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LightPath Technologies Soars to 52-Week High on Defense Optics Demand
LightPath Technologies shares surged 10% to a 52-week high of $16.09 on robust defense optics orders and a $97.8 million backlog, with Q2 revenue soaring 120%.
Wolfspeed Shares Rally 13% Ahead of Key Earnings Report
Wolfspeed shares jumped 13% to $31.23 on heavy volume ahead of its May 5 earnings report, after the chipmaker cut debt by $97 million and lowered annual interest costs by $62 million.
VeriSign Shares Dip Despite Profit Beat as .com Price Hike Looms
VeriSign reported strong Q1 results but shares fell as investors weigh the impact of a planned .com price hike on renewal rates.
OneMedNet Rebounds on Insider Purchases, Palantir Platform Launch
OneMedNet shares climbed back above $1 following $1.5 million in insider purchases and the launch of its Palantir-powered iRWD data platform.
Corning Files Shelf Registration After AI-Driven Stock Surge
Corning filed an automatic shelf registration on Friday, enabling future debt and equity offerings. The move follows a stock surge to $179.08 and precedes its April 28 earnings call.
Magnachip Surges 23% on New MOSFET Launch Ahead of Q1 Results
Magnachip Semiconductor shares surged 23% to $5.25 after unveiling two new 8th-generation MOSFETs for smartphone battery protection, with one already in mass production. Q1 earnings are due April 28.
HCA Healthcare Shares Slide on Patient Volume Concerns Despite Earnings Beat
HCA Healthcare shares dropped 8.8% after first-quarter profit narrowly beat estimates, but weaker patient volumes and payer-mix concerns rattled investors.
AAOI Soars 17% on AI Optics Demand, Earnings Test Looms May 7
Applied Optoelectronics shares surged 17.7% to $162.17 on Friday, driven by a $71 million order for 800G transceivers and a Houston expansion. The company's first-quarter earnings report on May 7 will be a key test.
Plug Power's Louisiana JV Plant Reaches 90% Availability Amid Cash Flow Focus
Plug Power's Louisiana hydrogen plant achieved 90% availability in Q1, producing 448.3 metric tons. Shares fell 1.3% as the company works to improve cash flow.
USDA Boosts Disaster Aid to 70%, Extends SDRP Filing Deadline to August
The USDA doubled the SDRP payment factor to 70% and extended the application deadline to August 12, unlocking a second round of payments for approved producers.
Meta's AWS Graviton5 Deal Signals AI Infrastructure Shift Beyond Nvidia
Meta Platforms has inked a multi-year, multi-billion-dollar agreement with Amazon Web Services to deploy tens of millions of Graviton5 cores for AI workloads, signaling a strategic expansion beyond Nvidia GPUs.
Liberty Broadband Shares Tumble 26% as Charter's Subscriber Woes Hit Merger Value
Liberty Broadband shares plunged 26% Friday, mirroring Charter Communications' decline after the cable operator lost 120,000 internet subscribers in Q1, exceeding forecasts and pressuring the pending all-stock merger.