Honeywell's Quantinuum Files for IPO, Targeting $10B Valuation in Quantum Push
IPO Michael Okonkwo

Honeywell's Quantinuum Files for IPO, Targeting $10B Valuation in Quantum Push

Quantinuum, majority-owned by Honeywell, filed for a U.S. IPO on Nasdaq under 'QNT', with 2025 net revenue of $30.9 million and a net loss of $192.6 million.

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Big Tech Offers to Fund SK Hynix Fabs Amid AI Memory Shortage
Technology Sarah Chen

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.

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S&P 500 and Nasdaq Hit Fresh Highs as AI Stocks Power Through Oil Shock
Markets Daniel Marsh

S&P 500 and Nasdaq Hit Fresh Highs as AI Stocks Power Through Oil Shock

The S&P 500 and Nasdaq set new records Friday, powered by AI stocks and a stronger April jobs report. Nvidia gained 1.8%, while Micron and Sandisk surged over 15%.

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Everpure Director Sells $10M in Shares Ahead of Q1 Earnings
Earnings James Calloway

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
Technology Sarah Chen

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.

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Whirlpool Ends 70-Year Dividend Streak as Profit Forecast Slashed
Earnings James Calloway

Whirlpool Ends 70-Year Dividend Streak as Profit Forecast Slashed

Whirlpool suspends its long-standing dividend and slashes 2026 profit outlook after a tough first quarter, sending shares to a 14-year low.

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Sandisk Shares Rally 16.5% as AI Flash Storage Demand Skyrockets
Technology Sarah Chen

Sandisk Shares Rally 16.5% as AI Flash Storage Demand Skyrockets

Sandisk shares jumped 16.5% to $1,562.34, lifting market cap to $245 billion, as AI-driven flash storage demand boosted Q3 revenue 97% sequentially to $5.95 billion.

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Enterprise Products Units Dip on Revenue Decline Despite Record Volumes
Earnings James Calloway

Enterprise Products Units Dip on Revenue Decline Despite Record Volumes

Enterprise Products Partners units slipped 1.4% to $37.19 after a quarterly filing showed Q1 revenue fell to $14.39B while net income rose. Record volumes and a $0.55 distribution are key.

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Linde's €1.6B Bond Issue Highlights Strong Project Backlog
Markets Daniel Marsh

Linde's €1.6B Bond Issue Highlights Strong Project Backlog

Linde raised €1.6B in euro bonds after a Q1 profit beat and raised 2026 outlook. The move supports its $7.1B project backlog and shareholder returns.

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Intuitive Machines Surges 20% Ahead of Lunar Mission and Earnings
Markets Daniel Marsh

Intuitive Machines Surges 20% Ahead of Lunar Mission and Earnings

Intuitive Machines shares surged 20.2% to $28.97, reversing a prior drop, ahead of its Q1 earnings report and a key lunar mission test.

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Everspin Shares Jump on $40M Defense MRAM Award, Strong Q1 Sales
Technology Sarah Chen

Everspin Shares Jump on $40M Defense MRAM Award, Strong Q1 Sales

Everspin Technologies shares jumped 25.5% Friday following a $40 million U.S. defense MRAM deal and stronger Q1 sales. The stock closed at $26.99 and traded at $36.05 after hours.

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Moderna Stock Jumps 12% on Hantavirus Vaccine Deal; Flu and Cancer Pipeline in Focus
Markets Daniel Marsh

Moderna Stock Jumps 12% on Hantavirus Vaccine Deal; Flu and Cancer Pipeline in Focus

Moderna shares rose 11.9% to $54.35 after the company disclosed early-stage hantavirus vaccine research with the U.S. Army and Korea University, following a deadly outbreak on the MV Hondius cruise ship.

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