Technology Sarah Chen

Dell Stock Surges on AI Server Growth, TotalEnergies Deal, and Super Micro Woes

Dell shares surged 12.6% Friday on a $100M supercomputer deal with TotalEnergies and Nvidia, while renewed scrutiny of Super Micro's legal issues boosted investor interest in Dell's AI server business.

DELL SMCI NVDA AMD INTC
Intel Stock Hits Record on Apple Chip Deal Speculation, TSMC Faces Heat
Technology Sarah Chen

Intel Stock Hits Record on Apple Chip Deal Speculation, TSMC Faces Heat

Intel shares hit a record high following a report of a preliminary deal with Apple for chip manufacturing, while Apple explores alternatives to TSMC.

INTC AAPL TSM NVDA AMD
Novavax Shares Surge on Pfizer Deal, Vaccine Strategy Shift
Markets Daniel Marsh

Novavax Shares Surge on Pfizer Deal, Vaccine Strategy Shift

Novavax shares surged 13% Friday after Q1 revenue of $139.5 million beat estimates, fueled by a $30 million Pfizer licensing deal for Matrix-M adjuvant.

NVAX PFE SNY MRNA
POET Technologies Stock Rebounds Amid Securities Lawsuit and Marvell Fallout
Markets Daniel Marsh

POET Technologies Stock Rebounds Amid Securities Lawsuit and Marvell Fallout

POET Technologies shares rebounded 14.5% to $10.97 on Friday, even as a securities lawsuit over tax disclosures and cancelled Celestial AI orders moves forward with a June 29 lead plaintiff deadline.

POET MRVL AVGO NVDA
nLIGHT Soars on Record Defense Revenue, 55% Sales Jump
Earnings James Calloway

nLIGHT Soars on Record Defense Revenue, 55% Sales Jump

nLIGHT shares surged 10.3% after Q1 revenue jumped 55% to $80.2M, driven by record aerospace and defense sales, with the company swinging to a profit and launching its HADES laser system.

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Traws Pharma Soars on Hantavirus Push After Cruise Fatalities
Markets Daniel Marsh

Traws Pharma Soars on Hantavirus Push After Cruise Fatalities

Traws Pharma shares surged over 21% after the biotech said it would advance hantavirus drug candidates following a fatal cruise ship outbreak. The company has no approved treatments and recently raised $10 million.

TRAW
Sandisk Rebounds as AI Memory Supply Tightness Drives Demand
Technology Sarah Chen

Sandisk Rebounds as AI Memory Supply Tightness Drives Demand

Sandisk shares surged 11.7% to $1,497 on Friday, rebounding from a drop, as AI memory supply tightness and $42 billion in future contracts boost investor confidence.

SNDK MU
Opendoor Shares Slide as Q1 Loss Widens Despite Revenue Beat
Earnings James Calloway

Opendoor Shares Slide as Q1 Loss Widens Despite Revenue Beat

Opendoor Technologies shares dropped 4.5% following a first-quarter net loss of $173 million, wider than last year, though revenue of $720 million beat analyst estimates. The company doubled acquisition contracts but sold fewer homes.

OPEN
Eos Energy Shares Surge 22% Ahead of Earnings on AI Data Center Deal
Markets Daniel Marsh

Eos Energy Shares Surge 22% Ahead of Earnings on AI Data Center Deal

Eos Energy shares surged 22% to $7.75 ahead of its May 13 earnings report, fueled by a joint development deal with TURBINE-X Energy for AI data center storage. Investors eye manufacturing rebound and legal hurdles.

EOSE
S&P 500 and Nasdaq Scale New Peaks on Robust Jobs Data
Markets Daniel Marsh

S&P 500 and Nasdaq Scale New Peaks on Robust Jobs Data

The S&P 500 and Nasdaq reached all-time highs midday Friday, buoyed by stronger-than-expected April jobs data and gains in Nvidia and Apple.

AAPL NVDA AKAM MNST
Dow Steady as Strong Jobs Data Dims Rate Cut Hopes, Tech Surges
Markets Daniel Marsh

Dow Steady as Strong Jobs Data Dims Rate Cut Hopes, Tech Surges

The Dow Jones slipped 0.03% on Friday as strong April jobs data reduced hopes for a Federal Reserve rate cut, while tech stocks like Nvidia and Apple surged over 2%.

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Crypto Sarah Chen

Antelope Enterprise Surges 275% on Bitcoin-Backed Share Buyback Plan

Antelope Enterprise shares skyrocketed over 275% after the company announced a $95,000 share buyback funded by $190,000 in realized Bitcoin gains from its 'Genius Plan.'

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