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Netflix expands buyback program by $25 billion, shares edge higher
Netflix Inc (NASDAQ:NFLX) said on Thursday that its board has approved an additional $25 billion share repurchase program, boosting its ongoing capital return efforts. As of March 31, the streaming giant still had around $6.8 billion remaining under its previous buyback authorization announced in December 2024. Following the news, Netflix shares rose about 1.3% in…
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Thermo Fisher dips in premarket despite Q1 earnings beat
Thermo Fisher Scientific (NYSE:TMO) shares moved lower in premarket trading, even after the company reported first-quarter results that exceeded analyst expectations on both earnings and revenue. The company posted earnings per share of $5.44, above the consensus forecast of $5.25, while revenue increased 6% year-on-year to $11.01 billion, beating estimates of $10.87 billion. Profit growth…
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Dow tops Q1 expectations despite revenue drop
Dow Inc. (NYSE:DOW) reported first-quarter results on Thursday that came in ahead of analyst forecasts, even as the chemicals group posted a net loss amid a difficult market backdrop and disruptions linked to the Middle East conflict. Shares of the company slipped 1.06% in premarket trading following the release. The company recorded an adjusted loss…
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Lululemon shares fall after hiring ex-Nike executive Heidi O’Neill as CEO
Lululemon Athletica (NASDAQ:LULU) stock dropped करीब 4% in premarket trading on Thursday after the company announced the appointment of Heidi O’Neill as its next Chief Executive Officer. O’Neill is set to take over the CEO position and join the board on September 8, 2026. Her appointment follows an extensive search process after the previous CEO…
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Rocket Lab completes second dedicated mission for Japan’s space agency
Rocket Lab Corporation (NASDAQ:RKLB) carried out its second dedicated launch for the Japan Aerospace Exploration Agency on April 23, successfully placing eight spacecraft into orbit from its launch site in New Zealand. The mission, named “Kakushin Rising,” lifted off at 3:09 p.m. local time from Rocket Lab Launch Complex 1. It transported a range of…
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The “Picks and Shovels” of the Sky: Analyzing Mobix Labs’ Push into the Drone Market
As the Unmanned Aerial Systems (UAS) sector transitions from a niche defense vertical into a projected multi-billion-dollar global industry, Mobix Labs (NASDAQ:MOBX) is positioning itself as a central infrastructure player. Following a strategic update on March 31, 2026, the fabless semiconductor company has signaled a sharpened focus on the drone market, fueled by a calculated…
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One of the biggest opportunities in strategic minerals most investors don’t know about
What if one of the biggest opportunities in critical minerals isn’t lithium, copper, or uranium — but a metal most investors still barely talk about? Scandium is used to strengthen aluminum alloys, with potential applications across transportation, aerospace, and other industries where lighter, stronger materials can make a real difference. And while global supply today…
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IBM beats Q1 expectations, but shares fall on softer software momentum
Technology group IBM (NYSE:IBM) reported first-quarter results that exceeded market expectations on Wednesday, with revenue rising 6% at constant currency. Despite the solid performance, the company’s shares dropped more than 7% in premarket trading on Thursday, with analysts pointing to weaker-than-expected growth in the software division as a key concern. Revenue tops forecasts as infrastructure…
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Tesla shares turn lower as higher capex overshadows Q1 beat
Tesla (NASDAQ:TSLA) stock fell in premarket trading on Thursday after the company significantly increased its capital expenditure plans to above $25 billion for the year, as it accelerates its shift toward artificial intelligence and robotics. The electric vehicle maker’s shares had initially moved higher in after-hours trading following its earnings release but reversed direction after…
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STMicroelectronics tops Q1 forecasts, targets $1 billion in AI revenue by 2027
STMicroelectronics (NYSE:STM) reported first-quarter results above expectations on Thursday, supported by solid demand across personal electronics, computing devices, peripherals, and the ongoing expansion of AI infrastructure. The semiconductor group posted revenue of $3.10 billion, marking a 23% increase year-on-year and exceeding both its own guidance of about $3.04 billion and analyst forecasts of $3.06 billion.…