Walmart tops Q1 forecasts but cautious Q2 outlook weighs on shares
Earnings James Calloway

Walmart tops Q1 forecasts but cautious Q2 outlook weighs on shares

Walmart beat Q1 estimates with $177.8B in revenue, but a softer Q2 outlook and fuel cost pressures sent shares down 2% in premarket.

WMT
Quantum Stocks Rally on $2B U.S. Grants; IonQ Faces Key Tests
Technology Sarah Chen

Quantum Stocks Rally on $2B U.S. Grants; IonQ Faces Key Tests

Quantum stocks rallied on $2B in U.S. grants, but IonQ was excluded. Its shares rose 8% premarket despite concerns over valuation and profitability.

IONQ IBM QBTS RGTI
Rigetti Computing Surges on $2B Federal Quantum Grant Program
Technology Sarah Chen

Rigetti Computing Surges on $2B Federal Quantum Grant Program

Rigetti Computing shares surged 13.2% premarket Thursday following reports of a $2 billion federal quantum computing grant program, with $100 million earmarked for the company. Q1 revenue hit $4.4 million but operating losses expanded.

RGTI IBM IONQ
VIDA Global Surges After IPO as AI Agent Platform Gains Traction
IPO Michael Okonkwo

VIDA Global Surges After IPO as AI Agent Platform Gains Traction

VIDA Global shares soared 81.2% to $4.15 on Wednesday, extending gains in pre-market trading, after the AI agent software company's IPO and insider buying.

Enphase Energy Soars 14% as Goldman Sachs Upgrade Sparks Renewed Interest
Markets Daniel Marsh

Enphase Energy Soars 14% as Goldman Sachs Upgrade Sparks Renewed Interest

Enphase Energy shares jumped 13.7% to $53.15 after Goldman Sachs raised its price target to $57, reigniting Wall Street interest in the solar stock despite weak quarterly results.

ENPH
Plug Power's UK Green Hydrogen Project Reaches FID, Stock Flat
Markets Daniel Marsh

Plug Power's UK Green Hydrogen Project Reaches FID, Stock Flat

Plug Power's Barrow Green Hydrogen project hits FID, supplying six 5 MW electrolyzers to cut Kimberly-Clark's gas use 50%. Stock flat at $3.31 as cash risks remain.

PLUG FCEL BE
Futures Inch Up After Nvidia's Record Revenue, AI Sector in Focus
Markets Daniel Marsh

Futures Inch Up After Nvidia's Record Revenue, AI Sector in Focus

US stock futures rose slightly Thursday as Nvidia's record earnings and $80B buyback failed to lift shares in premarket. AI spending remains under scrutiny.

NVDA AMD GOOGL AMZN WMT
Nu Holdings Stock Recovers After UBS Price Target Cut
Markets Daniel Marsh

Nu Holdings Stock Recovers After UBS Price Target Cut

Nu Holdings shares rose 4.1% in early trading after UBS lowered its price target to $16.90 but maintained a Buy rating, as investors assess record Q1 results against increased credit loss reserves.

NU
Nokia Shares Dip Despite AI Networking Lab Launch in California
Technology Sarah Chen

Nokia Shares Dip Despite AI Networking Lab Launch in California

Nokia shares slipped 0.7% to 11.650 euros in Helsinki on Thursday, underperforming the broader market, after the company launched an AI Networking Innovation Lab in Sunnyvale, California.

AMD CSCO ANET
American Airlines Surges as Oil Drop Eases Fuel Cost Worries
Markets Daniel Marsh

American Airlines Surges as Oil Drop Eases Fuel Cost Worries

American Airlines shares jumped 7.4% as oil prices slid, easing jet-fuel cost fears. Brent crude fell 3% to $108.31, boosting airline stocks across the sector.

AAL DAL UAL LUV ALK USO
Rocket Lab Stock Drops on $3B Share Sale Plan Amid SpaceX IPO Buzz
IPO Michael Okonkwo

Rocket Lab Stock Drops on $3B Share Sale Plan Amid SpaceX IPO Buzz

Rocket Lab shares slid 5.6% in premarket after filing to sell up to $3 billion in common stock, coinciding with SpaceX's IPO filing that reshapes sector valuations.

RKLB
Snowflake Shares Dip as BofA Raises Target Ahead of Q1 Earnings
Earnings James Calloway

Snowflake Shares Dip as BofA Raises Target Ahead of Q1 Earnings

Snowflake shares fell 1.5% to $166.97 after BofA raised its target to $205, while RBC cut its target, citing AI competition. Q1 results due May 27.

SNOW