Latest News
Archer Aviation Holds Pre-Holiday Gains as FAA Progress and Insider Sales Draw Attention
Archer Aviation shares climbed 3.92% to $6.36 on Friday, posting a 5.1% weekly gain. Markets are closed Monday for Memorial Day, with the next session on Tuesday.
NIO Shares Tumble 15% as ES9 Launch Looms
NIO shares dropped 7% Friday, capping a 15% weekly decline as investors await the ES9 SUV launch. First-quarter margins improved, but delivery declines and rising competition weighed on sentiment.
Infleqtion Shares Jump After $100M Quantum Funding Signal
Infleqtion shares rose 11.2% Friday after the U.S. Commerce Department signaled $100 million in quantum-computing incentives. The stock is up 31% since mid-May.
American Airlines Surges on Fuel Cost Relief Hopes
American Airlines shares jumped 12.5% in three sessions, closing at $13.85, as broader market optimism and potential fuel-cost easing lifted the stock ahead of Memorial Day.
Ford Stock Surges on Energy Storage Deal Ahead of Holiday Break
Ford shares surged 9.22% on Friday after the company announced a major battery storage agreement with EDF, pushing the stock to its highest close in nearly three years.
Nokia Stock Hits 52-Week High as AI Data-Center Demand Drives Rally
Nokia shares reached a 52-week high in Helsinki, driven by AI data-center demand and strong Q1 earnings. The stock's rally faces risks from competition and market uncertainties.
D-Wave Quantum Shares Surge 44.5% After $100 Million CHIPS Act Nod
D-Wave Quantum shares jumped 44.5% last week after the Commerce Department proposed $100 million in CHIPS Act funding. Q1 revenue fell to $2.9 million, but bookings surged nearly 2,000%.
Rigetti Computing Soars 48% on $100M Quantum Funding Deal with US Government
Rigetti Computing shares surged nearly 20% Friday to $26.42 after securing a $100 million funding letter of intent with the U.S. Commerce Department, capping a 48% weekly gain.
Nvidia's $91B Forecast Fails to Lift Stock Amid Profit Taking
Nvidia posted record quarterly revenue of $81.6 billion and guided above estimates for Q2, but shares fell 1.9% Friday as investors took profits amid competition concerns.
Sumitomo Mitsui Financial Group: 7x Surge in 5 Years—Still a Buy?
Sumitomo Mitsui Financial Group (TSE:8316) has surged 7-fold in five years. Despite trailing peers, valuation models suggest 36.5% upside.
Indian Markets Face Headwinds from Oil, Rupee, and Holiday-Shortened Week
Indian equities start a holiday-shortened week under pressure from high oil prices, a sliding rupee, and continued foreign selling. Nifty 50 and Sensex posted small gains last week but remain sharply lower since the Iran conflict erupted.
Australian Shares Rise as Market Awaits Key Inflation Data
The ASX 200 rose 0.41% to 8,657 on Friday, ahead of crucial April inflation data that could shape RBA policy. Miners and energy stocks outperformed.