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ARKR Stock Up Despite Q2 Earnings Decline, Legal Costs Dampen Results
ZACKS· 2025-05-16 18:21
Shares of Ark Restaurants Corp. (ARKR) have gained 1.3% since the company reported its earnings for the quarter ended March 29, 2025. This underperformed the broader S&P 500 Index, which advanced 4.6% over the same period. However, the stock’s performance over the past month has been notably strong, surging 34.1%, handily outpacing the S&P 500’s 11.8% increase.Quarterly Financial OverviewFor the second quarter of fiscal 2025, Ark Restaurants posted total revenues of $39.7 million, down 5.9% from $42.3 milli ...
Optex Stock Up 19% on Q2 Earnings Rise Y/Y on Periscope Demand
ZACKS· 2025-05-16 18:21
Shares of Optex Systems Holdings, Inc. (OPXS) have gained 19.1% since the company reported its earnings for the quarter ended March 30, 2025, notably outpacing the S&P 500’s 1% change in the same period. Over the past month, OPXS stock has surged 42.9%, significantly outperforming the S&P 500’s 11.4% rise, reflecting strong investor enthusiasm in response to robust quarterly results and management commentary.For the fiscal second quarter ended March 30, 2025, Optex reported earnings per share of 26 cents co ...
Can SIMO's Cutting-Edge Solutions Solicit Customer Interests?
ZACKS· 2025-05-16 18:21
Silicon Motion Technology Corporation (SIMO) is set to showcase its next generation product suite, including two new Solid State Drive (SSD) controllers, SM2504XT and SM2324, at the upcoming Computex 2025, which will be held from May 20 to May 23 in Taipei, Taiwan. These innovations underscore Silicon Motion's leadership in designing flexible, energy-efficient, high-performance SSD solutions for AI PCs, gaming systems, and portable devices.How Do These Innovations Buoy SIMO?One of the key highlights of Sili ...
United Homes Stock Declines Post Q1 Earnings Amid Slower Closings
ZACKS· 2025-05-16 18:21
Shares of United Homes Group, Inc. (UHG) have lost 10.8% since the company reported its earnings for the quarter ended March 31, 2025. This contrasts with the S&P 500 Index’s 0.6% gain over the same period. Over the past month, UHG stock has plunged 17.2%, underperforming the S&P 500, which recorded an 11.8% gain.Revenue and Earnings OverviewFor the first quarter of 2025, UHG posted revenues of $87 million, down 13.7% from $100.8 million in the year-ago period. This decline was primarily due to an 18.9% yea ...
EQNR's North Sea Wells Indicate Strong Potential for Carbon Storage
ZACKS· 2025-05-16 18:21
Equinor ASA (EQNR) , a Norwegian integrated energy company, has drilled two wells, namely 32/7-1 and 32/4-4, in the North Sea. The appraisal wells are located approximately 20 kilometers to the east of the Troll platform. Equinor Low Carbon Solutions, a division of Equinor, mentioned that the drilling results show signs that the reservoir is well-suited for injecting and storing carbon dioxide (CO2).Equinor used the DeepSea Stavanger drilling rig to conduct drilling operations. DeepSea Stavanger, part of Od ...
Rocket Lab Wins NASA Contract: How Should an Investor Play the Stock?
ZACKS· 2025-05-16 18:21
Rocket Lab USA, Inc. (RKLB) has recently secured a major NASA contract to launch the Aspera astrophysics mission in early 2026, reinforcing its position as a trusted partner in advanced space science. Aspera will explore the intergalactic medium (hot gas between galaxies) using ultraviolet light, potentially unlocking new insights into the origins of stars, planets and life itself. The mission, set to be launched aboard Rocket Lab’s Electron rocket from Launch Complex 1, marks NASA’s first astrophysics miss ...
Eni's Renewable Arm Plenitude Attracts Investment Interest From Ares
ZACKS· 2025-05-16 18:21
Eni S.p.A (E) , an Italian multi-energy company, has announced that it is exploring the sale of a 20% stake in its renewable and retail business Plenitude. The company has engaged in exclusive discussions with Ares Alternative Credit Management, a leading global alternative investment manager. The deal is part of Eni’s “satellite” strategy, which focuses on creating specialized business units in the low-carbon energy space or upstream projects. These units are structured to attract investments from external ...
Apple Pay services resolved after outage, company says
CNBC· 2025-05-16 18:20
Apple users experienced problems with a range of the company's payment features on Friday.Wallet and Apple Pay were the last payment issues to be resolved, according to the company's support site. Earlier in the day, nearly 3,000 users reported issues with Apple Pay, according to Downdetector, a website that tracks outages.Some users were also experiencing problems with Apple Card and Apple Cash, but those outages were resolved earlier, the support site said.CNBC has reached out to Apple for comment. ...
FTAI Aviation: Strategic Transition To A Modular, Margin-Focused Model
Seeking Alpha· 2025-05-16 18:18
FTAI Aviation Ltd. (NASDAQ: FTAI ) is an interesting player in the aviation leasing and care market, which has transformed its business model in the last few years. Initially founded as part of the investment fund Fortress, the company decided toI am a passionate investor and financial advisor with a strong focus on equity markets, particularly growth and small-cap stocks. With a background in finance and upcoming master’s degree in the field, I combine practical experience with a solid academic foundation ...
These Analysts Cut Their Forecasts On Alibaba After Q4 Results
Benzinga· 2025-05-16 18:16
Alibaba Group Holding BABA reported downbeat sales for its fiscal fourth quarter on Thursday.The Jack Ma co-founded e-commerce giant reported quarterly revenue growth of 7% year-on-year to $32.58 billion, missing the analyst consensus estimate of $33.08 billion. It clocked an adjusted earnings per ADS of $1.73, which beat the analyst consensus estimate of $1.48. Adjusted net income rose 22% Y/Y to $4.11 billion.International commerce retail business revenue grew by 24% to $3.80 billion, primarily driven by ...