MongoDB jumps 15% after company boosts guidance, cites confidence in cloud-based database service
CNBC· 2025-06-05 13:33
MongoDB shares surged 15% after the software company surpassed fiscal first-quarter earnings expectations and raised its outlook, citing growing confidence in its cloud-based database service.Revenues hit $549 million during the period, jumping 22% from more than $450 million in the year-ago period. That topped a $528 million estimate from analysts polled by LSEG. Adjusted earnings per share reached $1.00, surpassing the 66 cents per share projected by analysts."We are confident in our position to drive pro ...
CaringBridge and DoorDash Partner for Two-Day Fundraising Match to Support Family Caregivers
Prnewswire· 2025-06-05 13:32
BLOOMINGTON, Minn. and SAN FRANCISCO, June 5, 2025 /PRNewswire/ -- CaringBridge, the nonprofit health communication platform, is partnering with DoorDash, the local commerce platform that connects people with their favorite businesses, to launch a special two-day fundraising match campaign on June 5th and 6th. During this time, DoorDash will match all donations made on www.caringbridge.org, up to $25,000. This campaign builds on DoorDash's ongoing support of CaringBridge and family caregivers. Through a par ...
Best Growth Stocks to Buy for June 5th
ZACKS· 2025-06-05 13:31
Here are three stocks with buy ranks and strong growth characteristics for investors to consider today June 5th:Strattec Security (STRT) This company which designs, develops, manufactures and markets mechanical locks, electro-mechanical locks and related products for automotive manufacturers with operations in the United States, Canada and Mexico, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 19.9% over the last 60 days.Strattec ...
Shareholders who lost money on UroGen Pharma Ltd. (NASDAQ: URGN) Should Contact Wolf Haldenstein
GlobeNewswire News Room· 2025-06-05 13:31
NEW YORK, June 05, 2025 (GLOBE NEWSWIRE) -- Wolf Haldenstein Adler Freeman & Herz LLP announces that a securities class action lawsuit has been filed against UroGen Pharma Ltd. (NASDAQ: URGN) (“UroGen” or the “Company”) The lawsuit is on behalf of individuals or entities that purchased or acquired UroGen Pharma Ltd. securities between July 27, 2023 and May 15, 2025 (the “Class Period”). PLEASE CLICK HERE TO JOIN THE CASE AND SUBMIT CONTACT INFORMATION Allegations The lawsuit alleges that during the Class Pe ...
Why Warren Buffett Doesn't Buy REITs, But I Do (With A Twist)
Seeking Alpha· 2025-06-05 13:30
Samuel Smith has a diverse background that includes being lead analyst and Vice President at several highly regarded dividend stock research firms and running his own dividend investing YouTube channel. He is a Professional Engineer and Project Management Professional and holds a B.S. in Civil Engineering & Mathematics from the United States Military Academy at West Point and has a Masters in Engineering from Texas A&M with a focus on applied mathematics and machine learning.Samuel leads the High Yield Inve ...
Reeflex Solutions Inc. Announces Market-Making Agreement
GlobeNewswire· 2025-06-05 13:30
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES CALGARY, Alberta, June 05, 2025 (GLOBE NEWSWIRE) -- Reeflex Solutions Inc. (TSXV: RFX) (“Reeflex” or the “Company”) is pleased to announce that, subject to TSX Venture Exchange approval, it has entered into an agreement with the Ventum Financial Corp. (“Ventum”) to provide market-making services in accordance with applicable TSX Venture Exchange policies. Pursuant to the agreement, Ventum will seek to maintain an orderl ...
High Roller Q2 2025 Business Update
GlobeNewswire· 2025-06-05 13:30
Company’s Strategic Plan Gains Traction As Organizational Changes Take Effect Las Vegas, Nevada, June 05, 2025 (GLOBE NEWSWIRE) -- High Roller Technologies (“High Roller” and the “Company”) (NYSE: ROLR), operator of award-winning premium online casino brands High Roller and Fruta, is today providing an update on its Second Quarter (“Q2 2025”) performance. Ben Clemes, Chief Executive Officer at High Roller Technologies, commented, “The first half of this year has been very important in laying the groundwork ...
RCL Stock Rises 18% in a Month: Should You Act Now or Hold Steady?
ZACKS· 2025-06-05 13:25
Key Takeaways RCL stock rose 17.8% in one month, outpacing both the S&P 500 and its industry peers. Booking strength, premium fleet additions, and tight cost control are driving margin and revenue growth. EPS estimates for 2025 rose to $15.36, signaling confidence despite macro and cost-related headwinds.Shares of Royal Caribbean Cruises Ltd. (RCL) have rallied 17.8% in the past month compared with the Zacks Leisure and Recreation Services industry’s 10.1% rise. Over the same timeframe, the stock has outp ...
Buy HPE Stock At $18?
Forbes· 2025-06-05 13:25
Core Insights - Hewlett Packard Enterprise (HPE) reported Q2 fiscal 2025 earnings of $0.38 per share on revenues of $7.6 billion, slightly exceeding analyst expectations of $0.33 and $7.5 billion respectively [2] - HPE revised its full-year revenue growth outlook to 7% to 9%, down from 7% to 11%, which contributed to stock price stagnation around $18 [2] - The stock is currently valued at 0.7 times its trailing revenues, lower than its three-year average price-to-sales (P/S) ratio of 0.8 [3] Financial Performance - HPE's Q2 results showed a year-over-year revenue growth of 6% and an Annualized Revenue Run Rate (ARR) of $2.2 billion, up 46% [5] - The adjusted gross margin decreased by 370 basis points year-over-year to 29.4%, while net income was impacted by a $1.4 billion non-cash impairment charge, resulting in a GAAP loss of $0.82 per share [6] - HPE's Q3 revenue forecast is between $8.2 billion and $8.5 billion, surpassing the consensus prediction of $8.17 billion [6] Growth Outlook - Analysts expect HPE's sales to grow by 8% this year and an additional 6% the following year, indicating a potential increase in valuation multiples [7] - The average price target for HPE is set at $21, suggesting an upside potential of over 15% from the current price [7] Strategic Initiatives - HPE is focusing on its edge-to-cloud platform transition, particularly through its GreenLake hybrid cloud solution, aimed at generating recurring income [9] - The partnership with NVIDIA for integrated AI computing solutions enhances HPE's competitive position against hyperscaler alternatives [9]
Kaldvík AS: Mandatory notifications of trade and share lending (Update)
GlobeNewswire· 2025-06-05 13:25
Frøya, Norway, 5 June 2025: Reference is made to the stock exchange announcement made by Kaldvík AS ("Kaldvík" or the "Company") earlier today (the "Announcement"), regarding the successful completion of a private placement (the "Private Placement") of new shares in the Company raising gross proceeds of approximately NOK 532 million, equal to approximately EUR 46.2 million. In connection with the Private Placement, the following transactions have been made by close associates of the Company's primary inside ...