Articles by Sarah Chen
Redwire Shares Surge 26% on Drone Orders and Record Backlog
Redwire shares jumped 26% to $22.04 Tuesday on record volume, driven by drone orders, a $498.1 million backlog, and a possible $350 million share sale. First-quarter revenue rose 57.9% but net loss widened to $76.5 million.
Nvidia Slips as AI Boom Lifts Broader Market to Records; What's Next for Traders
Nvidia shares slipped 55 cents to $214.86 even as the S&P 500 and Nasdaq closed at record highs. Q1 revenue surged 85% to $81.6B, data center revenue jumped 92%, but China revenue halved amid export restrictions.
Richtech Robotics Surges Despite Delayed SEC Filing
Richtech Robotics surged 49.5 cents to $3.17 Tuesday on volume exceeding 39 million shares, even as the company disclosed a late SEC filing for its March quarter.
Joby Aviation Gains 5.6% on Holiday Return, Eyes Certification Milestones
Joby Aviation shares climbed 5.6% to $11.53 in late trading Tuesday, outpacing eVTOL peers as U.S. markets returned from Memorial Day. No company-specific catalysts drove the move.
Braiin Stock Surges 98% on Switchcraft Deal Targeting UK Proptech Market
Braiin shares surged 98.5% on Nasdaq after announcing a partnership with Switchcraft to add utility and telecom switching to its proptech platform, with heavy trading volume and multiple volatility halts.
NuScale Surges on NRC Rule Changes for Faster SMR Approvals
NuScale Power shares rose 7.6% to $12.27 after reports the NRC is fast-tracking rule changes to accelerate SMR approvals, reigniting investor interest in the sector.
POET Technologies Stock Dips 7.7% Despite AI Chip Rally After $400M Offering
POET Technologies shares fell 7.7% to $13.46 Tuesday despite a broad chip rally, as a $400M stock-and-warrant offering and Marvell order cancellation weighed on sentiment.
BlackBerry Stock Surges 6% on FedRAMP Re-Certification and Buyback
BlackBerry shares rose 6.1% to $8.39 on Tuesday, driven by FedRAMP re-certification for its AtHoc platform and a renewed share buyback plan. CIBC raised its price target to $8.50.
GE Wins Air Force Contract for Drone Engine, Shares Climb
GE Aerospace has been awarded a U.S. Air Force contract for its GE426 engine, moving into preliminary design review for autonomous combat aircraft. Shares rose 2.8%.
Palantir's AI Growth Story Meets Wall Street Valuation Skepticism
Palantir shares rose 0.8% to $137.98 Tuesday but remain down 23% in 2026, as investors weigh strong AI-driven revenue growth against a high valuation and rising competition.
Microsoft's $190B Capex Plan Pressures Stock as AI Spending Surge Continues
Microsoft shares fell nearly $3 to $415.61 as investors weigh a $190 billion capital spending plan for 2026. Despite strong Azure growth of 40%, concerns over AI spending returns persist.
Congresswoman's Qualcomm Stock Sale Draws Attention Amid AI Chip Boom
Rep. Sara Jacobs disclosed up to $2 million in Qualcomm stock sales from a family trust, just before QCOM shares jumped 5% on news of an AI chip deal with ByteDance.