The satellite communications firm outlines fiscal 2027 targets, emphasizing strategic initiatives and cash flow generation. Viasat expects to achieve approximately $180M in free cash flow by fiscal 2027, alongside mid-single-digit revenue growth. The outlook follows strate
Investor anxiety over private credit appears to ease as Blue Owl Capital signals improved sentiment in the sector. Blue Owl Capital co-CEO Marc Lipschultz indicated that the recent period of heightened concern in private credit markets has subsided. The remarks suggest a s
EarthLabs reports $0.00 non-GAAP EPS for Q1, with cash reserves declining to $78.8M from $80.2M at year-end 2025. EarthLabs Inc. reported a non-GAAP earnings per share of $0.00 for the first quarter, matching expectations but reflecting no growth. The company’s total cash
Analysts expect Broadcom to exceed fiscal second-quarter estimates and lift guidance, driven by strong AI demand. Broadcom is poised to report fiscal second-quarter results on June 3, with Oppenheimer anticipating a beat-and-raise scenario. The firm expects upside in both
MannKind shares surge after U.S. regulators expand Afrezza's use to children with diabetes, broadening its market potential. MannKind Corporation (MNKD) received U.S. Food and Drug Administration approval to expand its inhaled insulin therapy, Afrezza, for use in children
Kraft Heinz shares decline 1.08% to $24.21 Kraft Heinz shares fell 1.08% to $24.21 on Friday, ending a six-session winning streak. The stock had gained around 4% between May 20 and May 28, while the S&P 500 rose 1.76% over the same period. The decline marks a reve
The fintech startup will use funding to accelerate adoption of its automation software for lending, compliance, and operations in financial institutions. Fintech firm Saris has raised $28.8m in a Series A round led by 8VC, with participation from Audacious Ventures, Homebr
Apple shares aim for a 10th consecutive weekly gain, the longest streak since 2009, as the stock hits new highs. Apple Inc. (AAPL) is poised for its 10th straight weekly gain, marking its longest winning streak since 2009. The rally has pushed the stock into record territo
Apple shares aim for a 10th consecutive weekly gain, the longest streak since 2009, as the stock hits new highs. Apple Inc. (AAPL) is poised for its 10th straight weekly gain, marking its longest winning streak since 2009. The rally has pushed the stock into record territo
MSFT stock sits 21% below its October peak, trading at 24x earnings, levels last seen in 2022 and 2018. Microsoft shares have declined 12% year-to-date and 21% from their October high, trading at 24 times earnings and 21 times forward earnings. The valuation marks a multi-
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