EchoStar Stock Surges as FCC Approves $40 Billion Spectrum Sale to SpaceX and AT&T
AT&T buys 50 MHz for 5G ($23B) and SpaceX gets 65 MHz for Starlink direct-to-device ($17B).
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Karman Beats Revenue Forecasts But Misses Profit Expectations — Stock Falls
Karman shares fell despite strong sales growth, raised guidance, but earnings slightly missed expectations. Investors remain cautious.
Birkenstock Q2 2026: Sales Miss Due to Middle East Conflict, But Full-Year Outlook Unchanged
Birkenstock missed Q2 2026 sales estimates due to the Middle East conflict and tariffs; profits fell, yet the outlook remained unchanged.
Alibaba Q4 Earnings: Cloud & AI Surge 38% as Revenue Misses Estimates
Alibaba grew slightly but missed expectations; profits dropped due to AI investments, while cloud and AI businesses showed strong growth.
Oklo Stock Whipsaws After Wider-Than-Expected Q1 Loss
Oklo shares swung sharply after reporting a $33.1M Q1 loss, slightly worse than expected. The AI-nuclear startup remains up 150% over the past year despite having zero revenue.
Brown-Forman Rejects $15 Billion Takeover Bid from Sazerac
The rejection follows Brown-Forman ending merger talks with the French spirits maker Pernod Ricard late last month.