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Ainsworth Game Technology Chair Resigns; Shares Hit Over Eight-Year High

Ainsworth Game Technology (ASX:AGI) said that Non-Executive Chair Danny Gladstone has resigned with immediate effect following recent media reports concerning personal payments made to him more than eight years ago, according to a Friday filing with the Australian bourse.Gladstone said his resignation was intended to serve the company's best interests by allowing it to move beyond the distraction and focus on its strategic priorities, per the filing.Graeme Campbell has been appointed chair of the board, the filing added.The company's shares rose around 10% in recent Friday trade and earlier hit their highest level since April 2018.

ASX:AGI

Wire25d ago

Wealthfront Fiscal Q1 Earnings Fall, Revenue Rises

Wealthfront (WLTH) reported fiscal Q1 earnings late Thursday of $0.07 per diluted share, down from $0.18 a year earlier.Analysts polled by FactSet expected EPS of $0.12.Revenue for the quarter ended April 30 was $90.5 million, up from $84.5 million a year earlier.Analysts expected $91.8 million.Shares of Wealthfront were down roughly 9% in after-hours activity.

$WLTH

Wire25d ago

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

Samsara (IOT) reported fiscal Q1 non-GAAP earnings late Thursday of $0.17 per diluted share, up from $0.11 a year earlier.Analysts polled by FactSet expected $0.13.Revenue in the three months ended May 2 rose to $478.8 million from $366.9 million a year earlier.Analysts expected $455.2 million.Samsara expects Q2 adjusted EPS of $0.15 to $0.16 on revenue of $482 million to $484 million.Analysts project EPS of $0.15 on revenue of $480.1 million.The company expects full-year adjusted EPS of $0.70 to $0.72 on revenue of $2.005 billion to $2.03 billion. Analysts project EPS of $0.68 on revenue of $1.97 billion.Samsara shares fell 3.2% in after-hours trading.

$IOT

Wire25d ago

Nyxoah Launches Offering of Common Shares

Nyxoah (NYXH) said late Thursday it launched an offering of common shares in the US.The company will grant the underwriters a 30-day overallotment option to buy up to an additional 15% of the shares offered, according to a statement.Net proceeds will be used for expanding commercialization in the US, financing research related to Genio system upgrades, and for general corporate purposes, the company said.

$NYXH

Wire25d ago

Quanex Building Products Fiscal Q2 Adjusted Earnings Fall, Revenue Rises; Shares Drop After Hours

Quanex Building Products (NX) reported fiscal Q2 adjusted earnings late Thursday of $0.25 per diluted share, down from $0.63 a year earlier.Four analysts polled by FactSet expected $0.20.Revenue in the three months ended April 30 rose to $462.4 million from $452.5 million a year earlier.Four analysts expected $459.3 million.Quanex shares fell 6.5% in after-hours trading.

$NX

Wire25d ago

Planet Labs Fiscal Q1 Adjusted Loss Unchanged, Revenue Rises

Planet Labs (PL) reported a fiscal Q1 non-GAAP loss late Thursday of $0.03 per diluted share, unchanged from a year earlier.Analysts polled by FactSet expected a loss of $0.04.Revenue for the three months ended April 30 rose to $94.2 million from $66.3 million a year earlier. Analysts expected $90 million.The company expects fiscal Q2 revenue of $102 million to $107 million. Analysts expect $100.9 million.The company now expects fiscal year 2027 revenue of $425 million to $441 million, up from the prior forecast of $415 million to $440 million. Analysts expect $431.5 million.Shares of Planet Labs fell about 4% in after-hours activity.

$PL

Wire25d ago

Rubrik Q1 Swings to Adjusted Earnings, Revenue Rises; Q2 Outlook Set

Rubrik (RBRK) reported fiscal Q1 non-GAAP earnings late Thursday of $0.16 per diluted share, swinging from a loss of $0.15 a year earlier.Analysts polled by FactSet expected a loss of $0.03.Revenue for the three months ended April 30 rose to $387.1 million from $278.5 million a year earlier. Analysts expected $366.3 million.Rubrik expects Q2 adjusted EPS of $0.03 to $0.05 on revenue of $395 million to $397 million. Analysts expect EPS of $0.02 on revenue of $383.5 million.The company now expects fiscal 2027 adjusted EPS of $0.25 to $0.35 on revenue of $1.64 billion to $1.65 billion. That compares with the March 12 forecast for adjusted EPS of $0.07 to $0.27 on revenue of $1.6 billion to $1.61 billion. Analysts expect adjusted EPS of $0.18 on revenue of $1.61 billion.

$RBRK

Wire25d ago

Top Cryptocurrencies Drop; Bitcoin Falls Below $64,000

Major digital assets were weaker Thursday, with Bitcoin (BTC-USD) dropping below the $64,000 level.The CoinDesk Market Index, which tracks dozens of digital assets including Bitcoin, dipped 3.1% in the past 24 hours. The Nasdaq 100 fell 0.04%, the S&P 500 rose 0.4%, and the Dow Jones Industrial Average increased 1.8%.Bitcoin fell 2.8% to $63,588, according to CoinMarketCap data. The most popular cryptocurrency's 24-hour trading volume rose 39% to $67.22 billion.Ethereum (ETH-USD), the second-largest digital asset by market value, dropped 1.6% to $1,774.XRP (XRP-USD) shed 2.6%, BNB (BNB-USD) lost 2.9%, and Solana (SOL-USD) decreased 4.2%. Dogecoin (DOGE-USD) fell 3.6%, while Cardano (ADA-USD) declined 9.4%.The total market value of the cryptocurrency industry fell 2.3% in the past 24 hours to $2.22 trillion, with trading volume rising 22.7% to $155.41 billion.Price: $63494.24, Change: $-544.68, Percent Change: -0.85%

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

Wire25d ago

Jones Lang LaSalle Secures $870 Million Financing for Four Seasons Lake Austin Project

Jones Lang LaSalle's (JLL) capital markets group said Thursday it secured an $870 million senior construction loan for Four Seasons Private Residences Lake Austin, a residential development project in Austin, Texas.JLL, along with co-advisers Cobalt Equities and Adelaide Real Estate, represented the developers, Austin Capital Partners and Lincoln Property, in arranging the financing through TYKO Capital, an affiliate of Elliott Investment Management.Price: $296.47, Change: $+7.22, Percent Change: +2.50%

$JLL

Wire25d ago

Market Chatter: Franklin's Wamco May Reach $100 Million Settlement With SEC Over Probe

Franklin Resources' (BEN) Western Asset Management may reach a settlement of at least $100 million with the US Securities and Exchange Commission to resolve an investigation into trading practices tied to Ken Leech, a onetime top manager, Bloomberg News reported Thursday, people with knowledge of the matterThe settlement, which relates to the SEC's investigation of trade allocations at Wamco, may be announced in the coming days, though details are still under review, the report said.Franklin Resources did not immediately respond to a request for comment from.(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: $31.85, Change: $+1.48, Percent Change: +4.86%

$BEN

Wire25d ago

Oscar Health Shares Rise After Wells Fargo Upgrade

Oscar Health (OSCR) shares rose more than 16% in late Thursday trading after Wells Fargo upgraded the health insurer to equalweight from underweight and raised its price target to $20 from $11.Trading volume stood at over 7.9 million shares compared with a daily average of about 7.2 million shares.Price: $23.82, Change: $+3.32, Percent Change: +16.20%

$OSCR

Wire25d ago

Venture Global Shares Rise After JPMorgan Upgrade

Venture Global (VG) shares were up more than 5% in Thursday trading after JPMorgan upgraded the company's stock to overweight from neutral and adjusted its price target to $17 from $16.Trading volume stood at over 6.9 million shares compared with a daily average of about 26.2 million.Price: $13.19, Change: $+0.67, Percent Change: +5.31%

$VG

Wire25d ago

Market Chatter: JPMorgan, Jefferies Eye Caracas Visits Amid Venezuela Debt Revival

JPMorgan Chase & Co (JPM) and Jefferies Financial Group (JEF) are organizing trips to Caracas as foreign investor interest in Venezuela's economic reopening and debt restructuring grows, Bloomberg reported.Jefferies executives traveled to Venezuela this week to meet with local banking executives, with a return visit under consideration, while JPMorgan is working to arrange a visit possibly alongside clients, the report said, citing people familiar with the matter.All executives involved in Jefferies' visit were cleared by the bank's compliance department, the report added.Venezuela has hired Hogan Lovells as legal counsel and Centerview Partners as financial adviser for what could be one of the largest sovereign debt restructurings since the Greek crisis, Bloomberg said.JPMorgan and Jefferies did not immediately respond to requests for comment from.(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: $312.12, Change: $+11.27, Percent Change: +3.75%

$JEF$JPM

Wire25d ago

Murphy Oil Shares Rise After KeyBanc Upgrade

Murphy Oil (MUR) shares rose 3% in Thursday trading after KeyBanc upgraded the stock to overweight from sector weight, with a price target of $48 per share.Trading volume stood at over 1.2 million shares compared with a daily average of about 2.3 million.Price: $40.33, Change: $+1.16, Percent Change: +2.95%

$MUR

Wire25d ago

Erasca Shares Rise After BofA Upgrade

Erasca (ERAS) shares rose 1.5% in Thursday afternoon trading after BofA Securities upgraded the stock to neutral from underperform and raised its price target to $16 from $9.Trading volume stood at over 5.5 million shares, compared with a daily average of about 6.9 million shares.Price: $13.38, Change: $+0.20, Percent Change: +1.52%

$ERAS

Wire25d ago

Karat Packaging Shares Rise After William Blair Upgrade

Karat Packaging (KRT) shares rose 6% on Thursday after William Blair upgraded the stock to outperform from market perform.Trading volume stood at around 63,470 shares compared with a daily average of 94,236.Price: $28.22, Change: $+1.60, Percent Change: +6.01%

$KRT

Wire25d ago

C3.ai Seen Returning to Growth in Second Half of Fiscal 2027, UBS Says

C3.ai's (AI) fiscal 2027 guidance implies quarter-over-quarter revenue improvement through the year and a return to growth in the second half on an easy comparison basis, UBS Securities said.The investment firm said in a note Wednesday that fiscal 2027 is likely to be a noisy year due to restructuring, go-to-market changes and the return of Tom Siebel as CEO. It added that the key investor focus is what a return to "normalized" growth will look like in fiscal 2028 and 2029.UBS kept its fiscal 2027 and 2028 revenue estimates largely unchanged at $235 million and $275 million versus $232 million and $273 million previously. However, it noted a wide range of outcomes remains possible given limited visibility across key growth drivers.The brokerage also flagged that license revenue remains the biggest uncertainty in the fiscal 2027 outlook and highlighted that the company provided no clear visibility beyond assuming it is above zero.UBS kept a neutral rating on C3.ai and raised the price target to $12 from $9.Price: $10.70, Change: $-0.02, Percent Change: -0.14%

$AI

Wire25d ago

NOV Shares Rise After Capital One Upgrade

NOV (NOV) shares rose 3.1% on Thursday after Capital One upgraded the stock to overweight from equalweight and adjusted its price target to $26 per share from $25.Trading volume stood at over 1.7 million shares compared with a daily average of nearly 4.7 million.Price: $21.48, Change: $+0.66, Percent Change: +3.15%

$NOV

Wire25d ago

Hyatt Hotels Shares Rise After HSBC Upgrade

Hyatt Hotels (H) shares rose 1.7% on Thursday after HSBC upgraded the stock to buy from hold with a price target of $212 per share.Trading volume stood at around 429,757 shares compared with a daily average of 825,368.Price: $189.18, Change: $+3.26, Percent Change: +1.75%

Wire25d ago

Market Chatter: Walmart Shareholders Reject AI Workforce Report Proposal at Annual Meeting

Walmart (WMT) investors voted against a proposal asking the retailer to report on how its use of artificial intelligence is affecting worker well-being, Reuters reported Thursday, citing preliminary voting results from the shareholder meeting.The shareholder proposal was filed by United for Respect, the report noted.Shareholders also rejected a separate proposal requesting a report on the impact of US immigration policy on Walmart's operations, the report added.Walmart didn't reply immediately to a request for comment from.(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: $117.53, Change: $+0.64, Percent Change: +0.55%

$WMT

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