Primoris Services Corporation's stock dropped more than 40% on May 6, 2026, following a disappointing Q1 earnings report and a significant reduction in full-year adjusted EBITDA guidance from $560-$580 million to $480-$500 million. The company cited lower renewable energy activity, project delays, and rising costs as reasons for the cut, contradicting earlier optimistic statements about renewables margins. Block & Leviton LLP has initiated an investigation into potential securities law violations by Primoris and is encouraging affected investors to contact them for possible recovery of losses. Investors who purchased Primoris stock and experienced losses may be eligible for legal action, regardless of whether they have sold their shares.
Actuate Therapeutics presented data at ASCO 2026 showing that elraglusib, combined with gemcitabine/Abraxane or FOLFIRINOX, significantly improves median overall survival in patients with metastatic pancreatic ductal adenocarcinoma, especially those ...
Kinross Gold Corporation published its 2025 Sustainability Report showcasing its commitment to responsible mining through significant economic contributions of $4.9 billion to host countries and strong performance in environmental, social, and govern...
Hewlett Packard Enterprise (HPE) shares surged over 7% in premarket trading, reaching a new 52-week high as investors anticipate the company's Q2 earnings report due after market close on June 1. Analysts expect earnings per share of 54 cents, up 42%...
US stock futures rose following weekend US strikes in Iran targeting radar and command sites in response to aggressive Iranian actions, including the downing of a US drone. The S&P 500 ended May at a record high, supported by strong performances in t...
Auddia Inc. announced a 12-month partnership between its AI-driven Discovr Radio platform and Beatcave, Canada's leading independent music community. Discovr Radio becomes Beatcave's official membership partner, offering independent artists guarantee...
