Broadcom Q2 revenue skyrockets 48% as AI semiconductor demand hits record highs
Broadcom (NASDAQ:AVGO) reported strong financial results for the second quarter of fiscal year 2026, underscored by exceptional growth in its semiconductor segment.
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Broadcom (NASDAQ:AVGO) reported strong financial results for the second quarter of fiscal year 2026, underscored by exceptional growth in its semiconductor segment.
CrowdStrike Holdings (NASDAQ:CRWD) has reported its financial results for the first quarter of fiscal 2027, ended April 30, 2026, showcasing sustained growth and improved operational profitability.
Five Below (NASDAQ:FIVE) reported robust financial results for the first quarter of fiscal 2026, characterized by high double-digit growth in both top-line revenue and comparable store sales.
Crude oil prices extended gains on Wednesday, rising approximately 2% as market participants reacted to a significant escalation in Middle East hostilities and a breakdown in diplomatic communication between Tehran and Washington.
GitLab (NASDAQ:GTLB) has confirmed the layoff of approximately 350 employees, representing 14% of its workforce, as the company implements a restructuring plan designed to align its operations with the evolving demands of artificial intelligence.
Eli Lilly and Company (NYSE:LLY) has announced a significant research and licensing collaboration with Ascidian Therapeutics aimed at developing novel treatments for inherited kidney diseases.
Novo Nordisk (NYSE:NVO) has launched its oral Wegovy weight loss medication in the United Arab Emirates (UAE), marking the first international rollout of the drug outside the United States.
RTX (NYSE:RTX) announced today that its Raytheon business has been awarded a $515 million follow-on contract from the U.S. Navy to continue the production and integration of the SPY-6 family of radars.
Kura Oncology (NASDAQ:KURA) has released preliminary Phase 1a data showcasing the potential of its next-generation farnesyl transferase inhibitor (FTI), darlifarnib, as a foundational component of combination therapies for KRAS-mutant cancers.
Oshkosh Defense, a business unit of Oshkosh Corporation (NYSE:OSK), has been awarded new orders valued at $142 million for its Family of Medium Tactical Vehicles (FMTV) A2 platform.
Arcus Biosciences (NYSE:RCUS) has announced a new clinical trial collaboration and supply agreement with Bristol Myers Squibb (NYSE:BMY) aimed at advancing treatment options for advanced renal cell carcinoma (RCC).
Treasure Global (NASDAQ:TGL) has unveiled its preliminary outlook for fiscal year 2026, forecasting revenue growth in excess of 100% on a year-over-year basis.
Avalyn Pharma (NASDAQ:AVLN) provided a comprehensive update on its financial position and clinical development programs for the first quarter of 2026, underscored by a strengthened capital base following its recent initial public offering.
Rent the Runway (NASDAQ:RENT) delivered a strong start to the fiscal year, reporting first-quarter revenue that outpaced corporate guidance even as the company moves through a high-level executive transition.
Accel Entertainment (NYSE:ACEL) announced that its subsidiary, Toucan Gaming, has acquired the assets of Rice Palace and South Louisiana Gaming, the owner and operator of the Rice Palace Truck Stop Casino.
TG Therapeutics (NASDAQ:TGTX) announced positive data from a Phase 1 clinical trial evaluating a high-concentration subcutaneous formulation of its multiple sclerosis therapy Briumvi (ublituximab-xiiy).
Wellington Management has signed a definitive agreement to acquire Hartford Funds from insurer The Hartford Financial Services Group (NYSE:HIG), a transaction that structurally consolidates a 40-year sub-advisory alliance into a unified asset management platform.
Axsome Therapeutics (NASDAQ:AXSM) has resolved all outstanding U.S. patent litigation concerning its sleep disorder medication, Sunosi, securing the drug's proprietary market positioning for nearly another two decades.
Sprinklr (NYSE:CXM) reported top-line expansion and a successful shift into GAAP operational profitability for its fiscal first quarter ended April 30, 2026, capitalising on continuous adoption of its unified customer experience management platform.
Destination XL Group (NASDAQ:DXLG) reported a 2.1% decline in sales for the first quarter of fiscal 2026 as the specialty retailer navigates a challenging consumer environment, while doubling down on digital and fit-technology initiatives.
Old Dominion Freight Line (NASDAQ:ODFL) reported a 12.3% increase in revenue per day for May 2026 compared with the same month last year, driven by robust pricing gains that overrode lower volume metrics.
Cognyte Software (NASDAQ:CGNT) delivered double-digit revenue growth and a sharp improvement in core operational profitability for the first quarter of fiscal 2027, capitalising on sustained global demand for its security and investigative analytics software platforms.
VersaBank (NASDAQ:VBNK) reported strong growth in its underlying lending operations for the second quarter of fiscal 2026, driven by a sustained expansion of its credit assets across North American markets.
Ollie’s Bargain Outlet Holdings (NASDAQ:OLLI) reported strong financial results for the first quarter of fiscal 2026, driven by double-digit sales growth, substantial margin expansion, and an aggressive build-out of its physical store footprint.
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