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Software stocks extend rebound as ServiceNow and Salesforce move higher
Investors return to software sector after prolonged weakness U.S. software stocks continued to recover in premarket trading on Tuesday, adding to recent gains as investors reassess the outlook for enterprise software companies following months of pressure on the sector. Concerns had grown in recent months that artificial intelligence could weaken the business models of traditional…
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MakeMyTrip shares slide after revenue misses expectations despite earnings beat (MMYT)
Quarterly revenue falls short as travel disruptions weigh on growth MakeMyTrip Limited (NASDAQ:MMYT) reported mixed fourth-quarter fiscal 2026 results on Tuesday, with earnings surpassing analyst expectations while revenue came in below forecasts. Shares of the online travel platform dropped 6.2% in premarket trading following the release. The company posted adjusted earnings of $0.32 per share,…
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Radcom shares decline despite earnings beat and solid revenue growth (RDCM)
Revenue misses expectations as shares move lower RADCOM Ltd. (NASDAQ:RDCM) reported mixed first-quarter results on Tuesday, with adjusted earnings coming in ahead of analyst forecasts while revenue slightly missed expectations. Shares of the intelligent network assurance solutions provider fell 4.29% in premarket trading following the release. The company posted adjusted earnings of $0.28 per share…
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Antalpha shares rise despite earnings miss and weak second-quarter outlook (ANTA)
Revenue growth and profitability improvements support shares Antalpha Platform Holding Company (NASDAQ:ANTA) reported first-quarter results on Tuesday that fell short of analyst expectations, while also issuing second-quarter guidance well below market forecasts. Despite the weaker outlook, shares of the digital asset infrastructure platform rose 3.34% in premarket trading following the announcement. The company posted adjusted…
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Eltek shares drop after first-quarter loss and revenue decline (ELTK)
Currency pressures and softer sales weigh on quarterly results Eltek Ltd. (NASDAQ:ELTK) shares fell 6.8% in premarket trading Tuesday after the printed circuit board manufacturer reported a first-quarter loss alongside weaker revenue and unfavorable currency movements. For the quarter ended March 31, 2026, the company posted a net loss of $2.9 million, or $0.42 per…
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Relay Therapeutics shares jump after positive vascular anomalies trial results (RLAY)
Early Phase 2 data highlight promising efficacy and safety profile Relay Therapeutics Inc. (NASDAQ:RLAY) shares climbed 15% on Tuesday after the company released initial clinical results from its Phase 2 ReInspire study, showing that zovegalisib demonstrated encouraging safety and efficacy in patients with PIK3CA-driven vascular anomalies. The company reported a 60% volumetric response rate across…
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Gilat shares rise after Boeing selects Sidewinder antenna for in-flight connectivity program (GILT)
Boeing partnership supports rollout of integrated airline connectivity systems Gilat Satellite Networks Ltd. (NASDAQ:GILT) shares gained 4% in premarket trading Tuesday after the company announced a new agreement with Boeing to provide its Sidewinder antenna as a line-fit option for in-flight connectivity providers. Under the partnership, Boeing will make Gilat’s multi-orbit Sidewinder electronically steered antenna…
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Hoth Therapeutics shares slide after shift toward AI semiconductor strategy (HOTH)
Company plans rebrand and expansion into AI infrastructure Hoth Therapeutics Inc. (NASDAQ:HOTH) shares dropped 10.9% in premarket trading Tuesday after the company announced plans to rebrand as Rocket One, Inc. and reorganize its business around opportunities in artificial intelligence infrastructure and semiconductor technologies. The company said it has secured exclusive rights to nanomagnetic semiconductor and…
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Futures signal weaker Wall Street open as tech sector faces renewed pressure: Dow Jones, S&P, Nasdaq
U.S. stock futures point lower ahead of trading session U.S. stock futures traded in negative territory on Tuesday morning, indicating Wall Street could open lower as investors remain cautious following Monday’s mostly weaker close despite a late-session recovery. Technology shares are expected to remain under pressure amid growing concerns over elevated valuations after the sector’s…
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Canaan shares sink after first-quarter miss and disappointing Q2 outlook (CAN)
Weak guidance weighs heavily on crypto miner shares Canaan Inc. (NASDAQ:CAN) shares dropped 9.86% in premarket trading on Tuesday after the cryptocurrency mining company reported first-quarter results below analyst expectations and issued second-quarter guidance that came in far weaker than forecast. The company posted an adjusted loss of $0.86 per ADS for the quarter, missing…