AMD's Q1 Forecast Falls Short of High Investor Expectations
AMD's Q1 2026 revenue forecast of $9.8B disappoints investors hoping for stronger AI chip sales growth, despite beating average analyst estimates.
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PepsiCo Slashes Prices Up to 15% on Popular Snacks Amid Consumer Affordability Crisis
PepsiCo cuts prices on Lay's, Doritos by up to 15% as inflation-hit consumers demand relief. Company beats Q4 expectations, focuses on portion control and brand refresh.
Rocket Companies Soars on Record Mortgage Volume News
Rocket Companies stock jumps 7% as CEO announces highest mortgage loan volumes in four years, signaling a thawing US housing market with improving rates.
BofA Downgrades HP After CEO Exit
Bank of America downgrades HP to Underperform as CEO Enrique Lores leaves for PayPal amid slowing PC demand and rising costs.
FuboTV Stock Plunges Despite ESPN Partnership and Revenue Growth
FuboTV (FUBO) shares drop 21% to $1.79 after reporting Q1 losses, despite 40% revenue jump and new ESPN distribution deal. Company plans reverse stock split.
BlackSky Wins New Defense Contracts for Gen-3 Space Intelligence Services
BlackSky secures new international defense contracts for its Gen-3 Assured services, highlighting growing demand for fast, reliable space-based intelligence.