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Sandisk Hits Record High as AI Storage Demand Drives $245B Market Cap
Sandisk shares hit an all-time high of $1,562.34, pushing its market cap to $245 billion as AI data-center demand fuels a 251% revenue surge.
Hims & Hers Earnings: Weight-Loss Strategy in Focus as GLP-1 Shift Unfolds
Hims & Hers Health reports Q1 earnings Monday after close, with Wall Street expecting ~$617M revenue. The key focus: how its weight-loss business performs after shifting from compounded GLP-1 drugs to FDA-approved options from Novo Nordisk.
Everspin Technologies Surges on $40M Defense MRAM Deal
Everspin Technologies shares rose 25% to $26.99 after announcing a $40 million defense subcontract for domestic MRAM production, with Q1 revenue reaching $14.9 million.
Micron Surges on AI Memory Demand as Chip Rally Intensifies
Micron Technology shares surged 15.5% to $746.81 on Friday, fueled by soaring demand for AI memory chips. Q2 revenue reached $23.86 billion, and Q3 guidance of $33.5 billion underscores the strategic importance of memory in AI.
Pfizer's COVID Patent Woes Persist as Investors Eye Growth Beyond Vaccines
A Delaware federal judge dismissed Acuitas Therapeutics' attempt to clear Pfizer's Comirnaty vaccine from GSK patent claims, leaving the patent dispute unresolved. Pfizer shares fell 1.42% to $25.68.
Trade Desk Stock Slumps as Q2 Revenue Forecast Misses Wall Street Targets
The Trade Desk shares fell sharply after the company's Q2 revenue guidance of $750M missed analyst expectations of $771M, prompting multiple downgrades.
Fluence Energy Surges 27% on AI Data Center Deals, Record Backlog
Fluence Energy stock soared 27.4% Friday after announcing master supply agreements with two major data-center clients and a record $5.6 billion backlog, despite a quarterly revenue miss.
Palantir's AI Revenue Soars 85%, Yet Stock Stalls on Valuation Concerns
Palantir posted 85% Q1 revenue growth to $1.63B, lifted by U.S. defense deals, but the stock remains below pre-earnings levels as investors weigh high valuation.
Archer Aviation Faces Pivotal Earnings After UAE Certification Milestone
Archer Aviation's Midnight enters UAE Restricted Type Certificate program, a key step toward limited service in Abu Dhabi. Q1 results due Monday after market close.
Plug Power Faces Pivotal Q1 Earnings After Margin Milestone
Plug Power reports Q1 earnings May 11 after its first positive gross margin in Q4. Investors focus on revenue growth, cash burn, and cost-cutting progress.
