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Opendoor Edges Higher as Post-Holiday Housing Data Awaited
Markets Daniel Marsh

Opendoor Edges Higher as Post-Holiday Housing Data Awaited

Opendoor Technologies shares closed at $4.53, up 3.4% for the week. The market awaits April new home sales data as mortgage rates climb and housing signals remain mixed.

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S&P 500 Logs 8th Weekly Gain as PCE Inflation Looms
Markets Daniel Marsh

S&P 500 Logs 8th Weekly Gain as PCE Inflation Looms

The S&P 500 notched its eighth straight weekly gain, and the Dow closed at a record. Investors now await April PCE inflation data and a compressed trading week.

SPY DIA QQQ NVDA COST BBY DLTR CRM DELL QCOM HPQ GLD USO XLE
Medline's $2.7B Secondary Offering Tests Post-IPO Demand
IPO Michael Okonkwo

Medline's $2.7B Secondary Offering Tests Post-IPO Demand

Medline Inc. shareholders sold 72.55 million Class A shares at $37 each in an upsized secondary offering, with the stock closing at $37.01 on Friday. The deal closes May 28.

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Tesla Stock Edges Higher Ahead of Long Weekend; Recall and Macro Data Loom
Markets Daniel Marsh

Tesla Stock Edges Higher Ahead of Long Weekend; Recall and Macro Data Loom

Tesla shares rose 1.95% to $426.01 Friday, capping a 0.9% weekly gain, as investors shrug off a Model Y recall and await key inflation data.

TSLA GOOGL AMZN DIA SPY QQQ
Apple Hits $4.5 Trillion Market Cap; Holiday Week Tests Rally
Technology Sarah Chen

Apple Hits $4.5 Trillion Market Cap; Holiday Week Tests Rally

Apple closed Friday at $308.82, pushing its market value above $4.5 trillion. The holiday week brings key inflation data and Apple's WWDC, testing the rally.

AAPL GOOGL MSFT
HPQ Soars 15% on PC Demand Boost Ahead of Earnings
Earnings James Calloway

HPQ Soars 15% on PC Demand Boost Ahead of Earnings

HP Inc. shares jumped 15.3% Friday, their biggest one-day gain in months, after Lenovo's strong results boosted PC hardware stocks. Investors await HP's fiscal Q2 earnings on May 27.

HPQ DELL LEN
Navitas Semiconductor Surges 37% in a Week Amid AI Data Center Bet
Technology Sarah Chen

Navitas Semiconductor Surges 37% in a Week Amid AI Data Center Bet

Navitas Semiconductor shares surged 37% over the past week, closing at $29.25 on Friday after a 19.98% gain, driven by AI data center exposure and a capital structure deal.

NVTS
Nu Holdings Faces Key Test After Friday Dip, Credit Quality in Focus
Markets Daniel Marsh

Nu Holdings Faces Key Test After Friday Dip, Credit Quality in Focus

Nu Holdings closed Friday at $12.73, down 3.3% but up 4.4% for the week. A holiday-shortened week tests the stock amid rising credit-loss allowances and a lower risk-adjusted margin.

NU MELI STNE PAGS
IonQ Shares Surge 23% in Week Ahead of Quantum Funding Test
Markets Daniel Marsh

IonQ Shares Surge 23% in Week Ahead of Quantum Funding Test

IonQ shares surged 23% in a week on heavy volume, despite missing out on $2 billion in US quantum funding. Focus now shifts to Tuesday's trading.

IONQ IBM QBTS RGTI
Redwire Surges on Major Drone Contracts from Army and NATO Ally
Markets Daniel Marsh

Redwire Surges on Major Drone Contracts from Army and NATO Ally

Redwire shares jumped 13.9% to $17.49 Friday, capping a 24% weekly gain on the back of a $15 million U.S. Army drone order and a high-eight-figure NATO contract, with trading volume topping 55 million shares.

RDW RKLB AVAV KTOS SPY
SoFi Holds Steady as Traders Pivot to PCE Data
Economy Daniel Marsh

SoFi Holds Steady as Traders Pivot to PCE Data

SoFi shares ended the week nearly unchanged at $15.62, with traders focused on Thursday's PCE inflation report for clues on rate direction.

SOFI AFRM LC UPST
BlackBerry Soars 19% on FedRAMP Win and QNX Robotics Debut
Technology Sarah Chen

BlackBerry Soars 19% on FedRAMP Win and QNX Robotics Debut

BlackBerry shares jumped 19% Friday after the company announced its AtHoc platform received FedRAMP High re-certification and QNX will demo at the Robotics Summit. Q4 revenue rose 10% to $156 million.

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