SpaceX market value plunged over $600 billion in two days, erasing nearly 16% since its IPO earlier this month. SpaceX Corp (NASDAQ:SPCX) shares climbed 2.5% on Tuesday, recouping part of a two-day selloff that erased more than $600 billion in market value. The rebound fol
Nokia targets AI infrastructure demand with silicon photonics, addressing GPU cluster limitations in speed, heat, and power consumption. Nokia has entered the $154 billion AI photonics market, leveraging optical networking to address bottlenecks in AI data centers. The shi
The Wendy's Company named Steve Cirulis as its chief financial officer and chief strategy officer on Monday, bringing in a former Potbelly executive who previously partnered with Wendy's new CEO on a restaurant turnaround. Cirulis, 55, most recently served as CFO and chief
Carnival Corp (NYSE:CCL) shares fell almost 6% on Tuesday after the cruise operator issued a third quarter profit outlook below Wall Street expectations, overshadowing stronger-than-expected second-quarter results and record revenue. The company reported adjusted earnings
Nasdaq-100 drops 3% amid selling pressure The Nasdaq-100 is down roughly 3% as morning gains fade. The Nasdaq Composite is also trading lower, off about 2%. Selling pressure has intensified across major technology names.
The firm sees sustained revenue growth and improving free cash flow for the cybersecurity company into FY27. TD Cowen reaffirmed its Buy rating and $19 price target on Netskope (NTSK) after meeting with management, citing "compelling" valuation at current levels. The firm
BMO Capital reduced Dave & Buster’s target following a $14 million EBITDA shortfall in Q1 due to weak sales trends. BMO Capital lowered its price target for Dave & Buster’s Entertainment (NASDAQ:PLAY) to $22 from $24 after the company’s Q1 EBITDA fell $14 million short of
The firm upgraded PAR to Neutral after fixing a technical error that previously overstated its share count. JPMorgan increased its price target for PAR Technology Corporation (NYSE:PAR) to $16 from $12, upgrading the stock to Neutral from Underweight. The adjustment follow
The firm lowered forecasts due to weaker operational outlook and higher interest expenses post-KC acquisition. DA Davidson reduced Columbus McKinnon Corporation’s (NASDAQ:CMCO) price target to $17 from $20 while keeping a Neutral rating. The adjustment reflects revised FY2
BTIG lowered its UWMC price target to $4 from $10 while maintaining a Buy rating amid a tougher interest rate environment. BTIG reduced its price target for UWM Holdings Corporation (NYSE:UWMC) to $4 from $10, citing a more challenging interest rate landscape than previous
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