Ciena Corporation (NYSE:CIEN) reported fiscal second-quarter results that exceeded Wall Street expectations on both earnings and revenue, while also lifting its full-year guidance. Despite the strong performance, the networking equipment provider’s shares fell 5.7% in prem
Morgan Stanley is set to reportedly open its key stock administration platforms, ShareWorks and Equity Edge, to autonomous AI agents from thousands of corporations. The move marks one of the earliest moves by a major Wall Street bank to grant external AI tools direct acces
Brown-Forman reported full-year net sales of $3.9 billion for fiscal 2026, finishing ahead of its own expectations despite a reported 1% decline from the prior year, with organic net sales flat after stripping out the effects of acquisitions, divestitures, and currency moves.
The deal for four infill and three exploration wells offshore Thailand starts in Q3 2026 and may boost earnings. Malaysia’s Velesto Energy will deploy its NAGA 6 jack-up rig for Northern Gulf Petroleum in the Gulf of Thailand. The contract covers drilling four infill wells
Tronox Holdings' $8.07 close on June 3 helped offset broader underperformance in Voya's dynamic small-cap strategy amid market volatility. Voya MI Dynamic Small Cap Fund attributed part of its first-quarter 2026 performance to an overweight position in Tronox Holdings plc
Janet L. Matricciani steps down as interim CEO Janet L. Matricciani stepped down as Interim President and CEO of World Acceptance on June 3, 2026. She will receive a $350K cash payment and biweekly severance payments of about $38.5K. J. Tobin Turner takes o
Retailer raises full-year guidance after strong quarter but warns of inflation pressures weighing on low-income shoppers ahead. Five Below posted first-quarter net sales of $1.29 billion, a 32.5% year-over-year increase, driven by a 22.7% rise in comparable sales. Adjusted
Quick Read - SNDK surged 642% year to date to $1,761, yet 24/7 Wall St. issues a SELL with a $1,453 price target. - At a forward P/E of 57, SNDK's bear case targets $1,027 if NAND pricing rolls over, which would represent a 42% drop. - Act now: the analyst who called NVIDIA in...
Palantir shares rise after announcing a marketing collaboration with Google Cloud at its annual AI conference. Palantir Technologies (PLTR) shares climbed Thursday following the announcement of a marketing partnership with Alphabet’s (GOOGL) Google Cloud at its AIPcon 10 e
Quick Read - MSFT's $627 billion contracted backlog and 40% Azure growth give it revenue visibility almost no competitor can match. - Satya Nadella reported Microsoft's AI business surpassed a $37 billion annual run rate, up 123%, while free cash flow hit $72 billion. - The...</p
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