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Klaviyo Stock Stays Near Low Amid Slowing Growth and Insider Sale Filing
Klaviyo shares closed Tuesday near their 52-week low after a sharp post-earnings decline. A Form 144 insider sale filing and CFO departure add to investor caution as growth slows.
Meiwu Technology Extends Rally After AI Skincare Funding
Meiwu Technology shares jumped 97% Tuesday and rose 12% premarket after the company raised $15.65 million for an AI skincare platform.
Astera Labs Surges on AI Networking Optimism Ahead of Nvidia Earnings
Astera Labs shares surged 13.3% on Tuesday as investors cheered management's comments on faster Scorpio X switch ramps and optical networking tied to Nvidia's NVLink Fusion.
Snowflake Stock Surges on Upgraded Price Target Ahead of Quarterly Earnings Release
Snowflake shares climbed 3.2% to $169.55 after BofA Securities boosted its price target to $205, anticipating robust fiscal Q1 results. The company reports earnings May 27.
European Markets Slip as UK Inflation Eases; M&S and Experian in Focus
European stocks dipped on Monday as UK inflation eased, with M&S rising on strong results and Experian falling despite record earnings. Bank Indonesia surprised with a 50 bps rate hike.
Viavi Solutions Plunges on $500M Stock Offering for Debt Reduction
Viavi Solutions shares dropped 7.1% after-hours Tuesday after the company announced a $500 million stock offering to repay debt, potentially adding 10.1 million new shares.
ADI Stock Jumps on $1.5B AI Power Deal as Earnings Approach
Analog Devices shares gained 1.36% after-hours after announcing a $1.5 billion cash deal for Empower Semiconductor, aiming to bolster AI infrastructure power solutions.
GCL Global Surges 132% After-Hours on $10M ADATA Investment in 4Divinity Unit
GCL Global shares jumped 132% after-hours to $1.00 following a $10M strategic investment from ADATA Technology in its 4Divinity unit, pushing the stock above Nasdaq's $1 minimum bid threshold.
James Hardie Shares Slide on Housing Concerns Despite Revenue Beat
James Hardie shares dropped on weak housing demand outlook, despite a Q4 revenue beat. Net income fell 35% to $28.5 million, while sales jumped 45% to $1.40 billion.