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.
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#Earnings Movers↓
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.
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.
Doximity Stock Surges 90% After Strong Q1 Results and AI Progress
Investors sent Doximity’s stock to the moon after a clean Q1 revenue beat, higher guidance, and clear signs of AI product-market fit.
DraftKings Q2 Results Miss Expectations as World Cup Betting Cuts Into Profits
DraftKings Q2 revenue fell 5% to $1.44B, missing estimates, as winning bets and promotions weighed on results. Guidance held; handle up 15%.