Category: Latest News

CrowdStrike (NASDAQ:CRWD) announced the launch of Project QuiltWorks, a new coalition bringing together technology and consulting firms to address vulnerabilities in production code identified by artificial intelligence models. The initiative includes partners such as Accenture, Ernst & Young, IBM Cybersecurity Services, Kroll, and OpenAI. The coalition leverages AI systems from OpenAI and Anthropic to detect…

Auddia (NASDAQ:AUUD) announced that the U.S. Patent and Trademark Office has granted approval for LT350’s 14th patent, further strengthening the intellectual property behind its distributed AI infrastructure platform. The newly approved patent enhances LT350’s proprietary canopy-based deployment model, which allows high-density AI computing systems to be installed in unused airspace above existing parking facilities. Expanding…

Iridium Communications Inc. (NASDAQ:IRDM) reported first-quarter results on Thursday that fell short of profit expectations, even as revenue edged past analyst forecasts, sending shares lower in premarket trading. The stock dropped 5.22% following the announcement. Earnings disappoint despite modest revenue growth The satellite communications company posted adjusted earnings per share of $0.20, missing the consensus…

Mobileye Global Inc. (NASDAQ:MBLY) reported first-quarter results that surpassed Wall Street expectations and lifted its full-year revenue guidance, driving shares up 12%. Strong earnings and revenue growth The autonomous driving technology firm posted adjusted earnings per share of $0.12, exceeding the consensus estimate of $0.09 by $0.03. Revenue came in at $558 million, ahead of…

American Airlines Group Inc. (NASDAQ:AAL) reported a first-quarter loss that came in better than Wall Street expectations, while revenue exceeded forecasts, although shares slipped 1.2% in premarket trading following the release. Loss narrows, revenue hits record The airline posted an adjusted loss of $0.40 per share, outperforming the consensus estimate of a $0.47 loss. Revenue…

Popular, Inc. (NASDAQ:BPOP) reported first-quarter 2026 results on Thursday that topped profit expectations, although revenue came in below forecasts. Shares gained 2.39% following the announcement. Strong earnings growth The bank posted earnings per share of $3.78, exceeding the analyst consensus of $3.31. Net income totaled $245.7 million for the quarter ended March 31, 2026, rising…

Old Republic International Corporation (NYSE:ORI) reported first-quarter results that came in below Wall Street expectations, with both profit and revenue missing analyst forecasts. Shares slipped 1.21% in premarket trading following the release. Earnings and revenue fall short The specialty insurer posted adjusted earnings per share of $0.68, falling short of the consensus estimate of $0.80…

Ardagh Metal Packaging S.A. (NYSE:AMBP) reported first-quarter results on Thursday that came in ahead of analyst expectations, sending its shares higher in premarket trading. The stock gained 3.77% following the release. Profit and revenue exceed forecasts The company posted adjusted earnings per share of $0.05, surpassing the analyst estimate of $0.03. Revenue totaled $1.5 billion,…

Super Micro Computer (NASDAQ:SMCI) shares fell 10% on Thursday following reports that the company lost a sizable contract with Oracle involving Nvidia (NASDAQ:NVDA) GB300 NVL72 server racks. Contract cancellation worth over $1 billion According to Bluefin Research, Oracle canceled between 300 and 400 racks previously ordered from Super Micro, with each unit valued at roughly…

Avis Budget Group (NASDAQ:CAR) shares dropped 9% on Thursday, extending a sharp selloff after plunging 38% in the previous session, as momentum from a recent short squeeze began to fade and JPMorgan downgraded the stock. JPMorgan downgrade despite higher price target Analyst Ryan Brinkman lowered his rating on Avis Budget from Neutral to Underweight, while…