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AMSS Shares Surge on Good Twin Sales and $6.99M Convertible Deal
AMASS Brands shares surged following strong sales of its Good Twin organic non-alcoholic wine and a $6.99 million convertible funding deal. The stock remains volatile in its first week on Nasdaq.
Digital Turbine Rockets 45% on Strong Revenue, AI Expansion Plans
Digital Turbine shares jumped 45% after fiscal Q4 revenue beat estimates, with the company forecasting strong growth and expanding its AI partnership with Google Cloud.
PDD Holdings Tumbles on Q1 Earnings Miss, Costs Surge
PDD Holdings shares plunged 10.5% after first-quarter revenue and profit fell short of Wall Street forecasts, as rising costs and intense competition pressured the Temu and Pinduoduo parent.
Lululemon Rises on Governance Pact with Founder Chip Wilson
Lululemon shares rose 4.5% after settling a board dispute with founder Chip Wilson, adding two new directors ahead of a CEO transition and Q1 earnings.
AI Memory ETF Shatters Record, Reaches $10B in 50 Days
The Roundhill Memory ETF (DRAM) has become the fastest ETF to reach $10 billion in assets, achieving the milestone in just 50 days amid a surge in AI-related memory chip demand.
Abercrombie & Fitch Surges on Q1 Profit Beat, Easing Turnaround Concerns
Abercrombie & Fitch shares rose 4-5% premarket after Q1 earnings beat, with EPS of $1.47 topping estimates. Net sales grew 2% to $1.11B, and full-year guidance was reaffirmed.
Ford's Battery Storage Deal Drives Stock Rally
Ford shares rose 2.6% to $15.32 on Tuesday, driven by a major battery storage deal between Ford Energy and EDF North America. The stock has surged 28% in two weeks.
Intel Edges Higher Premarket Despite Downgrade as CEO Heads to Taiwan for TSMC Talks
Intel shares rose 1.1% premarket Wednesday after a 3.1% gain Tuesday, but Northland downgraded the stock to Market Perform, saying the price is ahead of 2027 forecasts. CEO Lip-Bu Tan is traveling to Taiwan for TSMC meetings ahead of COMPUTEX.
Redwire Surges on SpaceX IPO Hype, But Losses Loom
Redwire shares surged 26% on Tuesday, riding the wave of SpaceX IPO anticipation and Starship test success. Despite strong revenue growth and a record backlog, ongoing losses and potential share dilution temper the rally.
Berkshire's First Filing Under Greg Abel Reveals Major Portfolio Reshuffling
Berkshire Hathaway's first 13F filing under CEO Greg Abel reveals a substantial increase in Alphabet holdings, a new Delta Air Lines stake, and exits from several major names.
Braiin Shares Retreat After 74% Surge on Switchcraft Utility Deal
Braiin Limited shares dropped 19.9% to $10.00 in pre-market trading Wednesday after soaring 74.2% Tuesday on news of a UK utility-switching deal with Switchcraft, with traders citing little evidence of immediate revenue.
Soligenix Surges on Ebola Vaccine Hopes Amid Congo Outbreak
Soligenix stock surged 94.6% in pre-market trading after tying its ThermoVax technology to the Bundibugyo Ebola outbreak in Congo and Uganda.