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Lockheed Martin Secures Spot in $3.2 Billion Golden Dome Prototype Race
Lockheed Martin (LMT) has been selected for prototype work on the U.S. Space Force's $185 billion Golden Dome missile defense program, joining a competitive field. Shares fell 3.08% amid a weak quarter.
BWX Technologies Acquires Precision Components to Bolster Nuclear Supply Chain
BWX Technologies acquires Precision Components Group, adding over 500,000 square feet of U.S. heavy-manufacturing capacity as nuclear supply chains tighten.
Bitwise Leads XRP ETF Inflows as Market Digests $1.53B AUM
Bitwise secured all $6.44M in daily net inflows for US spot XRP ETFs on April 24, raising its total to $426M. Goldman Sachs reported $153.8M in holdings, but XRP's price remains under pressure with technicals hinting at a potential 40% decline against bitcoin.
Analysts See Divergent Paths for Microsoft, Alphabet, and Oracle in AI Cloud Race
Analysts forecast Oracle with the most upside, Microsoft facing a tough earnings bar, and Alphabet with less room to run as AI cloud spending takes center stage this earnings week.
Intel's Surge Reshapes AI Chip Market, Lifting AMD and Nvidia
Intel's 23.6% surge on strong earnings reshapes AI chip dynamics, lifting AMD and Nvidia as CPUs gain focus in inference and agentic AI workloads.
FBI Probes Crypto Investor Wen Hou's Father Disappearance Amid Fraud Allegations
FBI probes disappearance of Naiping Hou, father of crypto investor Wen Hou, amid cellphone spoofing and fraudulent bank transactions. Soybeans steady despite export sales drop.
Lockheed Martin Wins Golden Dome Contract Amid Q1 Earnings Pressure
Lockheed Martin secures a role in the $185B Golden Dome space-based missile defense program, while reporting Q1 sales of $18B and negative free cash flow.
Vertiv Shares Rise as JPMorgan Boosts Target on AI Data Center Demand
Vertiv shares closed up 0.5% at $323.46 after JPMorgan raised its target to $350, driven by AI data center demand. Q1 sales surged 30% to $2.65B, but cautious Q2 guidance tempered enthusiasm.
Sivers Semiconductors Delays Annual Report Amid Nasdaq NY Listing Review
Sivers Semiconductors (SIVS) pushes its 2025 annual report to May 15 due to audit work for a possible Nasdaq NY dual listing; shares closed up 12.7% on Friday.
Uranium Energy Corp. Slips 6% as Domestic Supply Focus Intensifies
Uranium Energy Corp. dropped 6% to $14.05 as investors weigh the shift from development to scaled-up production amid U.S. policy support for domestic uranium supply.