NASDAQ:CCLD

CareCloud Gains for the Week After Deal News, Monday Trading Next

CareCloud Gains for the Week After Deal News, Monday Trading Next

CareCloud shares closed at $2.35 Friday, up 1.29% after announcing its acquisition of Empower Healthcare & Compliance Partners. The company used operational cash flow for the deal, which closed May 22, and does not expect a major impact on 2026 earnings. First-quarter revenue rose 13% to $31.3 million, with a net loss of 1 cent per share for common shareholders. The S&P 500 and major indexes also gained for the week.
May 30, 2026

Stock Market Today

  • Australia's Truck Drivers Struggle Amid Rising Diesel Costs and Fuel Crisis
    May 30, 2026, 6:39 PM EDT. Australia's truck drivers face escalating challenges as diesel prices surged from about $1.80 to $3.20 per litre amid a global fuel crisis triggered by the war in Iran. Owner-driver Frank Black illustrates the sector's hardship, citing that fuel now consumes a disproportionate share of income, forcing many to halt work temporarily. Industry expert David Peetz warns of growing insolvency rates in the logistics sector, where operating costs, including truck maintenance and delayed payments, strain profitability. High baseline expenses, sometimes over $200,000 annually, threaten the sustainability of small operators, with many facing potential bankruptcy or ceasing operations entirely.