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Medline's $2.7B Secondary Offering Tests Post-IPO Demand
Medline's $2.68 billion secondary offering, upsized from 60 million shares, prices at $37 each, with the stock holding near that level.
Sidus Space Soars 24% on Revenue Growth, Dilution Concerns Loom
Sidus Space shares jumped 24.2% to $5.13 on Friday, driven by a strong Q1 update showing revenue growth and a narrower net loss. However, the company remains unprofitable and faces cash burn risks.
Credo Soars on AI Infrastructure Deal, Semiconductor Rally
Credo shares surged 13% Friday after its active electrical cables were selected for Rebellions' AI cluster, riding a broader semiconductor rally ahead of June 1 earnings.
Dow Hits New Record as Wall Street Eyes Inflation Data and Earnings
The Dow Jones Industrial Average surged to a new record close of 50,714.31 on Friday, led by gains in semiconductor and PC stocks, as optimism over U.S.-Iran talks and strong earnings buoyed markets.
Hyliion Surges on Navy Interest in KARNO Generator Technology
Hyliion shares surged nearly 40% after a U.S. Navy trial update on its KARNO generator platform, with commercialization of the 200-kW module expected late this year.
Millrose Properties in Spotlight as Dream Finders Presses Beazer Bid
Millrose Properties shares rose to $27.65 after Dream Finders Homes renewed its $25.75/share cash bid for Beazer Homes, with Millrose offering up to $500M in land-banking capital.
MARA Holdings Rises on AI Infrastructure Shift Despite Bitcoin Decline
MARA Holdings shares climbed 3.25% to $13.99 on Friday, outperforming a falling bitcoin, as investors weigh the company's strategic shift toward AI and data-center infrastructure.
Keel Infrastructure Hits 52-Week High Following AI Data Center Pivot
Keel Infrastructure shares hit a 52-week high of $5.03 on Friday after the company rebranded from Bitfarms and shifted focus to AI data-center infrastructure.
Opendoor Shares Steady as Mortgage Rate Climb Pressures Housing Market
Opendoor shares traded flat near $4.55 as rising mortgage rates and a drop in housing starts offset recent gains. The company reported improved gross margins but a wider net loss in Q1.
Nu Holdings Stock Dips as Credit Concerns Overshadow Record Profit
Nu Holdings shares fell 2.3% on Friday as analysts highlighted rising credit costs, overshadowing a record Q1 profit. The stock now trades 33% below its 52-week high.