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Bradesco Shares Slip Despite Profit Jump as Loan Provisions Rise
Bradesco's preferred shares fell 2.31% despite a 16.1% profit jump, as higher loan-loss provisions and credit quality concerns weighed on investor sentiment.
Ondas Shares Surge on SEC Filing Amid Acquisition Spree Ahead of Q1 Earnings
Ondas Inc. shares climbed over 4% Monday ahead of Q1 earnings, as SEC filings detailed share registrations for recent acquisitions including Mistral Inc. and World View Enterprises.
Ripple Prime Secures $200M Credit Line from Neuberger to Boost Institutional Margin Lending
Ripple Prime has secured a $200 million debt facility from Neuberger Specialty Finance to expand margin financing for institutional clients across equities, fixed income, and crypto.
Qualcomm Hits Record High on AI Data Center Push, Shifting Investor Focus
Qualcomm shares hit an all-time high amid a chip rally, as investors pivot to its data center ambitions. Q2 revenue reached $10.6B, and a $20B buyback was authorized.
Archer Aviation Faces Q1 Test Amid UAE Regulatory Progress
Archer Aviation reports Q1 earnings with a focus on certification milestones and cash burn. UAE regulatory advance boosts prospects for air taxi service.
NuScale Power Gains Despite Citi's $7 Target; Revenue Drops
NuScale Power shares rallied 4.3% to $13.09 Monday, even as Citigroup slashed its price target to $7. First-quarter revenue fell to $565,000, highlighting the need for binding contracts.
Redwire Shares Surge on Record $498M Backlog, Defense Orders in Focus
Redwire shares surged 10% on Monday after reporting a record backlog of $498.1 million, including a $1.8 billion Andromeda contract, and reaffirming its 2026 revenue outlook.
SoFi Technologies to Acquire PrimaryBid, Expanding Retail IPO Access
SoFi Technologies is set to acquire most of PrimaryBid, aiming to expand retail investor access to IPOs. The deal sent SOFI stock up 1.7%.
IonQ Shares Jump 16% After SkyWater Vote Advances Quantum Chip Deal
IonQ shares surged 16% after SkyWater Technology shareholders approved the $1.8B acquisition, bringing semiconductor manufacturing in-house for the quantum computing firm.
Tesla Shares Climb Despite China Sales Dip on Musk's China Trip Hopes
Tesla shares rose 2.8% despite a 9.66% drop in April China retail sales, as exports surged and Musk's potential China trip with Trump boosted sentiment.
IREN Shares Slide on $2B Convertible Note Sale Amid AI Pivot
IREN Limited shares dropped after the company launched a $2 billion convertible note sale to finance its AI infrastructure buildout, including a major Nvidia cloud deal.
Nokia Stock Climbs on AI Cloud Growth, Investor Optimism Returns
Nokia shares surged 4.1% on Monday, driven by a 49% jump in AI and cloud sales and 1 billion euros in orders, though analysts caution on valuation.