News & Events zu Astrotech Corp (ASTC)ASTCAstrotech Corp

Major Averages Rise as Oil Prices Retreat

The major averages advanced on Friday as easing oil prices and retreating Treasury yields provided relief at the end of a volatile week. Oil and fuel prices pulled back during the session following news that the U.S. and Iran moved closer to an agreement that would lift naval blockades on tankers in the Persian Gulf and ease economic measures against Tehran. Of note, Meta pulled back today, but still closed the week with a gain of over 10% as it followed up on its recent Muse AI agent launch with a series of hardware releases.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Akamaiannounced a $11.6B multi-year agreement with AnthropicCostcoreported upbeat Q4 earnings, with CEO Ron Vachris saying he sees "strong pipeline" for new warehouses internationallyThe Federal Reserve is working on a plan to raise the asset thresholds that trigger stricter oversight of big bank, Reuters reportsBASFconfirmed "exploratory work" with the RAG Foundation and Evonik Industries AGon a possible acquisition of EvonikMetais adding a clearer safety warning within Muse after a security researcher discovered a vulnerability in the AI agent that could let an attacker access a user's sensitive personal information, The Information reports2. WALL STREET CALLS:Nikedowngraded to Underperform at BofA as turnaround takes longerBarclays upgraded Humanaon confidence in star ratings boostHSBC downgraded Twilioto Reduce after Muse-driven rallyHSBC upgraded Synopsysto Buy on business model transformationKeyBanc downgraded Comcastto Underweight on deteriorating metrics3. AROUND THE WEB:SK Hynixsubsidiary Solidigm is eyeing a potential 2027 IPO, Reuters reportsBlackstone'sglobal head of private equity Joseph Baratta is preparing to leave the company, WSJ reportsA rumor regarding PayPalas highlighted in Ben Harrington's M&A-focused Betaville blog, contacts tell The FlyAnthropic is asking shareholders to approve a Palantir-stylestructure granting its seven co-founders 50.1% of voting power if three retain minimum stakes, The Information saysFollowing People's Incorporated'sdecision to withdraw its bid for MGM Resortsyesterday, MGM is now in discussions to make a bid for People Incorporated, WSJ says4. MOVERS:Atlas Energygained after its subsidiaries executed separate cost reimbursement agreement with a frontier AI labGenius Sportsincreased in New York after JPMorgan initiated coverage of the stockTwiliodeclined after HSBC downgraded the stock to Reduce from HoldKodiak AIfell after announcing plans to launch its unsupervised long-haul driverless service on the Dallas-Houston freight lane by the end of 2026Zscalerwas lower after appointing Ross Tackett as Chief Revenue Officer5. EARNINGS/GUIDANCE:Astrotechreported FY26 resultsScholasticreported Q1 results and backed its outlook for FY27Legacy Educationreported Q4 results, with EPS higher year-over-yearRezolutereported Q4 results, with EPS missing consensusCarnivalto report Q3 results on September 29INDEXES:The Dow rose 478.64, or 0.93%, to 51,828.62, the Nasdaq gained 129.34, or 0.48%, to 27,068.72, and the S&P 500 advanced 39.28, or 0.51%, to 7,743.41.

Major Averages Rise as Oil Prices Retreat

The major averages were higher near midday as easing oil prices and retreating Treasury yields provided relief at the end of a volatile week. Oil and fuel prices pulled back during the session following news that the U.S. and Iran moved closer to an agreement that would lift naval blockades on tankers in the Persian Gulf and ease economic measures against Tehran. Of note, Meta looks set to close the week up nearly 15% as it followed up on its recent Muse AI agent launch with a series of hardware releases.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Akamaiannounced a $11.6B multi-year agreement with AnthropicCostcoreported upbeat Q4 earnings, with CEO Ron Vachris saying he sees "strong pipeline" for new warehouses internationallyThe Federal Reserve is working on a plan to raise the asset thresholds that trigger stricter oversight of big bank, Reuters reportsBASFconfirmed "exploratory work" with the RAG Foundation and Evonik Industries AGon a possible acquisition of EvonikScotts Miracle-Groagreed to acquire the Black Kow brand and provided guidance for FY26 and FY272. WALL STREET CALLS:Nikedowngraded to Underperform at BofA as turnaround takes longerBarclays upgraded Humanaon confidence in star ratings boostHSBC downgraded Twilioto Reduce after Muse-driven rallyHSBC upgraded Synopsysto Buy on business model transformationKeyBanc downgraded Comcastto Underweight on deteriorating metrics3. AROUND THE WEB:A rumor regarding PayPalas highlighted in Ben Harrington's M&A-focused Betaville blog, contacts tell The FlyAnthropic is asking shareholders to approve a Palantir-stylestructure granting its seven co-founders 50.1% of voting power if three retain minimum stakes, The Information saysTeslais beginning first customer deliveries of its long-delayed Semi, marking its entry into the commercial trucking market and expanding its addressable market beyond passenger vehicles amid elevated U.S. diesel prices, Reuters saysYouTubeCEO Neal Mohan has rejected the idea of joining Meta'smultistate settlement agreement related to child safety, CNN reportsFollowing People's Incorporated'sdecision to withdraw its bid for MGM Resortsyesterday, MGM is now in discussions to make a bid for People Incorporated, WSJ says4. MOVERS:Atlas Energygains after its subsidiaries executed separate cost reimbursement agreement with a frontier AI labGenius Sportsincreases in New York after JPMorgan initiated coverage of the stockTwiliodeclines after HSBC downgraded the stock to Reduce from HoldKodiak AIfalls after announcing plans to launch its unsupervised long-haul driverless service on the Dallas-Houston freight lane by the end of 2026Zscalerlower after appointing Ross Tackett as Chief Revenue Officer5. EARNINGS/GUIDANCE:Astrotechreported FY26 resultsScholasticreported Q1 results and backed its outlook for FY27Legacy Educationreported Q4 results, with EPS higher year-over-yearRezolutereported Q4 results, with EPS missing consensusCarnivalto report Q3 results on September 29INDEXES:Near 12:30 pm ET, the Dow was up 482.29, or 0.94%, to 51,832.27, the Nasdaq was up 169.39, or 0.63%, to 27,108.76, and the S&P 500 was up 42.00, or 0.55%, to 7,746.13.

Astrotech Reports FY26 Revenue of $913,000

Reports FY26 revenue $913,000 vs $1M last year. "Our fiscal year 2026 results reflect an important period of investment and progress. We have advanced several priorities that strengthen the foundation for scalable growth, including the launch of our new lunar resource and infrastructure strategic initiatives. We believe these initiatives could expand our addressable opportunities and position us to better serve customers over the long term. We enter the new year focused on executing on these opportunities with the goal of converting pipeline opportunities into revenue growth," stated Thomas B. Pickens, III, Astrotech's Chairman, Chief Executive Officer and Chief Technology Officer.