Latest News
X-Energy's $1B IPO Fuels Nuclear Renaissance for AI Power Needs
X-Energy raised $1.02 billion in an upsized IPO, pricing shares 21% above the range. The small modular reactor developer, backed by Amazon, targets AI and data center energy needs.
Regeneron Stock Rises on Drug Pricing Deal, Free Gene Therapy Offer
Regeneron shares gained 2.6% Thursday following a drug-pricing pact with the U.S. and a plan to offer its new gene therapy Otarmeni at no cost. Analysts remain optimistic ahead of Q1 results.
P&G Tops Q3 Estimates, Flags $150M Commodity Hit on Fiscal 2026
Procter & Gamble reported fiscal Q3 net sales of $21.2 billion and core EPS of $1.59, beating estimates. The company warned of a $150 million cost hit from commodities and tariffs in fiscal 2026.
IREN's AI Pivot Faces Key Test as Q3 Earnings, Microsoft Deal Loom
IREN Limited reports fiscal Q3 earnings on May 7, with investors focused on AI data center expansion, a $9.7 billion Microsoft deal, and $6 billion share dilution risk.
Swiss National Bank Defends Palantir Stake Amid Activist Pressure
Swiss National Bank Chairman Martin Schlegel defended the central bank's $1.1 billion holding in Palantir Technologies after activists called for divestment over ICE contracts.
Skillz Surges on $420M Papaya Verdict, Then Tumbles as Reality Sets In
Skillz shares soared 238% on a $420M jury verdict against Papaya Gaming, then dropped 25% pre-market as the market digested the company's $70.4M net loss.
Lucid Shares Hit Record Low Despite Uber-Backed $1.05B Funding
Lucid shares tumbled 9.26% to $6.27, a new low, as a $1.05B funding package from Uber and Saudi PIF failed to ease dilution concerns.
AMD Surges Past $500 Billion Market Cap on AI-Driven CPU Demand
AMD shares jumped over 7% in premarket trading Friday, pushing its market cap past $500 billion, as Intel's strong AI CPU demand fueled optimism ahead of AMD's May 5 earnings.
Intel Stock Surges on AI Data Center Demand and Tesla Foundry Win
Intel shares surged 28% premarket after forecasting Q2 revenue above estimates, driven by AI data center demand for CPUs and a Tesla foundry deal.
Wren Kitchens Shutters All US Operations, Layoffs in Pennsylvania
Wren US Holdings has closed all US showrooms and studios, leading to layoffs in northeastern Pennsylvania, reversing a 2020 expansion that promised 360 jobs.
Oregon Hazelnut Grower with Rare Tractor Museum Joins National Farm Bureau Committee
Oregon farmer Roy Hofer, known for his private John Deere tractor museum, has been appointed to the American Farm Bureau Federation's Young Farmers & Ranchers Committee for 2026-27.
FirstEnergy Ohio Rate Plan Could Add $5 to Monthly Bills
FirstEnergy's Ohio utilities are set to file a three-year rate plan by May 22 that could raise typical residential bills by $4.26 to $5.30 per month annually.