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Tesla Stock Climbs on Lithuania's Approval of FSD Software
Tesla shares rose approximately 2.5% to $414.10 after Lithuania approved its Full Self-Driving software, following the Netherlands.
BlackBerry Shares Hold Near Peaks on Renewed FedRAMP Certification
BlackBerry shares edged up 0.5% to $6.24 after its AtHoc platform secured a renewed FedRAMP High certification. QNX revenue rose 20% last quarter.
Archer Aviation Shares Steady Amid SEC Filings Highlighting Cash Use
Archer Aviation shares traded flat near $5.94 as SEC filings showed executive stock sales for tax withholding and plans to issue shares to vendors, highlighting cash burn with a Q1 net loss of $217.7 million.
Grab Shares Dip on Superbank Consolidation, Year-to-Date Losses Widen
Grab shares slipped 1% to $3.465 after announcing Superbank consolidation, extending YTD losses over 30%. Analysts cut price targets despite Q1 revenue growth of 24%.
OpenAI Nears Confidential IPO Filing, Eyes September Debut
OpenAI is preparing to file confidentially for an IPO as soon as this week, targeting a September debut with a potential $1 trillion valuation.
Redwire shares rise on $15M Army drone order, NATO deal
Redwire shares gained after announcing a $15 million U.S. Army drone order and a multi-year NATO contract, though Q1 net loss widened to $76.5 million.
Ondas Surges on $199M Omnisys Acquisition, Signals Defense Software Push
Ondas shares climbed 3.3% to $9.43 after agreeing to buy Omnisys for $199 million in stock, plus up to $60 million in earn-outs, expanding its defense software portfolio.
