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Talkspace Shareholders Approve Acquisition by Universal Health Services

Talkspace (TALK) said Friday that its shareholders have voted to approve the acquisition of the company by Universal Health Services (UHS).The completion of the deal remains subject to the receipt of state regulatory approvals and other customary closing conditions, and is slated to close in Q3, Talkspace said.Universal Health Services said in March that it agreed to acquire online therapy platform Talkspace for $5.25 per share, representing an enterprise value of about $835 million.

$TALK$UHS

Wire33d ago

Asana Buys StackAI to Expand Enterprise AI Agent Offerings

Asana (ASAN) acquired StackAI, a no-code platform that helps enterprises create AI agents and automate workflows across business systems, the company said late Thursday.Financial terms of the transaction were not disclosed.The deal enhances Asana's AI workflow platform with cross-system automation capabilities and advances its human-agent collaboration strategy for enterprise operations, the company said.Asana shares were up 3.9% in Friday premarket activity.Price: $6.92, Change: $+0.26, Percent Change: +3.90%

$ASAN

Wire33d ago

Chagee Q1 Non-GAAP Earnings Fall, Revenue Rises

Chagee (CHA) reported Q1 non-GAAP earnings late Thursday of 2.65 Chinese renminbi ($0.38) per diluted share, down from 3.92 renminbi a year earlier.Analysts estimates were not readily available for comparison.Total revenue for the quarter ended March 31 was 3.55 billion renminbi, up from 3.39 billion renminbi a year earlier.Two analysts surveyed by FactSet expected 3.23 billion renminbi.Shares of the company were up more than 9% in Thursday's after-market activity.Price: $11.10, Change: $+0.94, Percent Change: +9.25%

$CHA

Wire33d ago

Estrella Resources Says Electromagnetic Survey Completed at East Timor Manganese Project; Shares Up 4%

Estrella Resources (ASX:ESR) said an unmanned aerial vehicle passive electromagnetic geophysical survey was completed at its Ira Miri manganese project in East Timor, according to a Friday Australian bourse filing.Results from the survey are expected to rank and prioritize deeper drill targets beneath and adjacent to the current Ira Miri pit as well as refine the company's geological and structural model of the Ira Miri manganese system, per the filing.The company's shares rose nearly 4% in recent trading on Friday.

ASX:ESR

Wire33d ago

Nextpower to Acquire Prevalon Energy, Raises Fiscal 2027 Outlook; Shares Gain After Hours

Nextpower (NXT) agreed to acquire Prevalon Energy, a US joint venture between Mitsubishi Power Americas and EES, for up to $365 million in cash and stock to expand into battery storage and AI data-center infrastructure markets.The transaction is expected to close in Q2 of fiscal 2027, Nextpower said Thursday in a statement.The company also raised fiscal 2027 guidance to adjusted diluted EPS of $4.30 to $4.73 on revenue of $4 billion to $4.4 billion. The prior outlook was EPS of $3.19 to $3.56 on revenue of $3.8 billion to $4.1 billion.Analysts polled by FactSet expect EPS of $4.54 on revenue of $4 billion.Nextpower shares rose 7.9% in after-hours trading.

$NXT

Wire33d ago

Gap Fiscal Q1 GAAP Earnings, Revenue Rise

Gap (GAP) reported fiscal Q1 adjusted earnings late Thursday of $0.38 per diluted share. The company did not provide comparable adjusted earnings for the year-ago quarter. Analysts polled by FactSet expected $0.37.The company reported GAAP earnings of $0.90 per diluted share, up from $0.51 a year earlier.Revenue for the 13 weeks ended May 2 was $3.50 billion, up from $3.46 billion a year earlier.Analysts surveyed by FactSet expected $3.52 billion.For Q2, the company expects net sales to be flat to down 1% year-over-year.For fiscal 2026, the company now expects adjusted EPS of $2.30 to $2.40, up from the prior forecast of $2.20 to $2.35. Analysts expect $2.29.The company now expects fiscal 2026 net sales to be up 1% to 2% year-over-year, versus the prior outlook for 2% to 3% growth.

$GAP

Wire33d ago

Ambarella Q1 Non-GAAP Earnings, Revenue Rise; Shares Fall After Hours

Ambarella (AMBA) reported fiscal Q1 non-GAAP earnings late Thursday of $0.11 per diluted share, up from $0.07 a year earlier.Analysts polled by FactSet expected $0.10.Revenue in the three months ended April 30 rose to $100.4 million from $85.9 million a year earlier.Analysts surveyed by FactSet expected $100.1 million.The company expects fiscal Q2 revenue of $105 million to $111 million. Analysts expect $107.1 million.Ambarella shares fell 6.6% in after-hours trading.

$AMBA

Wire33d ago

American Eagle Outfitters Swings to Q1 Adjusted Earnings, Revenue Rises; Shares Fall After Hours

American Eagle Outfitters (AEO) reported fiscal Q1 adjusted earnings late Thursday of $0.14 per diluted share, swinging from the loss of $0.29 a year earlier.Analysts polled by FactSet expected a $0.12 profit.Revenue in the 13 weeks ended May 3 rose to $1.2 billion from $1.09 billion a year earlier.Analysts surveyed by FactSet expected $1.18 billion.The company expects mid-to-high single-digit comparable sales growth in Q2 and mid-single-digit growth in fiscal 2026.American Eagle shares fell 11% in after-hours trading.

$AEO

Wire33d ago

Earnings Flash (DELL) Dell Posts Fiscal Q1 Adjusted EPS $4.86, vs. FactSet Est of $3.00

$DELL

Wire33d ago

Earnings Flash (DELL) Dell Posts Fiscal Q1 Revenue $43.8B, vs. FactSet Est of $35.74B

$DELL

Wire33d ago

Top Cryptocurrencies Fall; Bitcoin Drops Below $74,000

Top cryptocurrencies fell Thursday, with Bitcoin (BTC-USD) dropping below $74,000.The CoinDesk Market Index, which tracks dozens of digital assets including Bitcoin, fell almost 1.6% in the past 24 hours. The Nasdaq 100 rose 0.8%, the S&P 500 increased 0.6%, and the Dow Jones Industrial Average was up 0.1%.Bitcoin dropped 2% to $73,404, according to CoinMarketCap data. The most popular cryptocurrency's 24-hour trading volume surged 28.6% to $41.56 billion.Ethereum (ETH-USD), the second-largest digital asset by market value, dropped 1.8% to $2,016.XRP (XRP-USD) fell 0.7%, BNB (BNB-USD) declined 1.9%, and Solana (SOL-USD) shed 1.8%. Dogecoin (DOGE-USD) dropped 1.9%, and Cardano (ADA-USD) lost 2.3%.The total market value of the cryptocurrency industry fell 2.1% in the past 24 hours to $2.54 trillion, with trading volume declining 1.8% to $149.03 billion.Price: $73379.35, Change: $-953.59, Percent Change: -1.28%

$ADA-USD$BNB-USD$BTC-USD$DOGE-USD$ETH-USD$SOL-USD$XRP-USD

Wire33d ago

IBM Plans $10 Billion Investment in Quantum Computing

International Business Machines (IBM) said Thursday in a filing that it plans to invest more than $10 billion over the next five years to support quantum computing development, including through research and development, capital expenditures, ecosystem partnerships, manufacturing scaling, and mergers and acquisitions.The company said the investment further strengthens its confidence in delivering the first large-scale fault-tolerant quantum computer by 2029.This investment announcement follows last week's letter of intent between IBM and the Department of Commerce to build Anderon, an American quantum chip foundry, to accelerate quantum innovation, according to the filing.Shares of IBM rose more than 3% in Thursday trading.Price: $263.65, Change: $+8.45, Percent Change: +3.31%

$IBM

Wire33d ago

NeoVolta to Supply Large-Scale Battery Energy Storage Systems to Infinite Grid Capital; Shares Fall

NeoVolta (NEOV) has entered into a letter of intent to supply around 1.1 gigawatt-hours of battery energy storage products to Infinite Grid Capital, or IGC, the energy infrastructure investment platform said Thursday.Financial details weren't provided.IGC will procure utility-scale battery storage systems from NeoVolta's Georgia facility, which is expected to begin production in Q3, to power its artificial intelligence infrastructure buildout across the US, IGC said.The preliminary deal also includes coordinated marketing, financing, strategic investment, and project development activities between the companies. The letter of intent will remain in effect for 12 months from execution, IGC added.Shares of NeoVolta fell around 24% in afternoon trading.Price: $1.97, Change: $-0.61, Percent Change: -23.64%

$NEOV

Wire33d ago

Sector Update: Energy

Energy stocks were edging up late Thursday afternoon, with the NYSE Energy Sector Index and the State Street Energy Select Sector SPDR ETF (XLE) both fractionally higher.The Philadelphia Oil Service Sector Index was falling 1.5%, and the Dow Jones US Utilities Index shed 1%.Front-month West Texas Intermediate crude oil rose 0.5% to $89.14 a barrel, and the global benchmark Brent crude contract shed 0.4% to $93.93 a barrel. Henry Hub natural gas futures climbed 5% to $3.04 per 1 million BTU.In corporate news, BP's (BP) former chairman Albert Manifold, who was ousted earlier in the week, had fallen out with company secretary Ben Mathews before his removal from the role, the Financial Times reported. BP shares were down 0.4%.

$BP

Wire33d ago

Robinhood Markets Says Trump Accounts App Available Ahead of July 4 Launch

Robinhood Markets (HOOD) said the official Trump Accounts app is now available for download ahead of the tax-advantaged investment accounts' July 4 launch.Eligible US children born from 2025 to 2028 will qualify for a $1,000 initial contribution from the Treasury Department, the company said Thursday in a statement.Family members and employers can collectively contribute up to $5,000 per year with money automatically invested in a default low-cost index fund, the company said.Account holders will assume control of the assets at age 18 subject to traditional individual retirement account rules, Robinhood said.The Trump Accounts app, available in Apple (AAPL) and Alphabet's Google (GOOG) app stores, was built in partnership with Bank of New York Mellon (BNY) and Robinhood, CNBC reported Thursday, citing a Treasury spokeswoman.Robinhood shares rose 9.1% in Thursday trading, and Bank of New York Mellon gained 0.7%.Price: $83.16, Change: $+6.93, Percent Change: +9.09%

$BNY$HOOD

Wire33d ago

Dollar Tree Traffic Trends Ease Bear Concerns, Truist Says

Dollar Tree (DLTR) Q1 results reinforced confidence that improving traffic trends and margin gains could support further upside in the shares, Truist Securities said in a note on Thursday.The brokerage said the results eased one of the market's biggest concerns around the retailer, adding that "the entire crux of the bear argument on the stock" has been centered on deteriorating customer visits.Looking ahead, Truist said continued improvement in traffic despite higher ticket growth could help Dollar Tree shares "re-rate significantly from current levels," as investors gain confidence in merchandise improvements and store execution.Truist maintained its buy rating and $107 price target.Price: $111.18, Change: $+15.31, Percent Change: +15.97%

$DLTR

Wire33d ago

Cameco Shares Rise After Key Lake Mill, McArthur River Mine Return to Full Production

Cameco (CCJ) shares rose 3.4% on Thursday after the company said that it reaffirmed its 2026 production guidance and that the Key Lake mill and McArthur River mine have resumed full uranium production activities following a disruption due to flooding in Saskatchewan.The timing to restore access to the primary supply route is being confirmed, but the company has been able to deliver the required volume of critical materials via the secondary route, the company said.Risks of thawing and precipitation could lead to further road restrictions, resulting in delays in future deliveries, according to the company.Price: $110.64, Change: $+3.20, Percent Change: +2.98%

$CCJ

Wire33d ago

Market Chatter: Microsoft Poised to Release New Coding Model Next Week

Microsoft (MSFT) is slated to release a suite of new homegrown AI models next week at its annual Build conference in San Francisco, The Information reported Thursday.The company will unveil a coding model aimed at boosting the competitiveness of Microsoft-owned GitHub Copilot, the report said, adding that it also plans to introduce new models specialized in tasks such as transcription, reasoning, speech, and image processing.The new suite of models will build on earlier homegrown models that Microsoft previewed earlier this year, according to the news outlet.Microsoft 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: $426.40, Change: $+13.73, Percent Change: +3.33%

$MSFT

Wire33d ago

Anthropic Raises $65 Billion in Series H Funding

Amazon.com (AMZN)-backed Anthropic has raised $65 billion in series H funding led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital at a $965 billion post-money valuation, the artificial intelligence firm said in a Thursday post on X.The funding is expected to help Anthropic advance its research efforts and boost capacity to meet growing demand for Claude, the firm said.Price: $272.36, Change: $+0.51, Percent Change: +0.19%

$AMZN

Wire33d ago

Update: HEICO Shares Rise After Fiscal Q2 Earnings, Revenue Beat Consensus

(Updates with recent stock movement in headline and first paragraph.)HEICO (HEI) shares were up 8.6% in afternoon trading on Thursday after the company posted fiscal Q2 earnings and revenue that surpassed analysts' consensus.The company reported on Wednesday fiscal Q2 earnings of $1.66 per diluted share, up from $1.12 a year earlier.Analysts polled by FactSet expected $1.33.Revenue for the quarter ended April 30 was $1.38 billion, up from $1.10 billion a year ago.Analysts surveyed by FactSet expected $1.25 billion.Price: $336.60, Change: $+27.20, Percent Change: +8.79%

$HEI

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