Verint Systems (NASDAQ:VRNT) posted better-than-expected first-quarter results and reaffirmed its full-year guidance, sending its shares climbing on Thursday.
The company reported adjusted earnings per share of $0.29 on revenue of $208 million, beating Wall Street estimates of $0.13 and $194.6 million, respectively.
Shares of Tesla Inc (NASDAQ:TSLA) tumbled nearly 8.6% on Thursday afternoon, wiping out about $82 billion in market value, as investors reacted to a mix of political turmoil surrounding CEO Elon Musk and signs of deteriorating international sales.
The sharp drop extends a slide that began after hours on Wednesday, when the stock fell 3.5% following Musk’s outspoken criticism of a Republican-led spending bill.
Silver prices have soared to their highest levels in more than 13 years, surpassing $35 per ounce.
Late morning on Thursday, silver traded up 3.5% at $35.87, after topping $36 earlier in the session, the highest level since February 2012.
Circle Internet Financial is set to make its trading debut on the New York Stock Exchange Thursday, with shares expected to open between $60 and $62 — nearly double the company’s $31 IPO price.
The IPO gives the issuer of USD Coin (USDC) a valuation of $6.8 billion.
MongoDB Inc (NASDAQ:MDB) shares surged 15.8% on Thursday after the company delivered better-than-expected first-quarter results and raised its full-year guidance.
Revenue for the fiscal first quarter rose 22% year over year to $549 million, beating analysts’ expectations of $528.1 million.
Immunic Inc (NASDAQ:IMUX) has announced the completion of enrollment for both Phase 3 ENSURE trials of its lead asset, vidofludimus calcium (IMU-838), in relapsing multiple sclerosis (RMS).
The ENSURE program includes two identical, multicenter, randomized, double-blind Phase 3 trials, ENSURE-1 and ENSURE-2, designed to assess the efficacy, safety, and tolerability of vidofludimus calcium compared to placebo in patients with RMS.
Aftermath Silver Ltd (TSX-V:AAG, OTCQX:AAGFF) announced that it has made an early US$1.5-million property payment to EMX Royalty for its Berenguela silver-copper-manganese project in southern central Peru.
The payment is part of Aftermath Silver’s option agreement to acquire a 100% interest in the Berenguela project.
Standard Uranium Ltd (TSX-V:STND, OTCQB:STTDF) said it has engaged Axiom Exploration Group to complete a NI 43-101 technical report on its Corvo uranium project in northern Saskatchewan, as the company prepares for its first exploration program on the property this summer.
Corvo is under a three-year earn-in agreement with Aventis Energy Inc. (CSE: AVE).
Giyani Metals Corp (TSX-V:EMM, OTC:CATPF), the developer of the K.Hill battery-grade manganese project in Botswana, announced several updates to its board of directors and executive team.
Nigel Robinson has been appointed as the new chair of the board, succeeding Mark Burnett, who had served as interim chair.
Midnight Sun Mining Corp (TSX-V:MMA, OTCQB:MDNGF) has started diamond drilling at the Kazhiba Target 2 sulphide copper prospect on its Solwezi project in Zambia.
The program includes six to eight diamond drill holes totaling nearly 1,000 metres, targeting a 4 km by 2 km copper anomaly.
Shares of PVH Corp. (NYSE:PVH) plunged nearly 19% on Thursday morning after the apparel maker cut its full-year earnings forecast, citing the impact of tariffs and continued margin pressure, despite topping revenue estimates in the first quarter.
The company, which owns Calvin Klein and Tommy Hilfiger, reported adjusted earnings of $2.30 per share in the quarter ended May 5, above analysts' consensus estimate of $2.25.
Shares in Helix Exploration PLC (AIM:HEX, OTCQB:HHEXF) rose 9% on Thursday after the company raised £4.5 million from institutional investors to speed up helium production at its Rudyard project in northern Montana.
The AIM-listed firm said the funding round was backed by a large private family office managing over $1 billion in assets, along with other institutions. Shares were placed at 16 pence, a small discount to the previous close.
Tesla Inc (NASDAQ:TSLA) shed nearly $36 billion in market value after hours.
Its share price fell 3.55%, following outspoken political attacks from CEO Elon Musk and signs of continued weakness in international sales.