Latest News
Novo Nordisk B Shares Surge on South African Court Ruling Against Compounder
Novo Nordisk B shares surged 9.9% in three sessions after a South African court halted iDexis from supplying compounded semaglutide, potentially shifting demand to Novo.
Qualcomm Drops 8%, $19B Wiped Out Amid AI Acquisition Rumors
Qualcomm stock dropped 8%, erasing $19 billion in value, amid reports of potential AI deals worth up to $14 billion and ahead of a key investor meeting.
Iovance Biotherapeutics Stock Surges on $89.7 Million ATM Offering
Iovance shares rose 9.4% after launching an $89.65 million ATM stock sale, as investors balance dilution risks against the potential for accelerated Amtagvi revenue growth.
Cerebras Q1 Revenue Surges 94% but Margin Guidance Disappoints
Cerebras Systems posted strong Q1 revenue growth of 94% to $193.4M, but Q2 margin guidance of 36-38% pressured profitability outlook. Shares edged up 1.1%.
Archer Aviation (ACHR) Slips on Thin Revenue, Heavy Losses
Archer Aviation shares dropped 3.3% to $5.25, near a 52-week low, after Q1 revenue of $1.6 million—mainly from leases—fell short, while operating expenses surged to $256.2 million and net loss widened to $217.7 million.
Bank of America Hits Record High on Hawkish Fed Rate Forecast
Bank of America shares closed at a record $57.91, boosted by BofA Global Research's hawkish Fed rate hike forecast of 75 basis points and a Citi price target upgrade to $66.
Walmart Gains $18B Amid Staples Shift, Vibe.co Deal in Focus
Walmart shares jumped 1.9%, adding $17.8B, as investors rotated into consumer staples. The Vibe.co deal contributed little to the gain.
Opendoor Shares Slip on Russell 3000 Inclusion and Dilution Fears
Opendoor shares dropped 1.9% as the company prepares for Russell 3000 index inclusion, with investors concerned about dilution from convertible notes and anti-dilutive securities.
BTQ Technologies Shares Jump 31% on Quantum Security Push and New Adviser
BTQ Technologies surged over 30% to $5.80 on Nasdaq after naming Brandt Pasco as U.S. strategic adviser, following White House orders to accelerate quantum computing and post-quantum cryptography adoption.
