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PNC Reduces T. Rowe Price Stake Amid Strategic Shift to US Equities
PNC Financial cut its T. Rowe Price stake by 4.3% in Q4. T. Rowe shifts to US equities, reports $1.825T AUM, but net outflows hit $10.6B. Q1 EPS of $2.52 beat estimates.
NIO Shares Slip Despite Strong Q1 Revenue, Delivery Outlook
NIO shares declined 5.5% in premarket trading Friday even as the company reported a 112% jump in first-quarter revenue and a positive delivery outlook.
Quantum Stocks Surge as US Government Commits $2 Billion in CHIPS Act Funding
Quantum computing stocks rallied sharply on Thursday after the U.S. Commerce Department unveiled $2 billion in preliminary CHIPS Act funding agreements, with D-Wave, Rigetti, and Infleqtion all surging over 30%.
GTA VI Release Date Confirmed, Take-Two Shares Surge Premarket
Take-Two Interactive shares gained 7% after hours after confirming GTA VI's Nov. 19 release date, easing concerns over delays, despite fiscal 2027 bookings guidance falling short of estimates.
Brent Crude Surges Past $105 on Hormuz Supply Concerns
Brent crude rose 3.2% to $105.88 on Friday as traders doubted a swift U.S.-Iran deal would restore oil flows through the Strait of Hormuz. The IEA warned of a potential supply red zone by August.
American Airlines Slips After Rally; Fuel Costs in Focus
American Airlines shares edged lower Friday after a strong rally, with rising oil prices and CEO Robert Isom's upcoming conference appearance keeping investors cautious.
Plug Power Rides AI Data Center Wave to 14% Gain
Plug Power shares jumped 14.2% on Thursday, buoyed by Bloom Energy's AI data-center deal and news that its Barrow Green Hydrogen project reached final investment decision.
IonQ Shares Surge 12% as Quantum Stocks Rally on $2B Federal Funding
IonQ shares rose 12.24% to $58.89 as quantum stocks rallied on $2.013B in federal incentives, though IonQ wasn't among direct awardees.
Connecticut Car-Accident Claims Grow More Complex as Medical Costs and Evidence Disputes Rise
Mancini Law says Connecticut car-accident claims are growing more complex as medical treatment, recovery times, and insurance disputes lengthen settlements. State data show traffic deaths fell in 2025, but bicycle and pedestrian fatalities rose.
Infleqtion Stock Soars 31% on $100M Quantum Funding Proposal
Infleqtion shares jumped 31.5% to $15.99 after-hours following news of a proposed $100 million U.S. quantum-computing award. The rally is tied to federal backing but remains contingent on final approvals.
IBM Shares Surge on $1 Billion Quantum Chip Investment
IBM shares rose 12.4% after the U.S. Commerce Department proposed a $1 billion award for its new quantum-chip foundry, Anderon, signaling government support for quantum computing.