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The Latest Breaking News from MarketBeat

Burlington Beat Earnings Estimates, But Not Investor Expectations

Burlington topped earnings and revenue estimates and raised its outlook, but shares fell sharply as investors appeared to want more.

MarketBeat · Jun 1

Palantir Stock Faces Technical Pressure Despite Strong AI Growth

Palantir stock remains under pressure in 2026, but strong AI growth, expanding margins, and enterprise adoption continue supporting the long-term bull case

MarketBeat · Jun 1

Sirius Real Estate H2 Earnings Call Highlights

Sirius Real Estate (LON:SRE) reported higher full-year funds from operations, rental income and dividends for the period ended March 31, 2026, as management said acquisitions and like-for-like rent roll growth offset macroeconomic pressure in the U.K. and Europe. Group Chief Executive Officer Andre

MarketBeat · Jun 1

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NVIDIA Says “Useful AI Has Arrived” as Vera Rubin Enters Full Production

NVIDIA (NASDAQ:NVDA) Founder and CEO Jensen Huang used a keynote in Taiwan to outline the company’s next phase of growth around agentic AI, AI factories, new data center systems, enterprise software tools, personal computers and robotics. Speaking at GTC Taiwan, Huang repeatedly credited Taiwan’s s

MarketBeat · Jun 1

Legend Biotech Conference Spotlights CARVYKTI’s Curative Potential, Earlier Use

Legend Biotech (NASDAQ:LEGN) used an investor and analyst event to highlight long-term data and physician perspectives supporting broader use of CARVYKTI, its BCMA-directed CAR T-cell therapy for multiple myeloma developed, manufactured and co-promoted with Johnson & Johnson. Chief Executive Of

MarketBeat · Jun 1

Cango Q1 Earnings Call Highlights

Cango (NYSE:CANG) reported first-quarter 2026 revenue of approximately $102 million, driven primarily by its Bitcoin mining business, as management said the company is prioritizing cost discipline and cash flow resilience over hash rate scale during a period of industry adjustment. Chief Executive

MarketBeat · Jun 1

GRAIL’s Galleri Test Cuts Stage 4 Cancer Diagnoses in Study Despite Missed Endpoint

GRAIL (NASDAQ:GRAL) said new data presented at the American Society of Clinical Oncology annual meeting showed its Galleri multi-cancer early detection blood test can identify more cancers through screening and reduce stage 4 diagnoses, though the company confirmed that a primary endpoint in its lar

MarketBeat · Jun 1

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Phillips Edison & Company Says Grocery-Anchored Demand Is Strong, Deals Active

Phillips Edison & Company, Inc. (NASDAQ:PECO) executives said demand for grocery-anchored shopping centers remains strong following the company’s meetings at ICSC Las Vegas, citing robust retailer expansion plans, limited supply and continued opportunities for acquisitions. During an ICSC recap

MarketBeat · Jun 1

Oculis Shelves FDA Filing After Phase 3 DME Trials Miss Key Vision Goals

Oculis (NASDAQ:OCS) said its two Phase 3 DIAMOND trials of OCS-01 in diabetic macular edema did not meet their primary endpoints, and the company does not currently plan to pursue a U.S. Food and Drug Administration filing for the drug candidate in that indication. Chief Executive Officer Riad Sher

MarketBeat · May 31

OceanFirst Financial Shareholders Approve All Proposals as Flushing Deal Shapes Growth

OceanFirst Financial (NASDAQ:OCFC) shareholders approved all proposals presented at the company’s 2026 annual meeting, including the election of 13 directors, an advisory vote on executive compensation, the company’s 2026 Stock Incentive Plan and the ratification of Deloitte & Touche LLP as inde

MarketBeat · May 31

Nextpower Bets on Battery Storage, AI Data Centers With $365M Prevalon Deal

Nextpower (NASDAQ:NXT) said it has entered into a definitive agreement to acquire Prevalon Energy, a utility-scale battery energy storage systems provider, in a transaction the company said would expand its platform beyond solar into storage, controls, software and lifecycle services. Founder and C

MarketBeat · May 31

Glencore AGM Spotlights Copper Growth, Buybacks as Safety and Labor Concerns Loom

Glencore (LON:GLEN) executives used the company’s annual general meeting to emphasize safety, copper growth plans, shareholder returns and the role of its marketing business, while facing shareholder and stakeholder questions on labor relations, mine closures and tailings safety. Kalidas Madhavpedd

MarketBeat · May 31

NXP Semiconductors Turns More Optimistic as Auto Demand and Data Center Sales Improve

NXP Semiconductors (NASDAQ:NXPI) is seeing a more constructive demand environment than it did several months ago, particularly in automotive, Executive Vice President of Investor Relations Jeff Palmer said at TD Cowen’s Technology, Media & Telecom Conference. Speaking with TD Cowen semiconducto

MarketBeat · May 31

These 3 CLO ETFs Target a Niche Corner of the Fixed-Income Market

CLOs may seem intimidating to retail investors, but these ETFs make these complex debt products accessible while helping to boost diversification.

MarketBeat · May 31

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MarketBeat · May 31

3 Ways to Play the Data Center Land Grab

REITs owning and operating data centers stand to benefit tremendously from fast-growing AI demand, and Equinix and Digital Realty Trust are at the top.

MarketBeat · May 31

The Smarter Way to Invest in AI Without Taking Extreme Risk

Retail investors already have AI exposure through index funds. Learn how to build a smarter AI investing strategy with stocks and ETFs

MarketBeat · May 31

3 Dividend Kings That Earn Their Crown Every Quarter

These 3 Dividend Kings combine decades of dividend growth with strong fundamentals, recession resistance, and long-term income potential

MarketBeat · May 31

5 Under-the-Radar AI Stocks to Watch in June

AI-focused small cap tech in well-positioned to benefit from summer tailwinds, these stocks are on track for double-digit gains this year.

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MarketBeat · May 31

5 Best Growth Stocks for the Next 10 Years

These 5 long-term growth stocks could benefit from AI, cybersecurity, GLP-1 drugs, and fintech trends over the next decade

MarketBeat · May 31

Match Group Says Tinder Turnaround Is Gaining Traction as Hinge Growth Stays Strong

Match Group (NASDAQ:MTCH) Chief Financial Officer Steven Bailey said Tinder is showing signs that recent product and marketing changes are beginning to translate into stronger user trends and better financial metrics. Speaking at an investor conference, Bailey said the company’s thesis for improvin

MarketBeat · May 31

MannKind Wins FDA Approval for Afrezza in Children, Opening Pediatric Diabetes Market

MannKind (NASDAQ:MNKD) said the U.S. Food and Drug Administration has approved Afrezza for pediatric patients with diabetes ages 6 and older, expanding the inhaled mealtime insulin’s label into children and adolescents. Chief Executive Officer Michael Castagna called the decision “a truly historic

MarketBeat · May 31

Meta Platforms Investors Reject Proposals as Zuckerberg Bets Big on AI

Meta Platforms (NASDAQ:META) shareholders rejected a slate of outside investor proposals at the company’s 2026 annual meeting, while Chairman and CEO Mark Zuckerberg outlined what he described as four major opportunities tied to artificial intelligence: improving Meta’s core apps and advertising, pe

MarketBeat · May 31

Microchip Technology Says Inventory Slump Is Nearing End as Data Center Wins Build

Microchip Technology (NASDAQ:MCHP) executives said the company is nearing the end of a prolonged inventory correction while positioning for growth tied to data centers, aerospace and defense, automotive systems and industrial markets. Speaking at TD Cowen’s 54th annual TMT conference, President and

MarketBeat · May 30

Marathon Digital Bets Its Bitcoin Mining Power Assets Can Fuel AI Data Center Growth

Marathon Digital (NASDAQ:MARA) Chairman and Chief Executive Officer Fred Thiel said the company’s push into AI and high-performance computing infrastructure has been a multiyear process built on its experience aggregating low-cost power and data center capacity for bitcoin mining. Speaking at TD Co

MarketBeat · May 30

Lam Research CEO Sees AI Fueling $140 Billion Chip Equipment Boom

Lam Research (NASDAQ:LRCX) President and CEO Tim Archer said AI demand is reshaping the semiconductor equipment market across logic, memory, storage and packaging, creating what Bernstein analyst Stacy Rasgon described as a “renaissance” for wafer fab equipment. Speaking at a Bernstein conference,

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