XRP Faces $1.37 Hurdle as Bullish $10 Forecasts Meet Skepticism
Crypto Sarah Chen

XRP Faces $1.37 Hurdle as Bullish $10 Forecasts Meet Skepticism

XRP trades near $1.37 as bullish $10 forecasts clash with skepticism over Ripple's payments strategy. Standard Chartered projects $2.80 by 2026, but analysts warn RLUSD stablecoin may reduce XRP's role.

IBIT
Tech Sell-Off Drags Nasdaq Lower as Treasury Yields Spike
Markets Daniel Marsh

Tech Sell-Off Drags Nasdaq Lower as Treasury Yields Spike

U.S. stocks declined Tuesday, led by a 1.05% drop in the Nasdaq, as rising Treasury yields and elevated oil prices weighed on investor sentiment ahead of Nvidia earnings and Fed minutes.

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Markets Daniel Marsh

Nebius Shares Slide 7.5% After Google-Blackstone AI Venture, Downgrade

Nebius Group NV shares dropped 7.5% after Google and Blackstone launched a $5B AI cloud venture and D.A. Davidson downgraded the stock. Revenue surged 684% to $399M.

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Generation Income Properties Shares Surge 46% After Insider Filing
Markets Daniel Marsh

Generation Income Properties Shares Surge 46% After Insider Filing

GIPR shares jumped 45.5% to $0.3549 after insiders disclosed stakes, but the REIT reported a $2.13 million loss and going concern warning.

GIPR
Snowflake Stock Surges on AI Optimism Ahead of Q1 Earnings
Earnings James Calloway

Snowflake Stock Surges on AI Optimism Ahead of Q1 Earnings

Snowflake shares jumped 6.3% Tuesday, outperforming major indexes, after BofA Securities raised its price target citing strong AI demand. Investors await fiscal Q1 results due May 27.

SNOW
Earnings James Calloway

Agilysys Surges on Record Revenue, 2027 Forecast

Agilysys shares surged 28% after the company posted record fiscal Q4 revenue and unveiled a bullish 2027 revenue forecast, with analysts raising price targets.

AGYS
Technology Sarah Chen

Seagate Stock Slips on Supply Constraints Amid AI Storage Surge

Seagate shares dropped again Tuesday after CEO Dave Mosley said new factories take too long to meet AI demand, focusing on tech upgrades instead.

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Bakkt Shares Surge After Director's $4.85M Insider Purchase
Crypto Sarah Chen

Bakkt Shares Surge After Director's $4.85M Insider Purchase

Bakkt shares surged 14.2% pre-market after director Michael Alfred acquired $4.85 million in stock. CEO Akshay Naheta also exercised options as the company shifts focus to stablecoin payments.

BKKT COIN PYPL
Technology Sarah Chen

Relay Therapeutics Surges on Promising Vascular Anomaly Data

Relay Therapeutics shares surged 11.3% premarket after reporting a 60% volumetric response rate from its Phase 2 trial of zovegalisib for vascular anomalies, with no patient discontinuations due to adverse events.

RLAY
CoreWeave Drops 3% as Google and Blackstone Unveil $5B AI Cloud Venture
Markets Daniel Marsh

CoreWeave Drops 3% as Google and Blackstone Unveil $5B AI Cloud Venture

CoreWeave shares dropped 3.3% in premarket as Google and Blackstone's $5B AI cloud venture intensified competition fears. CoreWeave also closed a $3.1B loan facility.

GOOGL BX NVDA
Rubico Stock Skyrockets 128% in Premarket on Massive Volume Spike
Markets Daniel Marsh

Rubico Stock Skyrockets 128% in Premarket on Massive Volume Spike

Rubico Inc shares jumped 127.75% to $3.94 in premarket trading Tuesday, with volume surging to 34.04 million shares versus an average of 95,000, following a May 8 SEC filing for a proposed unit offering with warrants.

RUBI
Adobe Shares Gain Premarket as Tech Selloff Tests Recovery
Markets Daniel Marsh

Adobe Shares Gain Premarket as Tech Selloff Tests Recovery

Adobe shares gained 2.14% in premarket trading Tuesday, continuing a rebound as the broader tech sector faced renewed selling pressure.

ADBE