Equities Archives - Page 116 of 1061

1 minute read

What’s Going On With SoundHound AI Shares Friday?

May 10, 9:55 AM

SoundHound AI (NASDAQ: SOUN) shares surge premarket after partnering with Perplexity to integrate advanced AI capabilities into its voice assistant, following positive Q1 results, showing a 73% increase in revenue year-over-year.

SOUN

1 minute read

FTC Solar Battles Revenue Blues, Eyes Adjusted EBITDA Profitability In Q4

By Lekha Gupta

May 10, 9:48 AM

FTC Solar Q1 FY24 revenue below expectations at $12.59M, backlog at $1.8B. Q2 guidance at $10.5M-$15.5M. Company aims to improve profitability.

FTCI

2 minute read

Calumet’s Mixed Bag Q1: From Loss To Grit, CEO Maps Strategic Spring Surge

By Akanksha Bakshi

May 10, 9:31 AM

CLMT reports Q1 fiscal 2024 sales decline of 3%, beating consensus. Net loss per unit $(0.51) down from $0.23 YoY. Gross profit down 18.7% YoY.

CLMT

2 minute read

Why Is Construction Materials Company CRH Stock Up Premarket Friday?

By Lekha Gupta

May 10, 9:03 AM

CRH shares rise on Q1 FY24 results, $0.4B share repurchase, $0.35 dividend, and positive outlook for 2024. Revenue up 2% to $6.5B.

CRH

2 minute read

What’s Going On With EPAM Systems Stock Friday?

By Nabaparna Bhattacharya

May 10, 8:35 AM

EPAM Systems stock rebounds in premarket trading following a significant slump, despite operational challenges and revised FY24 outlook.

EPAM

2 minute read

Why Is Toy Maker Funko’s Stock Gaining Today?

By Shivani Kumaresan

May 10, 8:25 AM

Funko Inc marks a positive stride with Q1 adjusted EPS surpassing expectations. Despite a 14.5% sales dip, strategic inventory management leads to solid gross margin.

FNKO

2 minute read

Accenture Wins $789M Navy Contract To Bolster Cybersecurity In Maritime Forces

By Nabaparna Bhattacharya

May 10, 7:52 AM

Accenture's $789M Navy contract aims to bolster cybersecurity in maritime forces, addressing evolving threats and protecting critical defense assets.

ACN

3 minute read

US Stocks Set To End Week Strong With With S&P 500 Eyeing Break Above Late-March Peak: Analyst Says He’s Still A Buy In May Amid This Positive Signal

By Shanthi Rexaline

May 10, 7:16 AM

U.S. stocks are on track to finish the week on a high, with the index futures pointing to a higher opening on Friday.

AKAM

2 minute read

China’s Zeekr Prices US IPO At Top End Of Estimated Range – What’s On The Cards?

By Shivani Kumaresan

May 10, 6:52 AM

Dive into Zeekr's strategic IPO move, priced at $21 per share, attracting major investors like Geely Automobile and Contemporary Amperex Technology, despite concerns over China-U.S. listing trends, reflecting the company's ambitious expansion plans amid a burgeoning EV price war.

BYDDY

2 minute read

Microsoft Challenges Apple And Google with Web-Based Gaming Store: Report

By Shivani Kumaresan

May 10, 5:55 AM

Microsoft disrupts the mobile gaming market with a new web store reportedly set to launch in July, offering an alternative to Apple and Google. Featuring discounts on in-game items, the browser-based platform promises accessibility across devices, challenging the dominance of closed ecosystems. With plans to expand to other publishers, Microsoft aims to reshape the app store landscape, fueled by its recent acquisition of Activision Blizzard.

AAPL