Markets News
Latest stock market news and real-time market analysis. Track S&P 500, Nasdaq, and Dow Jones movements, sector rotations, and breaking market events.
IREN Shares Slide on $2 Billion Convertible Note Plan After Nvidia Deal
IREN Ltd. shares dropped 9.43% to $55.43 premarket Monday after announcing a $2 billion convertible note offering, following last week's Nvidia partnership. The company's Q3 revenue fell to $144.8 million with a net loss of $247.8 million.
Nike Stock: Institutional Buying vs. Rising Short Interest
Nicholas Company reported a 123,652-share Nike stake worth $6.53 million as of March 31, while short interest rose to 4.67% by May 1. Wells Fargo downgraded Nike, citing GLP-1 drug risks.
Helport AI Shares Skyrocket 49% in Premarket on Heavy Volume
Helport AI shares jumped 49.1% to $1.47 in U.S. premarket trading Monday, with volume surging to 6.98 million shares. No new corporate news was released.
Soluna Holdings Gains SEC Nod for Share Resale Registration
Soluna Holdings secures SEC clearance for a resale registration of 2.4M shares, while advancing its renewable energy and bitcoin hosting projects.
Novo Nordisk Stock Climbs as Ozempic Study Shows 15.4% Weight Loss in Seniors
Novo Nordisk B shares gained 3.75% in Copenhagen after a pooled analysis revealed semaglutide 2.4 mg resulted in 15.4% weight loss in older adults, reinforcing the company's obesity portfolio.
POET Technologies Hit by Lawsuit After Marvell Cancels Celestial AI Orders
POET Technologies faces a securities class action after Marvell canceled Celestial AI orders, causing a 45% stock drop. Lead-plaintiff deadline is June 29.
Sandisk Hits Record High as AI Storage Demand Drives $245B Market Cap
Sandisk shares hit an all-time high of $1,562.34, pushing its market cap to $245 billion as AI data-center demand fuels a 251% revenue surge.
Fluence Energy Surges 27% on AI Data Center Deals, Record Backlog
Fluence Energy stock soared 27.4% Friday after announcing master supply agreements with two major data-center clients and a record $5.6 billion backlog, despite a quarterly revenue miss.
