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Indian Stocks Hold Gains on Lower Oil, Rupee Recovery
Indian stocks traded higher on Thursday, supported by a drop in oil prices and a rebound in the rupee after RBI intervention, with Apollo Hospitals and Lenskart gaining on strong earnings.
SPCK ETF Rises as SpaceX Files for $75B IPO Under Former Ticker
SPCK closed up 0.64% at $22.09 after SpaceX filed for a $75 billion IPO under the fund's former ticker SPCX, amid a busy new-issue calendar.
EnerSys Surges After Hours on Earnings Beat and Strong Guidance
EnerSys shares rose 5.8% in after-hours trading after reporting Q4 adjusted EPS of $3.19 on $988M revenue, both above estimates, and Q1 guidance above consensus.
Silexion Rockets 97% on Cancer Trial News, Nasdaq Compliance and Cash Concerns Remain
Silexion Therapeutics shares surged 97% on Wednesday following Israeli approval for a Phase 2/3 trial of its pancreatic cancer drug SIL204, but the company still grapples with cash burn, dilution risks, and Nasdaq compliance.
AEVEX Soars on Q1 Profit, Revenue Surge and Air Force Deal
AEVEX shares jumped 10% after hours after reporting a Q1 profit of $21M, revenue of $216.7M, and new Air Force contracts worth $15.6M, prompting a raised full-year outlook.
Jupiter Neurosciences Shares Plunge on $100M MDMA Deal and Dilutive Offering
Jupiter Neurosciences shares fell 37% to $0.205 after announcing a $100M licensing deal for MDMA drug ALA-002 and a $2M stock offering, with trading volume exceeding 230 million shares.
Urban Outfitters Hits Record Q1, Nuuly Growth Offsets Tariff Pressure
Urban Outfitters posted record Q1 net income of $115.7M and sales of $1.48B, beating estimates. Shares rose 4% before dipping after hours, as tariff costs and inventory buildup tempered optimism.
Xanadu Shares Surge 20% as Quantum Sector Rebounds; Massive Share Overhang Persists
Xanadu Quantum Technologies shares surged 20.4% to $14.13 on Wednesday, recovering from a steep May decline as the broader quantum sector rallied. The company reported Q1 revenue of $2.83 million and a net loss of $20.6 million, with significant share overhang from a prospectus covering up to 293.7 million additional shares.
MicroAlgo Stock Rockets 40% on Quantum Algorithm News
MicroAlgo shares jumped 40% following news of a quantum image-processing algorithm, though no commercial deals or revenue forecasts were announced.
Immunovant Shares Surge on Promising Arthritis Drug Data
Immunovant shares soared 35% after its experimental rheumatoid arthritis drug, IMVT-1402, demonstrated high response rates in a difficult-to-treat patient population, prompting a re-rating by Wall Street.
FuelCell Energy Stock Jumps 16.5% on Renewed AI Data Center Optimism, Analysts Remain Cautious
FuelCell Energy shares surged 16.5% to $20.22 on renewed AI data center demand, but analysts remain cautious as the company reported a $26.1M loss and declining backlog.