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IBM Gains Premarket as BofA Sees Confluent Synergy Lifting Software Revenue
IBM shares climbed in premarket trading after BofA Securities boosted its price target to $330, highlighting Confluent's revenue potential and software growth.
Lucid Stock Rises After $800M Saudi Loan Draw Highlights Cash Burn
Lucid Group shares surged in premarket after the EV maker drew $800 million from its Saudi-backed credit facility, spotlighting its cash burn rate.
Allegiant Faces Loyalty Challenge Post-$1.5B Sun Country Deal
Allegiant raises Q2 adjusted EPS forecast to at least $1.25 after closing $1.5B Sun Country acquisition. Integration may take up to two years.
Apple's Foldable iPhone Launch to Be Limited, High-Priced
Apple's foldable iPhone is set for a limited Q3 launch with 0.5M-1M units, priced at $2,300-$2,500, far below iPhone 18 Pro volumes. The scarcity strategy mirrors the iPhone X debut.
UiPath Shares Edge Higher as ARR Growth Hinges on H2 Performance
UiPath stock edged up in premarket trading after a 10.8% weekly gain. The company's fiscal 2027 outlook implies a slower ARR growth in Q2, with H2 needing to deliver stronger results.
Grab Board Exit Intensifies Focus on Taiwan Deal and Cash Position
Grab shares fell in premarket trading following Dara Khosrowshahi's board resignation, which analysts link to the company's pending purchase of Delivery Hero's Taiwan business.
Ondas Shares Rise on DZYNE Deal, Lock-Up Details Emerge
Ondas shares climbed 5.5% Monday after closing its $875.8 million acquisition of DZYNE Technologies, with 45 million shares locked up for six months and a raised 2026 revenue target of at least $525 million.
