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Intel's AI Pivot Under Scrutiny After Holiday Lull
Intel closed at $119.84 before Memorial Day. The market is focused on whether AI demand and supply will sustain the stock's rally.
NIO Shares End Flat as Market Awaits Post-Earnings Catalysts
NIO shares ended Friday down 7.14% at $5.20, even as U.S. markets rallied. The stock faces headwinds from fierce competition and macro uncertainty, with key catalysts including the ES9 launch and upcoming inflation data.
American Airlines Stock Poised for Tuesday Rebound After Oil Price Drop
American Airlines shares ended Friday at $13.85, up 12.5% for the week, as oil prices dropped nearly 7% Monday amid U.S.-Iran talks. CEO Robert Isom will speak at Bernstein's conference Wednesday.
D-Wave Quantum Surges on $100M Grant, Awaits Key Details
D-Wave Quantum shares rose to $29.40 after news of a $100 million CHIPS Act grant. The market awaits final terms and the company's investor day on June 1.
Rigetti Computing Surges on $100M Quantum Grant News, Trading Resumes Tuesday
Rigetti shares surged 19.9% to $26.42 on Friday following news of a potential $100 million grant from the U.S. Commerce Department. Trading resumes Tuesday after the Memorial Day holiday.
Ford Stock Hits New High on Battery Storage Unit Momentum
Ford shares hit a one-year high of $14.93 on Friday, fueled by its new battery storage unit and a deal with EDF. Investors will watch Tuesday's trading for signs of sustained momentum.
Schwab Faces AI-Driven Cash Flow Challenge Amid Record Assets
Charles Schwab's idle cash model faces a new test as AI-powered tools make it easier for clients to shift funds into higher-yield products. The company reported record assets of $12.61 trillion in April.
Athabasca Oil Drops 5% as Crude Plunges, TSX Hits Record
Athabasca Oil shares fell 5% to C$11.34 as WTI crude dropped over 6%, lagging the TSX which hit a record high despite energy sector losses.
Lockheed Martin Expands THAAD Production in Alabama Amid Rising Demand
Lockheed Martin has started construction on a major THAAD interceptor plant in Alabama, aiming to increase output from 96 to 400 units per year amid surging Pentagon demand.
Strathcona Slumps 5% as TSX Hits Record; Energy Stocks Drag
Strathcona Resources fell 5.1% as crude tumbled on U.S.-Iran talks. TSX hit a record, but energy stocks lagged.