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UK Sanctions HTX and 17 Others in Sweeping Crypto Crackdown on Russia
The UK has sanctioned HTX, formerly Huobi Global, along with 17 other crypto and payment firms, in a major move to disrupt Russia-linked financial networks.
Archer Aviation Gains Premarket as eVTOL Certification Advances
Archer Aviation shares rose 2.14% to $6.65 in Wednesday's premarket, extending a 12.6% rebound since May 20. The company completed Phase 3 of FAA certification for its Midnight eVTOL aircraft.
SoFi Stock Wavers on SpaceX IPO Hype, Fundamental Challenges Linger
SoFi Technologies shares hover near $16 on SpaceX IPO buzz, but the stock is down 39% YTD. Record Q1 revenue and loan originations contrast with a 27% drop in tech platform revenue.
Ondas Stock Climbs Ahead of Crucial Vote on Share Increase
Ondas shares climbed to $10.10 in premarket trading Wednesday ahead of a shareholder vote on raising authorized shares and expanding the stock plan.
Rigetti Computing Slips After Quantum Surge; Investors Eye Funding Milestone
Rigetti Computing shares retreated 5.13% to $25.07 Tuesday, pulling back from a two-day surge driven by U.S. quantum funding announcements. The company disclosed new manufacturing equipment and a 99.5% two-qubit gate fidelity milestone.
American Airlines Soars on Starlink Wi-Fi Deal
American Airlines shares jumped 7.2% after announcing plans to equip over 500 narrowbody jets with SpaceX's Starlink Wi-Fi, starting in 2027. The deal aims to enhance the passenger experience and compete in a crowded market.
Wall Street Hits Fresh Peaks as AI Chip Trade Powers After-Hours Moves
The S&P 500 and Nasdaq closed at all-time highs Tuesday, driven by AI chip demand. Micron briefly hit $1 trillion market cap, Qualcomm surged on a ByteDance deal, and Zscaler dropped after weak revenue guidance.
Ford Stock Hits 52-Week High on Energy Storage Deal
Ford shares surged 2.6% to a 52-week high of $15.54 following a major battery storage deal with EDF, as Wall Street revalues the company beyond its core auto business.