Amkor Technology Shares Surge Ahead of Q1 Earnings Amid AI Packaging Optimism
Earnings James Calloway

Amkor Technology Shares Surge Ahead of Q1 Earnings Amid AI Packaging Optimism

Amkor Technology shares surged 7.1% to $78.10 ahead of Q1 earnings. The company eyes AI packaging growth with $2.5-$3B in 2026 capex, but analysts remain divided.

AMKR
Infleqtion Under Pressure After Major Share Distribution by LCP Funds
Technology Sarah Chen

Infleqtion Under Pressure After Major Share Distribution by LCP Funds

Infleqtion shares dropped 5% after LCP Quantum-linked funds distributed over 30.5 million shares, removing their 10% owner status. The quantum tech firm reported $32.5M revenue and $35.3M loss.

XLK
Duolingo Faces Key Test as AI Strategy Spurs Investor Investigation
Earnings James Calloway

Duolingo Faces Key Test as AI Strategy Spurs Investor Investigation

Duolingo stock slides amid AI investment pivot; law firm probes potential claims. Q1 earnings due May 4 will be crucial.

DUOL
Silicon Motion Shares Surge Ahead of Q1 Results as Dividend Date Confirmed
Earnings James Calloway

Silicon Motion Shares Surge Ahead of Q1 Results as Dividend Date Confirmed

Silicon Motion shares jumped 8.1% Friday to $153.46 as investors await Q1 earnings on April 28. The company confirmed its quarterly dividend of $0.50 per ADS, payable May 21.

MU WDC
Nokia's AI-Driven Orders Boost Q1 Earnings, Ex-Dividend Date Approaches
Earnings James Calloway

Nokia's AI-Driven Orders Boost Q1 Earnings, Ex-Dividend Date Approaches

Nokia's Q1 operating profit surged 54% to 281 million euros, beating forecasts, fueled by AI and cloud orders. Stock goes ex-dividend April 27.

BlackRock Trims Archer Aviation Stake as eVTOL Firm Nears FAA Milestones
Technology Sarah Chen

BlackRock Trims Archer Aviation Stake as eVTOL Firm Nears FAA Milestones

BlackRock disclosed a 6.9% passive stake in Archer Aviation, down from 8.1% in January, as the air taxi developer progresses toward FAA certification and a shareholder vote on moving to Texas.

ACHR JOBY
BitMine's $24M Ethereum Purchase Bolsters 5% Supply Target
Crypto Sarah Chen

BitMine's $24M Ethereum Purchase Bolsters 5% Supply Target

BitMine Immersion Technologies bought 10,000 ETH from the Ethereum Foundation for $23.9M, pushing its holdings closer to the 5% supply target as BMNR shares trade near $22.

BMNR
Constellation Energy's Three Mile Island Restart Faces Water Use Hurdle
Markets Daniel Marsh

Constellation Energy's Three Mile Island Restart Faces Water Use Hurdle

Constellation Energy's plan to restart Three Mile Island Unit 1 faces a water use test, as the company seeks to draw up to 73.2 million gallons daily from the Susquehanna River for the Crane Clean Energy Center.

CEG MSFT META
Nike Cuts 1,400 Tech Jobs Amid Restructuring to Revive Growth
Earnings James Calloway

Nike Cuts 1,400 Tech Jobs Amid Restructuring to Revive Growth

Nike eliminates 1,400 positions, mostly in technology, as it restructures to accelerate its turnaround amid flat revenue and tariff headwinds.

NKE
Greg Abel's First Berkshire Meeting: $370B Cash Pile Under Spotlight
Markets Daniel Marsh

Greg Abel's First Berkshire Meeting: $370B Cash Pile Under Spotlight

Greg Abel will make his debut as Berkshire Hathaway CEO at the annual meeting on May 2, with investors focused on the company's $370 billion cash pile and recent stock decline.

BRK.B
PayPal Stock Rises on Truist Price Target Hike Despite Sell Rating
Analysis Daniel Marsh

PayPal Stock Rises on Truist Price Target Hike Despite Sell Rating

PayPal shares edged up 1.5% after Truist Financial raised its price target to $45, though the stock trades above that at $50.48. The firm retained a Sell rating amid competitive pressures and a new CEO.

PYPL
Cameco Stock Dips Ahead of Q1 Report as Uranium Demand Remains Strong
Earnings James Calloway

Cameco Stock Dips Ahead of Q1 Report as Uranium Demand Remains Strong

Cameco shares slipped 1.4% to $122.15 ahead of its May 5 Q1 results. Uranium prices remain elevated at $86.80/lb, and analysts maintain a Moderate Buy rating.

CCJ