Today: 5 June 2026
Browse Tag

Singapore

Stock Market Today

  • Planet Labs Q1 CY2026 Revenue Beats Estimates with 42.1% Growth
    June 5, 2026, 1:14 AM EDT. Planet Labs (NYSE:PL) reported Q1 CY2026 revenue of $94.15 million, exceeding analyst estimates by 4.3% and marking a 42.1% year-on-year increase. The company's adjusted EPS loss per share was slightly better than expected at -$0.03. Guidance for next quarter revenue is optimistic at $104.5 million, 2.2% above forecasts. Full-year revenue guidance was raised to $433 million, a 1.3% increase, while EBITDA projections fell short of expectations. The firm's backlog grew 71.9% to $906.1 million, underscoring strong demand. CEO Will Marshall credited the results to the critical role of Planet's satellite data. Despite operating losses and negative free cash flow, Planet Labs leads Earth observation with its agile satellite fleet, achieving consistent revenue growth and expanding its market footprint.

Latest articles

Dow Hits Record, But Wall Street Watches After-Hours Session

Dow Hits Record, But Wall Street Watches After-Hours Session

5 June 2026
Dow soared to a record close, but after-hours jitters hit as Broadcom missed revenue expectations and cut its AI-chip forecast, dragging chip stocks and exposing markets to Friday’s key jobs report, which could sway rates, yields, and tech valuations. Lululemon shares plunged 11% after slashing its profit outlook.
AT&T Stock Drops, Investors Eye SpaceX’s Move

AT&T Stock Drops, Investors Eye SpaceX’s Move

5 June 2026
AT&T shares plunged 3.3% to $22.77 after a Supreme Court loss and an Oppenheimer downgrade citing rising satellite broadband competition, as SpaceX’s $75 billion IPO nears; investors fear AT&T’s fiber-heavy strategy faces new risks, with Oppenheimer warning broadband and mobile growth could be at risk from low Earth orbit rivals.
Marvell rises as chip peers drop, Wall Street eyes index move

Marvell rises as chip peers drop, Wall Street eyes index move

5 June 2026
Marvell jumped 4.9% to $316.43, defying a chip selloff, as traders bet on S&P 500 inclusion and Nvidia-linked AI demand; the stock later slipped to $305.18 after hours, with volume more than double average, as investors await Friday’s S&P announcement and weigh risks of high expectations and index flows.
Guidewire Beats Earnings but Shares Drop on Revenue Number

Guidewire Beats Earnings but Shares Drop on Revenue Number

5 June 2026
Guidewire Software plunged 13.77% after hours to $130.36 as investors fixated on annual recurring revenue guidance that missed Wall Street’s target by a narrow margin, overshadowing strong earnings and revenue beats; the stock’s sharp drop highlights concerns over contract growth pacing despite raised full-year outlooks and robust financials.
Go toTop