Shares of GameStop Corp GME are falling Thursday after the company announced plans for a private offering. What To Know: GameStop said it intends to offer $1.75 billion of 0.00% Convertible Senior Notes due 2032 to institutional buyers. The company also plans to grant the initial purchasers a 13-day window to buy up to an additional
GameStop Corp GME reported financial results for the first quarter of fiscal 2025 after the market close on Tuesday. Here’s a rundown of the video game retailer’s report. Q1 Earnings: GameStop reported first-quarter revenue of $732.4 million, missing analyst estimates of $754.24 million. The company reported first-quarter adjusted earnings of 17 cents per share, beating analyst estimates
HC Wainwright upgraded Kyverna Therapeutics Inc. KYTX, citing three upcoming data sets through mid-2025. In its first quarter 2025 earnings released, the company highlighted: Enrollment is complete in the registrational Phase 2 KYV-101 trial for stiff person syndrome (SPS). The trial is on track for topline data and a biologics license application (BLA) filing is
Titan Machinery TITN is preparing to release its quarterly earnings on Thursday, 2025-05-22. Here’s a brief overview of what investors should keep in mind before the announcement. Analysts expect Titan Machinery to report an earnings per share (EPS) of $-0.88. The announcement from Titan Machinery is eagerly anticipated, with investors seeking news of surpassing estimates
Oklo Inc OKLO reported financial results for the first quarter after the market close on Tuesday. Here’s a rundown of the nuclear company’s report. Q1 Earnings: Nuclear startup Oklo reported a first-quarter loss of seven cents per share, improved from a loss of 34 cents per share in the prior year’s quarter, according to Benzinga
Geely Automobile Holdings GELYF announced that the company will share its battery safety patents at the Shanghai Auto Show. What Happened: The Chinese automaker revealed on Wednesday the “Geely Global Safety Center,” which the company says is the world’s largest standalone safety lab. It also unveiled a new battery brand dubbed the “Geely Golden Short
The U.S. Food and Drug Administration (FDA) on Thursday issued a Complete Response Letter for Aldeyra Therapeutics, Inc.’s ALDX resubmission of the New Drug Application (NDA) of reproxalap, an investigational drug candidate, for dry eye disease. The FDA stated that the NDA “failed to demonstrate efficacy in adequate and well-controlled studies in treating ocular symptoms associated
BofA Securities analyst Lawson Winder discussed the performance of gold price last week and where it is headed. Gold prices have exceeded the analyst’s long-term target of $3,000 per ounce, with the analyst suggesting a potential rise to $3,500 if investment demand grows by 10%. China’s insurance sector could allocate up to 1% of its
Prominent short seller Jim Chanos has raised questions about Nvidia Corp. NVDA amid reports of the company’s potential acquisition of Lepton AI, a server rental startup. What Happened: Chanos wrote on the social media platform X that attempting to buy out resellers could signal deeper financial complications. “Trying to buyout your resellers is usually a
Tesla Inc.’s TSLA Cybertruck vehicles are reportedly piling outside the company’s gigafactory in Texas and collecting dust, forcing the company to resort to aggressive discounting. What Happened: According to a report by Forbes, the company’s inventory for the trucks is piling up owing to lower-than-expected sales. Tesla’s inventory in the U.S. still has model year