invest heavily in infrastructure development and expansion projects. The quarterly loss amounted to $0.30 per diluted share. Fermi said the result was largely impacted by $134 million in non-cash share-based compensation expenses, along with a…

Versant Media Group (NASDAQ:VSNT) shares surged more than 8% in premarket trading Thursday after the company reported first-quarter results supported by strong platform growth and improving audience engagement. The media group posted adjusted earnings per share of $1.99 on revenue of $1.69 billion. Revenue declined 1.1% from $1.71 billion in the same period last year.…

Aveanna Healthcare Holdings (NASDAQ:AVAH) shares rose more than 5% in premarket trading Thursday after the company reported first-quarter results ahead of Wall Street expectations and increased its full-year outlook. The home healthcare provider posted adjusted earnings per share of $0.18 for the quarter, surpassing analyst forecasts of $0.13 by $0.05. Revenue totaled $647.9 million, beating…

Legence (NASDAQ:LGN) shares surged 9% in premarket trading after the company reported first-quarter results that topped analyst expectations and lifted its guidance for the full year. The company posted adjusted earnings per share of $0.13, exceeding Wall Street forecasts of $0.08 by $0.05. Revenue climbed to a record $1.04 billion, marking a 105% increase from…

Bullish (NYSE:BLSH) shares fell sharply in premarket trading Thursday after the company reported first-quarter results that missed Wall Street expectations on both earnings and revenue. The stock declined 6.48% before the opening bell following the release of the results. Company Posts Wider Quarterly Loss Bullish reported an adjusted loss per share of -$3.85 for the…

Polestar (NASDAQ:PSNY) said growing fuel costs linked to tensions in the Middle East are pushing more consumers toward electric vehicles, as drivers increasingly focus on the cost of gasoline rather than concerns about driving range. Speaking to CNBC’s “Squawk Box Europe,” chief executive Michael Lohscheller said consumer attitudes toward EVs are shifting as energy prices…

Prices for imported goods into the United States rose significantly in April, according to a report published Thursday by the U.S. Labor Department. The data showed import prices climbed 1.9% during the month after increasing by an upwardly revised 0.9% in March. Economists had forecast a 1.0% rise in import prices, compared with the originally…

Retail sales in the United States rose in April at a pace consistent with market forecasts, according to data released Thursday by the U.S. Commerce Department. The report showed retail sales increased 0.5% during the month after rising by a downwardly revised 1.6% in March. Economists had anticipated a 0.5% gain in April, following the…

New applications for unemployment benefits in the United States increased more sharply than expected in the week ending May 9, according to figures published Thursday by the U.S. Labor Department. Initial jobless claims rose to 211,000, up 12,000 from the previous week’s revised total of 199,000. Economists had projected claims would increase to 205,000, compared…