The logistics firm raised its asset-based unit margin outlook after stronger pricing and fuel surcharge benefits drove April results above expectations. ArcBest increased its second-quarter operating margin guidance for its asset-based unit, including ABF Freight, by 200 b
Shares fell 4.9% despite Q1 revenue and EPS surpassing estimates, as full-year guidance aligned with consensus. DocuSign reported Q1 fiscal 2027 revenue of $830.2 million, up 9% year-over-year and above the $823.23 million estimate. Adjusted EPS reached $1.09, beating the
Elon Musk’s combined holdings in SpaceX and Tesla reach $1.168 trillion at SpaceX’s $135 IPO price, per filings. SpaceX’s upcoming IPO values Elon Musk’s 42% stake at $866.5 billion, based on a fixed $135 share price for 555.5 million shares. The offering aims to raise $75
TCAI gains reflect rising investment in utilities and optical networking as AI data centers drive electricity demand growth. The Tortoise AI Infrastructure ETF (TCAI) has climbed 85% year to date, driven by holdings in companies addressing power and cooling bottlenecks for
Apple Inc. (NASDAQ:AAPL) could unlock significant earnings growth from artificial intelligence initiatives without incurring the massive infrastructure spending seen elsewhere in the technology sector, according to analysts at Bernstein ahead of the company’s annual Worldwide...<
Canada Post parcel volumes fell 17.2% in Q1 Canada Post parcel volumes declined 17.2% in the first quarter, resulting in a $147.5 million pre-tax loss. The decline in parcel volumes was partly due to a protracted labor dispute that included two strikes and other work
Nearly half of twentysomethings guessed a $300K retirement goal, far below the $1.26M-$1.6M experts estimate they will need. A majority of twentysomethings are saving for retirement, but 47% set a target of $300,000, well below the $1.26M to $1.6M range suggested by recent
The bank abandons a bearish stance, raising Tesla’s target from $145 amid shifting investor focus to autonomy and robotics. JPMorgan upgraded Tesla to neutral from underweight, raising its price target to $475 from $145. The move ends a long-standing bearish outlook that h
SpaceX targets a $1.75 trillion valuation with a fixed $135 share price for its 555 million-share debut on June 12. SpaceX will price its initial public offering at $135 per share, aiming to raise $75 billion and achieve a $1.75 trillion valuation. The IPO, set for June 12
The company launches Adrenaline Rush at Rs60 per can, targeting a fast-growing segment with caffeine and vitamin-infused variants. PepsiCo has introduced its Adrenaline Rush energy drink in India, priced at Rs60 ($0.63) per can. The product will be available in modern trad
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