lovelyday12 Prospect Capital ( PSEC ) stock slipped 1.1% in Friday premarket trading after the business development company's fiscal Q3 interest income and total investment income failed to meet the Wall Street consensus estimates. The business development company’s fiscal Q3 net investment income per common share was $0.16, beating the average analyst estimate of $0.11 and declining from $0.19 in...
lovelyday12 Prospect Capital ( PSEC ) stock slipped 1.1% in Friday premarket trading after the business development company's fiscal Q3 interest income and total investment income failed to meet the Wall Street consensus estimates. The business development company’s fiscal Q3 net investment income per common share was $0.16, beating the average analyst estimate of $0.11 and declining from $0.19 in Q2 and $0.19 in last year’s Q3. Total interest income of $140.1M for the quarter ended March 31, 2026, declined from $149.0M in the previous quarter and $159.3M a year ago. The current quarter’s amount missed the $142.6M Visible Alpha estimate. Total pay-in-kind, or PIK, interest income declined to $17.1M in fiscal Q3 2026 vs. $19.5M in the year-ago period. Total investment income of $150.1M, trailing the $163.2M consensus, dropped from $176.0M in Q2 and $170.7M in Q3 2025. Total originations of $115.3M vs. $80.4M in the previous quarter. Repayments and sales of $222.2M climbed from $79.3M in Q2. That puts originations, net of repayments and sales, at -$107.0M vs. $1.17M in the previous quarter. BDC stocks have been punished by investors' fears over AI disrupting software companies because many BDC portfolios have large exposures to the sector. Prospect sought to assure investors that its exposure to software companies is lower than many BDCs, and it's well positioned to benefit from AI. As of March 31, 2026, Prospect's ( PSEC ) portfolio included 2.5% (based on fair market value) of investments in software companies, significantly lower than the 23% average across business development companies with publicly traded unsecured bonds included in a Feb. 2, 2026, Barclays fixed-income research report. "Prospect is actively assessing and implementing the best-use cases for artificial intelligence and automation within our critical business processes, including both within our investment processes as well as at the portfolio company operational level," said Chairman and CEO John...
S&P 500 Index futures are up 0.5% as of 7:50 a.m. in New York as traders await Iran’s response to a US-proposed deal to end the war. Nasdaq 100 futures are up 0.8% Dow Jones Industrial Average futures are up 0.3% The MSCI World Index is down 0.2% Here are some of the biggest US movers before the bell: Magnificent Seven stocks: Tesla (TSLA) +1.4%, Alphabet (GOOGL) -0.05%, Nvidia (NVDA) +0.9%, Micro...
S&P 500 Index futures are up 0.5% as of 7:50 a.m. in New York as traders await Iran’s response to a US-proposed deal to end the war. Nasdaq 100 futures are up 0.8% Dow Jones Industrial Average futures are up 0.3% The MSCI World Index is down 0.2% Here are some of the biggest US movers before the bell: Magnificent Seven stocks: Tesla (TSLA) +1.4%, Alphabet (GOOGL) -0.05%, Nvidia (NVDA) +0.9%, Microsoft (MSFT) +0.03%, Amazon (AMZN) +0.3%, Meta Platforms (META) +0.3%, Apple (AAPL) +0.8% Akamai (AKAM) rises 25% after the company announced that a leading frontier AI model provider had committed to $1.8 billion over seven years for its Cloud Infrastructure Services. The company also reported its first-quarter results and gave an outlook. Block (XYZ) gains 7% after the digital payments company forecast adjusted operating income for the second quarter that beat the average analyst estimate. Expedia (EXPE) drops 7% after the online travel company forecast tepid gross bookings for the second quarter, with analysts pointing to macroeconomic pressures weighing on guidance. Fluence Energy (FLNC) rises 23% as Roth analyst Justin Clare raised the recommendation to buy on growing orders. Forward Air (FWRD) plunges 45% after the transportation services firm said it received no actionable proposals for a sale. JFrog (FROG) rises 14% after the software company reported first-quarter results that beat expectations and gave an outlook that is seen as conservative. Analysts highlighted an acceleration in cloud revenue growth as a highlight. Innodata (INOD) climbs 39% after the professional services company boosted its revenue forecast for the full year. Monster Beverage (MNST) rises 7% after the drinks company reported first-quarter adjusted earnings per share that beat the average analyst estimate. JPMorgan raised its price target. NLight shares (LASR) rise 13% after the maker of semiconductor laser products reported adjusted earnings per share for the first quarter that beat the averag...
DKosig Serve Robotics ( SERV ) reported revenue shot up 582% in Q1 to $3.0M. Management said the quarter showed a shift from fleet expansion toward monetizing the deployed base, with roughly 2K robots in service and a larger share of revenue now coming from software and recurring services. The company said software services made up about one-third of Q1 revenue, while just under half of total reve...
DKosig Serve Robotics ( SERV ) reported revenue shot up 582% in Q1 to $3.0M. Management said the quarter showed a shift from fleet expansion toward monetizing the deployed base, with roughly 2K robots in service and a larger share of revenue now coming from software and recurring services. The company said software services made up about one-third of Q1 revenue, while just under half of total revenue was recurring. It also highlighted improving gross margin versus the prior quarter, supported by higher revenue per robot and better operating efficiency. During Q1, the operating footprint of Serve Robotics ( SERV ) expanded to 44 cities across 14 states after its acquisition of Diligent Robotics, which also pushed the company into healthcare robotics. The integration of Diligent Robotics is progressing on plan, with a growing hospital pipeline and continued expansion of healthcare deployments. Serve Robotics ( SERV ) posted a net loss of $49.0M for the quarter, and adjusted EBITDA was a loss of $36.3M. On the balance sheet, the company ended the quarter with $197.4M in liquidity. The company reaffirmed its 2026 outlook for about $26M in revenue and non-GAAP operating expenses of $160M to $170M. CEO update: "Q1 marks a fundamental shift for Serve. We are leading the development of Physical AI in the real world, operating across multiple physical domains while building towards a unified autonomy platform… Three months into 2026, we are executing against the plan we laid out, with strong early proof points across revenue growth, operational scale, and platform expansion. The investments we made over the past year are beginning to compound, reinforcing our position as a multi-domain autonomy platform and expanding the long-term opportunity ahead." Wedbush Securities viewed the earnings report as a positive step for Serve Robotics ( SERV ). Analyst Dan Ives noted that the company is positioning itself to build and expand its multiple revenue streams for stable topline grow...
Spectral Medical press release ( EDT:CA ): Q1 GAAP EPS of -$0.01. Revenue of $891M. More on Spectral Medical Historical earnings data for Spectral Medical Financial information for Spectral Medical
Spectral Medical press release ( EDT:CA ): Q1 GAAP EPS of -$0.01. Revenue of $891M. More on Spectral Medical Historical earnings data for Spectral Medical Financial information for Spectral Medical
Kbro Linen Inc. ( KBRLF ) on Friday said it plans to repurchase up to 1,229,584 common shares over a 12-month period starting May 12, after the Toronto Stock Exchange accepted its notice to begin a normal course issuer bid. The buyback represents about 10% of K-Bro’s public float as of April 30, 2026. "Board of Directors believes that a normal course issuer bid represents an appropriate and desira...
Kbro Linen Inc. ( KBRLF ) on Friday said it plans to repurchase up to 1,229,584 common shares over a 12-month period starting May 12, after the Toronto Stock Exchange accepted its notice to begin a normal course issuer bid. The buyback represents about 10% of K-Bro’s public float as of April 30, 2026. "Board of Directors believes that a normal course issuer bid represents an appropriate and desirable use of its available liquidity to increase shareholder value and is in the best interests of K-Bro and its shareholders," the company said in a statement. K-Bro noted that any shares repurchased under the program will be cancelled. The company also plans to implement an automatic share purchase plan to allow buybacks during blackout periods. More on K-Bro Linen K-Bro Linen Inc. (KBL:CA) Q1 2026 Earnings Call Transcript K-Bro Linen Inc. (KBL:CA) Q4 2025 Earnings Call Transcript Historical earnings data for K-Bro Linen Dividend scorecard for K-Bro Linen Financial information for K-Bro Linen
FEATURE There was car news on Friday, just not from Tesla Toyota Motor reported fiscal year 2026 earnings and provided an outlook for fiscal year 2027. It’s ho-hum. Tesla stock didn’t seem to be affected, but Toyota investors reacted with caution.
FEATURE There was car news on Friday, just not from Tesla Toyota Motor reported fiscal year 2026 earnings and provided an outlook for fiscal year 2027. It’s ho-hum. Tesla stock didn’t seem to be affected, but Toyota investors reacted with caution.
Shares of AI infrastructure services provider CoreWeave ( CRWV ) fell about 8% premarket on Friday after a second-quarter revenue outlook miss, but analysts remained largely positive. Wells Fargo kept its Overweight rating and increased the price target on the stock to $155 from $135. "While 1Q results were clean, CRWV's lower-than-expected 2Q guide and reit [reiterated] FY guide complicate the RO...
Shares of AI infrastructure services provider CoreWeave ( CRWV ) fell about 8% premarket on Friday after a second-quarter revenue outlook miss, but analysts remained largely positive. Wells Fargo kept its Overweight rating and increased the price target on the stock to $155 from $135. "While 1Q results were clean, CRWV's lower-than-expected 2Q guide and reit [reiterated] FY guide complicate the ROY setup—putting signif [significant] weighting on 2H results. CRWV continues to execute, however, now w/ $100B backlog & 1GW+ active capacity," said analysts led by Michael Turrin. Jefferies maintained its Buy rating and $160 price target on the stock. "CRWV delivered strong Q1, signing >$40B of new commitments & beating cons rev by 5%. While concerns remain on the steep 2H FY26 adj EBIT ramp ($81M 1H vs $919M 2H) & ~$500M raise to midpt of '26 capex guide from component pricing pressure, we see strong visibility from contracted backlog (avg 5yr duration) and pass thru [through] economics supporting LT margins. At $59B mkt cap vs $99B RPO and a multi $T AI infra buildout, maintain Buy," said analysts led by Brent Thill. The analysts said that the revenue backlog reached $99.4B, up from $66.8B last quarter. While this was only slightly over what some were expecting, the analysts noted that the more than $40B of new commitments CoreWeave signed, with remaining performance obligation, or RPO, converging to revenue backlog as Nvidia's ( NVDA ) deal got scooped up by other customers, makes this RPO add better than expected. Backlog diversifying with financial services approaching $10B of backlog, and the company noted it now has 10 customers committing to more than $1B, the analysts added. In addition, the analysts noted that pricing remains resilient across generations. Demand is broadening across Nvidia's Blackwell, Hopper, and Ampere as inference grows. CoreWeave said average pricing for A100s, H100s, H200s, and L40s all rose quarter-over-quarter, with near-term fleet capacit...
Brookfield Business Corporation press release ( BBUC ): Q1 GAAP EPS of $0.19. Adjusted EBITDA was $582 million, compared to $591 million in the prior period, which included $72 million of tax credits and $51 million of contribution from disposed operations. Excluding the impact of acquisitions, dispositions, and tax credits, Adjusted EBITDA was $488 million, an approximate 5% increase over the pri...
Brookfield Business Corporation press release ( BBUC ): Q1 GAAP EPS of $0.19. Adjusted EBITDA was $582 million, compared to $591 million in the prior period, which included $72 million of tax credits and $51 million of contribution from disposed operations. Excluding the impact of acquisitions, dispositions, and tax credits, Adjusted EBITDA was $488 million, an approximate 5% increase over the prior year. More on Brookfield Business Corporation Financial information for Brookfield Business Corporation
Navitas Semiconductor (NASDAQ: NVTS) stock is up 121% as of this writing in 2026, and it rose a remarkable 88.1% in April, according to data from S&P Global Market Intelligence . The move is a classic case of what happens when bearish investors get trapped in a short squeeze at a relatively small-capitalization company operating in an industry that receives a valuation rerating. The most widely fo...
Navitas Semiconductor (NASDAQ: NVTS) stock is up 121% as of this writing in 2026, and it rose a remarkable 88.1% in April, according to data from S&P Global Market Intelligence . The move is a classic case of what happens when bearish investors get trapped in a short squeeze at a relatively small-capitalization company operating in an industry that receives a valuation rerating. The most widely followed semiconductor index, the Philadelphia Semiconductor Index, rose a whopping 38% in April, as the market priced in ongoing strength in AI-related investment and, in turn, the chips needed to power AI capabilities. It's a development that Navitas is highly sensitive to, because its management has engineered a significant shift toward this market. The company is a leader in gallium nitride (GaN) and silicon carbide (SiC) chips, and its roots lie in making chips for mobile and consumer products. However, over the last couple of years, its management has shifted its focus toward AI data centers (Navitas is a partner with Nvidia in developing the architecture for the next generation of data centers) , grid & energy, high-performance computing, and industrial (electric vehicle) end markets. Continue reading
(RTTNews) - Enbridge Inc. (ENB), an energy infrastructure company, Friday reported lower earnings for the first quarter compared to the same period last year.
(RTTNews) - Enbridge Inc. (ENB), an energy infrastructure company, Friday reported lower earnings for the first quarter compared to the same period last year.