Today: 26 April 2026
Browse Category

NASDAQ:XNDU 26 April 2026

Xanadu Stock Rises After 294 Million-Share Filing: What Changes Now for XNDU

Xanadu Stock Rises After 294 Million-Share Filing: What Changes Now for XNDU

Xanadu Quantum Technologies’ U.S.-listed shares rose 7.28% to $30.95 Friday after a new registration statement signaled up to 293.7 million Class B shares could be resold by securityholders. The Toronto-based quantum computing firm, public for less than a month, reported 2025 revenue of $4.6 million and a net loss of $70.7 million. The registration statement is not yet effective.
26 April 2026
·

Stock Market Today

  • Adobe Launches $25 Billion Share Buyback Amid Stock Decline
    April 26, 2026, 5:04 PM EDT. Adobe (NASDAQ: ADBE) announced a $25 billion stock repurchase program to counter a 60% fall in its share price since January 2024 amid fears that AI technologies could obsolete its software. The buyback, extending through April 2030, aims to reduce outstanding shares, potentially boosting earnings per share and signaling management's confidence in the company's cash flow. Despite a 3.4% rise on the announcement day, Adobe's stock remains under pressure, down 27% in 2026. The company faces a leadership transition and must prove its AI strategies to reassure investors in its upcoming Q2 earnings on June 11. This buyback follows a near-complete $25 billion repurchase initiated in March 2024, which failed to halt the price decline. Analysts remain cautious on Adobe's outlook amid AI-driven industry shifts.

Latest article

Kratos Defense Stock Slides Again as Drone Maker’s $1 Billion Growth Bet Faces Test

Kratos Defense Stock Slides Again as Drone Maker’s $1 Billion Growth Bet Faces Test

26 April 2026
Kratos Defense shares dropped 6.5% to $61.26, cutting its market value to $10.6 billion as investors questioned the pace of profit from new contracts. The company recently completed the first flight of its Mk1 Firejet drone and won a Space Force contract worth up to $446.8 million. AeroVironment, L3Harris, and Northrop Grumman also declined. Kratos raised $1.17 billion in a February share offering.
Robinhood’s Earnings Week Now Has a Prediction-Market Problem

Robinhood’s Earnings Week Now Has a Prediction-Market Problem

26 April 2026
Wisconsin sued Robinhood and several rivals over sports event contracts, alleging illegal sports betting through prediction markets. The lawsuit comes days before Robinhood reports first-quarter earnings on Tuesday. Robinhood shares closed at $84.71 Friday, down from $91.28 on Monday. The company said its event contracts are federally regulated and it will defend itself.
SoFi Technologies Stock Faces a Big Q1 Earnings Test as Loan Growth Comes Into Focus

SoFi Technologies Stock Faces a Big Q1 Earnings Test as Loan Growth Comes Into Focus

26 April 2026
SoFi will report first-quarter results before markets open April 29, with management projecting about $1.04 billion in adjusted net revenue and adjusted EPS of 12 cents. Shares closed at $18.44 Friday, valuing the company at $23.8 billion. The company recently launched a digital HELOC and formed a Real Estate Advisory Council. Last quarter, loan originations rose 46% to $10.5 billion and fee-based revenue climbed 53%.
Go toTop