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Blade Air Mobility Takes Off: Beats on Q1 Revenue, Medical Soars, Reaffirms 2024 Outlook

By Lekha Gupta
May 7, 1:07 PM
Blade Air Mobility reported Q1 FY24 revenue of $51.5M, beating consensus of $49.5M. Short Distance revenue down due to weather, adjusted EBITDA loss improved. EPS loss exceeded estimate. Medical segment's EBITDA rose, net loss decreased. 2024 outlook reiterated, 2025 expects double-digit revenue and EBITDA growth.

ARKQ

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Stocks On Track For Third Green Session, Palantir Ignites Rally In Chipmakers, Commodities Rebound: What’s Driving Markets Monday?

By Piero Cingari
May 6, 1:33 PM
The stock market is poised to mark a third consecutive session of gains, with major indices all trading in the green during midday trading in New York on Monday, as traders continue to react positively to quarterly earnings and the Federal Reserve’s unexpectedly dovish stance

ADTN

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Stocks Rally As Jobs Report Rekindles Rate Cut Hopes, Apple Rockets, Bitcoin Soars Above $61,000: What’s Driving Markets Friday?

By Piero Cingari
May 3, 1:51 PM
A weaker-than-expected jobs report sparked a widespread market rally in the last session of the week, as traders increased expectations on potential interest rate cuts later this year.

AMGN