Major US indices hit new highs, led by tech and AI-related stocks, while Cerebras shares surge in debut trading. US equities closed at record levels, with the NASDAQ and S&P 500 posting gains of 0.88% and 0.77%, respectively. The Dow Jones Industrial Average also advanced,
Company reports $0.09 non-GAAP EPS, below expectations, while revenue of $40.44M tops forecasts by $0.19M. Gambling.com posted a Q1 non-GAAP EPS of $0.09, missing estimates by $0.03. Revenue reached $40.44 million, a slight decline of 0.5% year-over-year but exceeding expe
Applied Materials reports adjusted earnings of $2.86 per share for Q2, exceeding Wall Street expectations and lifting guidance. Applied Materials (AMAT) shares surged 6% in after-hours trading after reporting fiscal second-quarter adjusted earnings of $2.86 per share, surp
The fitness company reported first-quarter earnings and revenue above analyst expectations, driven by strong year-over-year growth. FitLife Brands posted first-quarter GAAP earnings per share of $0.17, exceeding estimates by $0.04. Revenue reached $25.3 million, up 58.7% y
The Dow Jones Industrial Average trades near 50,080, up 0.77%, with 17 of 30 components higher year-to-date. The Dow Jones Industrial Average rose 383 points, or 0.77%, to 50,080, poised for its fourth-ever close above 50,000. A finish above 50,188.14 would mark a new reco
The company now expects adjusted EBITDA of $470M-$490M for 2026, up from prior guidance. Legence Corp. updated its 2026 financial outlook, projecting revenue between $4.1 billion and $4.3 billion. The revised forecast reflects stronger-than-expected demand in its core mark
The new AI agent targets software engineering tasks, initially rolling out to select subscribers of SpaceXAI’s premium service. SpaceXAI introduced Grok Build, an artificial intelligence coding agent designed to assist with software engineering and complex coding projects.
Global Water anticipates $2.3M revenue increase Global Water Resources expects a $2.3M revenue increase from the GW-Santa Cruz water deal. The company's management emphasized its focus on earnings growth during the Q1 2026 earnings call. The deal is expected to be
The carbon recycling firm narrowed its net loss year-over-year while reporting first-quarter revenue of $12 million. LanzaTech Global reported a first-quarter net loss of $14.7 million, improving from a $19.2 million loss in the same period last year. Revenue for the quart
Hedge funds identify companies abruptly renaming themselves to exploit AI hype, betting on sharp stock declines. Short sellers are scrutinizing companies that rebranded to capitalize on the artificial intelligence boom, citing weak fundamentals and speculative excess. Firm
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