• 8
  • 1
  • Favorite

24H | Quantum Computing Soars 16%; Plug Power Jumps 9%; MARA Drops 3%; Cleanspark Drops 7%; AST SpaceMobile Sinks 10%; Hims & Hers Tumbles 14%

Tiger Newspress05-12 08:16

Quantum Computing saw a shift in sentiment following its latest earnings report. Shares rose 16% in overnight trading.

The company known as QCi posted $3.69 million in first-quarter revenue, outstripping the $3.13 million consensus among analysts polled by FactSet. The figure was sharply higher than the $39,000 reported in the same period last year.

Hims & Hers Health missed Wall Street estimates for first-quarter revenue and posted a surprise loss on Monday, as the telehealth company's shift toward branded GLP-1 weight-loss drugs pressured its margins and domestic sales.

Shares of the company fell more than 14% in overnight trading, even as Hims raised its full-year revenue forecast on expectations that a partnership with Novo Nordisk and international growth will help boost sales.

Plug Power rose 9% in overnight trading. The Hydrogen technology production company reported better-than-expected first quarter sales.

Monday, Plug reported first-quarter operating loss of about $109 million from sales of $163.5 million. Wall Street was looking for a $110 million loss from sales of about $140 million, according to Bloomberg. A year ago, Plug reported an operating loss of about $180 million from sales of about $134 million.

Mara Holdings posted a net loss attributable to common stockholders of USD 1.26 billion for the quarter ended March 31, 2026, widening from the prior-year period loss of USD 533.2 million.

Revenue fell 18% to USD 174.6 million, driven by a USD 35.6 million drop in bitcoin mining revenue to USD 172.2 million. Shares fell over 3% in overnight trading.

Cleanspark reported fiscal Q2 net loss late Monday of of $1.52 per diluted share, wider than a loss of $0.49 a year earlier. Analysts polled by FactSet expected a loss of $0.56.

Revenue for the quarter ended March 31 was $136.4 million, down from $181.7 million a year earlier. Shares fell about 7% in overnight trading.

AST SpaceMobile shares sank over 10% in overnight trading. AST SpaceMobile posted a loss per share of 66 cents, a steeper loss than the 20 cents a share it reported in the year-ago quarter. Analysts had expected a loss of 24 cents a share, according to FactSet.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment1

  • Rac888
    ·05-12 08:19
     、
    Reply
    Report
 
 
 
 

Most Discussed

 
 
 
 
 

7x24