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Lululemon Rises on Governance Pact with Founder Chip Wilson
Lululemon shares rose 4.5% after settling a board dispute with founder Chip Wilson, adding two new directors ahead of a CEO transition and Q1 earnings.
AI Memory ETF Shatters Record, Reaches $10B in 50 Days
The Roundhill Memory ETF (DRAM) has become the fastest ETF to reach $10 billion in assets, achieving the milestone in just 50 days amid a surge in AI-related memory chip demand.
Ford's Battery Storage Deal Drives Stock Rally
Ford shares rose 2.6% to $15.32 on Tuesday, driven by a major battery storage deal between Ford Energy and EDF North America. The stock has surged 28% in two weeks.
Berkshire's First Filing Under Greg Abel Reveals Major Portfolio Reshuffling
Berkshire Hathaway's first 13F filing under CEO Greg Abel reveals a substantial increase in Alphabet holdings, a new Delta Air Lines stake, and exits from several major names.
Braiin Shares Retreat After 74% Surge on Switchcraft Utility Deal
Braiin Limited shares dropped 19.9% to $10.00 in pre-market trading Wednesday after soaring 74.2% Tuesday on news of a UK utility-switching deal with Switchcraft, with traders citing little evidence of immediate revenue.
Soligenix Surges on Ebola Vaccine Hopes Amid Congo Outbreak
Soligenix stock surged 94.6% in pre-market trading after tying its ThermoVax technology to the Bundibugyo Ebola outbreak in Congo and Uganda.
X-FAB Shares Surge 76% on Social Media Buzz, Defying Fundamentals
X-FAB shares skyrocketed up to 76% on May 27 after a viral X post triggered heavy retail buying, despite no company news. Q1 revenue fell 4% YoY, but photonics and wide-bandgap chip revenue surged.
Plug Power Stock Steadies as UK Hydrogen Project Advances
Plug Power shares closed Tuesday up 1.59% at $3.84. The company's Barrow Green Hydrogen project in the UK has reached final investment decision, but profitability remains elusive with a Q1 net loss of $246 million.
Rocket Lab Advances Missile-Warning Satellite Program; SpaceX IPO Speculation Lifts Space Stocks
Rocket Lab passes a system requirements review for its $816 million missile-warning satellite program, securing its schedule. The company also won a $90 million Space Force contract and reported strong Q1 revenue growth.
Momentus Stock Jumps Premarket After Filing $200M Shelf Registration
Momentus Inc. shares rose 27.7% in premarket trading Wednesday after the company filed a $200 million shelf registration. Director Chris Hadfield also purchased 2,000 shares last week.
T1 Energy Surges Following Trina Solar's $190M Stake Sale
T1 Energy shares surged 29.3% Tuesday after Trina Solar sold $190M in stock, reducing its stake to 11%. The company's Q1 profit and G2_Austin funding plans are key as US solar policy risks loom.