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We checked out Tesla's supervised, invite-only robotaxi launch. Here's what we saw
CNBC· 2025-06-27 12:00
Tesla's June launch of its long-awaited "robotaxi" requires a lot of qualifiers: it was supervised, open only to a few invitees and included somewhere between 10-20 vehicles.The stock jumped 8% the day after the launch, and some participants and observers called it a success. The shares have largely given back that gain since then."I thought it was extremely smooth. Everything we saw," said Wedbush analyst Dan Ives. "Not just from a safety perspective. Maneuverability was way impressive. I thought actually ...
PriceSmart Announces Change to Previously Scheduled Conference Call
Prnewswire· 2025-06-27 12:00
SAN DIEGO, June 27, 2025 /PRNewswire/ -- PriceSmart, Inc. (the "Company") (NASDAQ: PSMT) today announced that it will hold its conference call related to its financial results for the third quarter of fiscal year 2025 on Monday, July 14, 2025, rather than Friday, July 11, 2025 as previously announced due to a scheduling conflict. The call will be held at 12:00 p.m. Eastern time (9:00 a.m. Pacific time) on Monday, July 14. Individuals interested in participating in the conference call may do so by dialing to ...
Cineverse Reports Fourth Quarter and Fiscal Year 2025 Results
Prnewswire· 2025-06-27 12:00
Total Revenue of $15.6 Million, a $5.7 Million or 58% Increase over Prior Year QuarterNet income of $0.9 Million, a $15.5 Million Increase over Prior Year QuarterAdjusted EBITDA of $4.0 Million, a $2.4 Million or 158% Increase over Prior Year QuarterTotal Fourth Quarter Direct Operating Margin of 55%LOS ANGELES, June 27, 2025 /PRNewswire/ -- Cineverse Corp. ("Cineverse" or the "Company") (NASDAQ: CNVS), a global streaming technology and entertainment company, today announced its financial results for its fo ...
VNET Raises Full Year 2025 Revenue and Adjusted EBITDA Guidance
Prnewswire· 2025-06-27 12:00
BEIJING, June 27, 2025 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced that the Company has increased its total net revenues and adjusted EBITDA (non-GAAP) guidance for the full year 2025."We were very pleased to deliver an impressive first quarter results, demonstrating sustained operating and financial momentum underpinned by strong strategic execution," said Qiyu Wang, Chief Fi ...
MASIMO CORPORATION INVESTIGATION ALERT: Johnson Fistel, PLLP Investigates Potential Breach of Fiduciary Duties by Masimo Officers and Directors
GlobeNewswire News Room· 2025-06-27 11:56
SAN DIEGO, June 27, 2025 (GLOBE NEWSWIRE) -- Leading shareholder rights law firm Johnson Fistel, PLLP announces an investigation into potential breaches of fiduciary duties by current and former directors and officers of Masimo Corporation (NASDAQ: MASI). The investigation centers on whether Masimo’s leadership failed to uphold their responsibilities to shareholders and may have violated corporate governance obligations. Why Is Johnson Fistel Investigating Masimo Corporation?The investigation follows a cour ...
Tesla: The Next Month Could Make or Break the Year
MarketBeat· 2025-06-27 11:47
Tesla TodayTSLATesla$325.78 -1.77 (-0.54%) 52-Week Range$182.00▼$488.54P/E Ratio179.00Price Target$298.37Add to WatchlistAfter rallying more than 50% from April’s lows, Tesla Inc. NASDAQ: TSLA looks like it’s at a crossroads. The tech giant's shares are trading near $325, having given back much of the 10% gains it started the week with. While its bulls remain confident, the next few weeks could define how Tesla performs for the rest of the year and whether this latest rally becomes another breakout or simp ...
MercadoLibre Stock Is Up 50%—Buy, Hold, Or Sell?
Forbes· 2025-06-27 11:40
POLAND - 2024/11/24: In this photo illustration, the MercadoLibre company logo is seen displayed on ... More a smartphone screen. (Photo Illustration by Piotr Swat/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty Images MercadoLibre Inc (NASDAQ: MELI), frequently referred to as the “Amazon of Latin America,” runs the largest online marketplace in the region—and has consistently been increasing its market share for the last three years. Similar to Amazon (NASDAQ: AMZN) or eBay (NASD ...
How To Earn $500 A Month From Constellation Brands Stock Ahead Of Q1 Earnings
Benzinga· 2025-06-27 11:36
Constellation Brands, Inc. STZ will release earnings results for the first quarter after the closing bell on Tuesday, July 1.Analysts expect the company to report quarterly earnings at $3.29 per share, down from $3.57 per share in the year-ago period. Constellation Brands projects to report quarterly revenue at $2.56 billion, compared to $2.66 billion a year earlier, according to data from Benzinga Pro.On Thursday, Barclays analyst Lauren Lieberman maintained a Constellation Brands rating of Overweight and ...
Nike says Trump tariffs could cost it $1bn
Sky News· 2025-06-27 11:34
Core Insights - Nike's costs are projected to increase by $1 billion this year if current tariffs imposed by the US government remain unchanged [1] - The company plans to reduce its footwear production in China from 16% to a "high single digit" percentage, reallocating supply to other countries [2] - Nike reported its lowest quarterly revenue in over three years at $11.1 billion, attributed to challenges in direct-to-consumer sales and reliance on fashion trends [5] Financial Performance - Nike's revenue for the latest quarter was $11.1 billion, marking the lowest figure since Q3 2022 [5] - The company is facing price increases for consumers starting in the autumn due to tariffs [5] Management Insights - Nike's CEO Elliott Hill indicated that the worst impacts of the trade wars have already occurred, suggesting that challenges may begin to ease [9]
Jim Cramer Just Revealed 1 Oil Stock He Actually Wants To Own
Benzinga· 2025-06-27 11:32
On CNBC's “Mad Money Lightning Round,” Jim Cramer said he likes Marathon Petroleum Corporation MPC “very, very much,” adding that it is one of the few stocks in that group that he actually wants to own.Supporting his view, the company, on May 6, posted first-quarter total revenues and other income of $31.85 billion topping the consensus of $29.58 billion. Adjusted EPS loss stood at $(0.24), down from $2.58 a year earlier, beating the analyst consensus estimate of $(0.53).Cramer said, “I have seen these spec ...