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Macy's Stock Flat Despite Q1 Beat, Bloomingdale's Drives Upbeat 2026 Outlook
Macy's raised its 2026 sales and profit forecasts after Q1 comparable sales rose 3.0%, but shares were little changed as investors weighed tariff and consumer risks.
Medtronic Surges on Strong Heart-Device Sales, But 2027 Profit Outlook Caps Gains
Medtronic shares surged 5.1% after beating Q4 estimates, fueled by 78% cardiac ablation growth, but gains were capped by a weak 2027 profit outlook and tariff concerns.
Palantir's Valuation Debate Intensifies as Stock Dips Ahead of Annual Meeting
Palantir shares dropped 4% as the debate over its $374 billion valuation intensified, with bears warning of a potential 50% decline if growth expectations aren't met.
Social Security Benefits Could Face 24% Cut by 2032 Without Congressional Action
Without Congressional intervention, Social Security benefits could be cut by 24% starting in 2032, reducing average monthly payments by $500 for millions of retirees.
D-Wave Quantum Shares Dip as Gate-Model Roadmap Unveiled Amid Dilution Concerns
D-Wave Quantum shares slipped 1.37% premarket to $29.50 after announcing a gate-model quantum roadmap targeting 100 logical qubits by 2032, while investors assess dilution risks and revenue challenges.
Keel Infrastructure Gains on AI Hopes Despite No New Leases
Keel Infrastructure Corp. (KEEL) edged higher in premarket trading Wednesday, driven by AI data-center lease speculation despite no new deals. Shares have surged 98% in a month.
Micron Hits $1,064 as AI Memory Boom Outpaces Supply, Analysts Eye Risks
Micron shares crossed $1,000 as AI memory demand tightens supply, with Raymond James boosting its target to $1,100. However, analysts flag risks from competitor expansion and weaker AI orders.
Xos Shares Skyrocket 219% on AI Data Center Power Hub Launch
Xos shares jumped 219% premarket to $7.12 after unveiling a 2.5MWh Power Hub for data centers, tapping into the AI power demand surge. However, the company's latest 10-Q warns of going-concern risk with only $9.8M cash.
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.
