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Robinhood Shares Rally as April Data Signals Retail Resurgence
Robinhood shares jumped 5.3% after April data showed platform assets rose 12% to $345.4B and net deposits hit $6B, signaling renewed retail engagement.
Leslie's Shares Surge 160% on Sales Rebound, Turnaround Still Underway
Leslie's shares skyrocketed 160% after Q2 sales grew 4.3% and customer traffic improved, though the company reported a wider net loss of $52.5 million.
Senate Panel Advances Crypto Bill; Coinbase Shares Surge
Coinbase shares rose 7.7% after the Clarity Act advanced in the Senate, but the bill faces a tough floor vote.
Senate Panel Advances Crypto Bill, XRP Eyes Key Resistance Level
The U.S. Senate Banking Committee approved the Digital Asset Market Clarity Act in a 15-9 vote, pushing XRP toward the $1.50 resistance level amid rising institutional inflows.
PureCycle Soars 25% on New Jersey Recycled Content Approval
PureCycle shares jumped 24.7% to $12.72 after New Jersey regulators approved its PureFive resin as postconsumer recycled content under state packaging law.
GTA 6 Preorder Hype Lifts Take-Two Ahead of Earnings
Take-Two shares rose 6.5% on speculation that GTA 6 preorders may begin next week. The real test comes with earnings on May 21.
Mobix Labs Surges 86% on Plan to Acquire Rare Earth Firm Amid US-China Tensions
Mobix Labs shares jumped 86% after announcing a non-binding letter of intent to acquire Special Project Delivery LLC, a US rare earths firm, as defense sourcing rules tighten.
Lumen Technologies Rises 14% on Debt Refinancing and AI-Focused Fiber Expansion
Lumen shares jumped 14% on debt refinancing and a new AI-focused fiber route, as the company shifts from consumer telecom to enterprise infrastructure.
TSMC Revises Global Chip Market Forecast to $1.5 Trillion, Highlighting AI-Driven Capacity Squeeze
TSMC increased its 2030 global semiconductor market forecast to $1.5 trillion, driven by AI demand. AI and high-performance computing are expected to represent 55% of the market.
MARA Holdings Rallies 5.8% After $1.5B Bitcoin Sale Fuels AI Pivot
MARA Holdings shares rose 5.8% after the company sold 20,880 bitcoin in Q1 to fund a $1.5 billion acquisition for AI and high-performance computing expansion.
Broadcom Surges to Record High Ahead of Q2 Earnings on AI Optimism
Broadcom shares hit a record high above $439 Thursday ahead of its June 3 earnings report, driven by analyst upgrades and strong AI chip demand.
Nu Holdings Earnings: Key Test for Nubank’s Profitability
Nu Holdings reports Q1 earnings tonight. Analysts forecast EPS of $0.20 and revenue of $5.06 billion. NU shares rose 0.9% to $12.94 ahead of the release.