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Navan Stock Surges 21% on Raised Fiscal 2027 Guidance, AI Expansion
Navan shares soared 21% premarket after the company raised its fiscal 2027 revenue and profit outlook, citing robust enterprise demand and AI-driven booking growth.
Quantum Cyber Drops on Dilution Fears After Drone Filament Unit Reveal
Quantum Cyber shares slipped after unveiling plans for a drone filament division, as a $250 million shelf registration raised dilution concerns.
Alibaba Shares Tumble 5.4% After Beijing Questions 618 Subsidy Claims
Alibaba's Hong Kong shares plunged 5.4% after Beijing regulators questioned Taobao and Tmall's 618 festival subsidy claims, intensifying regulatory risk and margin worries.
Ford Stock Stabilizes After Novelis Aluminum Mill Restart Offers Profit Boost
Ford shares stabilize after Novelis restarts its key aluminum mill for F-150 trucks, promising a $1B profit boost, but tariffs and costs remain risks.
Grab Stock Nears 52-Week Low as Taiwan Foodpanda Deal Faces Scrutiny
Grab shares trade near a 52-week low of $3.26 as the $600 million foodpanda Taiwan deal awaits regulatory sign-off, despite strong Q1 growth.
Robinhood Surges as IPO Underwriting Nod Opens New Revenue Streams
Robinhood shares jumped 3% to $86.36 as the broker gains approval to underwrite IPOs, moving closer to Wall Street's core. The move comes as SpaceX's IPO draws massive retail demand and CFTC weighs event contract regulations.
Diesel Price Drop: Relief for Truckers but Supply Fears Loom
U.S. diesel prices have dropped for five straight weeks, but tight inventories and global supply concerns threaten a quick reversal, keeping truckers and farmers under pressure.
UTime Shares Surge 48% Pre-Market on Financing Deal and Web3 Ambitions
UTime shares surged 48% in pre-market trading, driven by investor focus on a $50 million financing deal and the proposed Feixiaohao Web3 acquisition, despite dilution concerns.
D-Wave Quantum (QBTS) Plunges 50% from High as Revenue Concerns Mount
D-Wave Quantum shares fell 9% to $23.25, halving from their 52-week high, as investors question whether a 1,994% bookings surge can offset an 81% revenue decline.
Nu Holdings Stock Holds Steady Amid $1B Buyback, Analyst Downgrades
Nu Holdings shares steady near 52-week low after $1B buyback, but analyst downgrades on margin and credit concerns persist. CFO transition adds uncertainty.
AT&T Holds Gains as Fiber Strategy and Buyback Plan Buoy Outlook
AT&T shares held near Wednesday's close after the company reiterated its 2026 and multi-year guidance, including a $4.0-$4.5 billion Q2 free cash flow target and a fiber-driven growth plan.
Apple Stock Edges Up as Siri AI Rollout Faces Hurdles
Apple shares rose 0.52% premarket to $293.10, recovering from WWDC losses, as investors weigh Siri AI's ability to drive upgrades despite compatibility issues.