Category: Top Story
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HPE Shares Drop After Fiscal 2026 Outlook Disappoints, But Analysts See Upside
Hewlett Packard Enterprise (NYSE:HPE) shares fell more than 8% Thursday morning after the company’s investor day in New York revealed fiscal 2026 guidance that came in below expectations. Despite the near-term caution, analysts signaled confidence in HPE’s long-term growth story, particularly in networking, cloud, and AI. Barclays said the company’s fiscal 2026 outlook “underwhelmed for…
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Oracle Analyst Day Highlights Full-Stack AI Strategy and Hyperscaler Ambitions
Oracle Corporation (NYSE:ORCL) spotlighted an aggressive artificial intelligence expansion during its analyst day in Las Vegas, drawing bullish commentary from Wall Street analysts who highlighted the company’s growing role as a hyperscaler and GPU cloud player. Citi analysts said the event marked “a positive tone shift,” citing strong partner feedback and “confidence in OCI against…
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Cloudastructure Shares Surge After $5 Million Buyback Announcement
Cloudastructure Inc (NASDAQ:CSAI) stock jumped 18.2% on Thursday after the AI surveillance company unveiled a $5 million share repurchase program, signaling strong confidence in its business outlook amid accelerating sales growth. The company’s Board of Directors authorized the buyback, allowing Cloudastructure to repurchase shares of its common stock on the open market in accordance with…
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ZenaTech Shares Jump as Company Plans Congressional Meetings on Drone Technology
ZenaTech, Inc. (NASDAQ:ZENA) saw its stock surge 7% on Thursday after announcing that its ZenaDrone subsidiary will meet with Members of Congress to discuss drone innovation and U.S. manufacturing strategies. The engagement will be followed by a product showcase at the AUVSI Defense 2025 Forum in Washington, D.C. Later this month, ZenaDrone plans to engage…
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Planet Labs Shares Rise After Winning $12.8M NGA Contract for AI Maritime Solutions
Planet Labs PBC (NYSE:PL) stock gained 2% on Thursday after the company announced that its subsidiary, Planet Labs Federal, secured a $12.8 million award from the National Geospatial-Intelligence Agency (NGA) under the Luno B indefinite delivery, indefinite quantity (IDIQ) contract. The award covers Advanced Analytics for Maritime Operations and Reconnaissance (AAMOR). Planet will provide NGA…
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DoorDash Shares Climb After Launching Autonomous Delivery with Waymo
DoorDash (NASDAQ:DASH) shares rose 4% on Thursday after the company announced a new partnership with Waymo to launch an autonomous delivery service in Metro Phoenix, with plans for a broader commercial rollout later this year. The service is currently in a testing phase and will allow DoorDash customers to receive deliveries using Waymo’s fully autonomous…
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Hycroft Mining Shares Rise After Paying Off $125.5 Million in Debt
Hycroft Mining Holding Corporation (NASDAQ:HYMC) shares rose 4.9% in pre-market trading Thursday after the company announced it had fully repaid its remaining $125.5 million in debt, including accrued interest. The mining firm made the payments on October 15, 2025, starting with the repayment of $15.0 million in principal on its first-lien debt plus $0.1 million…
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BTQ Shares Rise After Unveiling Quantum-Safe Bitcoin Implementation
BTQ Technologies Corp. (NASDAQ:BTQ) saw its stock climb 7% in pre-market trading Thursday after announcing a successful demonstration of a quantum-resistant Bitcoin implementation using National Institute of Standards and Technology (NIST)-standardized post-quantum cryptography. The company’s Bitcoin Quantum Core Release 0.2 replaces Bitcoin’s ECDSA signatures with the NIST-approved ML-DSA (Module-Lattice Digital Signature Algorithm). BTQ says this…
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American Battery Shares Plunge After DOE Terminates $57.7M Grant
American Battery Technology Company (NASDAQ:ABAT) saw its stock sink 23% in pre-market trading Thursday after disclosing that the U.S. Department of Energy (DOE) has terminated a $57.7 million grant tied to its lithium hydroxide manufacturing project. The DOE ended the $115.5 million project grant — which included $57.7 million in federal funding — effective August…
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Salesforce Shares Surge as Analysts Cheer AI Strategy Unveiled at Dreamforce
Salesforce (NYSE:CRM) shares jumped 6.4% in pre-market trading Thursday after upbeat analyst reactions to the company’s Dreamforce conference and its first formal analyst day since 2022. Barclays said it “liked the message from Dreamforce and the analyst day,” noting that “to deliver enterprise AI, customers need more than just a powerful LLM and CRM showed…