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Super Micro forecasts quarterly revenue above estimates, shares climb
Reuters128d agobullish
Super Micro forecasts quarterly revenue above estimates, shares climb

Super Micro Computer on Tuesday forecast fourth-quarter revenue and adjusted profit above Wall Street estimates, ‌banking on robust demand for its artificial intelligence servers, ‌sending shares up 17% in extended trading. "With the addition of our ‌new U.S. manufacturing facilities ⁠in Silicon Valley, we are exceptionally well-positioned to meet the massive demand for various AI and ⁠enterprise verticals," CEO Charles Liang said in a statement. The company projected fourth-quarter revenue in the range of $11 billion to $12.5 billion, compared ​with analysts' ​average estimate of $11.07 billion, according ​to data compiled by LSEG.

Analyst shares stark warning on surging crypto stock
TheStreet128d agoneutral
Analyst shares stark warning on surging crypto stock

Riot Platforms (Nasdaq: HOOD) is a digital infrastructure company that made its name for Bitcoin (BTC) mining operations. But since this business is no longer profitable, the company has been selling its Bitcoin holdings and transitioning to running artificial intelligence (AI) and ...

Cipher Mining (CIFR) Q1 2026 Earnings Transcript
Motley Fool128d agoneutral
Cipher Mining (CIFR) Q1 2026 Earnings Transcript

Thomas Armstrong: Good morning, and thank you for joining us on this conference call to address Cipher Digital's business update for the first quarter of 2026. Joining me on the call today are Tyler Page, Chief Executive Officer; and Greg Mumford, Chief Financial Officer. Please also note that this conference call is the property of Cipher Digital, and any taping or other reproduction is expressly prohibited without prior consent.

See the Corporate Layoffs So Far in 2026
The Wall Street Journal128d agobearish
See the Corporate Layoffs So Far in 2026

First-quarter layoffs totaled 217,362, according to outplacement firm Challenger, Gray & Christmas, a level 56% lower than the January-to-March period last year. In the first quarter, private-sector layoffs were down 1%. Here’s how this year’s job cuts are stacking up.

Pfizer CEO Says Digging Out of Post-Covid Hole Will Take a Few More Years
The Wall Street Journal128d agoneutral
Pfizer CEO Says Digging Out of Post-Covid Hole Will Take a Few More Years

Pfizer Chief Executive Albert Bourla is battling impending expirations for some blockbuster-drug patents and the precipitous decline of the company's Covid franchise, but he has put a date on when the company will return to consistent growth: 2029. Bourla said Tuesday he expects Pfizer will post high-single-digit average revenue growth annually from 2029 through 2033. “Products are losing patents, and we have a clear line of sight on growth starting in '29,” Bourla said in an interview after the company reported better-than-expected first-quarter results.

KKR Says Market Distress Is Overblown
The Wall Street Journal128d agoneutral
KKR Says Market Distress Is Overblown

Managers of KKR sought to play down turmoil engulfing private-markets firms, as the New York firm beat analysts’ quarterly earnings forecasts.

107-year-old beloved burger chain closes locations
TheStreet128d agoneutral
107-year-old beloved burger chain closes locations

The fast-food burger sector has faced economic challenges over the last year that have led major chains, such as A&W Restaurants, to close locations. A significant issue for burger chains was mixed sales results over the last year. The leading fast-food burger chain is enjoying another year of ...

CPI Card Group Q1 Earnings Call Highlights
MarketBeat128d agoneutral
CPI Card Group Q1 Earnings Call Highlights

CPI Card Group (NASDAQ:PMTS) executives said the company got off to a “solid start” in 2026, reporting first-quarter revenue growth of 20% and reaffirming its full-year outlook as it continues integrating its Arroweye acquisition and investing in its technology and go-to-market initiatives. First-q

Powell Industries Q2 Earnings Call Highlights
MarketBeat128d agoneutral
Powell Industries Q2 Earnings Call Highlights

Powell Industries (NASDAQ:POWL) reported fiscal 2026 second-quarter results showing continued order momentum and a growing backlog, driven by activity across liquefied natural gas, electric utilities, and data center-related demand. Orders surge and backlog expands Chairman and CEO Brett Cope said

Palladyne AI Q1 Earnings Call Highlights
MarketBeat128d agoneutral
Palladyne AI Q1 Earnings Call Highlights

Palladyne AI (NASDAQ:PDYN) reported first-quarter fiscal 2026 revenue of $3.5 million, up 107% year-over-year, and reiterated its full-year 2026 revenue guidance of $24 million to $27 million as management pointed to a growing contract backlog and increased defense program activity. Revenue grew 10

Ocugen Q1 Earnings Call Highlights
MarketBeat128d agoneutral
Ocugen Q1 Earnings Call Highlights

Ocugen (NASDAQ:OCGN) used its first-quarter 2026 earnings call to highlight progress across its retinal gene therapy pipeline and to outline a strengthened balance sheet following a newly announced financing. Convertible notes offering and cash runway outlook Chairman, CEO, and Co-founder Dr. Shank

IPG Photonics Q1 Earnings Call Highlights
MarketBeat128d agoneutral
IPG Photonics Q1 Earnings Call Highlights

IPG Photonics (NASDAQ:IPGP) reported first-quarter 2026 results that exceeded management’s expectations, with revenue rising 17% year over year to $265 million, as improved demand—particularly tied to battery manufacturing and medical applications—supported growth, executives said on the company’s e

IPG Photonics (IPGP) Q1 2026 Earnings Transcript
Motley Fool128d agoneutral
IPG Photonics (IPGP) Q1 2026 Earnings Transcript

At this time, I'd like to turn the call over to Eugene Fedotoff, IPG's Senior Director, Investor Relations for introductions. Eugene Fedotoff: Thank you, and good morning, everyone. With me today is IPG Photonics CEO, Dr. Mark Gitin, and Senior Vice President and CFO, Tim Mammen.

GlobalFoundries Q1 Earnings Call Highlights
MarketBeat128d agoneutral
GlobalFoundries Q1 Earnings Call Highlights

GlobalFoundries (NASDAQ:GFS) reported first-quarter 2026 results that Chief Executive Officer Tim Breen said marked “a strong first quarter,” with all non-IFRS profitability metrics “at or above the high end of their respective guidance ranges.” Breen attributed the performance to execution and to p

Blue Owl issues bold statement on SpaceX investment
TheStreet128d agoneutral
Blue Owl issues bold statement on SpaceX investment

Private credit has been under a microscope lately. Investors have been asking hard questions about exposure to software companies, rising redemptions in non-traded funds, and what happens when artificial intelligence disrupts entire industries. Blue Owl Capital has been squarely in the middle of ...

Apple CEO has stark message for Micron stock investors
TheStreet128d agoneutral
Apple CEO has stark message for Micron stock investors

It’s unusual for Apple (AAPL) to signal anything about its suppliers, but Tim Cook broke from that pattern, a move that has clear implications for Micron Technology (MU) investors. For perspective, Micron has ridden a tidal wave of AI memory demand over the past several quarters, a trend ...

Marathon (MPC) Q1 2026 Earnings Call Transcript
Motley Fool128d agoneutral
Marathon (MPC) Q1 2026 Earnings Call Transcript

Late in the first quarter, geopolitical events tightened global markets, disrupted trade flows, and drove global cracks higher. While estimates vary, we believe approximately 6 million barrels per day, representing close to 6% of global refined products capacity has come offline during the conflict in the Middle East.