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Coherent Stock Slips 6.6% Amid Profit-Taking in AI Optics Sector
Coherent Corp. (COHR) dropped 6.6% to around $352 on Friday, even as the broader market rose, signaling profit-taking in AI optics stocks.
Dow Closes Above 51,000 as Falling Oil and Iran Truce Hopes Lift Sentiment
The Dow Jones Industrial Average closed above 51,000, up 358.82 points, as falling oil prices and hopes for a U.S.-Iran truce boosted market sentiment.
Aurora Gains on Analyst Optimism, Autonomous Trucking Focus
Aurora Innovation shares climbed 3.6% Friday after Northland Securities began coverage with an Outperform rating. The autonomous trucking firm is advancing paid driverless freight routes.
Ambev Rally Faces Analyst Split as BTG Upgrades, Goldman Warns
Ambev shares rose slightly Friday, outperforming the Ibovespa, as analysts diverge on the brewer's prospects after strong Q1 results.
Bitmine Stock Gains on $12.3B Crypto Holdings and Russell Index Consideration
Bitmine shares edged up 1% as the company revealed $12.3 billion in crypto and investments, including 5.39 million ETH, and was included on FTSE Russell's draft list for index additions.
DevvStream Stock Skyrockets 150% on Merger Confirmation
DevvStream shares surged 150% after confirming its three-way merger with XCF Global and Southern Energy Renewables remains active. The company plans an SEC Form S-4 filing soon.
Atlassian Stock Soars 15% on Renewed Software Sector Confidence
Atlassian shares jumped 15.6% to $107.85 Friday, with nearly 9.6 million shares traded, as investors shifted focus from AI disruption fears to strong peer results.
Adobe Shares Surge 6.5% as Wall Street Reassesses AI Competition
Adobe shares surged 6.5% to $257.10, driven by renewed buying ahead of earnings, despite ongoing AI competition from Canva and Figma.
Keel Infrastructure Extends Rally as AI Data Center Aspirations Drive Investor Interest
Keel Infrastructure shares continued their surge Friday, gaining 2.1% to $5.69, as investors focus on the company's transformation into an AI data center provider, even without a signed colocation deal.
NuScale Power Jumps 5% as SMR Licensing Reform and TVA Deal Await
NuScale Power shares gained 5.3% on Friday as investors focused on regulatory reforms and a possible TVA power purchase agreement.