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Xanadu Stock Surges 7% on 294M Share Resale Filing
Xanadu Quantum Technologies shares climbed 7.28% to $30.95 following a registration statement for up to 293.7 million Class B shares. The filing does not represent new capital for the company.
BofA Leads $16B Oracle Data Center Financing in Michigan
Bank of America led a $16 billion financing for an Oracle data center in Michigan, selling $14 billion in bonds as Wall Street deepens its AI infrastructure push.
Verizon Q1 Earnings: Subscriber Growth Key After Frontier Deal
Verizon will report Q1 earnings Monday, its first since closing the Frontier deal. Investors will scrutinize subscriber growth and broadband metrics after a strong Q4.
Trump Bond Purchases and AI Demand Reshape Constellation Energy's Outlook
Trump's financial disclosure reveals Constellation Energy bond buys; CEG stock climbs 7.1% as AI power demand and nuclear uprates drive growth.
Lumentum Faces AI Demand Test as Earnings Approach After BlackRock Filing
Lumentum shares rose 4.1% to $881.64 ahead of its May 5 earnings report, as BlackRock disclosed a 7.3% stake and analysts raised price targets on AI data-center demand.
Plug Power Continues Slide; Earnings Test Looms
Plug Power shares dropped 1.26% to $3.14 on Friday, continuing a three-day slide. The company's upcoming earnings report will test whether recent margin gains are sustainable.
Coherent CFO Sells Shares Ahead of Q3 Results; Nvidia Deal in Focus
Coherent Corp CFO Sherri Luther sold 2,000 shares for $702,000 on April 22, ahead of the company's fiscal Q3 results due May 6. The sale follows Nvidia's $2 billion investment in March.
Trump Media Restructures Board, Grants CEO Stock as Nunes Exits
Trump Media adds Trump allies Meredith O’Rourke and Boris Epshteyn to board, grants interim CEO Kevin McGurn a $125,000 monthly salary and RSUs. DJT stock at $9.35.
AXT Raises $632.5M to Expand InP Wafer Production in China Amid AI Boom
AXT raised $632.5 million to boost indium phosphide wafer production in China, betting on AI demand. First-quarter revenue is projected at $26-$28 million, with a net loss up to $2.6 million.
Visa Earnings Preview: Analysts Eye Consumer Spending Trends
Visa reports fiscal Q2 earnings April 28. Truist cuts price target to $361 but maintains Buy rating. Analysts expect $3.10 EPS on $10.74B revenue.
Lightwave Logic Shares Slide 6.9% as $51.4M Stock Sale Program Expands
Lightwave Logic shares dropped 6.9% to $12.665 after expanding its stock-sale program to $51.4 million. The company reported 2025 net sales of $236,855 and a net loss of $20.3 million.