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Rockwell Medical tops earnings forecasts but shares slip on revenue decline
Rockwell Medical, Inc. (NASDAQ:RMTI) reported fourth-quarter results on Thursday that exceeded analyst expectations. Despite the earnings beat, the company’s shares fell 1.92% in pre-market trading after the announcement, as investors reacted to a sharp year-over-year drop in revenue. The hemodialysis products manufacturer posted adjusted earnings per share of $0.02 for the quarter, surpassing the analyst…
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IBM quantum system models magnetic materials with results matching lab experiments
IBM (NYSE:IBM) said its quantum computer has successfully simulated the behavior of real magnetic materials, producing results that align with neutron scattering experiments carried out at U.S. national laboratories. The research was conducted by scientists from the Department of Energy-funded Quantum Science Center at Oak Ridge National Laboratory together with researchers from Purdue University, the…
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Super Micro hit with shareholder lawsuit over alleged China export violations
Super Micro Computer (NASDAQ:SMCI) is facing a proposed class action lawsuit filed Wednesday in California by shareholders who allege the company failed to disclose violations of U.S. export rules tied to sales involving China. According to the complaint, investors claim the server manufacturer overstated its share price by not revealing that a significant portion of…
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Pony AI shares climb after earnings beat and strong robotaxi growth
Pony AI Inc. (NASDAQ:PONY) reported fourth-quarter results on Thursday that topped analyst forecasts, posting adjusted earnings per share of $0.12 and revenue of $29.1 million. The company also unveiled a strategic agreement to introduce what it described as the first commercial robotaxi service in Europe, with operations set to begin soon in Zagreb. Shares of…
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Clarivate publishes AI50 list highlighting leading AI innovators
Clarivate Plc (NYSE:CLVT) has introduced its AI50 benchmark, a ranking that highlights 50 organizations recognized for their leadership in artificial intelligence innovation based on an analysis of global patent data. The list features major technology companies including NVIDIA, Micron Technology, Alphabet, Qualcomm and Foxconn. Clarivate noted that more than half of the organizations included in…
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Accenture unveils Cyber.AI platform built on Anthropic’s Claude model
Accenture (NYSE:ACN) has introduced Cyber.AI, a new cybersecurity platform powered by Anthropic’s Claude artificial intelligence model, the company said in a press release. The tool is designed to help organizations shift from traditional human-paced responses to always-on, AI-driven security operations. Cyber.AI integrates Accenture’s proprietary library of autonomous agents with the reasoning capabilities of Claude. Within…
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Gold retreats as investors weigh mixed signals on U.S.-Iran de-escalation
Gold prices declined during Asian trading on Thursday as markets assessed conflicting developments surrounding the Iran conflict, while a stronger U.S. dollar reduced the appeal of bullion. By 03:00 ET (07:00 GMT), spot gold had fallen 1.1% to $4,457.06 an ounce. U.S. gold futures dropped 2.2% to $4,485.10. The precious metal had recovered earlier in…
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Oil rises as Iran weighs U.S. proposal aimed at ending conflict
Oil prices moved higher on Thursday as markets reacted to mixed signals about possible de-escalation in the Middle East, while Iran considered a U.S. proposal intended to bring the war to an end. By 05:33 ET (09:33 GMT), Brent crude futures for May delivery, the global benchmark, had gained 4.0% to $106.34 per barrel. U.S.…
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Futures slip while oil holds above $100 as markets track Iran conflict developments: Dow Jones, S&P, Nasdaq, Wall Street
U.S. equity futures pointed lower on Thursday as investors sifted through a wave of reports about possible negotiations aimed at ending the Iran conflict. Oil prices remained above $100 per barrel, the U.S. dollar strengthened slightly and gold prices moved lower. Meanwhile, Jefferies Financial (NYSE:JEF) reported first-quarter results that were weighed down by losses tied…
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Markets in Motion: gold sentiment hits extremes as energy sets up
Key Takeaways Gold weakness may be signalling a turning point Markets remain volatile as geopolitical tensions continue to drive sharp moves across commodities, particularly gold and silver. In this week’s Markets in Motion, Bruce Campbell highlights a notable shift in gold sentiment, with multiple indicators approaching levels that have historically aligned with market bottoms. Data…