CleanSpark Jumps on Major AI Data Center Lease Progress Despite Earnings Miss
Progress on its $6.6B Sandersville AI data center lease and stronger balance sheet outweighed the earnings miss.
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Wendy’s Cuts Dividend and Withdraws Guidance After Sharp Same-Store Sales Decline
CEO Bob Wright cuts dividend 50% and outlines five-point recovery plan.
Under Armour Posts Small Profit Despite Sales Drop, Cuts Full-Year Revenue Outlook
Under Armour posts small Q1 profit (adj. EPS $0.05 beats estimates) as sales fall 3% to $1.1B. Company cuts full-year revenue outlook on weak North America demand.
Stifel Starts Sutro Biopharma at Buy With $48 Target on ADC Platform Potential
Stifel highlights ADC platform potential, dual-payload pipeline strength, near-term catalysts, and cash runway through 2028.
Oklo Reports First Revenue as Aurora Projects and Isotope Reactor Advance
Oklo reports first $1.21M revenue and achieves first criticality at its Groves Isotope Test Reactor, advancing Aurora projects and nuclear strategy.
Wall Street Upgrades Unity Software to Buy After Strong Q2 and Vector Growth
Deutsche Bank, BofA & Benchmark raise Unity to Buy with $50 targets after blowout Q2 results and sustainable Vector growth.