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News Archive

May 8, 2026Connected
8 storiesLast updated: 3:45:13 AM

Stocks

StocksBullishUpdated

Pinterest Completes Massive $2B Share Buyback, Reducing Share Count by 16%

Key Facts

  • •Pinterest completed a $2B share buyback, retiring 109M shares at an average price of $18.
  • •The buyback program reduced the company's total share count by 16%.
  • •The company reported Q1 revenue of $1B, representing a 17% year-over-year increase.
Impact:
6/10
PINS
5 months ago

Mergers & Acquisitions

Mergers & AcquisitionsNeutralUpdated

Billionaire James Packer to Acquire Minority Stake in OnlyFans via Architect Capital

Key Facts

  • •Australian billionaire James Packer is set to invest funds into an Architect Capital SPV taking a minority stake in OnlyFans.
Impact:
4/10
5 months ago

Macro Economy

Macro EconomyNeutralUpdated

UK Government to Renationalize GWR Train Operator in Major Policy Shift

Key Facts

  • •GWR, which operates trains between London and South Wales, will come under government control within months.
Impact:
4/10
5 months ago
StocksBearishUpdated

Planet Fitness Shares Plunge to Record Lows After Sharp Guidance Cut

Key Facts

  • •Planet Fitness suffered a record drop after weak Q1 results and a significant full-year guidance cut.
  • •Guidance was sharply reduced with same-store sales growth cut to 1% and adjusted EPS growth to 4%.
Impact:
6/10
PLNT
5 months ago
StocksBullish

Power Integrations Appoints New Sales Chief and Reports Q1 Revenue Growth

Key Facts

  • •Power Integrations appointed Mike Balow as Senior Vice President of Worldwide Sales effective May 4, 2026.
  • •The company reported Q1 2026 revenue of $108.3 million, a 5% sequential increase.
  • •The company projects Q2 revenue to be between $115 million and $120 million.
Impact:
5/10
POWI
5 months ago
StocksMixedUpdated×2

Mixed Q1 Earnings for Applied Optoelectronics and Republic Services

Key Facts

  • •Applied Optoelectronics reported a Q1 adjusted loss of $0.07 per share, wider than the FactSet estimate of a $0.05 loss.
  • •Republic Services posted Q1 adjusted EPS of $1.70 per share, surpassing the FactSet estimate of $1.64.
Impact:
5/10
AAOIRSG
5 months ago
StocksBullish

Peloton Signals Financial Turnaround with Strong Q3 Margins and Improved Cash Flow

Key Facts

  • •Peloton delivered Q3 revenue of $631M with a gross margin of 51.9%.
  • •Subscriber churn normalized to 1.2% alongside significant free cash flow improvement.
  • •Management plans to refinance high-interest debt and is considering buybacks or M&A.
Impact:
5/10
PTON
5 months ago
StocksMixedUpdated

Koppers Announces Conditional Plan to Halt Operations at Stickney Facility

Key Facts

  • •Koppers Holdings Inc. has made a conditional decision to discontinue distillation and chemical manufacturing operations at its Stickney, Illinois facility.
  • •The decision was driven by challenging market conditions, including operating costs outpacing pricing and reduced raw material supply from North American steel manufacturers.
  • •The conditional decision would impact approximately 85 employees and is subject to negotiations and consultation with the representing union.
Impact:
4/10
KOP
5 months ago