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