Latest News
BigBear.ai Shares Extend Rally Amid Defense AI Contract Backlog Growth
BigBear.ai stock rallied 3.1% Wednesday, pushing one-month gains to 24.7%, driven by a 14% backlog increase to $281.9M from new defense and travel deals.
Apple Warns EU Over AI Interoperability Rules as Stock Nears $300
Apple flags EU draft rules requiring Android to open to competing AI services as a 'profound risk,' while its stock nears $300 and CEO Cook joins Trump for China trade talks.
Aurora Surges 15% as Volvo and DSV Launch Autonomous Trucking Service in Texas
Aurora Innovation stock surged 15% after Volvo and DSV launched commercial autonomous trucking in Texas. The company aims to deploy over 200 driverless trucks by year-end.
Archer Aviation Advances FAA Certification Despite $218M Quarterly Loss
Archer Aviation shares gained 4.7% as the company reported progress in FAA certification for its Midnight eVTOL, offsetting a $217.7 million first-quarter net loss.
Nu Holdings Shares Dip Ahead of Q1 Earnings; Credit Quality in Focus
Nu Holdings shares slipped 3.3% to $12.84 ahead of Q1 earnings. Analysts forecast EPS of $0.20 and revenue of $5.06B, with credit quality under scrutiny.
Palantir Drops 4.4% Despite Ukraine AI Expansion Meeting
Palantir shares fell 4.4% Wednesday as CEO Alex Karp met President Zelenskiy in Kyiv to expand AI use in Ukraine's war, despite Q1 revenue surging 85%.
Grab Stock Dips Despite Strong Q1 Results, Indonesia Cap Looms
Grab shares slipped 1.1% to $3.60 despite Q1 revenue beating estimates at $955 million and profit jumping to $120 million, as Indonesia's new 8% ride-hailing commission cap weighs on sentiment.
SoFi Acquires PrimaryBid's IPO Platform, Stock Dips on Analyst Outlook
SoFi acquires PrimaryBid's IPO allocation tech to boost retail access. Stock drops 2.9% to $15.44 after Truist cuts target, citing platform concerns.
Inter Venezuela Deploys Harmonic's Virtualized Fiber for 5G Backhaul
Inter Venezuela rolls out XGS-PON backhaul with Harmonic's virtualized fiber gear to support 5G, as Movistar reports 168 5G stations. Harmonic lifts 2026 revenue forecast to $495M.
Anthropic Unveils Claude for Small Biz to Automate Finance and Marketing
Anthropic introduced Claude for Small Business on Wednesday, integrating its AI assistant with apps like QuickBooks, PayPal, HubSpot, and Canva. The product includes 15 preset workflows for tasks such as payroll and invoice management.
Quantum Computing Inc. Shares Retreat as Acquisition Costs Weigh on Growth
QCi shares fell 5.4% Wednesday as investors weighed a dramatic revenue surge from acquisitions against soaring costs and a net loss.
Navitas Shares Surge 10% After $122M ATM Offering Fuels AI Power Chip Push
Navitas Semiconductor raised $122M via an ATM offering, sending shares up 10.5% as it pivots to GaN chips for AI data centers and industrial uses.