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Shoe Station Group reported second-quarter net sales of $284.3 million, down 7.2% year over year, and said it lowered FY2026 guidance to $1.1 billion-$1.111 billion. Management also said it is accelerating inventory liquidation and targeting a $50 million reduction by year-end.
BE: 12% | Bloom Energy shares are trading higher after the company reported better-than-expected Q2 financial results and raised its FY26 guidance above estimates. STX: 8% | Seagate Technology Holdings shares are trading higher after the company reported better-than-expected Q4 financial results. RCKY: 20% | Rocky Bran
***General Trend and Developments*** - TECH: Shares of Meta rallied by >8% in NY trading. The move came as the co. is said to be building a cloud business to sell excess AI compute, which could ease concerns about the co’s costs [press]. Recent cost reduction news also circulated in The Information related to OpenAI on
***General Trend and Developments*** - TECH: Shares of Meta rallied by >8% in NY trading. The move came as the co. is said to be building a cloud business to sell excess AI compute, which could ease concerns about the co’s costs [press]. Recent cost reduction news also circulated in The Information related to OpenAI on
***General Trend and Developments*** - TECH: Shares of Meta rallied by >8% in NY trading. The move came as the co. is said to be building a cloud business to sell excess AI compute, which could ease concerns about the co’s costs [press]. Recent cost reduction news also circulated in The Information related to OpenAI on