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Veracyte Raises 2026 Guidance Following Strong Q1 Revenue and Cash Flow Growth

On May 28, Veracyte reported a 21% revenue growth in its Q1 2026 results. Non-GAAP gross margins expanded to 76%. Following strong cash generation, the company raised its 2026 guidance.

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VCYT

eDreams ODIGEO Posts Record 42% Profit Growth, Beating FY2026 Guidance

On May 28, eDreams ODIGEO reported a record adjusted net income of €72.9 million, representing a 42% increase. These results exceeded the FY2026 guidance.

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EDR

Boston Scientific Shares Plunge 12.5% on Weak Organic Growth Outlook

Boston Scientific shares fell by 12.53% on May 27 after the company reiterated its lackluster full-year organic growth guidance. This decline reflects investor concerns about the company's future performance.

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Pentagon Awards $9.7 Billion Software Contract to Microsoft and Dell

On May 27, the Pentagon announced a five-year agreement worth $9.69 billion to consolidate software licenses across military services. Dell won the contract after a competitive process to provide a suite of software to the U.S. Department of Defense. Dell shares rose 3% in premarket trading after the contract was awarded, and the company's market value has more than doubled this year.

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MSFTDELL

Major Canadian Banks Beat Q2 Estimates and Hike Dividends

Major Canadian banks, including BMO, Scotiabank, and National Bank of Canada, surpassed analyst profit expectations for the second quarter ending April 30. BMO reported a significant 34% year-over-year increase in net income to $2.63 billion. All three banks announced an increase in their quarterly dividend payments.

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F5 Shares Surge 56% This Year on Robust Institutional Inflows and Earnings

F5 shares have surged 56% this year, driven by strong institutional buying interest. On May 27, the company reported an 11% year-over-year revenue increase for the second fiscal quarter of 2026.

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FFIV

Gorilla Technology Surges as Q1 Revenue Jumps 55% and Full-Year Guidance Raised

Gorilla Technology saw a 55% increase in Q1 revenue, reaching $28.2 million, with positive operating cash flow of $6.6 million. The company also raised its full-year 2026 revenue guidance to between $160 million and $200 million. On June 3, Gorilla closed a $2 billion AI infrastructure deal in India with Supermicro, which includes the delivery of cards and networking equipment to support the Yotta AI project.

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GRRR

Skyline Champion Beats Estimates as Demand for Affordable Housing Surges

Skyline Champion reported quarterly earnings of $0.68 per share, beating the consensus estimate of $0.63. The company's revenue reached $621.28 million, marking a 4.6% increase from the prior-year period. The company sold a record 26,622 homes during its fiscal year amid high traditional housing prices.

SKY

Insulet Recalls 7 Million Omnipod Insulin Pumps Over Manufacturing Defects

Insulet Corporation recalled approximately 7 million Omnipod insulin pump pods due to a manufacturing defect causing insulin leakage. This recall was announced on May 26, raising concerns among users about the safety of the product.

PODD

Cameco EBITDA Surges 44% on Uranium Strength and Westinghouse Gains

Cameco's adjusted EBITDA surged 44% to CAD 509 million in Q1 2026, driven by strength in the uranium segment. On May 27, nuclear power startup Newcleo announced its plans to go public through a SPAC deal, valuing the developer at approximately $2.4 billion.

2 articles1 stories

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BP Ousts Chairman Albert Manifold Over Conduct Issues; Shares Plunge 9%

On May 26, BP's board of directors removed Chairman Albert Manifold with immediate effect following a unanimous vote. BP's London-listed shares fell by 9% after the news of the chairman's removal. The removal was triggered by issues related to governance standards, oversight, and conduct raised with the board.

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Outlook Therapeutics Wins FDA Appeal for Retinal Drug LYTENAVA

The U.S. FDA granted Outlook Therapeutics' appeal for the retinal drug LYTENAVA following a Formal Dispute Resolution process. The company plans to resubmit its biologics license application in June 2026. If approved, LYTENAVA would be the first FDA-approved ophthalmic formulation of bevacizumab with FDA-approved manufacturing and labeling.

5 articles5 stories

OTLK

Ferrari Unveils Luce: First EV Designed with Apple Visionary, Priced at $640,000

Ferrari unveiled the Luce model, the company's first fully electric vehicle, priced at $640,000. The electric car received a test drive from the Pope at Castel Gandolfo, but Ferrari's stock plunged 8.4% in Milan after critics claimed the car doesn't embody the Ferrari spirit. Meanwhile, Lamborghini CEO Stephan Winkelmann stated that the company's decision to cancel its all-electric vehicle plans was the right choice.

2 articles1 stories

RACE

Spotify Shares Gain as Company Unveils Ambitious 2030 Targets and AI Tools

On May 25, Spotify announced ambitious targets for 2030, aiming for a gross margin of 35-40% and operating margins above 20%. This announcement led to a rise in the company's stock prices, reflecting investor confidence in its future strategy.

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SPOT

Asian Stocks Hit Record Highs on Hopes for US-Iran Ceasefire Extension

Asian stocks hit record highs on May 25, with Japan's Nikkei 225 Index rising 2.85% to 65,110 yen amid expectations of a 60-day ceasefire extension between the U.S. and Iran. South Korea's and India's indices also saw significant gains, reflecting investor optimism about peace talks. However, markets fell on May 28 following reports of new U.S. military strikes on Iran, leading to rising oil prices and investor concerns about escalating tensions.

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Enphase Energy Stock Surges 21% on Commercial Expansion and AI Data Center Strategy

Enphase Energy shares surged 21.1% on May 24 following the expansion of the PowerMatch software and the launch of the GaN-based IQ9S-3P commercial microinverters. This move reflects the company's strategy for market expansion and enhancing the use of artificial intelligence in data centers.

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Sandisk Hits Record Revenue on AI Surge and Massive Data Center Growth

On May 24, Sandisk reported Q3 revenue of $5.95 billion, exceeding previous guidance. Data center revenue surged 233% quarter-over-quarter to $1.467 billion. The company also secured $42 billion in contractual obligations, covering over one-third of the FY27 bit volume.

SNDK

Meta to Build $200 Billion AI Data Center in Louisiana Powered by Natural Gas

On May 23, Meta announced the construction of one of the world's largest AI data centers in Louisiana, valued at $200 billion. The project will require a total of 7.5 gigawatts of power, with 5 gigawatts allocated for computing, powered by 10 new natural gas plants.

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BrasilAgro Reports Q3 Operational Loss as Global Crop Prices Slump

BrasilAgro reported an operational loss in Q3 of fiscal year 2026, with a negative adjusted EBITDA of R$30 million. Revenues fell by 26% year-over-year driven by lower crop prices and sales volumes.

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Superdrug Owner AS Watson Targets $30bn Dual Listing in London and Hong Kong

AS Watson, the owner of Superdrug, plans to publicly trade shares in both Hong Kong and London before the end of 2026. The company aims to raise $30 billion through this dual listing.

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Water Ways Subsidiary Heartnut Grove Files for Bankruptcy Amid Restructuring

On May 22, Heartnut Grove WWT, a wholly-owned subsidiary of Water Ways, filed a voluntary assignment in bankruptcy in Canada. This decision comes amid the company's restructuring efforts.

3 articles1 stories

WWT

Wix.com Faces Legal Probe After 27% Stock Crash Wipes Out $1.1 Billion

Wix.com is facing a legal probe after its shares plummeted 27% in a single day, wiping out over $1.1 billion of its market capitalization. On the same day, the company reported a massive 46% year-over-year increase in operating expenses for Q1 2026. The $20.56 price drop has significant repercussions for the company.

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WIX

Deckers Outdoor Hits $5.47B Revenue Record on Strong HOKA and UGG Demand

Deckers Outdoor Corp reported record-breaking financial results for fiscal year 2026, with total revenue reaching $5.47 billion, the highest in the company's history. The strong performance was driven by robust consumer demand for its flagship brands, HOKA and UGG. Diluted earnings per share came in at $7.02, reflecting solid profitability alongside the revenue milestone. These results underscore Deckers' growing strength in the global footwear and lifestyle market.