Mister Car Wash Exits Nasdaq After $3.1B Take-Private by Leonard Green
Markets Daniel Marsh

Mister Car Wash Exits Nasdaq After $3.1B Take-Private by Leonard Green

Mister Car Wash has been taken private by Leonard Green & Partners in a $3.1 billion deal, ending its Nasdaq listing. Shareholders received $7.00 per share.

T1 Energy Surges on Hedge Fund Stake and Short Seller Allegations
Markets Daniel Marsh

T1 Energy Surges on Hedge Fund Stake and Short Seller Allegations

T1 Energy shares surged 17% as a hedge fund disclosed a new stake, while a short-seller report questioned the company's tax-credit eligibility and China-linked supply chain.

FXI
POET Technologies Surges 11% After Closing $400M Offering; Revenue Concerns Persist
Technology Sarah Chen

POET Technologies Surges 11% After Closing $400M Offering; Revenue Concerns Persist

POET Technologies shares climbed 11% to $14.55 after closing a $400 million direct offering, bouncing back from an 8% drop on dilution concerns. The company reported Q1 revenue of $503,389 and a net loss of $12.3 million.

POET NVDA LITE COHR MRVL
Nokia Secures FCC Approval for Broadband Devices, Optical Market Poised for Growth
Technology Sarah Chen

Nokia Secures FCC Approval for Broadband Devices, Optical Market Poised for Growth

Nokia shares gained 3.37% in Helsinki after the FCC conditionally approved its Beacons and ONT devices. Dell'Oro Group predicts the optical transport equipment market will grow 16% in 2026, fueled by AI data centers.

XLK
Biogen Closes Apellis Takeover; Focus Shifts to Syfovre Milestones
Markets Daniel Marsh

Biogen Closes Apellis Takeover; Focus Shifts to Syfovre Milestones

Biogen has completed its $5.6 billion acquisition of Apellis Pharmaceuticals, delisting APLS from Nasdaq. Shareholders received $41 per share plus a contingent value right linked to Syfovre sales targets.

BIIB APLS
Vida CEO Buys $1.19M in Shares After AI IPO Stumbles
IPO Michael Okonkwo

Vida CEO Buys $1.19M in Shares After AI IPO Stumbles

Vida Global CEO Lyle Pratt bought $1.19M in shares after the AI firm's $15M IPO fell 42.8%. The stock closed at $2.29, well below the $4 offer price.

TJX Shares Jump After Parent Company Raises Annual Guidance
Earnings James Calloway

TJX Shares Jump After Parent Company Raises Annual Guidance

TJX Companies raised its fiscal 2027 sales, earnings, and buyback targets after a better-than-expected Q1, sending shares up 3.6% premarket.

TJX
ImmunityBio's Anktiva Expansion Faces FDA Scrutiny with 2027 Decision Date
Regulation James Calloway

ImmunityBio's Anktiva Expansion Faces FDA Scrutiny with 2027 Decision Date

ImmunityBio's supplemental BLA for Anktiva in papillary-only bladder cancer has been accepted by the FDA, with a decision expected by Jan. 6, 2027. The company's stock traded at $7.76, down 2.8%.

IBRX
AmpliTech Soars on 5G Hardware Certification for North America
Technology Sarah Chen

AmpliTech Soars on 5G Hardware Certification for North America

AmpliTech shares surged 14% premarket after U.S. and Canadian certification cleared its indoor 5G DAS for immediate sales. The company has orders from a North American mobile operator.

AMPG
Intuit Q3 Earnings: AI Strategy Under Scrutiny as Stock Plunges 39%
Earnings James Calloway

Intuit Q3 Earnings: AI Strategy Under Scrutiny as Stock Plunges 39%

Intuit reports fiscal Q3 results Wednesday, with shares down 39% over the past year. Analysts expect earnings of $12.57 per share on $8.54 billion revenue.

INTU
AWS AI Revenue Hits $15B Run Rate as Amazon Ramps Up $200B Infrastructure Spend
Technology Sarah Chen

AWS AI Revenue Hits $15B Run Rate as Amazon Ramps Up $200B Infrastructure Spend

Amazon Web Services AI services hit $15B annualized revenue, CEO Andy Jassy says. Amazon plans $200B in AI infrastructure capex for 2026, targeting $600B in AWS sales by 2036.

AMZN GOOGL MSFT
NextNRG Shares Retreat After Doubling on Record April Sales
Markets Daniel Marsh

NextNRG Shares Retreat After Doubling on Record April Sales

NextNRG Inc. shares retreated in premarket after doubling on record April revenue of $9.4 million, as cash concerns and Nasdaq listing pressure weighed on investor sentiment.