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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.
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.