June 2026 — page 5
Planet Labs revenue accelerates as backlog exceeds $900 million
The satellite imaging company reported record first-quarter revenue of $94.2 million.
Lululemon profit plunges as North America slumps
Earnings per share fell 35% to $1.69 in the latest quarter as gross margin compressed 410 basis points.
Knight-Swift Profit Plunges 68% on Claims, Weather Hit
The trucking and logistics company reported adjusted earnings of $0.09 a share, down from $0.28 a year earlier, after a string of one-time charges eroded first-quarter results.
Guidewire Software lifts revenue outlook on subscription strength
The property-casualty insurance software provider raised its full-year revenue guidance to as much as $1.47 billion.
Alphabet Posts Record Cloud Growth as AI Spending Surges
The internet giant’s Google Cloud backlog nearly tripled to $460 billion in the quarter.
Ciena raises annual revenue guide as cloud demand accelerates
The networking equipment provider reported second-quarter revenue of $1.57 billion, a 40% increase from a year ago.
Argan posts record revenue with 50% jump
The industrial contractor reported $46.1 million in net income for the quarter, more than double the year-earlier period.
QXO to Buy TopBuild in $17 Billion All-Cash Deal
The acquisition would create the second-largest publicly traded building-products distributor in North America, with over $18 billion in combined revenue.
Datavault AI to Buy Fixed-Income Vehicle Assets in $2 Billion Deal
The asset purchase aims to create a collateral base for secured financing to scale the company’s digital-asset exchanges.
Descartes Systems Group Reports Record First Quarter Revenues
The logistics technology provider saw revenues rise 15% to $193.6 million for the first quarter of fiscal 2027.
National Grid Underlying Profit Rises to £3.86 Billion
The energy utility reported a total underlying operating profit of £5.68 billion for the year ended 31 March 2026
XPO Tonnage Rose as LTL Shipments Improved
XPO reported 594 operating locations in May, up from 592 earlier this year.
Veeva lifts guidance as R&D growth offsets commercial slowdown
The life-sciences software provider raised its full-year revenue outlook to as much as $3.645 billion.
TTM Technologies posts record sales on data-center demand
The circuit-board maker’s net sales jumped 30% to $846 million in the latest quarter.
Old Dominion halts revenue slide as pricing holds
The less-than-truckload carrier posted a 2.9% year-over-year revenue decline, its smallest in five quarters.
Johnson Controls Raises Guidance as Backlog Hits Record High
The building technology company reported second-quarter adjusted earnings per share of $1.19, a 45% increase year-over-year.
Five Below Raises Outlook After Sales Beat
Comparable sales increased 22.7%, topping Five Below’s prior forecast for a 14% to 16% gain.
Fifth Third Projects 19% ROTCE Following Comerica Merger
The bank expects the acquisition to drive a 200-basis-point improvement in its efficiency ratio to the low-to-mid 50s by 2027.
Five Below, Medtronic Lead June 3 Earnings Wave
Discount retailers and healthcare tech report strong growth as AI infrastructure investments scale.
CrowdStrike Lifts Outlook as Revenue Growth Accelerates for Fifth Straight Quarter
The cybersecurity company swung to a GAAP profit of $27.8 million as subscription revenue hit $1.32 billion, up 26% from a year earlier.
Broadcom revenue jumps 48% on AI chip demand
The chipmaker’s AI semiconductor sales more than doubled to $10.8 billion in the quarter.
Arch Capital Profit Nearly Doubles as Catastrophe Losses Recede
The insurer's net income surged 84% to $1.0 billion in the first quarter, powered by a sharp drop in catastrophe claims.
Arch Capital posts 84% jump in net income
The insurer reported annualized net income return on equity of 17.8%, up from 11.1% a year earlier.
Richtech Robotics Buys Las Vegas Facility in $21.2 Million Asset Deal
The acquisition bolsters the company’s AI infrastructure and robotics data-collection capacity in a key regional hub.
ATN International Closes $268 Million Tower Sale to Everest Affiliate
The asset sale of 214 Southwestern U.S. towers is designed to bolster ATN's liquidity and fund debt repayment as the company sharpens its focus on core connectivity markets.
Sainsbury's Raises Profit Guidance as Grocery Sales Rise 5.3%
The UK's second largest grocer expects total cash returns to shareholders in financial year 2025/26 to exceed £800 million.
Land Securities raises EPS outlook on strong rental income growth
The company increased its potential FY30 EPRA EPS from approximately 60 pence to 70 pence.
Healthcare Leads Surge in ATS Mix Across Six Industries
Off-exchange trading shifted heavily toward ATS venues during the week of June 1, 2026, led by a massive spike in Healthcare & Pharma.
USA Rare Earth to Build $1.2 Billion Magnet Plant in South Carolina
Revenue quintupled to $5.7 million in the first full quarter of metal sales from its LCM acquisition, as the company laid out plans for a massive domestic manufacturing expansion.
Ulta Beauty sales growth accelerates to 11%
The beauty retailer’s first-quarter earnings rose 15.5% to $7.74 a share.
Shake Shack lowers full-year profit and revenue guidance
The company reduced its full-year net income forecast to a range of $45 million to $55 million.
Palo Alto Networks lifts guidance after revenue jumps 31%
The cybersecurity firm raised its full-year revenue outlook to $11.3 billion after third-quarter sales climbed to $3.0 billion.
Hub Group restates prior quarters, flags leadership exits
The transportation-services provider disclosed a $77 million understatement of purchased transportation costs and accounts payable.
Hims & Hers Pivots Weight-Loss Strategy, Partners With Novo Nordisk
The telehealth company acquired Eucalyptus, adding 850,000 customers across five countries while overhauling its GLP-1 business.
Dollar General raises annual profit outlook as margins expand
The discount retailer reported first-quarter diluted earnings of $2.00 a share.
Worthington Steel to Buy Kloeckner in $2.4 Billion All-Cash Deal
The acquisition would create the second-largest steel service center company in North America by revenue and deliver $150 million in annual synergies.
John Wiley & Sons to Buy Emerald Publishing in $452 Million Cash Deal
The acquisition expands Wiley's journal portfolio to 2,500 titles and strengthens its proprietary content library for AI and data analytics applications.
QXO to Buy TopBuild in $17 Billion Deal
The acquisition will make QXO the second largest publicly traded building products distributor in North America.
Hims & Hers to Buy Eucalyptus in Global Expansion Deal
The acquisition extends the telehealth platform’s reach across five countries, positioning it as an everyday health companion for consumers worldwide.
ESAB to Buy Eddyfi Technologies in $1.45 Billion Deal
Acquisition accelerates ESAB’s expansion into inspection and monitoring with high-margin, high-growth instrumentation technology.
Marks and Spencer raises dividend as statutory revenue hits £17.3bn
The retailer increased its full-year dividend by 16.7% to 4.2p per share.
Capex Holds Steady as Credit Costs Shape Corporate Plans
Across a 37-company slice of this week's disclosures spanning 13 industries, capital spending and the cost of credit emerged as the two most common threads, each running through 17 companies in 11 industries.
Welltower expands senior housing portfolio through aggressive investment
The real estate investment trust increased its quarterly common stock dividend 15% to $0.85 a share.
Norfolk Southern halts profit slide as costs weigh
The railroad’s adjusted earnings per share fell just 1% as volume declines eased.
ILPT Narrows Loss 58% as Rent Rolls Accelerate for Sixth Straight Quarter
The industrial logistics landlord posted $0.33 a share in normalized funds from operations, up from $0.20 a year earlier, as leasing spreads widened and its Mountain JV locked in fixed-rate financing.
Hewlett Packard Enterprise revenue jumps 40%
The enterprise technology provider raised its full-year earnings guidance to $3.35-$3.45 a share.
FedEx Spins Off Freight Unit, Resets Guidance
The logistics giant distributed 80.1% of FedEx Freight shares to stockholders in its latest quarter.
Bitmine Eyes ETH Milestone; People Inc. Bids for MGM Resorts
Crypto treasury growth and strategic M&A headlines a mixed day of corporate updates across financial and software sectors.
Credo's Revenue Growth Decelerates as Optical Deal Signals Next Phase
The connectivity-chip maker posted $437 million in fourth-quarter revenue, up 157% year over year but marking a sharp slowdown in sequential growth.
LXP Industrial Trust to Buy Phoenix Covered Land Investment for $103 Million
The asset purchase allows LXP to secure an infill industrial redevelopment site in a market driven by advanced manufacturing and data center growth.