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Micron Joins US Market Cap Elite on AI Memory Surge
Technology Sarah Chen

Micron Joins US Market Cap Elite on AI Memory Surge

Micron Technology's market cap nears $660 billion as AI demand for high-bandwidth memory drives record revenue and earnings, with plans to exit consumer memory by 2026.

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CoreWeave Surges on Meta's $21 Billion Cloud Deal Ahead of Earnings
Earnings James Calloway

CoreWeave Surges on Meta's $21 Billion Cloud Deal Ahead of Earnings

CoreWeave shares rose 5.4% to $125.43 premarket Tuesday after Meta pledged $21 billion for cloud capacity through 2032. Jefferies estimates the backlog could exceed $95 billion.

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Pfizer Q1 Beats Estimates, Patent Cliff Concerns Linger
Earnings James Calloway

Pfizer Q1 Beats Estimates, Patent Cliff Concerns Linger

Pfizer reported Q1 adjusted EPS of $0.75 on $14.45B revenue, beating estimates. Growth in Eliquis and Padcev offset COVID declines, but patent cliff remains a key concern.

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Futures Edge Higher as Oil Retreats, JOLTS Data in Focus
Markets Daniel Marsh

Futures Edge Higher as Oil Retreats, JOLTS Data in Focus

U.S. stock futures edged higher Tuesday as oil prices pulled back, with the Nasdaq 100 leading gains ahead of JOLTS data and earnings from AMD, Pfizer, and KKR.

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Global Markets Tumble as Geopolitical Tensions and Oil Surge Weigh on Sentiment
Markets Daniel Marsh

Global Markets Tumble as Geopolitical Tensions and Oil Surge Weigh on Sentiment

Global markets fell Monday as rising Middle East tensions pushed oil above $100 and bond yields to five-week highs, while Indian indices closed higher but opened lower on Tuesday.

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Oil Surge Sends Dow Down 557 Points; Palantir Slips After Hours
Markets Daniel Marsh

Oil Surge Sends Dow Down 557 Points; Palantir Slips After Hours

The Dow dropped 557 points as oil prices spiked due to Iranian attacks near the Strait of Hormuz. Palantir slipped after hours despite strong earnings and a raised 2026 outlook.

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Powell Industries Lands Record $400M Data Center Order, Backlog Hits $1.8B
Earnings James Calloway

Powell Industries Lands Record $400M Data Center Order, Backlog Hits $1.8B

Powell Industries' new orders nearly doubled to $490 million in fiscal Q2, driving backlog to a record $1.8 billion. The company also secured its largest-ever data center order of over $400 million after quarter-end.

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Firefly Aerospace Shares Surge on Record Revenue and Space Force Contract
Earnings James Calloway

Firefly Aerospace Shares Surge on Record Revenue and Space Force Contract

Firefly Aerospace shares surged 10% after-hours after reporting record Q1 revenue of $80.9M and securing a Space Force contract for the Space-Based Interceptor program.

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Sterling Infrastructure Surges After Data Center Demand Drives Earnings Beat
Earnings James Calloway

Sterling Infrastructure Surges After Data Center Demand Drives Earnings Beat

Sterling Infrastructure shares surged 19% after Q1 earnings beat estimates, driven by data center demand. The company raised its 2026 outlook.

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Commodities Rebecca Torres

Oil Surge and Geopolitical Risk Rattle Wall Street, UBS Warns of Underestimated Impact

Brent crude surged 5.8% to $114.44 after new attacks in the Strait of Hormuz, while the S&P 500 fell 0.41%. UBS warns investors are missing the bigger risk of sustained economic damage.

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Wall Street Slides as Oil Surge and Strait of Hormuz Clashes Rattle Markets
Markets Daniel Marsh

Wall Street Slides as Oil Surge and Strait of Hormuz Clashes Rattle Markets

U.S. stocks fell sharply Monday as oil prices surged over 5% following renewed attacks near the Strait of Hormuz, with the Dow losing 557 points.

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Pinterest Shares Jump 15% After Q1 Revenue Beat, AI Ad Push Drives Upbeat Outlook
Earnings James Calloway

Pinterest Shares Jump 15% After Q1 Revenue Beat, AI Ad Push Drives Upbeat Outlook

Pinterest shares jumped 15% in after-hours trading after Q1 revenue of $1.008B beat estimates, with a strong Q2 outlook driven by AI-powered ad tools.

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