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NASDAQ:KARM 13 May 2026

Karman Stock’s Rally Turns Into an Earnings Test as Backlog Jumps and Valuation Bites

Karman Stock’s Rally Turns Into an Earnings Test as Backlog Jumps and Valuation Bites

Karman Holdings shares closed up 6.2% at $62.48 on May 12, then fell 11% after hours following first-quarter results and a raised 2026 outlook. Q1 revenue jumped 51% to $151.2 million, net income reached $7.8 million, and backlog hit $1.0 billion. Adjusted EPS matched the $0.11 estimate. The company announced over $1 billion in new contingent demand commitments.
13 May 2026
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Stock Market Today

  • HIVE Digital Shares Surge 11% Premarket on $220 Million AI Contract with Bell-Cohere
    June 18, 2026, 10:02 AM EDT. HIVE Digital Technologies' shares jumped over 11% premarket following a $220 million, three-year GPU cloud contract with Bell AI Fabric and Cohere. The deal involves deploying 2,304 Nvidia Grace Blackwell GPUs at Bell's Merritt, Canada site, underscoring HIVE's pivot from bitcoin mining to AI infrastructure. The contract is expected to generate about $70 million in annual recurring revenue, boosting HIVE's high-performance computing revenue above $100 million. HIVE aims to differentiate itself from other bitcoin miners by diversifying revenue streams amid volatile bitcoin prices. The deal highlights the rise of sovereign AI, with all data and computing maintained on Canadian soil.

Latest articles

Kroger edges down after it sticks to 2026 guidance

Kroger edges down after it sticks to 2026 guidance

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Kroger shares fell about 3% in premarket trading after first-quarter adjusted profit missed estimates by a cent despite a sales beat, as margin pressure from price cuts and higher transport costs raised investor doubts about CEO Greg Foran’s strategy to win back shoppers from Walmart and Costco.
HIVE Digital shares jump in premarket after $220 million Bell-Cohere AI contract

HIVE Digital shares jump in premarket after $220 million Bell-Cohere AI contract

18 June 2026
HIVE Digital Technologies surged 11% in premarket trading after its BUZZ HPC unit landed a $220 million, three-year GPU cloud contract with Bell AI Fabric and Cohere, expected to add $70 million in annual recurring revenue and boost contracted AI-compute revenue above $100 million, as investors look for growth beyond bitcoin mining.
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