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Virgin Galactic Shares Surge on Flight Progress, Sector Tailwinds
Virgin Galactic shares surged 19.5% Thursday to $4.53, buoyed by VSS Unity glide test resumption and renewed space sector interest ahead of a potential SpaceX IPO.
Intel Stock Steadies After Arc Chip Launch, AI Demand in Focus
Intel shares dipped 0.72% to $120.89 after unveiling Arc G-Series chips for handheld gaming PCs. AI-driven data center demand keeps the stock near its recent high of $132.75.
Ford Energy Fuels Surge as Battery Storage Deal Drives 34% Monthly Gain
Ford shares surged 4.9% to $16.65, extending gains to 34% over the past month, driven by a major battery storage deal and a shift toward energy infrastructure.
Plug Power Stock Holds Above $4 as Hydrogen Optimism Returns
Plug Power shares trade near $4.12 after a volatile week, with Q1 revenue growing 22% and a $246M net loss. The company advances its UK green hydrogen project and targets EBITDAS profitability by Q4.
Super Micro Shares Surge on Taiwan Export Crackdown, but Compliance Issues Loom
Super Micro shares jumped 8.1% after helping Taiwanese authorities seize 50 servers. Strong AI demand and Dell's raised outlook buoy the sector, but legal and compliance risks persist.
Nokia Stock Retreats as AI Rally Fades in Helsinki
Nokia shares fell 2.74% in Helsinki, retreating from an AI-led rally. The stock's ADRs declined over 7% in the U.S. as investors reassess valuations despite raised growth forecasts.
CME Launches 24/7 Crypto Trading, Eliminating Weekend Gap
CME Group will begin round-the-clock crypto futures and options trading on May 29, closing the weekend gap and ending a popular arbitrage strategy.
Ondas Surges on Drone Sector Funding Optimism and SEC Filing
Ondas shares jumped to $13.25 on drone sector funding hopes. The company filed to resell 2.7M shares from its Omnisys acquisition and reported Q1 revenue of $50.1M.
Sivers Semiconductors Surges Over 1,700% Before Short Sellers Pounce on Sales Miss
Sivers Semiconductors reported a 22% drop in Q1 net sales, missing estimates, as short interest surged to 17% of free float. Shares still up over 1,700% year-to-date.
Columbia Threadneedle Manager Buys LSEG, Dismisses AI Threat as Overstated
David Moss, manager of Columbia Threadneedle UK High Income trust, has bought shares in LSEG, dismissing AI fears as overblown. The trust trailed its benchmark with an 18.3% return.
Wall Street Hits Records; Dell's AI Revenue Surge Sparks After-Hours Rally
The S&P 500, Nasdaq, and Dow all closed at record highs Thursday. Dell surged 39% after hours on boosted AI-server revenue outlook, while PCE inflation hit 3.8% and GDP growth was revised lower.