Latest News
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.
Red Cat Soars 32% on Maritime Drone Production Plans and Sector-Wide Rally
Red Cat shares jumped 32% to $14.15 in after-hours trading Thursday, driven by news of full-rate production for its Blue Ops maritime drone and a broader rally in drone stocks.
NetApp Surges on AI Storage Demand, Beats Q4 Estimates
NetApp shares surged 13% in after-hours trading after beating Q4 estimates with $1.95B revenue and $2.43 EPS, driven by AI and cloud storage demand. The company forecast fiscal 2027 revenue up to $7.575B.
Ambev Shares Dip as Goldman Sachs Warns of Limited Price Hike Potential
Ambev shares dropped 1.9% to 16.29 reais as Goldman Sachs flagged limited room for further price hikes, while BTG Pactual upgraded the stock to buy.
BlackBerry Rallies on QNX Software Strength and AI Robotics Push
BlackBerry shares rallied as QNX software revenue hit a record $78.7 million, driven by demand in robotics and physical AI. Options activity was bullish, and the company announced a share buyback.
Amazon Nears $3 Trillion as Snowflake Pacts $6 Billion for AWS AI
Amazon shares rose 0.8% after Snowflake announced a $6 billion, five-year AWS commitment, highlighting surging AI cloud demand.
Autodesk Shares Dip After Q1 Beat, $3.6B MaintainX Deal
Autodesk shares dropped over 5% in after-hours trading Thursday, even as the company reported fiscal Q1 earnings above estimates and raised its 2027 outlook.