The board at FedEx has formally greenlit the spinoff of the company's freight division. The post FedEx board approves spinoff of LTL unit appeared first on FreightWaves.
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The board at FedEx has formally greenlit the spinoff of the company's freight division. The post FedEx board approves spinoff of LTL unit appeared first on FreightWaves.
Westwater Resources (AMEX:WWR) reported first-quarter financial results on Wednesday. The transcript from the company's first-quarter earnings call has been provided below. This transcript is brought to you by Benzinga APIs. For real-time access to our entire catalog, please visit https://www.benzinga.com/apis/ for a consultation. The full earnings call is available at https://events.q4inc.com/attendee/265765325 Summary Westwater Resources Inc reported a net loss of approximately $4.7 million fo
i-80 Gold (AMEX:IAUX) released first-quarter financial results and hosted an earnings call on Wednesday. Read the complete transcript below. Benzinga APIs provide real-time access to earnings call transcripts and financial data. Visit https://www.benzinga.com/apis/ to learn more. View the webcast at https://app.webinar.net/YWEQaPqn3wA Summary I-80 Gold Corp reported a strong start to 2026, highlighting the completion of a $1 billion recapitalization that secures funding for phase one and two of
Algoma Steel Group (TSX:ASTL) released first-quarter financial results and hosted an earnings call on Wednesday. Read the complete transcript below. This content is powered by Benzinga APIs. For comprehensive financial data and transcripts, visit https://www.benzinga.com/apis/. Access the full call at https://edge.media-server.com/mmc/p/rj4i8f5c/ Summary Algoma Steel Group transitioned to a fully electric arc furnace (EAF) operation, halting blast furnace operations after 125 years. Adjusted EBI
Algoma Steel Group (NASDAQ:ASTL) released first-quarter financial results and hosted an earnings call on Wednesday. Read the complete transcript below. Benzinga APIs provide real-time access to earnings call transcripts and financial data. Visit https://www.benzinga.com/apis/ to learn more. View the webcast at https://edge.media-server.com/mmc/p/rj4i8f5c/ Summary Algoma Steel Group transitioned to a fully electric arc furnace (EAF) operation, permanently halting blast furnace operations in Janua
The stock market has produced some astonishing winners over the years, but what’s happening with Nvidia (NASDAQ:NVDA) feels different. Five years ago, Nvidia was still largely viewed as a high-end gaming graphics card maker with growing data center ambitions. Today, it sits at the center of the artificial intelligence economy — and increasingly, at the ... Nvidia Hits $5.5 Trillion — It’s Now Worth More Than the GDP of Every Country but the U.S. and China
On Wednesday, Valneva (NASDAQ:VALN) discussed first-quarter financial results during its earnings call. The full transcript is provided below. This transcript is brought to you by Benzinga APIs. For real-time access to our entire catalog, please visit https://www.benzinga.com/apis/ for a consultation. The full earnings call is available at https://edge.media-server.com/mmc/p/xbkzgkz7 Summary Valneva SE reported first-quarter revenues of approximately €30 million, with a decline from the previous
Mind Robotics, a spinout from Rivian, was valued at $3.4 billion in a new funding round, up from the $2 billion valuation it secured during its Series A raise in March, according to a source familiar with the matter. The industrial robotics startup has raised $400 million in the Kleiner Perkins-led round, bringing its total funding to more than $1 billion in less than a year. • New investors in the round include Meritech Capital, Redpoint Ventures, SV Angel, Incharge Capital, A-Star Capital, and Garuda Ventures.
Over the past six months, Kforce has been a great trade, beating the S&P 500 by 32.2%. Its stock price has climbed to $43.46, representing a healthy 39.3% increase. This was partly thanks to its solid quarterly results, and the run-up might have investors contemplating their next move.
Ledger has shelved plans for a New York public listing that had been reported at a valuation above $4 billion, with a private capital raise still on the table.
Palatin Techs (AMEX:PTN) held its third-quarter earnings conference call on Wednesday. Below is the complete transcript from the call. Benzinga APIs provide real-time access to earnings call transcripts and financial data. Visit https://www.benzinga.com/apis/ to learn more. Access the full call at https://www.webcaster5.com/Webcast/Page/2953/54002 Summary Palatin Techs reported $3.9 million in collaboration and license revenue for Q3 2026, marking an increase from no revenue in the prior year, p

US Treasury yields rose to their highest levels in 10 months as investors digested two hotter-than-expected inflation readings.
Buda Juice (AMEX:BUDA) held its first-quarter earnings conference call on Wednesday. Below is the complete transcript from the call. This transcript is brought to you by Benzinga APIs. For real-time access to our entire catalog, please visit https://www.benzinga.com/apis/ for a consultation. The full earnings call is available at https://events.q4inc.com/attendee/605302226 Summary Buda Juice reported a 17.7% year-over-year revenue growth for the first quarter of 2026, driven entirely by its exis
Peter Gundermann: Thanks, Debbie, and hello, everybody. In summary, the first quarter, we feel was a strong start to the year for Astronics. Revenue of $230 million was at the high end of our guided range and our second highest quarterly total ever, second only to the previous quarter, the fourth quarter of 2025.
(Bloomberg) -- Trading volume on Polymarket has declined for the first time in eight months, a setback that comes as its founder acknowledges missteps and its chief rival Kalshi Inc. continues to grow. Most Read from BloombergAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaNvidia’s CEO Joins Trump in China With AI in the SpotlightMamdani Scraps Property Tax Hike, Counts Second-Home RevenueInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyMonthly notional trading vo
Eos Energy Enterprises (NASDAQ:EOSE) reported a sharp year-over-year increase in first-quarter revenue and outlined a new project financing platform that management said is intended to accelerate adoption of its long-duration energy storage systems. The company generated $57 million in first-quarte
One of Wall Street's most closely watched semiconductor analysts just moved his price target ahead of an earnings report that could define how the AI chip trade is valued for the rest of the summer. The note he published does more than raise a number. It lays out a specific projection for one ...
Siemens AG (SIEGY) reports robust order growth and strategic advancements, despite facing geopolitical and market headwinds.
Mind Robotics, the startup founded by Rivian Chief Executive RJ Scaringe, raised an additional $400 million from investors on Wednesday, the latest bet on an AI-powered bot revolution in manufacturing. The startup has now raised more than $1 billion to pursue its plan to develop industrial robots for vehicle production and beyond. Mind Robotics, founded late last year, is teaming up with Rivian to train and deploy hundreds of smart robots in the carmaker’s factory in Normal, Ill., with the goal of eventually becoming a supplier to broader manufacturing sectors.
Micron wiped out roughly $100 billion in market value at Tuesday's low, and chip bulls still bought the dip.

Fervo Energy (FRVO) is making its Nasdaq debut on May 13, following its IPO that raised $1.89 billion. The company aims to deliver carbon-free power by accessing geothermal energy, utilizing drilling techniques from the oil and gas industries. Fervo Energy co-founder and CEO Tim Latimer speaks with Julie Hyman about the provider's geothermal projects and partnership with Google (GOOG, (GOOGL).
Aerospace and defense technology solutions provider Astronics Corporation (NASDAQ:ATRO) will be announcing earnings results this Tuesday after market hours. Here’s what you need to know.
SGU's Q2 earnings rise y/y, driven by colder weather, higher home heating oil and propane margins, and acquisitions.
Headline PPI month over month pole-vaulted to +1.4%, nearly 3x the +0.5% anticipated.
On Wednesday, Tecogen (AMEX:TGEN) discussed first-quarter financial results during its earnings call. The full transcript is provided below. This content is powered by Benzinga APIs. For comprehensive financial data and transcripts, visit https://www.benzinga.com/apis/. The full earnings call is available at https://event.choruscall.com/mediaframe/webcast.html?webcastid=8pPLOnGc Summary Tecogen reported a gross profit margin improvement to over 40% in Q1 2026, despite higher operating expenses d
(Bloomberg) -- President Donald Trump arrived in Beijing for the first state visit to China by a US leader in nine years, as the world’s two largest economies look to stabilize ties with a summit playing out against the backdrop of the Iran war.Most Read from BloombergAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaNvidia’s CEO Joins Trump in China With AI in the SpotlightMamdani Scraps Property Tax Hike, Counts Second-Home RevenueInside a Year of Chaos and Conflict at Kevin Hart

With Federal Reserve Chair Jerome Powell's term set to expire in a few short days, the Senate will be voting on Wednesday to confirm Kevin Warsh as the next head of the US central bank. What should the markets (^DJI, ^IXIC, ^GSPC) expect from a Warsh-led Fed and which sectors could benefit the most? Northwestern Mutual Wealth Management Company CIO Brent Schutte and Yahoo Finance Senior Reporters Brooke DiPalma and Ines Ferré examine the biggest obstacles that Warsh could face if confirmed to be the next Fed chairman.
Brazil is a politically divided country, but there's one thing that those on all sides of the political spectrum love: PIX, the country's instant payment system that allows users to pay for everything, from ice cream on the beach to clothes in a shopping mall and even a car. Unlike payment apps run by private banks, PIX is governed Brazil's Central Bank. “The best (payment method) is PIX, the most used,” said Luis Felipe de Almeida, a 21-year-old vendor of iced tea and cassava starch biscuits on Ipanema beach in Rio de Janeiro.
Michael Murray: Thank you very much, operator, and good morning to everyone, and welcome to our first quarter 2026 earnings call. The first quarter and subsequent weeks marks one of the most exciting stretches in Kopin's history. Today, I'll walk you through 3 areas: first, the Fabric.AI collaboration and the launch of our jointly developed Neural I/o optical interconnect technology for AI infrastructure.
Alan Baratz: Good morning, everyone, and thank you for joining us. As quantum computing attracts increasing investor attention, the sector is generating significant excitement but also significant noise.