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Nu Holdings Faces Investor Scrutiny Over Costs Amid Global Expansion Drive
Nu Holdings shares hovered near $14 Friday as investors weighed strong fourth-quarter earnings against concerns over rising operational costs and tax impacts. The digital bank announced new global marketing initiatives, including hiring a former TikTok executive and securing sports partnerships.
Plug Power Sells New York Site to Bolster Cash, Shares Edge Lower
Plug Power shares declined slightly after the company announced the sale of its New York STAMP facility for at least $132.5 million, part of a broader effort to conserve cash. The hydrogen fuel cell firm reported a fourth-quarter gross profit of $5.5 million but continues to face analyst skepticism.
Intel Attempts Recovery Amid Geopolitical Jitters and Legal Pressure
Intel shares edged higher in premarket trading Friday, attempting to recover from a nearly 6% plunge the prior session. The selloff was fueled by Middle East tensions spiking oil prices and a lawsuit challenging a 2025 government stake deal.
Ondas Shares Surge on AI Defense Pact with Palantir, World View
Ondas Holdings saw its stock climb 5.1% to $10.33 following a strategic collaboration with Palantir and World View to develop AI-enabled intelligence systems. The move caps a week of significant defense-focused activity for the company.
Nvidia Eyes GTC Conference for AI Roadmap Amid Investor Scrutiny
Nvidia shares traded around $183, with attention turning to next week's GTC conference for potential AI catalysts. The chipmaker recently reported a 73% revenue surge but faces questions on spending and rivals.
UiPath Shares Slide on Tempered Long-Term Growth Outlook
UiPath shares declined over 8% as investors focused on a moderated long-term growth forecast, overshadowing a strong fourth-quarter earnings beat and a new share repurchase authorization.
Iran Conflict Fuels Global Inflation Surge as Oil Tops $100
The Iran conflict has triggered a severe oil supply disruption, pushing Brent crude above $100 a barrel and sending shockwaves through global freight, agriculture, and consumer markets.
Mortgage Rates Surge Past 6%, Dampening Spring Housing Momentum
U.S. mortgage rates climbed sharply this week, with the average 30-year fixed rate rising to 6.11% from 6.00%. The increase, the largest weekly jump since April 2025, arrives as the spring housing market shows early signs of activity.
European Markets Retreat on Geopolitical Tensions and Economic Data
European equities declined on Friday, pressured by sustained high oil prices and geopolitical concerns. The STOXX 600 index fell 0.5%, heading for a second consecutive weekly loss.
