Red Cat Holdings Inc (NASDAQ:RCAT) shares are surging Wednesday after the company announced an expansion of its multi-domain Family of Systems to maritime platforms. Red Cat is due to report earnings after the bell. Here’s what you need to know. What Happened: Red Cat introduced a new line of unmanned surface vessels, marking the company’s […]
Mark Cuban Slams Charlie Kirk Over Drug Price Debate, Says PBMs — Not Big Pharma
Mark Cuban, the billionaire entrepreneur, challenged Trump-supporter and political activist Charlie Kirk‘s stance on high drug prices, asserting that Pharmacy Benefit Managers (PBMs) are the main culprits, not Big Pharma. What Happened: Cuban criticized Kirk’s focus on Big Pharma as the primary driver of high drug prices. Instead, Cuban pointed to PBMs as the major offenders due to their […]
This Stock Signed Agreement with Topgolf
Toast, Inc. (NYSE:TOST) released its first-quarter results after Thursday’s closing bell. Here’s a look at the details in the report. The Details: Toast reported quarterly earnings of nine cents per share, which missed the Street estimate of 12 cents. Quarterly revenue came in at $1.34 billion, in line with the consensus estimate. The company also announced […]
Electronic Arts Analysts Increase Their Forecasts After Upbeat Results
Electronic Arts, Inc. (NASDAQ:EA) posted better-than-expected earnings for the fourth quarter on Tuesday. Electronic Arts reported quarterly earnings of $1.58 per share, which beat the analyst consensus estimate of $1.09. Quarterly revenue clocked in at $1.8 billion, beating the consensus estimate of $1.56 billion. “The incredible success of College Football and the enduring strength of […]
Meta, Google, Snap Set To Lose Billions In Ad Revenue From Chinese Sellers As Trump Closes De Minimis Exemptions: Report
Chinese online retailers Temu and Shein are grappling with the repercussions of a terminated tariff-free shipping loophole. The closure of this loophole has not only affected these retailers but has also impacted the digital advertising strategies of tech giants such as Meta Platforms Inc. (NASDAQ:META) and Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG). What Happened: With the closure of this loophole, Temu and Shein are now […]
Forecasts On Amazon Following Upbeat Q1 Results
Amazon.com Inc (NASDAQ:AMZN) reported stronger-than-expected first-quarter financial results after market close Thursday. Amazon.com reported first-quarter net sales of $155.7 billion, up 9% year-over-year. The net sales beat a Street consensus estimate of $155.04 billion according to data from Benzinga Pro. The company reported first-quarter earnings per share of $1.59, beating a Street consensus estimate of […]
Elon Musk’s xAI Faces Backlash In Memphis For Allegedly Running Methane Turbines Without Permits
Elon Musk‘s xAI is under fire in Memphis for deploying several methane gas turbines allegedly without permits at its supercomputer site. With growing public concern about air pollution and a lack of transparency about the operations, a crucial health department hearing is set to take place this Friday. What Happened: xAI set up operations at […]
Portage Biotech Stock Surges As It Prepares For Human Trial
Portage Biotech Inc. (NASDAQ:PRTG) stock traded higher on Monday, with a session volume of 4.49 million compared to the average of 1.2 million, according to data from Benzinga Pro. On Monday, the company reported confirmatory preclinical efficacy data for PORT-7 (TT-4), a selective adenosine A2B receptor inhibitor. The data will be presented at the American Association […]
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Red Cat Holdings Stock Is Ripping Higher Wednesday: What’s Going On?
May 14, 2025
Red Cat Holdings Inc (NASDAQ:RCAT) shares are surging Wednesday after the company announced an expansion of its multi-domain Family of Systems to maritime platforms. Red Cat is due to report earnings after the bell. Here’s what you need to know. What Happened: Red Cat introduced a new line of unmanned surface vessels, marking the company’s […]
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