Momentus Shares Surge 42% on Space Sector Momentum and SpaceX IPO Buzz
IPO Michael Okonkwo

Momentus Shares Surge 42% on Space Sector Momentum and SpaceX IPO Buzz

Momentus Inc. shares jumped over 42% to $16.13 on heavy volume, riding a space sector rally tied to SpaceX IPO expectations. The company reports $76M cash, zero debt, and progress on its Vigoride 7 mission.

MNTS
Gelteq Surges 56% After Multiple Volatility Halts on Nasdaq
Markets Daniel Marsh

Gelteq Surges 56% After Multiple Volatility Halts on Nasdaq

Gelteq Limited (GELS) surged 56% to $0.805 on volume over 106 million shares, triggering multiple volatility pauses on Nasdaq, after announcing a new China Center of Excellence and $3.5 million in strategic debt financing.

GELS
Sheetz Accelerates Wilmington Expansion with First Brunswick County Store Plans
Markets Daniel Marsh

Sheetz Accelerates Wilmington Expansion with First Brunswick County Store Plans

Sheetz is expanding into Leland, North Carolina, with plans for its first Brunswick County store and $15/hour job postings, while facing safety challenges after a road-rage shooting at an Ohio location.

Archer Aviation Steadies After ARK Invest Trims Stake, FAA Progress in Focus
Markets Daniel Marsh

Archer Aviation Steadies After ARK Invest Trims Stake, FAA Progress in Focus

Archer Aviation shares edge up 0.5% to $5.08 as ARK Invest sells 2.2 million shares. Focus remains on FAA certification, cash position, and Q2 loss guidance.

ACHR ARKK ARKQ
Rigetti Computing Rises After Rosenblatt Maintains $40 Target
Technology Sarah Chen

Rigetti Computing Rises After Rosenblatt Maintains $40 Target

Rigetti Computing shares rose 1.9% to $19.82 after Rosenblatt reaffirmed its Buy rating and $40 target, with market participants weighing insider transactions, the 108-qubit rollout, and possible $100 million CHIPS Act funding.

RGTI
Microsoft Underperforms as Nasdaq Rebounds; Xbox Layoffs Loom
Technology Sarah Chen

Microsoft Underperforms as Nasdaq Rebounds; Xbox Layoffs Loom

Microsoft shares fell 2.8% to $386, lagging a Nasdaq rebound, as investors weighed reports of upcoming Xbox layoffs and ongoing weakness in gaming revenue.

MSFT QQQ SPY ORCL
Ondas Shares Rise on LADOS Launch Plans and Omnisys Share Filing
Markets Daniel Marsh

Ondas Shares Rise on LADOS Launch Plans and Omnisys Share Filing

Ondas Inc. shares edged up 1.5% to $9.45 as the company announced plans to launch its LADOS defense command-and-control system at Eurosatory 2026, while also filing for resale of 2.7 million shares related to the Omnisys acquisition.

ONDS
Nokia Stock Steadies After Steep Selloff, AI Strategy in Focus
Markets Daniel Marsh

Nokia Stock Steadies After Steep Selloff, AI Strategy in Focus

Nokia shares see a slight recovery after a sharp two-day decline, with the company highlighting its AI-driven network management strategy.

SoFi Technologies Recovers to $15.95 Amid Broad Tech Rally; Fintech Sector Under Scrutiny
Markets Daniel Marsh

SoFi Technologies Recovers to $15.95 Amid Broad Tech Rally; Fintech Sector Under Scrutiny

SoFi Technologies (SOFI) bounced back to $15.95 on Thursday, recovering from a 3.6% drop, as tech stocks rallied. The fintech firm's strong Q1 results and new products are weighed against its high beta and mixed analyst ratings.

SOFI QQQ SPY DIA
IREN Rallies After Needham Downgrade, AI Cloud Transition in Focus
Markets Daniel Marsh

IREN Rallies After Needham Downgrade, AI Cloud Transition in Focus

IREN shares bounced over 5% midday after Needham lowered estimates, but the stock remains well below its 52-week high as investors eye AI revenue timing.

IREN
Plug Power Shares Slide as Investors Eye Profitability Roadmap
Markets Daniel Marsh

Plug Power Shares Slide as Investors Eye Profitability Roadmap

Plug Power shares slid nearly 3% as the company detailed its timeline to profitability through 2028, with investors weighing cash burn and liquidity concerns.

PLUG
EDHL Stock Surges on Heavy Volume, Retail Momentum Drives Micro-Cap Rally
Markets Daniel Marsh

EDHL Stock Surges on Heavy Volume, Retail Momentum Drives Micro-Cap Rally

EDHL stock surged over 200% on heavy volume, driven by retail momentum in a micro-cap with a thin float, despite weak financials and no new corporate news.

EDHL QQQ SPY DIA