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AeroVironment Shares Surge on Drone Funding Hopes and Air Force Deal
AeroVironment shares surged over 17% on a $20 million Air Force contract and speculation of U.S. government funding for domestic drone producers, lifting the sector.
3 E Network Technology Skyrockets 210% on Strong Revenue, but Loss Looms
3 E Network shares jumped 210% after revenue doubled, but net loss and low cash raise concerns.
Grab Stock Slips on Indonesian Bank Stake Concerns
Grab shares declined 1.8% in New York as the market reassesses the company's digital banking expansion in Indonesia, with Superbank set to become a consolidated subsidiary.
MARA Holdings Falls as Bitcoin Slide Overshadows AI Expansion Efforts
MARA Holdings shares fell 2.1% as bitcoin slid 1.7%, underscoring the company's continued sensitivity to crypto prices despite its AI push.
Entergy New Orleans Secures $90M in Bond Sale Ahead of Hurricane Season
Entergy New Orleans raised $90 million via a private placement of first mortgage bonds, with proceeds likely earmarked for storm hardening and capital spending ahead of the Atlantic hurricane season.
UiPath Shares Rally Ahead of Q1 Results; AI Focus in Spotlight
UiPath shares gained 5.7% to $11.80 ahead of fiscal Q1 results due after the close. Investors await evidence that agentic AI products are driving recurring revenue growth.
Amprius Technologies Shares Rally 26% Amid Insider Sales and Short-Seller Report
Amprius Technologies shares surged 26.5% to $21.70 on heavy volume, fueled by insider sales, a short-seller report, and strong Q1 results. The company raised its 2026 revenue forecast.
Marvell Rises on $10B Custom Chip Forecast, AI Demand Drives Growth
Marvell Technology shares rose 2.4% to $203.50 after forecasting $10B+ in custom-chip revenue by fiscal 2029, with Q1 revenue up 28% to $2.418B. AI bookings surged and data center sales made up 76% of total revenue.
AMD Surges 5% as AI Infrastructure Bets Revive Chip Sector Rally
AMD shares surged 5.1% to $520.93 on Thursday, leading chip stocks higher on renewed AI demand and a $10B investment in Taiwan's chip ecosystem.
Photronics Plunges 32% on Q2 Revenue Miss and Weak Outlook
Photronics shares fell 32% after missing Q2 estimates and cutting guidance, with IC revenue down 5% year over year.