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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
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.
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.
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.
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.
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
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.
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.
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.
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.
Virgin Galactic Shares Surge 20% After $30.5M Debt-for-Equity Swap
Virgin Galactic shares soared 20% to $5.67 after the company redeemed $30.5 million of 9.80% First Lien Notes by issuing 6.73 million shares, easing near-term debt pressure and boosting liquidity ahead of planned commercial spaceflight in late 2026, even as volatility and dilution concerns persist.
Adobe Plunges Ahead of Q2 Earnings as AI Fears Mount
Adobe shares fell 4.6% to $222.66 ahead of Q2 earnings, with options signaling an 8.5% swing that could push ADBE near 2019 lows amid AI fears and CEO transition.