Latest News
Medline's $2.7B Secondary Offering Tests Post-IPO Demand
Medline Inc. shareholders sold 72.55 million Class A shares at $37 each in an upsized secondary offering, with the stock closing at $37.01 on Friday. The deal closes May 28.
Apple Hits $4.5 Trillion Market Cap; Holiday Week Tests Rally
Apple closed Friday at $308.82, pushing its market value above $4.5 trillion. The holiday week brings key inflation data and Apple's WWDC, testing the rally.
HPQ Soars 15% on PC Demand Boost Ahead of Earnings
HP Inc. shares jumped 15.3% Friday, their biggest one-day gain in months, after Lenovo's strong results boosted PC hardware stocks. Investors await HP's fiscal Q2 earnings on May 27.
Navitas Semiconductor Surges 37% in a Week Amid AI Data Center Bet
Navitas Semiconductor shares surged 37% over the past week, closing at $29.25 on Friday after a 19.98% gain, driven by AI data center exposure and a capital structure deal.
Nu Holdings Faces Key Test After Friday Dip, Credit Quality in Focus
Nu Holdings closed Friday at $12.73, down 3.3% but up 4.4% for the week. A holiday-shortened week tests the stock amid rising credit-loss allowances and a lower risk-adjusted margin.
IonQ Shares Surge 23% in Week Ahead of Quantum Funding Test
IonQ shares surged 23% in a week on heavy volume, despite missing out on $2 billion in US quantum funding. Focus now shifts to Tuesday's trading.
SoFi Holds Steady as Traders Pivot to PCE Data
SoFi shares ended the week nearly unchanged at $15.62, with traders focused on Thursday's PCE inflation report for clues on rate direction.
BlackBerry Soars 19% on FedRAMP Win and QNX Robotics Debut
BlackBerry shares jumped 19% Friday after the company announced its AtHoc platform received FedRAMP High re-certification and QNX will demo at the Robotics Summit. Q4 revenue rose 10% to $156 million.
Ondas Stock Faces Headwinds After Omnisys Acquisition and Resale Filings
Ondas shares declined 1.31% to $9.06 after closing a $196.6 million all-stock acquisition of Omnisys and registering shares for resale, despite strong revenue growth and a $457 million backlog.
T1 Energy Faces Pivotal Tuesday After Short-Seller Attack and Volatile Trading
T1 Energy shares closed at $8.08 Friday, down 7.34% but up 42.5% for the week after a volatile midweek surge. The stock faces scrutiny from short seller Fuzzy Panda Research over clean-energy credit eligibility, disputed by Roth Capital.