Latest News
UnitedHealth Stock Rebounds on Easing Medical Costs and Raised Outlook
UnitedHealth shares rose 2.8% to $379.98, extending gains on easing medical-cost pressures. Q1 revenue hit $111.7B, and the company raised its full-year adjusted earnings outlook above $18.25/share.
Navitas Semiconductor Surges as AI Data Center Pivot Accelerates
Navitas Semiconductor shares surged 15% to $18.20 after Q1 revenue rose 18% sequentially to $8.6 million, driven by growth in AI data center and grid markets. Needham raised its price target to $21.
Western Digital Rises on AI Storage Demand and Sandisk Divestiture Progress
Western Digital shares gained 3.5% as the company continues its Sandisk exit and reports strong AI-driven HDD demand. Q3 revenue hit $3.34B, up 45% YoY, with Q4 guidance above expectations.
Seagate CFO Sells $19M in Stock as AI Storage Rally Nears Peak
Seagate CFO Gianluca Romano sold about $18.9 million in shares on May 6-7 under a pre-arranged plan, as the stock closed near record highs on AI storage demand.
Amphenol Shares Tumble 6% Amid Dividend, Debt, and AI Demand Story
Amphenol shares dropped 6% Friday, underperforming peers, even as the company reported record Q1 sales of $7.6 billion and announced a €1.1 billion senior notes offering.
Firefly Aerospace Gains 22% as Defense Contracts Boost Investor Sentiment
Firefly Aerospace stock jumped 22.6% to $39.68 Friday, driven by strong Q1 revenue and a Space Force contract win. Analysts see potential in defense and lunar programs.
Destiny Tech100 Surges on SpaceX IPO Buzz, Premiums Soar
Destiny Tech100 shares surged 21% to $54.60 on Friday, fueled by SpaceX IPO anticipation. The closed-end fund now trades at a 173% premium to its NAV.
Redwire Soars 20% on Record Backlog, ATM Offering Raises Dilution Concerns
Redwire shares jumped 20% on a record $498.1M backlog and reaffirmed 2026 revenue outlook, but a $350M stock offering plan tempers investor enthusiasm.
JFrog Shares Soar 24% as AI Coding Surge Drives Cloud Revenue Growth
JFrog shares surged 23.7% to $70.55 after Q1 revenue rose 26% to $154M, cloud revenue jumped 50%, and the company raised its 2026 outlook.
Virgin Galactic Shares Soar 17% Ahead of Earnings; Focus on Cash Burn
Virgin Galactic stock jumped 17% to $2.94 ahead of next week's earnings, as investors await Delta spacecraft flight tests and commercial service restart. Cash burn remains the critical concern.
HP Stock Surges Ahead of Earnings as AI PC Hype Meets Margin Pressure
HP Inc. shares jumped 8% to $22.68 on Friday, rebounding ahead of its fiscal Q2 earnings report on May 27, with AI PC demand and rising memory costs in focus.