Today: 24 June 2026
Browse Category

NASDAQ:BLZE 5 May 2026 - 24 June 2026

Backblaze rally leaves CoreWeave deal below stated price

Backblaze rally leaves CoreWeave deal below stated price

Backblaze surged 43.6% after landing a $335 million CoreWeave contract—4.2 times its 2025 B2 Cloud Storage revenue—but the stock’s $213 million equity gain values the deal at just 63 cents per contract dollar, as investors weigh costs, timing, and potential dilution from CoreWeave warrants covering up to 7% of shares.
24 June 2026
Backblaze Stock Soars as AI Storage Demand Lifts 2026 Outlook

Backblaze Stock Soars as AI Storage Demand Lifts 2026 Outlook

Backblaze shares rose $2.96 to $7.60 Tuesday after the company raised its 2026 revenue and adjusted EBITDA margin forecasts. First-quarter revenue climbed 12% to $38.7 million, with B2 Cloud Storage up 24% to $22.4 million. The company cited strong demand from AI customers, who now account for a growing share of business. Core backup services remain weak amid heavy competition.

Stock Market Today

  • Chubb Limited (CB) Gains Attention Amid Earnings and Revenue Outlook
    June 24, 2026, 10:49 AM EDT. Chubb Limited (CB) has attracted investor interest, with shares up 5.7% over the past month, surpassing the 3.7% rise in the S&P 500 and the 4.9% gain in the property and casualty insurance sector. The stock's movement correlates with revisions in earnings projections: current quarter EPS is estimated at $4.86, a slight 1.1% increase in consensus over 30 days despite a -1.8% year-over-year change. Fiscal year estimates show a -5.9% decline this year but a projected 8.5% increase next year. Zacks assigns Chubb a Rank #3 (Hold), reflecting moderate near-term outlook based on earnings estimate revisions. Revenue growth remains crucial as sustained earnings depend on top-line expansion.
Sunrun pops as Tesla, Renew Home announce data-center power move

Sunrun pops as Tesla, Renew Home announce data-center power move

24 June 2026
Sunrun shares soared 29.3% to $16.56 after announcing a framework with Tesla and Renew Home to pool home batteries and smart devices into over 16 GW of flexible capacity for data centers and utilities, but no financial terms or buyers were disclosed and risks from rates, policy, and interconnection remain.
Hyperscale Data up after 20 MW AI data center agreement

Hyperscale Data up after 20 MW AI data center agreement

24 June 2026
Hyperscale Data shares jumped after announcing a 10-year, $1.2 billion AI compute deal at its Michigan campus, with revenue potentially topping $3 billion if expanded; stock traded up 6.4% at $0.272, as investors await updates on Michigan and Montana growth, bitcoin holdings, and a $300 million at-the-market stock sale program.
Go toTop