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Navitas Surges on AI Data Center Power Play, But Profitability Remains Elusive
Navitas shares rose 16.33% to $28.36 amid renewed AI infrastructure interest, though breakeven may require quarterly sales above $30 million.
Qualcomm Soars 13% on Expanded Stellantis Auto Chip Deal
Qualcomm shares jumped 12.7% to $240.44 after Stellantis expanded a multi-year partnership to deploy Snapdragon Digital Chassis in next-gen vehicles, including Level 2+ hands-free driving.
Dutch Regulator Halts Mid-Contract Gas Price Hikes Linked to Carbon Rules
Dutch regulator ACM has blocked energy suppliers from raising gas prices mid-contract for future EU carbon and green-gas costs, affecting Budget Thuis, Delta, and Vattenfall.
Dell Stock Surges on AI Demand, But Analysts Warn of Risks Ahead
Dell shares surged over 10% to a 52-week high after Wells Fargo and Morgan Stanley raised price targets, but analysts warn of memory inflation and supply chain risks.
Mister Car Wash Delisted After $3.1B Buyout by Leonard Green
Mister Car Wash shares are no longer trading after Leonard Green completed a $3.1 billion buyout, paying $7.00 per share to eligible holders.
Nokia Shares Surge on AI Infrastructure Push
Nokia shares rose 8.2% to €13.09 in Helsinki, outperforming the market, following the launch of an AI networking lab and strong Q1 AI sales growth.
Archer Aviation Gains on FAA Certification Progress and 2026 Operations Target
Archer Aviation shares rose 5.8% Thursday on heavy volume as FAA certification for its Midnight eVTOL aircraft progresses. The company expects initial U.S. operations in 2026 under a federal pilot program.
UP Fintech Plunges After China Crackdown on Cross-Border Brokerage
UP Fintech shares fell 34% in premarket trading after China's securities regulator said its Tiger Brokers unit and two peers operated unlicensed cross-border securities businesses for mainland investors.