UTime Seeks to Withdraw Resale Registration, Shares Surge
IPO Michael Okonkwo

UTime Seeks to Withdraw Resale Registration, Shares Surge

UTime Limited (WTO) shares rose 8.36% after the company asked the SEC to withdraw a resale registration statement that was never declared effective.

WTO
Markets Daniel Marsh

iSpecimen Shares Swing Wildly After 1-for-40 Reverse Stock Split

ISPC shares tumbled 8.2% to $4.80 Friday after a volatile week, as the company's 1-for-40 reverse split aimed to boost its stock price above Nasdaq's $1 minimum bid by a May 18 deadline.

ISPC
Eaton Stock Pauses After Record High, Q1 Earnings in Focus
Earnings James Calloway

Eaton Stock Pauses After Record High, Q1 Earnings in Focus

Eaton shares slipped 1.5% after a record high, with Q1 earnings due May 5 expected to test AI-driven data-center demand and margin growth.

ETN
Wolfspeed Rallies on Stake Disclosure and Executive Shakeup Ahead of Earnings
Markets Daniel Marsh

Wolfspeed Rallies on Stake Disclosure and Executive Shakeup Ahead of Earnings

Wolfspeed shares jumped after a group tied to Susquehanna disclosed a 5% stake. New executives and debt refinancing signal turnaround efforts before earnings.

WOLF
Esperion to Be Acquired by ARCHIMED in $1.1 Billion Deal, Shares Jump 56%
Markets Daniel Marsh

Esperion to Be Acquired by ARCHIMED in $1.1 Billion Deal, Shares Jump 56%

ARCHIMED will acquire Esperion Therapeutics for $3.16 per share in cash plus contingent value rights, valuing the deal at up to $1.1 billion. Esperion shares surged 56% on the news.

ESPR
Dow Falls as Tariffs Weigh on Blue-Chips, Tech Lifts S&P and Nasdaq
Markets Daniel Marsh

Dow Falls as Tariffs Weigh on Blue-Chips, Tech Lifts S&P and Nasdaq

Dow Jones fell 78 points Friday as EU auto tariff worries offset Apple's strong earnings. S&P 500 and Nasdaq hit new highs on tech gains.

AAPL MRK CRM MSFT IBM NOW TEAM
S&P 500 and Nasdaq Hit Record Highs on Apple and Software Surge
Markets Daniel Marsh

S&P 500 and Nasdaq Hit Record Highs on Apple and Software Surge

The S&P 500 rose 0.48% and the Nasdaq 0.96% to new highs on Friday, driven by Apple's best quarterly sales in four years and a rally in software stocks. The Dow edged down 0.11%.

AAPL CRM NOW DDOG RDDT RBLX XOM CVX
Recursion Pharma Co-Founder Gibson to Exit Board Ahead of Q1 Results
Earnings James Calloway

Recursion Pharma Co-Founder Gibson to Exit Board Ahead of Q1 Results

Recursion Pharmaceuticals founder Chris Gibson will leave the board at the June annual meeting. Q1 earnings due May 6; focus on cash, clinical progress, and AI platform.

RXRX
Blackstone Launches AI Unit N1, Consolidating OpenAI and Anthropic Stakes
Technology Sarah Chen

Blackstone Launches AI Unit N1, Consolidating OpenAI and Anthropic Stakes

Blackstone Inc. launches Blackstone N1, a new AI-focused unit consolidating investments in OpenAI and Anthropic, while its $80 billion credit fund faces slowing inflows and rising redemptions.

BX
Colgate-Palmolive Tops Q1 Estimates, Warns of $300M Cost Hit
Earnings James Calloway

Colgate-Palmolive Tops Q1 Estimates, Warns of $300M Cost Hit

Colgate-Palmolive beat Q1 estimates on international strength, but warned of $300M in extra costs from the Middle East conflict, lowering its gross margin outlook.

CL PG UL
Roku Lifts 2026 Revenue Forecast on Ad Strength; Memory Costs Loom
Earnings James Calloway

Roku Lifts 2026 Revenue Forecast on Ad Strength; Memory Costs Loom

Roku shares climbed 4.2% after lifting its 2026 platform revenue target to nearly $5 billion, driven by strong Q1 advertising and subscription growth, though rising memory costs remain a concern.

ROKU
Zeta Global Stock Surges on AI-Driven Revenue Jump and Revised 2026 Outlook
Earnings James Calloway

Zeta Global Stock Surges on AI-Driven Revenue Jump and Revised 2026 Outlook

Zeta Global shares climbed after Q1 revenue jumped 50% to $396.3M, beating consensus, as its Athena AI agent drove strong adoption and super-scaled customer growth.

ZETA