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Astrotech Surges 524% on Moon Mining Plan Despite No NASA Role
Astrotech shares soared 524% on lunar mining and quantum plans, but the company lacks NASA contracts and reported a $3.8 million quarterly loss.
Verra Mobility Tumbles 71% as Avis Budget Ends Contract
Verra Mobility shares fell 71.4% after Avis Budget said it will end its contract in September 2026, cutting a key revenue source and prompting analyst downgrades.
Boston Scientific Plunges to Two-Year Low on Watchman Slowdown
Boston Scientific shares fell 10% to a two-year low after CEO Michael Mahoney flagged slower use of its Watchman heart implant, raising growth concerns.
Uber's Bid for Delivery Hero Faces Shareholder Resistance
Uber's €33-a-share takeover offer for Delivery Hero has been met with investor resistance, as shares trade above the bid. A key shareholder rejected a €38 offer, pushing Uber to consider raising its bid.
Borrowing $1.5 Trillion for Stocks Unlikely to Fix Social Security, Study Warns
A Boston College study warns that borrowing $1.5 trillion to invest in stocks is unlikely to fix Social Security's shortfall, with the fund failing to repay debt in most scenarios.
Applied Digital Secures 1 GW in AI Contracts, Execution Risks Loom
Applied Digital shares held near $45.25 after a $7.5B lease boosted contracted capacity to 1.2 GW and revenue to $31B. Execution risks remain key.
Broadcom Faces Key Earnings Test with Options Pricing 7.5% Swing
Broadcom options signal a 7.5% swing after June 3 earnings. Investors eye AI revenue and margins as the company shifts to custom silicon.
SanDisk’s AI-Fueled Surge Outpaces Wall Street Targets
SanDisk shares fell 2% to $1,557.74 even after Barclays nearly doubled its price target, as the AI-driven rally outpaces analyst expectations.