News Corp. reported strong fiscal Q4 2026 results with adjusted earnings of $0.35 per share and revenue of $2.34 billion, both beating analyst expectations. Net income from continuing operations surged 167% to $230 million, driven by its Digital Real Estate Services, Book Publishing, and Dow Jones segments. Morgan Stanley maintained an "Overweight" rating and raised the price target from $34 to $35, signaling confidence in the company's future growth. This positive outlook reflects News Corp.'s record profitability and robust market position as a leading media conglomerate.
D-Wave Quantum reported Q2 revenue of $3.08 million, missing estimates of $4.08 million, and posted a wider adjusted loss per share of $0.13. The company's operating loss increased to $53.30 million due to investments in product development and comme...
Morgan Stanley maintained an Overweight rating on Warner Music Group (WMG) with a revised price target of $36, down from $39, reflecting confidence in the stock's growth potential. WMG reported a 9% increase in total revenue and a 15% rise in Adjuste...
Zai Lab Limited reported a second-quarter earnings per share (EPS) of -$0.46, beating analyst expectations of -$0.57 by 19.3%. However, its quarterly revenue fell 3.3% year-over-year to $106.31 million, slightly missing estimates. The company remains...
Ellington Financial Inc. is set to report its Q2 2026 earnings with analysts forecasting an EPS of $0.46 and revenue of $114.59 million. Revenue is expected to rise year-over-year, driven by its investment portfolio and Longbridge unit focused on rev...
AZIO AI Holdings has entered an agreement to purchase up to 128 NVIDIA HGX B300 GPU systems, valued at approximately $77 million, to address the growing shortage of AI compute infrastructure. This deal follows an earlier hosting agreement with Power ...
