Rigetti Computing (NASDAQ:RGTI) reported first quarter results that came in above analyst expectations, as the company continued to scale its superconducting quantum systems and advance its chiplet-based architecture.
Revenue for the quarter ended March 31 totaled $4.4 million, up 198.9% year-over-year and above consensus estimates of $4.09 million.
AST SpaceMobile Inc (NASDAQ:ASTS) reported first-quarter 2026 results that missed analyst expectations on both revenue and earnings, sending shares down about 14%.
The company posted a loss of $0.66 per share for the quarter, wider than the consensus estimate for a $0.23 loss.
Hims & Hers (NYSE:HIMS) reported first quarter financial results that included a wider-than-expected loss and softer revenue performance, sending shares down nearly 14% to about $25 on Tuesday morning.
For the quarter, the telehealth company posted a net loss of $92.1 million, or $0.40 loss per share, compared with a net profit of $49.5 million in the same period last year. Analysts had been expecting a profit of $0.04 per share.
BioHarvest Sciences Inc (NASDAQ:BHST, FRA:8MV0) has secured a $1.2 million Stage 2 contract to develop a rare scent-producing plant compound for the global fragrance industry, marking a key step in the firm’s push into a market the company values at $23 billion.
The contract, awarded by a United Arab Emirates-based investment group, is part of a multi-stage development program for a fragrance raw material described as among the most valuable in the world, with premium grades fetching tens of thousands of dollars per kilogram.
EBay Inc (NASDAQ:EBAY, XETRA:EBA) has rejected a $56 billion takeover approach from GameStop Corp (NYSE:GME), dismissing the proposal as lacking credibility and raising concerns over financing, governance and the risks of combining the two businesses.
Shares in eBay fell 0.9% in pre-market trading, while GameStop stock was trading 4.2% lower.
Shares in On Holding AG jogged higher in New York pre-market trading after the Swiss sportswear brand backed by Swiss tennis legend Roger Federer reported record first-quarter sales and raised its profit margin outlook after making further progress in Asia and in clothing.
Net sales rose 14.5% to 831.9 million Swiss francs (CHF) in the three months to 31 March, marking the first time the company has exceeded CHF800 million in quarterly revenue. On a constant currency basis, sales growth was 26.4%.