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NuScale Power Jumps 5% as SMR Licensing Reform and TVA Deal Await
NuScale Power shares gained 5.3% on Friday as investors focused on regulatory reforms and a possible TVA power purchase agreement.
NIO Stock Rises on ES9 Launch Amid China EV Market Challenges
NIO's US-listed shares rose 1.6% to $5.64 after the ES9 flagship SUV launch. Q1 deliveries surged 98% YoY but slipped from Q4, as CEO Li cautions China's auto market has left its 'golden era.'
Gap Shares Tumble 17.6% After Old Navy Weakness Prompts Sales Forecast Cut
Gap shares fell 17.6% to $20.60 after cutting its full-year sales forecast, citing weak demand at Old Navy, particularly in women's dresses. Net sales rose 1% to $3.5 billion, missing earlier growth targets.
Replimune Surges 85% on FDA Priority Review for Melanoma Drug
Replimune shares soared 85% after the FDA agreed to a priority review for its melanoma drug RP1, following a previous rejection. New trial data is expected soon.
NetApp Stock Soars on AI Storage Demand, Guidance Boost
NetApp shares jumped over 26% after the company beat quarterly estimates and raised its outlook on strong AI-driven demand for storage solutions.
HUB Cyber Security Surges 345% on Heavy Volume and New Ownership Filings
HUB Cyber Security Ltd. (HUBC) surged 345% to $0.49 on Friday with volume exceeding 1 billion shares, as recent SEC filings revealed three investors now hold over 60% of the company's post-split shares.
Rivian Stock Jumps 7.6% as R2 SUV Launch Date Set for June 9
Rivian shares jumped 7.6% to $16.36 after announcing June 9 as the R2 SUV launch date, targeting up to 25,000 deliveries by year-end, while facing a new NHTSA probe and mixed Q1 results.
Tesla Shares Dip Despite European FSD Approval; BYD Rivalry Intensifies
Tesla shares slipped 1.2% on Friday, underperforming the broader market, even as Estonia approved its Full Self-Driving software. The company faces stiff competition from BYD and plans over $25 billion in capital spending for 2026.
BlackBerry Surges on QNX AI Push and Options Activity
BlackBerry shares climbed 3.4% on Friday, fueled by QNX robotics AI research and a surge in options trading, as investors eye the QNX unit's expansion beyond automotive into robotics and medical tech.
