Stocks
Ambarella Projects $105M-$111M Q2 Revenue, Secures $800M+ Hanwha Deal
Ambarella forecasts Q2 revenue between $105M and $111M. A significant long-term agreement with Hanwha targets over $800M in revenue across more than...
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Stocks
U-Haul Slashes Equipment Spending, Boosts Shareholder Returns
U-Haul Holding Company announced a significant reduction in net equipment purchases and authorized a substantial share buyback program, signaling a shift in...
Stocks
Semtech Projects $328M Q2 Revenue, Targets 35% Data Center Growth
Semtech (SMTC) forecasts $328 million in Q2 revenue, targeting 35% sequential growth in its data center segment, building on a record-setting Q1.
Stocks
Cleveland-Cliffs (CLF) Breaches Key 200-Day Moving Average
Cleveland-Cliffs Inc (CLF) shares crossed above their 200-day moving average of $16.80 on Wednesday, June 14, 2023, trading as high as $17.23...
Stocks
JOYY Misses Q1 Estimates on Revenue, Earnings
JOYY reported Q1 Non-GAAP EPADS of $1.11, missing estimates by $0.33, alongside revenue of $555.7 million, which fell short by $2.97 million.
Markets
Fund Bets $20M on CorVel Amid 45% Stock Drop
Owls Nest Partners IA disclosed a new $20.06 million stake in CorVel (CRVL) last quarter, a move that appears contrarian given the...
Stocks
Samsung Electronics Hits $1 Trillion Market Cap on AI Chip Demand
Samsung Electronics' valuation soared to $1 trillion, driven by robust demand for its artificial intelligence chips. The South Korean tech giant's profits...
Stocks
Copart Targets 15M+ U.S. Noninsurance Market; International Units Up 5.9%
Copart outlines a 15M+ U.S. noninsurance auction TAM and reports a 5.9% rise in international units for Q3 fiscal 2026, despite a...
Stocks
Anthropic Inks $45B SpaceX Deal for AI Infrastructure
Anthropic (ANTHRO) will pay SpaceX (SPACE) nearly $45B over three years to support its AI model Claude, securing capacity amidst surging demand.