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CECO Environmental shares jump 8% after Q2 beat and guidance increase
CECO Environmental Corp. (NASDAQ:CECO) shares surged 8.57% in pre-market trading on Monday after the environmental technology company delivered second-quarter results that comfortably exceeded Wall Street expectations and raised its full-year outlook. Adjusted earnings per share reached $0.47, beating the analyst consensus of $0.27 by $0.20. Revenue came in at $285 million, ahead of the $272…
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Meta shares gain as Muse Glimmer launch highlights broader AI ambitions
Meta (NASDAQ:META) shares rose 2.4% on Monday following the launch of Muse Glimmer, a compact artificial intelligence model with 30 billion parameters that is designed to operate on a single GPU. The model is positioned as a smaller, distilled version of the more powerful Muse Spark 1.2 and has been developed primarily for “agent-like” tasks…
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GameStop weighs dropping $56 billion eBay bid in favour of partnership
GameStop Corp. (NYSE:GME) is considering abandoning its $56 billion takeover proposal for eBay Inc. (NASDAQ:EBAY) and could instead pursue a commercial partnership or joint venture with the e-commerce company, Bloomberg reported on Monday. Chief Executive Ryan Cohen is reportedly evaluating an arrangement that would give eBay access to GameStop’s roughly 1,600 retail locations across the…
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Intel shares fall after surprise $15 billion stock offering
Intel Corporation (NASDAQ:INTC) shares dropped 4.6% after the semiconductor giant unexpectedly unveiled plans for a $15 billion underwritten public offering of common stock, raising concerns about dilution for existing shareholders. The substantial capital raise is designed to give Intel additional financial flexibility as it continues its turnaround and invests heavily in areas expected to drive…
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U.S. stocks set for cautious start ahead of key inflation data: Dow Jones, S&P, Nasdaq, Wall Street Futures
U.S. stock futures pointed to a broadly flat opening on Monday, with investors showing little appetite for major positions following last week’s strong rally and ahead of closely watched inflation figures due in the coming days. With little scheduled on the domestic economic calendar on Monday, traders are likely to assess the recent advance on…
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AirSculpt Technologies shares plunge 13% after revenue miss and weaker EBITDA outlook
AirSculpt Technologies, Inc. (NASDAQ:AIRS) shares tumbled 13.17% in pre-market trading on Monday after the body contouring specialist reported second-quarter fiscal 2026 revenue below Wall Street expectations and lowered its full-year adjusted EBITDA forecast. The company delivered adjusted earnings of $0.01 per share, matching analyst expectations. However, quarterly revenue of $42.9 million fell short of the…
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HPE shares jump 5% as Morgan Stanley upgrade points to nearly 30% upside
HP Enterprise (NYSE:HPE) shares climbed 5% in Monday’s pre-market trading after Morgan Stanley upgraded the enterprise technology company from “Equalweight” to “Overweight,” citing an increasingly attractive outlook for earnings, cash generation and valuation. The investment bank set a $69 price target on HPE. Compared with Friday’s closing price of $53.22, that implies potential upside of…
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Ceva shares slip despite Q2 earnings beat and stronger licensing revenue
Ceva, Inc. (NASDAQ:CEVA) shares fell 3.32% in pre-market trading on Monday despite the semiconductor intellectual property company reporting second-quarter earnings and revenue above Wall Street expectations. Adjusted earnings reached $0.08 per share, slightly ahead of the analyst consensus estimate of $0.07. Revenue came in at $29.0 million, exceeding expectations of $28.14 million and increasing 13%…
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MarineMax shares surge on report of $1.5 billion Safe Harbor takeover
MarineMax Inc. (NYSE:HZO) shares soared more than 34% to around $47.80 in pre-market trading on Monday following a report that Safe Harbor Marinas, owned by Blackstone Infrastructure, is nearing an agreement to acquire the recreational boating company. According to Reuters, citing people familiar with the discussions, the proposed transaction would value MarineMax at approximately $1.5…
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Monday.com shares fall as cautious Q3 guidance overshadows earnings beat
Monday.com (NASDAQ:MNDY) shares dropped 5.5% in pre-market trading after the work management software company reported better-than-expected second-quarter results but issued third-quarter revenue guidance below Wall Street forecasts. Adjusted earnings came in at $1.48 per share, significantly ahead of the analyst consensus estimate of $1.11. Revenue increased 22% year-on-year to $364.6 million, beating expectations of $355.53…