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POET Technologies Shares Tumble After $400M Capital Raise
POET Technologies shares dropped 14.2% to $13.70 after a $400M direct investment with MMCAP, issuing 19M shares and warrants at $21. The capital raise follows a $50M Lumilens order and a Q1 net loss.
Plug Power Shares Slide 9.8% as Post-Earnings Rally Fades
Plug Power shares dropped 9.8% to $3.41 on Monday, retreating from a post-earnings rally as concerns over losses and cash burn persist.
Analysts Boost Walmart Targets Ahead of Q1 Earnings Report
Walmart shares gained 0.8% Monday after multiple Wall Street analysts raised price targets ahead of the retailer's fiscal first-quarter earnings report on Thursday.
TSMC Projects $1.5T Semiconductor Market by 2030 as AI Demand Surges
TSMC now expects the global semiconductor market to exceed $1.5 trillion by 2030, fueled by AI. The company also outlined aggressive capacity expansion and advanced packaging milestones.
Dow Inches Higher, Nasdaq Slips as Bond Yield Retreat Fails to Calm Markets
Stocks were mixed Monday as the Dow edged up but the Nasdaq fell, with bond yields pulling back from recent highs. Dominion Energy jumped on a $66.8B acquisition by NextEra, while Regeneron slid on a trial miss.
Intel Edges Higher as AI-Driven Demand Offsets Market Jitters
Intel shares inched up Monday as analysts raised targets and the AI narrative gained traction. Data center revenue surged 22%, but server CPU market share slipped.
BofA Turns Bearish on Salesforce, Flags AI Risk to Growth Model
BofA Securities reinstated Salesforce with an Underperform rating and $160 target, citing AI risks to its growth model. Shares rose despite the bearish note.
Sanctions Waiver Hints Send Oil Lower, Bonds Steady Amid Strait of Hormuz Crisis
Oil prices fell Monday after reports the U.S. may offer Iran a temporary sanctions waiver, easing earlier panic over the closed Strait of Hormuz. Brent crude dropped below $108, while the 10-year Treasury yield hit 4.631%.