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Replimune Surges 85% on FDA Priority Review for Melanoma Drug
Replimune shares soared 85% after the FDA agreed to a priority review for its melanoma drug RP1, following a previous rejection. New trial data is expected soon.
NetApp Stock Soars on AI Storage Demand, Guidance Boost
NetApp shares jumped over 26% after the company beat quarterly estimates and raised its outlook on strong AI-driven demand for storage solutions.
HUB Cyber Security Surges 345% on Heavy Volume and New Ownership Filings
HUB Cyber Security Ltd. (HUBC) surged 345% to $0.49 on Friday with volume exceeding 1 billion shares, as recent SEC filings revealed three investors now hold over 60% of the company's post-split shares.
Rivian Stock Jumps 7.6% as R2 SUV Launch Date Set for June 9
Rivian shares jumped 7.6% to $16.36 after announcing June 9 as the R2 SUV launch date, targeting up to 25,000 deliveries by year-end, while facing a new NHTSA probe and mixed Q1 results.
Tesla Shares Dip Despite European FSD Approval; BYD Rivalry Intensifies
Tesla shares slipped 1.2% on Friday, underperforming the broader market, even as Estonia approved its Full Self-Driving software. The company faces stiff competition from BYD and plans over $25 billion in capital spending for 2026.
BlackBerry Surges on QNX AI Push and Options Activity
BlackBerry shares climbed 3.4% on Friday, fueled by QNX robotics AI research and a surge in options trading, as investors eye the QNX unit's expansion beyond automotive into robotics and medical tech.
Rocket Lab Retreats After Rally as Space IPO Buzz Fades
Rocket Lab shares dropped 6.5% to $138.37 midday Friday, paring weekly gains, after a Blue Origin test failure and reports SpaceX may target a lower IPO valuation. The company passed an SDA review for its $816 million missile-warning satellite deal.
CrowdStrike Rides AI Wave to New Heights Ahead of Earnings
CrowdStrike shares climbed 6.5% as AI-driven cybersecurity demand lifts sector. Earnings report due June 3.
IREN Shares Dip as Focus Shifts to AI Deal Execution
IREN shares dropped 1.5% to $63.08 Friday as the market shifts focus from contract figures to execution of its AI infrastructure plans.
Costco Stock Dips Despite Strong Sales as Profit Misses Mark
Costco shares dropped 4.6% despite an 11.6% sales surge, as earnings missed analyst estimates and valuation concerns persisted.