Lundin Gold (TSX:LUG) has been given a ‘Buy’ rating and C$103 price target by Bank of America in its initial coverage, with analysts highlighting the company’s high-margin production profile, strong free cash flow generation and exploration upside at its flagship Fruta del Norte (FDN) mine in Ecuador.
Shares of Lundin traded up more than 5% at C$91 on Friday afternoon.
Reddit Inc (NYSE:RDDT) shares rose about 4% on Friday to $175 following an expanded integration with Shopify, a move welcomed by Jefferies analysts who highlighted the partnership as a potential driver of lower-funnel advertising growth and broader advertiser adoption.
The company announced that its Shopify integration has moved from a test phase to general availability, enabling merchants on Shopify to connect their storefronts directly to Reddit’s advertising platform.
Mercury Systems Inc (NASDAQ:MRCY) has received a multi-year contract to deliver 1,000 of its RTBX06 BuiltSECURE servers to Blue Raven, a leading distributor in the defense industry, marking the largest production order to date for the aerospace and defense electronics company's Common Processing Architecture.
The Andover, Massachusetts-based company said the contract covers a multi-year delivery schedule, providing forward visibility into a production stream of 1,000 units of the RTBX06 platform.
American Eagle Outfitters Inc. (NYSE:AEO) reported first quarter results that topped Wall Street expectations on both revenue and earnings, but issued forward outlook that incorporates significant tariff-related assumptions and weighed on investor sentiment, sending shares down about 13%.
The company said it expects a 10% tariff rate for second-quarter receipts and 15% for the back half of fiscal 2026.
El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) has authorized a $40 million share repurchase program, the Costa Mesa, California-based restaurant chain said Thursday evening.
The board of directors approved the repurchase of up to $40 million of its common stock, representing approximately 9% of the company's current market capitalization.
SentinelOne Inc. (NYSE: S) shares fell nearly 11% on Friday after the cybersecurity company topped earnings estimates but issued softer-than-expected second-quarter revenue guidance and announced a roughly 8% workforce reduction.
The company reported first-quarter fiscal 2027 revenue of $276.7 million, just below the Wall Street consensus of $277.3 million but within its own guidance range.
Gap Inc (NYSE:GPS) shares fell more than 16% on Thursday after the apparel retailer issued a weaker-than-expected second-quarter sales outlook and trimmed its full-year revenue forecast, despite a broadly solid first-quarter performance and continued strength in its flagship Gap brand.
The company reported first-quarter revenue of $3.5 billion, up 1% year over year but slightly below analyst estimates of $3.53 billion.
Okta Inc (NASDAQ:OKTA) shares jumped 24% on Friday after the identity security company reported first-quarter results that topped Wall Street estimates and raised its full-year outlook, with analysts pointing to accelerating demand and an emerging artificial intelligence tailwind.
The San Francisco-based company posted revenue of $765 million for its fiscal first quarter of 2027, up 11% year-over-year and ahead of analyst estimates of $752 million.
Dell Technologies Inc (NASDAQ:DELL) shares surged by 32% at Friday’s opening bell after the company reported first quarter results that significantly exceeded Wall Street expectations across revenue and earnings, alongside sharply higher guidance driven by accelerating AI demand.
For the quarter, Dell reported adjusted earnings per share of $4.86 versus analyst estimates of $2.94.
New Era Energy & Digital (NASDAQ:NUAI) said it has reached a pending settlement with the State of New Mexico that would result in all claims against the company being dismissed.
The digital infrastructure developer said the US Trustee for the bankruptcy estates of Acacia Resources, LLC and Acacia Operating Company, LLC filed the motion on May 22 in the US Bankruptcy Court for the Western District of Texas, seeking approval of a $1 million settlement with the company and certain related parties.
Brent crude and WTI, its US counterpart, are heading for a second consecutive weekly decline as traders bet that a diplomatic resolution to the US-Iran conflict will eventually reopen the Strait of Hormuz, even as hostilities continue to flare.
Brent was trading around $91.53 per barrel on Friday, down roughly 5% on the week, while WTI was around $87.65, having shed more than 7% over the same period.