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Nokia Shares Dip Despite AI Networking Lab Launch in California
Nokia shares slipped 0.7% to 11.650 euros in Helsinki on Thursday, underperforming the broader market, after the company launched an AI Networking Innovation Lab in Sunnyvale, California.
Rocket Lab Stock Drops on $3B Share Sale Plan Amid SpaceX IPO Buzz
Rocket Lab shares slid 5.6% in premarket after filing to sell up to $3 billion in common stock, coinciding with SpaceX's IPO filing that reshapes sector valuations.
Snowflake Shares Dip as BofA Raises Target Ahead of Q1 Earnings
Snowflake shares fell 1.5% to $166.97 after BofA raised its target to $205, while RBC cut its target, citing AI competition. Q1 results due May 27.
T1 Energy Surges 26% as Roth Defense Overcomes Short-Seller Attack
T1 Energy shares surged 26.45% to $8.70 as a Roth Capital analyst defended the company against a short-seller report alleging hidden Chinese ties and tax-credit risks, with a large institutional stake adding bullish momentum.
Intuit Stock Plunges After TurboTax Revenue Cut and Major Layoffs
Intuit shares tumbled 13.4% in late trading after the company cut its TurboTax revenue forecast and announced 3,000 layoffs, overshadowing a profit beat.
HMRC Data Glitch May Reduce UK Workers' Paychecks
HMRC's use of faulty savings-interest data has led to incorrect tax code changes, potentially reducing take-home pay for UK savers. Zopa reports hundreds of customers affected.
EasyJet Shares Dip on Fuel Cost Concerns Amid Summer Outlook
EasyJet shares slipped 0.6% in London after the airline posted a £552 million first-half loss and flagged an uncertain full-year outlook due to rising fuel costs and weaker summer bookings.
SpaceX IPO Could Deliver $91.6B Windfall for Early Backer Gracias, Raising Governance Concerns
Antonio Gracias holds 7.3% of SpaceX Class A stock, potentially worth $91.6B. Filing reveals $20B+ in AI lease obligations tied to Valor-linked entities, adding governance issues.
UK mortgage rates diverge as NatWest hikes, Barclays and Santander cut
NatWest increases selected mortgage rates by up to 24 basis points, while Barclays and Santander reduce some high-LTV products. The Bank of England base rate remains at 3.75%.