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IREN Surges on $3.65B GPU Deal and 800MW Australian Data Center
IREN shares climbed to $66.60 premarket on news of an 800 MW Australian data-center plan and a $3.65 billion GPU financing deal for its Microsoft contract. Canaccord raised its target to $79.
Archer Aviation Dips Below $7 Amid Cash Burn Concerns and Certification Hurdles
Archer Aviation stock trades under $7 as first-quarter results show heavy cash burn and ongoing certification challenges, with Cantor Fitzgerald maintaining an Overweight rating.
J-Star Rallies on Texas Battery Plans Ahead of Nasdaq Vote
J-Star Holding shares jumped to $1.36 in premarket trading after providing updates on its proposed $122.5 million solid-state battery plant in Baytown, Texas, ahead of a shareholder vote on a reverse split.
Legend Biotech Surges 42% on Promising Early CAR-T Data
Legend Biotech shares surged 42% after early Phase 1 data showed all six high-dose patients with relapsed B-cell non-Hodgkin lymphoma responded to its in vivo CAR-T therapy, with five achieving complete responses.
T1 Energy Shares Dip After $32M KORE Power Acquisition
T1 Energy stock slipped 1.3% premarket after unveiling a $32M acquisition of KORE Power, targeting growth in battery storage and AI data-center markets.
National Grid Summer Aid Events Target Rising Massachusetts Power Bills
National Grid kicks off customer-assistance events in Worcester to offset summer electricity costs, pairing bill relief with grid upgrades ahead of expected high demand.
UiPath Stock Slips After AI-Driven Earnings Surge; ARR Growth in Focus
UiPath shares retreated to $12.18 after surging 12% on strong Q1 results and first-ever GAAP profitability, as Wall Street weighs agentic AI potential against rising competition.
Palo Alto Networks Dips Despite AI Security Revenue Surge
Palo Alto Networks shares slipped in premarket trading despite a 31% revenue increase to $3.0 billion and raised full-year guidance, as investors weigh whether AI-driven growth is already reflected in the stock price.
Super Micro Jumps 7% on $2B India AI Deal, Strong Server Demand
Super Micro Computer surged 7% to $50.17 after a $2 billion AI infrastructure deal in India and strong AI server demand signaled by rivals' results. Investors face risks from rising costs, competition, and legal scrutiny.
Opendoor CEO Urges Shareholders to Vote Amid Proxy Fight Ahead of Russell 3000 Inclusion
Opendoor shares dipped 0.92% to $5.36 premarket as CEO Kaz Nejatian pushes for shareholder votes before a June 11 proxy fight, with ISS and Glass Lewis opposing him. The stock's upcoming Russell 3000 inclusion adds a technical catalyst.
Opendoor CEO Urges Shareholder Votes Amid Proxy Fight, Russell 3000 Inclusion Looms
Opendoor stock dipped 0.92% premarket as CEO Kaz Nejatian urged shareholders to vote before a June 11 proxy fight, with ISS and Glass Lewis recommending against him. The company's pending Russell 3000 inclusion on June 26 adds a technical catalyst.