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AES Accepts $15 Per Share Take-Private Bid Led by BlackRock, EQT Consortium
AES Corporation has entered into a definitive agreement to be acquired and taken private for $15.00 per share in cash by an investor group led by Global Infrastructure Partners and EQT Infrastructure. The deal follows a significant stock price decline as investors weigh regulatory hurdles.
Ondas Gains on $10M World View Investment, Defense Surveillance Pact
Ondas Holdings Inc shares advanced in premarket trading Tuesday following the announcement of a $10 million strategic investment in World View Enterprises and a new defense surveillance partnership. The stock builds on Monday's 5.9% gain.
AXT Shares Retreat on Insider Sale Plans Following Sector Rally
AXT Inc shares declined over 6% in premarket trading Tuesday, giving back part of Monday's 22% surge. SEC filings revealed the CEO, CFO, and a director filed to sell a combined 753,801 shares worth approximately $30.2 million.
Target Projects 2026 Sales Rebound as New CEO Charts Turnaround
Target Corporation has issued a 2026 outlook projecting a return to net sales growth of approximately 2%, alongside an earnings per share forecast between $7.50 and $8.50. The retailer's shares advanced 5.5% in premarket trading following the announcement.
Rubico Shares Soar on Massive NAV Discount Disclosure
Rubico Inc shares jumped more than 50% in premarket activity Tuesday after the company disclosed an estimated net asset value of $94.2 million, representing a steep discount to its current market valuation.
Nvidia Invests $2 Billion in Lumentum for AI Data Center Optics
Lumentum Holdings shares surged 11.8% in premarket trading after Nvidia announced a $2 billion investment and supply agreement focused on AI data center optics. Stifel raised its price target on LITE to $800.
Ouster Surges on Surprise Q4 Profit, Royalty Windfall Fuels Pre-Market Rally
Ouster shares surged 17% in premarket trading following a surprise quarterly profit, largely fueled by a significant one-time royalty payment. The company's Q4 revenue reached $62.2 million with GAAP net income of $4 million.
Nokia Shares Retreat After MWC AI Partnership Surge
Nokia shares declined 1.3% to €6.74, giving back some of Monday's 5.3% rally fueled by a series of artificial intelligence and network partnership announcements at the Mobile World Congress in Barcelona.
Estée Lauder Shares Extend Decline Amid Travel Retail and Margin Concerns
Estée Lauder shares continued their downward trajectory Tuesday, dropping approximately 2.2% in premarket trading following Monday's 8.5% plunge. The beauty sector faces renewed pressure from margin concerns and travel retail headwinds.
Lululemon Founder's Board Challenge Weighs on Shares
Lululemon shares fell in premarket trading following a new proxy filing from founder Chip Wilson, who is seeking board changes. The stock has declined significantly this year.
JetBlue Shares Dip Amid Oil Price Surge, Barclays Adjusts Stance
JetBlue Airways shares declined in premarket activity following a spike in crude oil prices, with Barclays upgrading the stock while highlighting persistent industry challenges.
Maryland School District Retreats from Electric Bus Plan, Seeks 140 Diesel Units
Montgomery County Public Schools is requesting bids for 140 diesel school buses, citing persistent charging and maintenance problems with its electric fleet. The district continues to operate 285 electric buses under a 2021 contract currently under legal appeal.