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Ondas Shares Jump 9% After Omnisys Deal Closure, Revenue Surge
Ondas shares jumped 9% after closing its Omnisys acquisition and reporting Q1 revenue of $50.1M, up from $4.3M a year ago. The company targets $390M in 2026 revenue.
T1 Energy Surges on Solar Tax Credit Optimism
T1 Energy surged $2.61 to $10.69 on heavy volume, driven by investor focus on solar tax credits. The company faces scrutiny over China links but defends its eligibility.
Final May Social Security Payments Scheduled for Wednesday
Social Security sends final May payments Wednesday for birthdays 21st-31st. June SSI starts Monday. $137.4B paid in April to 75.5M recipients.
GE Wins Air Force Contract for Drone Engine, Shares Climb
GE Aerospace has been awarded a U.S. Air Force contract for its GE426 engine, moving into preliminary design review for autonomous combat aircraft. Shares rose 2.8%.
Palantir's AI Growth Story Meets Wall Street Valuation Skepticism
Palantir shares rose 0.8% to $137.98 Tuesday but remain down 23% in 2026, as investors weigh strong AI-driven revenue growth against a high valuation and rising competition.
Microsoft's $190B Capex Plan Pressures Stock as AI Spending Surge Continues
Microsoft shares fell nearly $3 to $415.61 as investors weigh a $190 billion capital spending plan for 2026. Despite strong Azure growth of 40%, concerns over AI spending returns persist.
Congresswoman's Qualcomm Stock Sale Draws Attention Amid AI Chip Boom
Rep. Sara Jacobs disclosed up to $2 million in Qualcomm stock sales from a family trust, just before QCOM shares jumped 5% on news of an AI chip deal with ByteDance.
Costco Shares Dip Ahead of Q3 Earnings Amid Valuation Concerns
Costco shares slipped 2.7% to $1,000.48 as investors weigh high valuation ahead of fiscal Q3 earnings on May 28. Analysts forecast $4.98 EPS on $69.61 billion revenue.
Tech Stocks Propel S&P 500 and Nasdaq Higher; Dow Slips on Energy and Healthcare Weakness
The Dow slipped 0.26% on Tuesday as UnitedHealth and Chevron weighed, while the S&P 500 and Nasdaq rallied on tech and AI stocks. Oil prices climbed amid geopolitical concerns.
Western Digital Soars to Record on HDD Demand for AI Data Centers
Western Digital shares surged 10% to a record $532.74 after Evercore ISI boosted its price target to $575, highlighting the critical role of HDDs in AI infrastructure.