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Amkor Technology Gains 6% After Closing $1.15B Convertible Note Deal
Amkor Technology shares rose 6% to $76.61 after the company completed a $1.15 billion convertible note offering to expand its advanced packaging capacity.
Constellation Energy Q1 Earnings: AI Power Demand in Focus
Constellation Energy (CEG) reports Q1 earnings Monday with AI data center power demand in focus. Options imply a 7% swing, with analysts projecting $2.57 EPS. The Calpine deal and cautious guidance weigh on sentiment.
Virgin Galactic Shares Jump 17% Ahead of Crucial Q1 Earnings Report
Virgin Galactic shares surged 17.1% to $2.94 on heavy volume ahead of its Q1 earnings report, as investors await updates on cash position and commercial flight timeline.
Old National Bank and Indiana Fever Launch Co-Branded Cards for WNBA Season
Old National Bank and the Indiana Fever launched co-branded debit and credit cards and checks as the WNBA season began, expanding their partnership with small-business promotions.
Zoom Stock Tests Highs as AI Strategy Faces Earnings Verdict
Zoom Communications stock closed near highs ahead of its May 21 earnings report, which will test investor confidence in its AI push and recent leadership change.
Analog Devices Reaches 52-Week High Ahead of Q2 Earnings Report
Analog Devices closed at a 52-week high of $416.52 ahead of its May 20 fiscal Q2 earnings report, with revenue guidance of $3.5 billion and adjusted EPS of $2.88.
NextEra Energy's Kansas Data Center Plans Hit Zoning Hurdle
Sedgwick County, Kansas, has extended its moratorium on data center development applications to Sept. 11, affecting NextEra Energy's AI-driven expansion plans.
Big Tech Offers to Fund SK Hynix Fabs Amid AI Memory Shortage
Global tech giants are offering to finance SK hynix's new fabs and equipment to lock in high-bandwidth memory supply, as AI-driven demand pushes capacity to zero and prices double.
Everpure Director Sells $10M in Shares Ahead of Q1 Earnings
Everpure director John Colgrove sold 134,265 Class A shares for about $10.09 million ahead of the company's fiscal Q1 2027 earnings report.
Aehr Test Systems Rises on Record AI Chip Order, Despite Revenue Drop
Aehr Test Systems shares rose 6.5% on a record $41M AI chip order. Q3 revenue fell 44% to $10.3M, but bookings reached $37.2M, pointing to future growth.