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SoundHound AI Shares Rise Despite $300M Stock Sale Announcement
SoundHound AI shares rose 4.3% to $8.93 after announcing a $300 million stock sale program, despite a Q1 net loss of $25 million and revenue of $44.2 million.
Micron Surges Past $1.1 Trillion as AI Memory Demand Intensifies Amid Samsung's New HBM4E Challenge
Micron shares rose 4.6% to $966.24, lifting market cap above $1.1 trillion, as AI memory demand boosts analyst targets. Samsung's HBM4E samples introduce fresh competition.
Micron Soars on AI Memory Demand, Samsung Enters Fray with HBM4E Samples
Micron Technology shares rose 4.6% to $966.24, lifting its market cap above $1.1 trillion, driven by AI memory demand and analyst upgrades. Samsung shipped samples of its HBM4E chips, adding competitive pressure.
HP Stock Rises on AI PC Growth; Margins Under Pressure from Memory Costs
HP shares gained after beating Q2 estimates, with AI PCs now 44% of shipments. However, rising memory costs and a trimmed 2026 EPS forecast tempered the outlook.
ServiceNow Soars on Wipro AI Pact, Easing Investor Concerns
ServiceNow shares surged 9% on a Wipro AI deal, easing growth fears. Q1 subscription revenue rose 22% to $3.67B, while AI product ACV topped $750M.
Okta Stock Surges 20% on Strong Earnings, AI Identity Hype
Okta shares jumped nearly 20% after beating Q1 expectations, with analysts raising price targets on strong cRPO growth and early AI agent adoption.
Robinhood Stock Surges on Trump Accounts and AI Trading Launch
Robinhood stock gained 3.9% to $88.14 Friday, fueled by the debut of Trump Accounts for children and new AI-powered trading features.
Opendoor Gains on Russell 3000 Inclusion; Mortgage Rates in Focus
Opendoor Technologies will join the Russell 3000 Index, lifting shares, but first-quarter revenue fell and net loss widened, with mortgage rates a key risk.
Infleqtion Gains Pre-Market on Oxford Quantum Expansion Plans
Infleqtion shares gained 2.1% in pre-market trading following plans to open a quantum centre in Oxford, tripling UK capacity. Q1 revenue rose 14% to $9.5M, but operating losses persist.
SentinelOne Stock Plunges on Weak Guidance, Job Cuts
SentinelOne shares tumbled nearly 20% premarket Friday after the company issued weak Q2 revenue guidance and announced plans to cut about 8% of jobs.
American Airlines Stock Edges Higher as Investors Assess Fuel Cost Outlook
American Airlines shares edged up 0.6% in premarket trading Friday as CEO Robert Isom reaffirmed 2026 guidance despite a projected $4-5 billion fuel cost increase.