Latest News
Apple Stock Climbs on AI Optimism Ahead of Developer Conference
Apple shares rose 0.8% to $310.71 on Wednesday, lifting its market cap near $4.58 trillion, as investors looked ahead to AI announcements at the upcoming WWDC.
Tesla Shares Rise on European Sales Rebound, BYD Maintains Lead
Tesla shares climbed 1.4% to $439.61 after European registrations jumped 46.5% in April. BYD outpaced Tesla with a 114.5% surge, remaining the top EV seller in Europe.
Grab Shares Climb as Superbank Consolidation Nears
Grab Holdings shares rose 1.3% Wednesday after announcing the consolidation of Indonesia's Superbank into its financial services segment, with financial services revenue up 43% to $107 million.
Keel Infrastructure Surges as AI Data Center Play Gains Traction
Keel Infrastructure shares rose 7.99% to $5.54 on heavy volume, driven by investor interest in its AI infrastructure pivot, though Q1 revenue fell 23%.
Dycom Industries Surges on Earnings Beat, Data Center Expansion
Dycom Industries shares surged 27% after beating Q1 earnings estimates, raising full-year guidance, and announcing a $275M acquisition to expand data-center infrastructure services.
Hoth Therapeutics Soars on Pivot to Space-AI with Rocket One Rebrand
Hoth Therapeutics shares jumped 71% to $1.21 after the company rebranded as Rocket One Inc., shifting focus from biotech to space, defense, and nanomagnetic AI chips.
Intuitive Surgical Dips on Goldman Sachs Price Target Cut Amid Medtech Weakness
Intuitive Surgical shares slid over 4% after Goldman Sachs cut its price target to $558. The medtech giant posted strong Q1 revenue growth but faces tariff and competitive headwinds.
Archer Aviation Shares Dip Amid Cash Burn Concerns and FAA Progress
Archer Aviation shares slipped to $6.49 after reporting a Q1 net loss of $217.7M. The company completed Phase 3 of FAA type certification for its eVTOL aircraft, but ongoing cash burn pressures persist.
Crude Drops 4% on Iran Deal Report, Hormuz Reopening Hopes
Oil prices fell about 4% Wednesday after Iranian state TV reported a draft U.S.-Iran deal to reopen the Strait of Hormuz, sending Brent to $95.59 a barrel and WTI to $88.91.
Opendoor Stock Jumps on Russell 3000 Index Inclusion
Opendoor Technologies shares rose 8.6% on news of its upcoming inclusion in the Russell 3000 Index, with over 36 million shares traded.
IREN Stock Surges on $1.6B Dell Deal to Accelerate AI Infrastructure
IREN shares rose 9.4% to $65.42 after announcing a $1.6 billion Dell hardware deal to speed up Nvidia Blackwell system deployment, with a $4.4 billion annualized revenue target.
