Sebastian Murray Car at the Detroit Grand Prix Sebastian Murray Car at the Detroit Grand Prix Sebastian Murray Logo Shirt Sebastian Murray before the 2025 INDY NXT by Firestone Detroit Grand Prix Louis Foster Helmet Detroit Louis Foster Helmet with Sports.com Branding at the Detroit Grand Prix Callum Ilott Helmet and Car Lottery.com branded helmet worn by Callum Ilott DETROIT, June 02, 2025 (GLOBE NEWSWIRE) -- It was a weekend of milestones and resilience for Lottery.com Inc. (Nasdaq: LTRY, ...

DALLAS, June 02, 2025 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD), a designer, builder and operator of next-generation digital infrastructure for HPC applications, has entered into two approximately 15-year lease agreements with CoreWeave, the AI Hyperscaler™. Under the lease agreements, Applied Digital will deliver 250 megawatts (MW) of critical IT load to host CoreWeave's artificial intelligence (AI) and high-performance computing (HPC) infrastructure at its Ellendale, North Dakota dat ...

Core Viewpoint - Hyperscale Data, Inc. is strategically divesting non-core investments to focus on its data center business, particularly in developing its Michigan facility to support high-performance computing and AI applications [1][2][3]. Group 1: Financial Transactions - The company sold its minority equity interest in a privately held pharmaceutical company for gross proceeds of $4.65 million, having initially invested $1.5 million in the equity position [1]. - This transaction aligns with the company's strategy to concentrate capital and resources on its primary asset, a 617,000 square foot data center in Michigan [2]. Group 2: Data Center Development - The Michigan data center is being developed to support high-performance computing workloads, including AI applications [2]. - The company plans to expand the facility's power capacity from approximately 30 megawatts (MW) to 300 MW, with an additional 40 MW from a local natural gas utility, bringing the total expected capacity to approximately 340 MW [3]. Group 3: Future Plans - The company expects to divest its subsidiary Ault Capital Group, Inc. by December 31, 2025, focusing solely on data center operations and potentially continuing Bitcoin mining [7]. - The divestiture will occur through the exchange of Series F Preferred Stock for shares of Class A and Class B Common Stock of ACG, allowing stockholders to become shareholders of ACG upon completion [9].

Group 1 - The recent months have been challenging for shareholders of American Eagle Outfitters, indicating a significant decline in stock performance [1] - In late February, the company was identified as a 'buy' candidate based on its valuation and historical financial performance [1] Group 2 - Crude Value Insights provides an investing service focused on oil and natural gas, emphasizing cash flow and companies with growth potential [1] - Subscribers have access to a stock model account, detailed cash flow analyses of exploration and production firms, and live discussions about the sector [2]

Core Viewpoint - CSX Corporation is facing multiple challenges that have negatively impacted its investment appeal, including downward earnings revisions, poor stock performance, and operational issues [1][2][6]. Earnings Estimates - The Zacks Consensus Estimate for current-quarter earnings has decreased by 8.8% over the past 90 days, while the estimate for the current year has been revised down by 9.8%, indicating a lack of confidence from brokers [1]. - For the second quarter of 2025, CSX's earnings are expected to decline by 16.3% year over year, and for the full year 2025, a decline of 9.8% is anticipated [7]. Stock Performance - CSX shares have lost 14.2% in value over the past six months, significantly underperforming the transportation-rail industry, which saw a decline of 6.5% [2]. Zacks Rank and Style Score - CSX currently holds a Zacks Rank of 4 (Sell) and has a Value Score of D, reflecting its unattractiveness as an investment option [6]. Earnings Surprise History - The company has a disappointing earnings surprise history, missing the Zacks Consensus Estimate in three of the last four quarters, with an average miss of 3.13% [6]. Revenue Challenges - The soft coal market is a primary factor hurting CSX's prospects, with coal revenues falling by 27% year over year in Q1 2025 and coal volumes decreasing by 9% year over year [7]. Operational Issues - CSX is facing significant rail network challenges, including locomotive and crew shortages, which are likely to adversely affect service levels and operational efficiency [8]. Capital Expenditures - Elevated capital expenditures are a concern, with management expecting capex to be approximately $2.5 billion in 2025, adding to the company's financial pressures [9].

Viavi Solutions, Inc. (VIAV) recently announced that it is collaborating with 3-GIS, a prominent provider of fiber network design and management software, to enhance enterprises’ fiber fault detection capabilities. Fiber networks now serve as the backbone of data communications. As the industry moves toward adopting advanced AI and cloud-native applications, the role of high-quality fiber connections has become paramount. Any minor issues can significantly impact service quality, affecting the end-user expe ...

For the quarter ended March 2025, Red Robin (RRGB) reported revenue of $392.35 million, up 1% over the same period last year. EPS came in at $0.19, compared to -$0.80 in the year-ago quarter.The reported revenue represents a surprise of +1.28% over the Zacks Consensus Estimate of $387.4 million. With the consensus EPS estimate being -$0.57, the EPS surprise was +133.33%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street exp ...

Core Insights - Burlington Stores reported revenue of $2.5 billion for the quarter ended April 2025, reflecting a 6% increase year-over-year [1] - The company's EPS was $1.60, up from $1.42 in the same quarter last year, indicating a positive earnings performance [1] - Revenue fell short of the Zacks Consensus Estimate of $2.53 billion, resulting in a surprise of -1.19%, while EPS exceeded expectations by +12.68% [1] Financial Performance - The reported net sales of $2.50 billion represented a year-over-year change of +6.1% [4] - Other revenue was reported at $3.95 million, which was below the estimated $4.18 million, showing a decline of -6.9% compared to the previous year [4] - The number of stores at the end of the period remained stable at 1,115, matching analyst estimates [4] Market Performance - Shares of Burlington Stores have returned +6% over the past month, slightly underperforming the Zacks S&P 500 composite's +6.7% change [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]

Wall Street analysts expect Ollie's Bargain Outlet (OLLI) to post quarterly earnings of $0.70 per share in its upcoming report, which indicates a year-over-year decline of 4.1%. Revenues are expected to be $564.69 million, up 11% from the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Before a company reveals its earnings, it ...

The upcoming report from Dollar General (DG) is expected to reveal quarterly earnings of $1.47 per share, indicating a decline of 10.9% compared to the year-ago period. Analysts forecast revenues of $10.28 billion, representing an increase of 3.7% year over year.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Prior to a company's earnings announcement, ...