Constellation Brands Inc (NYSE:STZ) shares jumped 5.8% in early Thursday trading after the company reported fourth-quarter sales and earnings that exceeded analysts’ forecasts, even as it issued a cautious outlook for fiscal 2027.
For the quarter ended February 28, net sales fell 11% to $1.92 billion, but beat the $1.84 billion expected by analysts, supported by steady demand for its beer portfolio, including the Corona brand.
The Simply Good Foods Company (NASDAQ:SMPL) shares fell almost 19% after it reported mixed results for the fiscal second quarter, with revenue falling short of Wall Street expectations.
The company reported net sales of $326.0 million, missing analysts’ projections of $359.7 million.
CoreWeave (NASDAQ:CRWV) on Thursday announced an expanded agreement with Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB) to provide AI cloud capacity through December 2032.
The deal, valued at approximately $21 billion, continues the companies’ existing relationship and supports Meta’s development and deployment of AI technologies.
Shares of Applied Digital Corp (NASDAQ: APLD) fell more than 7% at Thursday’s open after the company reported third-quarter results that beat revenue expectations but were weighed down by hefty write-downs and stock-based compensation.
The blockchain and high-performance computing (HPC) firm posted a net loss attributable to common stockholders of $100.9 million, or $0.36 per share, well below the consensus estimate of a $0.10 loss per share.
Blackberry (TSX:BB) shares rose about 10% in early trade on Thursday after the company reported stronger-than-expected fourth quarter fiscal 2026 results and issued guidance that topped analyst estimates, signaling continued momentum in its turnaround.
The company posted revenue of $156 million for the quarter ended February, exceeding the consensus estimate of $144.4 million and marking roughly 10% year-over-year growth. Adjusted earnings came in at $0.06 per share, above expectations of $0.05.
Polymarket data shows traders see little chance of a swift resolution despite two-week pause in hostilities brokered by Pakistan
Traders on Polymarket, the decentralised prediction market platform, are pricing the end of June as the most likely point at which Donald Trump will announce a formal end to US military operations against Iran, with the contract for that date carrying a 78% implied probability against just 10% for a resolution by 15 April.
Celebrus Technologies PLC (AIM:D4T4, OTC:DFORF) shares fell 10% to 85p on Thursday after the data solutions provider reported a sharp fall in full-year revenues and warned of ongoing difficulty winning new customers.
Full-year revenues for the year to 31 March 2026 are expected to come in at approximately $23.3 million, against $38.7 million a year earlier, with the decline driven primarily by changes to the group's contractual arrangements with customers rather than any reduction in underlying activity.