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POET Technologies Surges 108% on Marvell AI Order, Optics Play Heats Up
POET Technologies shares soared 108% in premarket trading Monday after confirming a $5M production order from Marvell Technology for its Infinity optical engines, with deliveries expected next quarter.
Anta's Global Ambitions: From Chinese Roots to Western Rivalry
Anta Sports reports strong 2025 revenue growth, acquires a stake in Puma, and opens a U.S. flagship, challenging Nike's dominance in China and global markets.
Stellantis Narrows Focus to Four Core Brands as Turnaround Strategy Takes Shape
Stellantis is set to concentrate future investment on Jeep, Ram, Peugeot, and Fiat, while other brands like Chrysler shift to regional roles, according to sources ahead of a May 21 strategy announcement.
Broadcom's Custom AI Chip Surge Powers $2 Trillion Valuation
Broadcom reaches $2 trillion market cap on custom AI chip demand and Google TPU supply deal. Q1 revenue jumps 29%, AI semiconductor sales double to $8.4B.
Palantir Earnings Test Looms May 4 Amid AI Optimism and Political Risks
Palantir reports Q1 earnings on May 4, with Wall Street eyeing $1.54B in revenue. Analysts are split on AI-driven growth versus valuation and political headwinds.
Fox 4's Irving Studio Wins Dallas Real Estate Award, Signals Media Shift
Adolfson & Peterson Construction announced Fox 4's Irving studio won a Dallas Business Journal award. The 60,000-square-foot facility topped out, with move-in slated for December 2026.
Oil Surge Tests Wall Street Rally Ahead of Fed and Big Tech Earnings
U.S. stock futures edged lower Monday as oil prices surged nearly 3% on stalled Iran talks, testing Wall Street's rally ahead of a packed week of Big Tech earnings and a Federal Reserve rate decision.
SK Hynix Surges 5.73% as AI Demand Drives KOSPI to Record High
SK Hynix advanced 5.73% to 1,292,000 won, helping propel the KOSPI to a record high as investors focused on AI-linked semiconductor stocks. The company's HBM supply is constrained through 2029.
Qualcomm Surges on OpenAI Chip Collaboration Report Ahead of Earnings
Qualcomm shares surged on reports of collaboration with OpenAI on smartphone processors. The chipmaker reports fiscal Q2 results on April 29.
Rheinmetall Shares Climb on €1.04 Billion Bundeswehr Contract
Rheinmetall shares rose 2.09% after a €1.04 billion Bundeswehr order for IdZ-ES systems. The stock remains down 13.75% YTD as investors await faster delivery and cash conversion.