ADVFN US – Market Content Editor

Gilat Satellite Networks Ltd (NASDAQ:GILT) reported Q1 2025 earnings that missed analyst expectations, causing shares to fall 9.5% in early trading. Adjusted EPS came in at $0.03, below the $0.07 consensus, while revenue was $92 million, slightly under the projected $94.47 million but up 21% year-over-year. The company recorded a GAAP net loss of $6.0…

Target Hospitality Corp. (NASDAQ:TH) posted a wider-than-expected net loss of $6.5 million ($0.07 per share) for Q1 2025, compared to a net income of $20.4 million ($0.20 per share) in the same period last year. The loss exceeded analysts’ estimate of $0.01 per share. Revenue declined 34.5% year-over-year to $69.9 million, slightly missing the $70…

Copper prices edged higher in early trading, supported by a fourth consecutive weekly decline in inventories and a softer U.S. dollar. The London Metal Exchange’s three-month copper contract increased 0.6% to $9,493 per metric ton, while the U.S. dollar index dropped 0.75% to 100.33, boosting commodity demand for holders of other currencies. However, gains were…

Cryptocurrency-related stocks in the U.S. dropped in premarket trading, tracking the decline in Bitcoin’s price amid heightened risk aversion after Moody’s downgraded the country’s top credit rating. Notable movers included Coinbase (NASDAQ: COIN), down 3.1%, MicroStrategy (NASDAQ: MSTR), off 1.2%, and Bitfarms, which fell 4.3%. Cipher Mining (NASDAQ: CIFR) saw a significant 6.5% decline, while…

ICL (NYSE: ICL) announced first-quarter earnings on Monday that missed analyst estimates, with revenue declining more than anticipated. The fertilizer and specialty chemicals company’s shares fell 1.93% in pre-market trading following the report. ICL posted adjusted earnings per share (EPS) of $0.09 for the quarter, below the consensus estimate of $0.10. Revenue came in at…

Shares of TXNM Energy (NYSE: TXNM) surged 9.2% after the company announced it has agreed to be acquired by Blackstone Infrastructure (NYSE: BX) in a deal valuing TXNM Energy at $61.25 per share in cash. The transaction implies a total enterprise value of $11.5 billion, including net debt and preferred stock. The offer price represents…

MicroStrategy Incorporated (NASDAQ: MSTR) has continued expanding its bitcoin holdings while raising capital through recent stock offerings. Between May 12 and May 18, 2025, the company sold approximately 1.71 million shares of its Class A common stock, generating net proceeds of $705.7 million and leaving nearly $19 billion worth of shares available for future sale.…

Oil prices slipped Monday, reversing some of last week’s gains, as markets digested renewed economic uncertainty in the U.S. and China, along with signals of rising global crude supply. As of 08:15 ET (12:15 GMT), Brent crude futures for June delivery were down 0.7% at $64.93 a barrel, while West Texas Intermediate (WTI) futures dropped…

Walmart Inc. (NYSE:WMT) shares dropped 1.7% in premarket trading Monday, lagging behind the broader S&P 500 futures, which were down around 1%. The decline follows pointed remarks from former President Donald Trump, who publicly urged the retail giant to shoulder the burden of tariffs rather than raising consumer prices. The comments, posted Saturday on Trump’s…

Shares of Servotronics Inc. (NYSE:SVT) are set to soar after the aerospace components manufacturer agreed to be acquired by TransDigm Group Incorporated (NYSE:TDG) in a deal valued at approximately $110 million. The all-cash transaction will see TransDigm purchase Servotronics for $38.50 per share—representing a staggering 274% premium over the stock’s May 16, 2025, closing price.…