(Snowflake) Snowflake stock fell more than 22% on Thursday despite reporting a 101% jump in the fourth quarter of 2022 revenue which hit $383.8 million. The company reported product revenue…
(Next Games) Shares of Next Games rose 119% on Wednesday after confirming a $72 million acquisition deal by streaming giant Netflix. Netflix is expected to pay 2.10 euros or $2.33…
(Adagene) Shares of Adagene Inc. rose more than 15% on Wednesday after a license agreement with Sanofi that will see the company earn up to $2.5 billion, plus royalties. The…
(Ford) Ford Motors is reorganizing its operations by separating electric and internal combustion businesses into distinct units to unlock value. The move by Ford is geared towards scaling its electric…
(AMC) AMC Entertainment Holdings reported total revenue of $1.172 billion in the fourth quarter of 2021, up from $162.5 million in the prior year. For FY21, AMC revenues were $2.53…
(SoFi) Shares of SoFi Technologies rose more than 18% on Wednesday after reporting an adjusted record net revenue of $279.88 million in Q4 2021, up 54% from the previous year. …
(Xpeng) Chinese electric vehicle maker Xpeng Inc. delivered 6,225 vehicles in February, representing a year-over-year increase of 180%. The deliveries in February consisted of 3,537 P7 smart sport sedans, 2,059…
(Li Auto) Shares of Li Auto Inc. rose more than 10% on Tuesday after the company reported 8,414 vehicle deliveries in February, an increase of 265.8% from the prior year.…
(Novavax) Shares of Novavax Inc. dropped by more than 7% on Tuesday after reporting a revenue of $222 million in the fourth quarter of 2021, compared to $280 million in…
(Zoom) Zoom Video Communications posted total revenue of $1.0714 billion in the fourth quarter of 2022, an increase of 21% from the prior year. For FY22, the revenue was reported…
(Chevron) Shares of Renewable Energy Group Inc. rose more than 38% on Monday on news of a $3.15 billion acquisition by Chevron Corporation. The all-cash transaction values Renewable Energy at…
(First Horizon) Shares of First Horizon Corporation rose more than 30% on Monday after announcing a $13.4 billion acquisition by TD Bank Group. The acquisition price represents an offer of…