6h ago
Conagra ends Celeste frozen pizza production as it trims low-profit brands
Conagra said it has stopped producing Celeste frozen pizzas as part of a strategy to simplify its portfolio. The company said the exit reduced fiscal first-quarter 2027 net sales by about 15 basis points, but it expects the move to lift margins over time. Management said it currently has more than 400 single-serve meal SKUs and sees an opportunity to streamline to a simpler, more productive lineup. The company characterized Celeste as part of its effort to exit brands with unprofitable or low-profit growth.
6h ago
7h ago
Applied Digital shares rise about 4% after hours as fiscal Q1 2027 revenue jumps 322% to $341.9 million
Applied Digital posted fiscal first-quarter 2027 revenue of $341.9 million, up 322% year over year and well above Wall Street’s $134.1 million estimate. The company reported an adjusted loss of $0.01 per share, beating expectations for a $0.26 loss. Its HPC Hosting business generated $262.6 million in quarterly revenue. Shares rose about 4% in Wednesday after-hours trading.
7h ago
7h ago
Meteora unveils DLMM Pro token-launch engine on Solana as $MET jumps about 30% to around $0.43
Meteora introduced DLMM Pro, a new engine for launching tokens on Solana that lets teams set up their own launch markets, fees and the start of trading. The fee schedule starts high and tapers down as the token matures, and liquidity stays in a single pool from launch day onward without a migration. Following the announcement, $MET rose about 30% in 24 hours to around $0.43 and was up roughly 35% over the past seven days. Trading volume over 24 hours was about $130M on a $242M market cap, with a $MET unlock slated for Oct 23.
METEORA
METEORA+50.61%
7h ago
7h ago
Samsung Electronics projects nearly ninefold Q3 operating profit surge to 107.4 trillion won on AI memory demand
Samsung Electronics released preliminary third-quarter results, projecting operating profit to surge nearly ninefold year on year to 107.4 trillion won ($80.17 billion), beating analysts’ expectations. The jump was driven by stronger profitability in its memory business as demand for AI chips climbed. The company has posted record operating profit for four consecutive quarters.
7h ago
9h ago
Anthropic rolls out Claude Haiku 5.5 with pricing about 75% below Haiku 4.5 ahead of November IPO talks at $1.8T–$2T
Anthropic has introduced Claude Haiku 5.5, a lightweight model aimed at high-volume work such as classification, summarization, customer support and voice agents, while pricing is about 75% lower than Haiku 4.5. The launch comes as the company moves toward a planned November IPO. The listing is expected to value Anthropic between $1.8 trillion and $2 trillion, according to a report.
9h ago
10h ago
Bitcoin stalls near $84,000 after third failed push above $87,700 as US spot ETF inflows slide
Bitcoin has repeatedly failed to break above its yearly open at $87,700 and is trading near $84,000. Futures-market leverage has cooled, with aggregate open interest down to about 625,000 BTC, the lowest level since January 1. Spot demand has also softened, as US spot Bitcoin ETFs took in just $241.1 million in net inflows from September 28 to October 2, down about 90% from $2.39 billion the prior week. Data show long futures traders closed positions in size after key releases, leaving overall momentum subdued.
BTC
BTC-1.87%
10h ago