Explosion at Blue Origin Leaves Amazon, AST SpaceMobile, and Space Stocks Reeling
Blue Origin’s New Glenn rocket burst into flames during a test, delaying Amazon’s satellite plans and AST SpaceMobile’s launch schedule. Space stocks drop sharply.
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Record Quarter for NetApp: $1.95B Revenue Beat + Raised FY2027 Forecast
NetApp beat earnings, grew revenue, boosted cloud & AI products, and raised strong 2027 outlook above expectations.
American Eagle Q1 2026: Aerie Hits $2B Milestone as Flagship Brand Declines 2%, Shares Fall
Aerie is booming, but American Eagle struggles. Revenue hit a record, yet weak sales and cautious shoppers pushed shares down.
Gap Shares Plunge as Old Navy Slowdown Forces Lowered Sales Outlook
Gap stock fell after weak outlook. Sales missed slightly, Old Navy slowed, Athleta struggled, but profits outlook improved.
Autodesk Beats Q1 Expectations and Buys MaintainX for $3.6 Billion to Expand AI Operations
Autodesk beat earnings, raised outlook, and will buy MaintainX for $3.6B to connect design and real-world operations with AI.
SentinelOne Shares Plunge on Weak Q2 Outlook and 8% Job Cuts
SentinelOne reported 21% revenue growth and 23% ARR growth in Q1 FY2027 but missed estimates and issued weak Q2 guidance. The company will cut 8% of its workforce to invest in AI, data, and cloud security.