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The Latest Breaking News from MarketBeat

Drone Stocks Soar As Pentagon Considers Funding, Including a Trump-Linked Name

The Pentagon is pushing forward its Drone Dominance initiative, and drone stocks are soaring as the government signals funding support for the industry.

MarketBeat

Braze Blazes Ahead on Q1 2027 Earnings Beat, Raised Guidance

Braze Inc. is on track for price recovery in 2026 as results surpass expectation and management signals confidence with share repurchases.

MarketBeat

Are the 3 Newest Members of the $1 Trillion Market Cap Club the Latest Sign of an AI Bubble?

Driven by an AI memory chip shortage, Samsung, SK Hynix, and Micron have crossed $1 trillion market caps as the supply deficit is set to last through 2027.

MarketBeat

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Science Applications International Q1 Earnings Call Highlights

Science Applications International (NASDAQ:SAIC) reported a stronger-than-expected start to fiscal 2027, with executives pointing to record margins, steady cash generation and early signs of improvement in federal spending activity while maintaining a cautious stance on the full year. Chief Executi

MarketBeat

3 Active ETFs to Ride the Hands-On Management Trend

Actively managed funds have higher costs than their passive peers in most cases, but may also come with the potential for enhanced returns, dividends, and more.

MarketBeat

Was Hormel’s Q2 Earnings Report the Turnaround Investors Needed?

Hormel Foods beat Q2 fiscal 2026 EPS estimates with 40 cents adjusted, up 14% year-over-year, as all three segments posted profit growth and organic sales rose 3%.

MarketBeat

3 Up-and-Coming Stocks That Could Be the Next NVIDIA

Discover 3 up-and-coming stocks flying under the radar, including AI and fintech companies with strong growth and long-term upside

MarketBeat

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What Exactly Is Agentic AI, and Why Are Some Stocks Blowing Up Because of It?

Agentic AI is reshaping the tech landscape fast, and the stocks moving most dramatically right now are the ones closest to where that value lands.

MarketBeat

2 Pick-and-Shovel Plays for Major Digital Infrastructure Buildout

Quanta Services and MYR Group are among a small group of firms providing crucial services to data centers and hyperscalers.

MarketBeat

Corbus Pharmaceuticals Targets HPV-Linked Head and Neck Cancer With CRB-701 Study

Corbus Pharmaceuticals (NASDAQ:CRBP) executives and oncology specialists used an ASCO-linked discussion to outline the rationale for focusing the company’s CRB-701 program on recurrent or metastatic oropharyngeal head and neck cancer, particularly in patients whose disease is associated with human p

MarketBeat

Best Buy’s AI Laptop Boost Sparks Hope for a BBY Turnaround

Best Buy beat Q1 earnings estimates as AI laptop demand and gaming sales helped drive positive comparable sales growth for BBY stock

MarketBeat

SanDisk's Stock and Short Interest Both at Record Highs —Do the Bears Know Something?

SanDisk's bears have been badly wrong so far, and with short interest fading and analyst targets well above current levels, the bulls look set to keep winning.

MarketBeat

Alphabet Bets on Hardware With Googlebook and AI Glasses

Alphabet is expanding into consumer hardware with the Googlebook laptop and Android XR smart glasses, both powered by its Gemini Intelligence AI platform.

MarketBeat

Drax Group Pauses Buyback as £561M Bluefield Solar Deal Boosts UK Renewables

Drax Group (LON:DRX) Chief Executive Will Gardiner said the company’s recommended all-cash offer to acquire Bluefield Solar Income Fund would significantly expand Drax’s U.K. renewables business and broaden its generation portfolio, while prompting a pause in its current share buyback program pendin

MarketBeat

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MarketBeat

Burlington Beat Earnings Estimates, But Not Investor Expectations

Burlington topped earnings and revenue estimates and raised its outlook, but shares fell sharply as investors appeared to want more.

MarketBeat

Palantir Stock Faces Technical Pressure Despite Strong AI Growth

Palantir stock remains under pressure in 2026, but strong AI growth, expanding margins, and enterprise adoption continue supporting the long-term bull case

MarketBeat

Sirius Real Estate H2 Earnings Call Highlights

Sirius Real Estate (LON:SRE) reported higher full-year funds from operations, rental income and dividends for the period ended March 31, 2026, as management said acquisitions and like-for-like rent roll growth offset macroeconomic pressure in the U.K. and Europe. Group Chief Executive Officer Andre

MarketBeat

NVIDIA Says “Useful AI Has Arrived” as Vera Rubin Enters Full Production

NVIDIA (NASDAQ:NVDA) Founder and CEO Jensen Huang used a keynote in Taiwan to outline the company’s next phase of growth around agentic AI, AI factories, new data center systems, enterprise software tools, personal computers and robotics. Speaking at GTC Taiwan, Huang repeatedly credited Taiwan’s s

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news in one place.

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MarketBeat

Cango Q1 Earnings Call Highlights

Cango (NYSE:CANG) reported first-quarter 2026 revenue of approximately $102 million, driven primarily by its Bitcoin mining business, as management said the company is prioritizing cost discipline and cash flow resilience over hash rate scale during a period of industry adjustment. Chief Executive

MarketBeat

Legend Biotech Conference Spotlights CARVYKTI’s Curative Potential, Earlier Use

Legend Biotech (NASDAQ:LEGN) used an investor and analyst event to highlight long-term data and physician perspectives supporting broader use of CARVYKTI, its BCMA-directed CAR T-cell therapy for multiple myeloma developed, manufactured and co-promoted with Johnson & Johnson. Chief Executive Of

MarketBeat

GRAIL’s Galleri Test Cuts Stage 4 Cancer Diagnoses in Study Despite Missed Endpoint

GRAIL (NASDAQ:GRAL) said new data presented at the American Society of Clinical Oncology annual meeting showed its Galleri multi-cancer early detection blood test can identify more cancers through screening and reduce stage 4 diagnoses, though the company confirmed that a primary endpoint in its lar

MarketBeat

Phillips Edison & Company Says Grocery-Anchored Demand Is Strong, Deals Active

Phillips Edison & Company, Inc. (NASDAQ:PECO) executives said demand for grocery-anchored shopping centers remains strong following the company’s meetings at ICSC Las Vegas, citing robust retailer expansion plans, limited supply and continued opportunities for acquisitions. During an ICSC recap

MarketBeat

Oculis Shelves FDA Filing After Phase 3 DME Trials Miss Key Vision Goals

Oculis (NASDAQ:OCS) said its two Phase 3 DIAMOND trials of OCS-01 in diabetic macular edema did not meet their primary endpoints, and the company does not currently plan to pursue a U.S. Food and Drug Administration filing for the drug candidate in that indication. Chief Executive Officer Riad Sher

MarketBeat

OceanFirst Financial Shareholders Approve All Proposals as Flushing Deal Shapes Growth

OceanFirst Financial (NASDAQ:OCFC) shareholders approved all proposals presented at the company’s 2026 annual meeting, including the election of 13 directors, an advisory vote on executive compensation, the company’s 2026 Stock Incentive Plan and the ratification of Deloitte & Touche LLP as inde

MarketBeat

Nextpower Bets on Battery Storage, AI Data Centers With $365M Prevalon Deal

Nextpower (NASDAQ:NXT) said it has entered into a definitive agreement to acquire Prevalon Energy, a utility-scale battery energy storage systems provider, in a transaction the company said would expand its platform beyond solar into storage, controls, software and lifecycle services. Founder and C

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