FreeCast surges 170% premarket on Starlink reseller deal

EarningsCorporate ActionProduct / Tech
โดย Investing.com·Read original
Summary · why it matters

FreeCast shares surged 170% in premarket trading after the company announced a reseller agreement for Starlink Business services, allowing it to offer enterprise satellite broadband alongside its streaming platform. Accenture tumbled more than 11% after trimming the upper end of its annual revenue growth forecast and announcing cybersecurity acquisitions including a majority stake in Dragos. Pfizer slipped 1.7% on news that CFO Dave Denton will step down in August. Oklo rose 2% after signing a letter of intent with Centrus Energy for high-assay low-enriched uranium supply starting in 2029. Novocure fell 10% after its Phase 3 TRIDENT study failed to meet the primary endpoint of improving overall survival in newly diagnosed glioblastoma.

Impact on stocks 6

Biotech & Genomic Medicine · 2 stocks
Novocure Ltd
NVCR
▼ NegativeTechnologyrelevance

Phase 3 TRIDENT study failed to meet primary endpoint in glioblastoma.

Pfizer Inc
PFE
▼ NegativeCapitalrelevance

CFO Dave Denton will step down in August.

Energy Transition & Power Demand · 2 stocks
Oklo Inc.
OKLO
▲ PositiveSupplyrelevance

Signed letter of intent with Centrus Energy for HALEU supply starting in 2029.

Centrus Energy Corp.
LEU
▲ PositiveDemandrelevance

Oklo signed a letter of intent with Centrus for HALEU supply, indicating potential future demand for Centrus's uranium enrichment services.

Artificial Intelligence · 1 stocks
Accenture plc
ACN
▼ NegativeCapitalrelevance

Trimmed upper end of annual revenue growth forecast and announced cybersecurity acquisitions.

Communication Services · 1 stocks
FreeCast, Inc. Class A Common Stock
CAST
▲ PositiveDemandrelevance

FreeCast announced a reseller agreement for Starlink Business services, enabling it to offer enterprise satellite broadband alongside its streaming platform.

Theme Impact 3

Related news

NANO Nuclear Energy Appoints Marilyn Diaz to Lead Fuel Facilities Operations

NANO Nuclear Energy has appointed Marilyn Diaz as Director of Fuel Facilities Operations, bringing senior regulatory experience from her tenure at the U.S. Nuclear Regulatory Commission to the company's fuel operations team. The hire supports NANO Nuclear's plan to build capabilities across the nuclear fuel supply chain and aligns with U.S. energy security goals. Diaz previously served as Acting Deputy Division Director at the NRC, and her background spans uranium conversion, enrichment, fuel fabrication and material transportation. The appointment is intended to give NANO Nuclear internal expertise on how fuel facilities are reviewed, licensed and operated under U.S. rules as the company builds out the front end of the nuclear fuel cycle. Investors will be watching for concrete progress on conversion, enrichment or TRISO-related facilities under Diaz's oversight, including dated milestones on new license applications or expanded fuel partnerships.
Simply Wall St·2hRead more →
impact 4

Eknat Unveils Energy Restructuring Plan, Reserving 10,000 Megawatts of Rooftop Solar for the Public

Energy Minister Eknat Prompan has unveiled a major energy restructuring plan, under which the government will reserve 10,000 megawatts of rooftop solar generating capacity specifically for the public, set at roughly 5 kilowatts per household, to spread the right across households nationwide. Under the new approach, the state will buy back surplus power and apply it as a discount on the same billing cycle's electricity bill. A 5-kilowatt system can generate about 600 to 700 units per month, worth roughly 2,000 baht or more, and the state will provide a subsidy of 50,000 baht, with the income from the generated power used to pay it off. The equipment is expected to be fully paid off in about 7 to 10 years. On cutting permitting steps, coordination will be handled solely through the distribution utilities, with a target of about 1 week for inspection and acceptance in self-consumption installations, and no more than 1 month in cases of selling power back. For the new Power Development Plan, or PDP, three goals are set: cleanest, most stable, and fairest. It targets raising the share of clean energy from the current level of just over 20% to close to 50% within 10 years, and no less than 65% in the long term, while reducing reliance on spot-market LNG in favor of long-term contracts, and opening the door to future technologies including hydrogen, geothermal, solid oxide fuel cells, and small modular nuclear reactors, or SMRs. Meanwhile, the public electricity cost that has been embedded in the power tariff structure for 30 to 40 years amounts to a burden of about 18 billion baht per year. The government has removed this burden from the structure and has already implemented a measure capping the first 200 units of household electricity at 3 baht per unit.
InfoQuest·2hRead more →
4impact 4

Westinghouse Targets Over $50B Valuation in U.S. IPO, Eyes October Filing

Westinghouse Electric is seeking a valuation of more than $50B in its U.S. initial public offering, with a filing targeted for as soon as October, though details including timing could still change, Bloomberg reported Friday. Citigroup and Goldman Sachs are leading the IPO, with CIBC, J.P. Morgan Chase and Royal Bank of Canada also working on the listing. Westinghouse is jointly owned by Brookfield Renewable Partners and Cameco, which completed a deal in 2023 to buy a 49% stake in the company at a roughly $8B value. The company looks set to benefit from the Trump administration's efforts to boost the U.S. nuclear industry, and the U.S. Army recently selected it as one of five firms to build, own and operate its power plants. Westinghouse's nuclear power technology is used by 57% of the world's nuclear reactors, and it has a pipeline of as many as 91 opportunities for its latest generation reactor.
Seeking Alpha·9hRead more →