Latest News
Snowflake Stock Surges on $6B AWS Deal, Raised Outlook
Snowflake shares surged over 33% following a $6 billion AWS deal and an upbeat fiscal 2027 revenue forecast, prompting at least 30 analysts to raise price targets.
Super Micro Shares Jump on Taiwan Seizure and European AI Cloud Deal
Super Micro shares surged 6.2% after Taiwan officials arrested three suspects and seized 50 servers in an export case, while the company announced a major AI cloud deal with Verda in Europe.
Lilly Expands Vaccine Portfolio with $3.83B Triple Acquisition
Eli Lilly acquires Curevo, LimmaTech, and Vaccine Company for up to $3.83B, gaining vaccine candidates for shingles, staph, and Epstein-Barr virus. Shares rose 5%.
Dow Dips as Inflation Data and Iran Tensions Chill Rally
The Dow fell 110 points Thursday as April PCE inflation data and renewed U.S.-Iran tensions pressured energy stocks and raised rate concerns.
Infleqtion Shares Surge 8.7% on Oxford Expansion Plans Despite Insider Sale
Infleqtion shares jumped 8.7% on plans to open an Oxford Quantum Innovation Centre, but a recent insider stock sale by Maverick-linked entities adds caution.
Bitmine Stock Dips as Ether Slips Below $2,000; $12.3B Crypto Bet in Focus
Bitmine shares fell 4.6% after ether dipped below $2,000. The company holds $12.3 billion in crypto and is poised for Russell 3000 index rebalancing.
UMAC Surges on Pentagon Drone Funding Report, Profitability Concerns Linger
Unusual Machines shares jumped up to 52% on reports the Trump administration is in talks to fund U.S. drone makers, but the company's operating losses and rising inventory raise concerns.
Butterfield Acquires CIBC Caribbean for $1.8B, Reshaping Regional Banking
Butterfield acquires CIBC's majority stake in CIBC Caribbean for $1.8B, adding 41 branches across 10 countries and boosting assets to $29B. CIBC sharpens North American focus.
Fertitta's $17.6B Caesars Buyout Gets Board Nod, Stock Lags Offer
Fertitta Entertainment buys Caesars for $17.6B ($31/share). CZR stock up 1.6% to $29.25, below offer. Go-shop until July 11 for higher bids.
Keel Infrastructure Stock Dips in Premarket After AI Rally
Keel Infrastructure shares slipped 1.82% in premarket trading Thursday, following a 7.31% gain Wednesday, as the company pivots from Bitcoin mining to AI data centers.
Opendoor Technologies Joins Russell 3000 Index, CEO Increases Stake
Opendoor Technologies (OPEN) shares jumped 6% premarket after the company announced its inclusion in the Russell 3000 Index, effective June 26. CEO Kaz Nejatian purchased 100,000 shares, increasing his stake to 83.58 million.