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Tesla Shares Decline on Stalled China FSD Approval After US-China Summit
Tesla shares dropped 3.7% after President Trump left Beijing without securing Chinese approval for its Full Self-Driving software, dampening investor sentiment.
Rivian's Robotics Spin-Off Mind Robotics Valued at $3.4 Billion
Mind Robotics, a robotics startup spun out of Rivian, raised $400 million at a $3.4 billion valuation. Rivian shares fell to $13.96 as R2 SUV deliveries begin.
Micron Drops 5% as Samsung Strike Looms Over AI Memory Boom
Micron stock slid 5.2% Friday on profit-taking and concerns over a possible Samsung strike that could disrupt AI memory supplies.
Plug Power Shares Slip Amid Cash Burn Concerns Despite Revenue Growth
Plug Power shares dipped 1.7% to $3.725 on Friday, as robust Q1 revenue growth of 22% to $163.5 million was overshadowed by a widened net loss of $245.3 million and operating cash burn of $150 million.
Ford Stock Retreats After AI-Driven Energy Storage Rally Fades
Ford shares dropped 7% Friday after a rally sparked by its new energy storage unit. The business targets data centers but hasn't shipped yet.
Biogen Completes Apellis Takeover, Gains Rare-Disease Pipeline
Biogen has completed its acquisition of Apellis Pharmaceuticals, delisting APLS shares. Biogen gains Syfovre and Empaveli, plus a kidney disease pipeline, with a CVR tied to Syfovre sales.
Nokia Stock Retreats After AI Rally: Key Details for Investors
Nokia's US-listed shares dropped about 5% Friday, pulling back from an AI-driven rally. The company reported a 54% rise in Q1 operating profit and named a new mobile infrastructure president.
XRP Slips as Rising Yields Dampen Crypto Rally
XRP fell to $1.44 Friday as rising bond yields and reduced Fed cut bets weighed on risk assets, overshadowing regulatory progress.
Bitcoin Drops Below $80K as Inflation Fears and Treasury Yields Pressure Crypto
Bitcoin fell below $80,000 on Friday, pressured by elevated inflation, a spike in Treasury yields, and significant ETF outflows totaling over $860 million.
POET Technologies Stock Drops on $400M Dilutive Financing Deal
POET Technologies shares dropped 10% after announcing a $400M direct offering of shares and warrants, sparking dilution concerns despite a $50M order from Lumilens.
Ondas Soars on $390M Revenue Target After Drone Sales Surge
Ondas raised its 2026 revenue target to at least $390 million after Q1 revenue surged to $50.1 million, sending shares up 27%.
Private Equity Giants Circle Magnum Ice Cream After Stock Decline
Blackstone and CD&R are considering bids for Magnum Ice Cream, owner of Ben & Jerry's and Cornetto, after its stock slipped. Shares surged 16% on the news.