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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.
Altria Faces Pivotal Earnings as CEO Transition Looms and Smoke-Free Future Hangs in Balance
Altria Group (MO) reports Q1 earnings April 30 as CEO Billy Gifford prepares to retire May 14. Analysts expect $1.25 EPS on $4.58B revenue. The company faces declining cigarette volumes and a critical test for its nicotine pouch strategy.
AGNC Investment: Analysts Split on Price Targets Ahead of Ex-Dividend Date
AGNC Investment shares closed at $11.02 Friday, up 1.47%, after UBS raised its price target to $11 and RBC trimmed to $12 but kept an outperform rating. The $0.12 dividend goes ex-dividend April 30.
Cisco Enters Quantum Networking with Prototype Universal Switch
Cisco Systems (CSCO) introduced a prototype quantum switch that links diverse quantum computers and sensors over standard telecom fiber at room temperature, with data degradation of 4% or less.
House Democrats Demand UPS Explain Tariff Refund Distribution
House Democrats are pressing UPS CEO Carol Tomé for details on how tariff refunds from a Supreme Court ruling will reach customers, with a May 22 deadline for written answers.
Hawaiian Airlines Joins oneworld Alliance, Deepens Alaska Air Integration
Hawaiian Airlines joined the oneworld alliance and switched to Alaska Airlines' Sabre reservations system, making the acquisition more visible to travelers with shared loyalty benefits and unified flight codes.