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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.
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.
