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Archer Aviation Gains Ground in Short Week, Eyes Certification Milestones
Archer Aviation shares closed at $6.81, up 7.1% for the shortened week, after becoming the first eVTOL firm to complete FAA Phase 3 certification. Q1 net loss widened to $217.7M.
Meta's AI Ambitions Tested as Investors Eye Cost Returns
Meta shares ended the week up 3.6% as the company prepares to test an AI pendant next year, while investors scrutinize rising capital expenditure and Reality Labs losses.
Amazon's June Prime Day and AI Spending Test $3 Trillion Market Cap
Amazon shares ended Friday lower but rose 1.6% for the week, as investors weigh an earlier Prime Day in June against surging AI spending.
Rigetti Computing Shares Dip as $100M Federal Funding Awaits Final Terms
Rigetti shares fell 5.5% to $25.54 on Friday, paring gains from a Thursday rally tied to a $100M federal funding letter. Final terms could dilute shareholders, and new SEC filings reveal planned insider sales.
Apple Shares Near Peak as Siri Faces AI Showdown at WWDC
Apple shares ended the holiday-shortened week near record levels, with investors focused on the upcoming WWDC where Siri's AI capabilities will be scrutinized.
Redwire Stock Surges 40% in Four Sessions, Faces Key Test Monday
Redwire shares surged 40% in four sessions on defense contract wins and space sector momentum, but a $350M ATM offering and valuation concerns could test the rally Monday.
Robinhood Stock Surges on Crypto Policy, AI Trading, and Trump Accounts Launch
Robinhood Markets closed at $94.30, up 11.15% for the day and 28% from last week, driven by crypto policy, Trump Accounts, and AI trading news.
UiPath Stock Set for Test After Earnings as AI Concerns Linger
UiPath shares rose 7.23% last week after Q1 revenue beat, but the stock remains down 28.49% year-to-date as AI uncertainty persists.
Plug Power Faces Critical Week After Friday's Decline and UK Project Milestone
Plug Power shares fell 4.13% to $3.95 Friday, underperforming the Nasdaq and hydrogen peers. The stock ended the week up 4.5% from May 22. Investors await a June 3 Oppenheimer roadshow and management's cash-use update.
Rivian Stock Surges on R2 SUV Delivery Timeline
Rivian shares surged 7.2% Friday after the company set a June 9 delivery date for its R2 SUV, fueling investor optimism despite ongoing cash burn.
ServiceNow Shares Surge in May, AI Optimism Fuels Rebound
ServiceNow shares surged 40.8% in May, their best month since 2012 IPO, closing at $124.37. AI optimism drove enterprise software stocks higher.
American Airlines exits DJTA, refinances debt amid demand shifts
American Airlines exits the Dow Jones Transportation Average on Monday, refinances $1.15B in loans, and navigates a K-shaped demand environment. Deutsche Bank raises its price target to $18.