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HPE Stock Surges as AI Demand Drives Hardware Rally Ahead of Earnings
HPE shares surged nearly 10% on Friday, leading a rally in hardware and networking stocks as analysts cite strong AI demand ahead of the company's June 1 earnings call.
SpaceX IPO Buzz Lifts Virgin Galactic and Space Stocks
Virgin Galactic shares jumped 18% on Friday as speculation about a SpaceX IPO boosted space stocks, despite the company's ongoing cash burn and financing risks.
Family Dollar Shutters Over 350 Stores, Testing Private-Equity Turnaround
Family Dollar closed at least 350 stores in 10 months, hitting Southern and Appalachian areas hard. New private-equity owners face a test of their turnaround strategy.
Uber Eyes Full Takeover of Delivery Hero, Intensifying Food Delivery Rivalry
Uber is exploring a full takeover of Delivery Hero after raising its stake to 19.5%, Bloomberg reports. A further increase to 30% would trigger a mandatory offer.
BJ's Wholesale Club Shares Slide 8% Despite Earnings Beat on Weak Core Sales
BJ's Wholesale Club shares dropped over 8% Friday as investors focused on weak in-club sales growth of just 1.5%, missing forecasts, despite an earnings beat.
Firefly Surges as SpaceX IPO Hype Boosts Space Sector
Firefly Aerospace shares surged 12% on Friday, buoyed by SpaceX IPO speculation and a broader rally in space stocks, trading above its $45 IPO price.
Tesla Stock Rises on SpaceX IPO Buzz and Intercompany Dealings
Tesla shares rose 2.38% to $427.79 Friday, driven by SpaceX IPO disclosures showing $650M in intercompany deals, a Model Y recall, and a broader Wall Street rally.
BlackBerry Soars 16% on QNX Strength and FedRAMP Recertification
BlackBerry Ltd. shares jumped more than 16% Friday, hitting 52-week highs, driven by FedRAMP recertification and ongoing QNX business strength.
Ondas Charts Next Move After $196.6M Omnisys Acquisition
Ondas shares edged up 0.54% to $9.23 after closing its $196.6M stock acquisition of Omnisys, while a resale filing for 2.7 million Mistral shares adds overhang.
HP Stock Surges 15% Ahead of Earnings; Analysts Sound Caution
HP shares surged 15.5% ahead of its fiscal Q2 earnings report. Analysts warn of potential pullback amid memory cost pressures and CEO transition.
PicoCELA Surges 141% on Nasdaq as Thin Float Fuels Volatility
PicoCELA's U.S.-listed shares surged 141% to $5.43 on Friday, extending a two-day rally with no new operating news, as traders piled into the thinly traded stock ahead of a key shareholder vote.