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.
Novavax Shares Surge on Pfizer Deal, Vaccine Strategy Shift
Novavax shares surged 13% Friday after Q1 revenue of $139.5 million beat estimates, fueled by a $30 million Pfizer licensing deal for Matrix-M adjuvant.
POET Technologies Stock Rebounds Amid Securities Lawsuit and Marvell Fallout
POET Technologies shares rebounded 14.5% to $10.97 on Friday, even as a securities lawsuit over tax disclosures and cancelled Celestial AI orders moves forward with a June 29 lead plaintiff deadline.
Traws Pharma Soars on Hantavirus Push After Cruise Fatalities
Traws Pharma shares surged over 21% after the biotech said it would advance hantavirus drug candidates following a fatal cruise ship outbreak. The company has no approved treatments and recently raised $10 million.
Eos Energy Shares Surge 22% Ahead of Earnings on AI Data Center Deal
Eos Energy shares surged 22% to $7.75 ahead of its May 13 earnings report, fueled by a joint development deal with TURBINE-X Energy for AI data center storage. Investors eye manufacturing rebound and legal hurdles.
S&P 500 and Nasdaq Scale New Peaks on Robust Jobs Data
The S&P 500 and Nasdaq reached all-time highs midday Friday, buoyed by stronger-than-expected April jobs data and gains in Nvidia and Apple.
Xanadu Quantum Shares Slide as New Leveraged ETF Launches and 294M Share Filing Looms
Xanadu Quantum stock dropped 6.16% to $16.31 amid a 294 million-share filing and the launch of a 2x leveraged ETF. Q1 results are due May 14.
GD Culture Group Weighs $10.75/Share Bid as Stock Trades at $0.16
GD Culture Group is reviewing a $10.75/share buyout bid from two investors, but with shares at $0.16 and financing unsecured, the deal faces significant hurdles.
Memory ETF DRAM Hits $5B Inflows as AI Chip Demand Surges
Roundhill Investments' Memory ETF (DRAM) has drawn over $5 billion since its April 2 launch, with $1.1 billion in inflows on Thursday alone, as investors bet on memory chip makers critical to AI supply chains.
Fluence Energy Surges on $2B Order Intake, Analyst Upgrade
Fluence Energy (FLNC) shares surged after Roth/MKM upgraded the stock to Buy and doubled its price target to $26, citing a record $5.6B backlog and $2B in orders.
Carvana Stock Split Goes Live as CVNA's Recovery Gains Traction
Carvana's 5-for-1 stock split takes effect Thursday, with shares trading on a split-adjusted basis Friday. The move follows record Q1 sales and a staggering stock rebound.
Fidelity Cuts 800 Jobs, Plans 5,300 Hires in Tech Restructuring
Fidelity Investments cuts 800 jobs as it restructures technology and product teams, while planning 5,300 new hires this year, including 2,000 early-career employees.