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Planet Labs Shares Jump After Q2 Results Beat Expectations
Planet Labs PBC (NYSE:PL) shares rose 14.1% in pre-market trading after the company reported fiscal second-quarter 2027 results that exceeded analyst expectations for revenue and adjusted earnings. Quarterly revenue reached a record $116.1 million, an increase of 58% from the same period a year earlier and above the consensus estimate of approximately $104.5 million. Adjusted…
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Gold Holds Near $4,500 as Markets Await U.S. Employment Data
Gold prices remained close to $4,500 an ounce on Friday after rising almost 2% in the previous session, as investors awaited U.S. nonfarm payrolls data for further indications about the Federal Reserve’s September interest-rate decision. A weaker U.S. dollar and comments from Federal Reserve Governor Christopher Waller contributed to market expectations that rates could remain…
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Oil Prices Ease Near Six-Week Highs as Hormuz Supply Risks Remain in Focus
Oil prices moved lower on Friday but remained on course for weekly gains as renewed military exchanges between the United States and Iran kept attention on potential disruptions to energy shipments through the Strait of Hormuz. As of 03:47 ET (07:47 GMT), November Brent crude futures fell 0.5% to $95.09 a barrel, while WTI crude…
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U.S. Futures Steady as Investors Await Jobs Report; Lululemon and Adobe in Focus: Dow Jones, S&P, Nasdaq, Wall Street
U.S. stock futures were little changed on Friday as investors awaited the August nonfarm payrolls report and assessed comments from Federal Reserve officials on the interest-rate outlook. Corporate developments included a decline in Lululemon Athletica (NASDAQ:LULU) shares following another reduction in its full-year forecasts, while Adobe (NASDAQ:ADBE) announced a change in chief executive. Investors were…
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Falling Yields and an AI Rally Push the Dow Above 53,600
U.S. stocks rallied broadly on Wednesday, recovering ground lost over the prior several sessions as a pullback in Treasury yields eased pressure on the market and reignited demand for technology shares. All three major indexes finished solidly higher, led by the Dow Jones Industrial Average, as investors grew more comfortable that the Federal Reserve is…
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PowerBank Wins NYPA Contract for 1.6 MW SUNY Oneonta Solar Project
The $3.58 million project gives PowerBank Corporation (NASDAQ:PBK) another owned renewable-energy asset in New York, with construction expected to follow permitting and the project potentially qualifying for approximately $1.4 million in federal Investment Tax Credits. Key Investor Takeaways Why PBK Stock Is in Focus PowerBank has secured a contract through a competitive solicitation administered by…
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Aptevo Reports 93% Clinical Benefit Rate for Mipletamig Triplet in TP53-Mutated AML
The early RAINIER data showed a 79% CR/CRi rate in evaluable frontline TP53-mutated AML patients, comparing favorably with a published 41% composite remission benchmark for venetoclax plus azacitidine. Key Investor Takeaways Why APVO Stock Is in Focus Aptevo has reported encouraging response data for its mipletamig triplet in TP53-mutated frontline AML, a patient subgroup the…
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Duluth Trading Raises 2026 Adjusted EBITDA Guidance as Profitability Improves
Duluth Holdings Inc. (NASDAQ:DLTH) reported sharply higher second-quarter earnings and stronger underlying gross margins despite lower sales, prompting the company to raise its fiscal 2026 Adjusted EBITDA outlook. Key Investor Takeaways Why DLTH Stock Is in Focus Duluth Trading delivered substantially higher second-quarter profitability while maintaining its full-year revenue expectations and raising its Adjusted EBITDA…
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Mint Announces Nasdaq Share Tokenization Initiative on Ethereum and Solana
The binding agreement with CURRENC Capital will support the issuer-sponsored tokenization of a portion of Mint Incorporation Limited’s (NASDAQ:MIMI) existing Class A ordinary shares, although completion remains subject to regulatory requirements. Key Investor Takeaways Why MIMI Stock Is in Focus Mint is taking a concrete step toward putting part of its Nasdaq-listed equity infrastructure on…
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NetApp Expands AWS Transform Support to Accelerate Enterprise Storage Migrations
Amazon FSx for NetApp ONTAP is now supported by AWS Transform, allowing enterprises to migrate attached storage and database workloads directly to AWS through a more integrated cloud migration process. Key Investor Takeaways Why NTAP Stock Is in Focus NetApp and AWS are making Amazon FSx for NetApp ONTAP directly accessible through AWS Transform, extending…