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Unusual Machines Soars on Pentagon Drone Funding Reports
Unusual Machines (UMAC) surged over 30% premarket on reports of Pentagon funding talks and a partner's selection for the Drone Dominance Program Phase II.
Meta's Subscription Launch Drives Stock Rally
Meta shares jumped 3.74% to $635.25 on Wednesday after introducing paid subscription plans across its apps and AI tools, while raising its 2026 capital spending forecast to $125-$145 billion.
NIO Shares Surge on ES9 SUV Launch Amid China EV Market Shift
NIO shares surged 6.28% in Hong Kong and 9.32% in US ADRs following the launch of its ES9 luxury SUV, as the company navigates a slowing Chinese auto market.
Astrotech Surges on Moon Resource Initiative, But Cash Concerns Loom
Astrotech shares surged 459% on a lunar resource initiative, but the company has no contracts, revenue is falling, and cash is limited.
Ondas Stock Climbs on Drone Funding Buzz Ahead of Key Vote
Ondas shares gained 10.5% premarket as drone funding talks lift sentiment, with a shareholder vote on share authorization looming. Q1 revenue soared to $50.1M.
Red Cat Holdings Surges on Analyst Initiation and Drone Orders
Red Cat Holdings shares surged 9% Wednesday and continued higher pre-market Thursday after H.C. Wainwright initiated coverage with a Buy rating and $20 target.
Nokia Stock Retreats After AI-Driven Surge; Investors Assess Valuation
Nokia shares slipped in Helsinki as investors weigh whether the stock's massive AI-driven rally has run its course. The company reported strong AI and cloud orders, but valuation concerns are emerging.
Nvidia's $5.19 Trillion AI Trade Stalls Amid Chip Sector Pullback
Nvidia shares fell 1.1% Wednesday, pausing after a strong rally, as the broader chip sector slid. The AI bellwether's market cap sits near $5.19 trillion.
Lloyds Shares Dip 0.6% Despite Buyback and £500M Green Loan Launch
Lloyds shares slipped 0.6% to 101.4p despite a share buyback and a £500M green loan program as Gulf tensions drove oil prices up nearly 4%, weighing on global markets.
Indian Markets Closed for Holiday; Gift Nifty Signals Weak Start as Oil Surges
Indian markets closed for Bakri Id; Gift Nifty futures fell 0.79% signaling a weak Friday start. Brent crude surged 3.6% to $97.71 amid U.S.-Iran tensions, adding to cautious sentiment.
ASX 200 sinks 1.4% as Middle East strife fuels oil surge, banks and tech slide
Australian shares fell sharply Thursday, with the S&P/ASX 200 down 1.4% to 8,592.90 as renewed fighting near the Strait of Hormuz drove oil prices higher. Banks, miners, and tech stocks each lost over 2%, while gold miners dropped 7.1%.