Imperial Petroleum (IMPP) shares were up over 7% in Friday trading after it reported Q1 adjusted earnings of $0.61 per share, up from $0.34 a year earlier.
Revenue for the quarter ended March 31 was $61.7 million, compared with $32.1 million a year earlier. A single analyst surveyed by FactSet expected $48.1 million.
Price: $5.36, Change: $+0.23, Percent Change: +4.46%
Meta Platforms (META) has quietly launched a standalone app called "Forum" for Facebook Groups, positioning it as a dedicated space for deeper community discussions and engagement similar to Reddit, TechCrunch reported Friday.The app integrates users' existing Facebook Groups, profiles, and activity after login, allows posting under nicknames, and keeps shared content visible within Facebook Groups.Meta said Forum's feeds focus on ongoing group conversations rather than trending content and include an AI-powered "Ask" tab that summarizes answers from group discussions, along with an AI assistant for moderation and administrative support, TechCrunch added.Meta Platforms did not immediately respond to' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $609.67, Change: $+2.29, Percent Change: +0.38%
GameStop (GME) is asking shareholders to approve during the July annual meeting an amendment to its charter that would increase the number of authorized class A common shares to 2.5 billion from 1 billion currently, according to a securities filing Friday.Total authorized shares across all classes would rise to 2.505 billion, including 5 million preferred shares, the company said in the filing with the US Securities and Exchange Commission.The company said it last increased its authorized shares in 2022 to support a stock split. If approved at the annual meeting set for July 7, the change would take effect after filing with Delaware authorities, GameStop said.As of Wednesday, GameStop had nearly 448.7 million shares outstanding and about 269 million shares available for future issuance, according to the filing.Additionally, the company is asking shareholders to approve the performance-based stock option award granted by the board in January to Chief Executive Ryan Cohen.Shares of GameStop were down 1.9% in Friday trading.Price: $22.08, Change: $-0.41, Percent Change: -1.85%
Workday's (WDAY) momentum in artificial intelligence continues as the company posted solid fiscal Q1 results, RBC Capital Markets said in a Thursday note.The company is beginning to see early AI traction as more than 4,000 customers are now using one of its organically developed AI agents, marking a more-than-double increase from the previous quarter, RBC analysts said. They noted that Workday's Recruiting Agent assisted with 14 million hiring processes in the quarter, up 44% year over year.Around 60% of subscription revenue growth came from expansions, while the quarter delivered its best net new growth in annual contract value in the past five years, the analysts said.New annual growth from agentic AI products increased more than 200% from a year ago, while total annual recurring revenue from Agentic AI Solutions is now nearing $500 million, pointing to Workday's acceleration in AI, according to the note.RBC maintained the company's stock rating at outperform and price target at $180.Price: $126.84, Change: $+4.99, Percent Change: +4.10%