Defense stocks surged Thursday, erasing the prior session's losses, after President Donald Trump floated a sharp increase in U.S. military spending that caught Wall Street's attention. Trump said the federal military budget could rise from the Congress-approved $900 billion to…
Wall Street's biggest real estate investors suffered a heavy slump on Wednesday after President Donald Trump vowed to crack down on large institutional buyers of single-family homes. Shares of Blackstone Inc. (NYSE:BX), one of the largest owners of U.S. residential…
Datavault AI Inc. (NASDAQ:DVLT) on Thursday said it has expanded its collaboration with International Business Machines Corporation (NYSE:IBM) to deliver enterprise-grade artificial intelligence at the edge in New York and Philadelphia, using its SanQtum AI platform. Details SanQtum AI is…
Astronics Corporation (NASDAQ:ATRO) announced on Thursday that its preliminary fourth-quarter revenue exceeded its guidance range, concluding fiscal 2025 with momentum as aerospace and defense demand remained strong. Q4 Beat And 2025 Snapshot Astronics estimated its fourth-quarter revenue to be between…
Once a poster child of the Zero Trust boom, Zscaler Inc (NASDAQ:ZS) is no longer trading like a market darling. The NASDAQ-100 cybersecurity stock is sitting roughly 30% below its all-time high, with the recent Death Cross underscoring how far…
SKYX Platforms Corp. (NASDAQ:SKYX) announced on Thursday a strategic move into Nvidia Corporation’s (NASDAQ:NVDA) artificial intelligence ecosystem. The smart home technology firm said it joined Nvidia’s Connect Program to support development of its ceiling-based automation platform. SKYX gained access to…
Snowflake Inc. (NYSE:SNOW) announced plans to acquire Observe on Thursday, aiming to embed AI-powered observability into its AI Data Cloud and expand its footprint in IT operations management. The deal follows earlier reports that Snowflake had been in advanced talks…
Helen of Troy Limited (NASDAQ:HELE) stock tumbled Thursday after the consumer products company reported weaker profitability and lowered its fiscal 2026 earnings outlook, despite revenue topping expectations. The company reported third-quarter adjusted earnings per share of $1.71, in line with…
RPM International Inc. (NYSE:RPM) stock fell Thursday after the company reported worse-than-expected second-quarter fiscal 2026 results. Details The company reported record sales of $1.91 billion, up 3.5% year over year (Y/Y) and missing the $1.928 billion estimate. Sales reflected a 0.5% organic decline, 3.4% growth from…
TD SYNNEX Corporation (NYSE:SNX) impresses with robust earnings growth and investor-friendly moves, setting a strong tone for fiscal 2026. Earrnings On Thursday, information technology services provider TD SYNNEX reported fourth-quarter revenue of $17.4 billion, which surpassed the analysts’ expectations of $16.9 billion and also marked…