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T1 Energy Expands into Battery Storage with $32M KORE Power Acquisition
T1 Energy (TE) acquires KORE Power for $32 million, entering battery storage and data-center infrastructure. Northland initiates Outperform rating, $16 target.
Grab Shares Tumble Despite Strong Q1 Results as Market Worries Mount
Grab shares slid 5.7% to $3.395 on heavy volume despite strong Q1 results, as investors focused on rising costs, regulatory risks in Indonesia, and market weakness.
Applied Aerospace Dips Below $20 IPO Price in Mixed NYSE Debut
Applied Aerospace & Defense shares slipped below their $20 IPO price in first-day NYSE trading, as strong revenue growth was offset by debt and customer concentration concerns.
Tesla Robotaxi Launch in Austin Fails to Spark Rally as Safety Doubts Linger
Tesla shares edged lower Wednesday after launching unsupervised robotaxis in Austin, as traders weighed the move against persistent safety and scalability doubts.
ServiceNow Slides as AI Software Rally Faces Fresh Doubts
ServiceNow shares dropped nearly 6% as software stocks broadly declined, challenging the sector's AI-fueled rebound. Despite strong Q1 earnings and bullish analyst calls, concerns over valuation and deal delays persist.
Dine Brands Shutters Calexico Applebee's After 20-Year Run
Applebee's shuts its Calexico restaurant after two decades, putting 30 jobs at risk, as Dine Brands pivots to dual-branded Applebee's-IHOP locations amid inflation pressures.
Cipher Digital Slips Despite Morgan Stanley Price Target Hike
Cipher Digital shares slipped 1.1% to $26 despite Morgan Stanley raising its target to $53.50, as investors weigh AI data-center growth against bitcoin weakness and construction risks.
Intuitive Machines Plunges 15% on $500M ATM Stock Sale Plan
Intuitive Machines shares fell 15.6% after announcing a $500 million at-the-market stock sale program, raising dilution concerns as the company seeks flexible funding for growth.
Aurora Innovation Shares Drop 11% as Driverless Truck Rollout Faces Revenue Scrutiny
Aurora Innovation shares slid 11% as investors weigh the pace of its driverless truck rollout against revenue expectations, despite an 80% year-to-date gain.
Semilux Surges 51% But Nasdaq Delisting Threat Persists
Semilux International shares jumped 51.5% in heavy trading, but the company still faces Nasdaq delisting due to a low bid price and missing its annual report.