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Google's $5B AI Cloud Deal with Blackstone Fails to Impress Wall Street
Alphabet shares dropped 2.3% as Google's $5B AI cloud venture with Blackstone and new Gemini models failed to meet Wall Street's high expectations.
Nvidia Q1 Earnings Preview: AI Chip Giant Faces Key Test on Data Center Demand
Nvidia reports fiscal Q1 earnings on May 20, with analysts expecting revenue near $79 billion, up 80% YoY. Options traders price a 6.5% one-day move, as the market watches for AI data center spending cues.
NextNRG Shares Skyrocket 100% on Record Revenue, but Cash Concerns Loom
NextNRG shares more than doubled to $0.83 after reporting record April revenue of $9.4M. However, a Q1 net loss of $10.8M and minimal cash reserves signal caution.
Warby Parker Stock Dips After AI Glasses Reveal Leaves Key Details Unclear
Warby Parker shares slipped after revealing AI glasses with Google and Samsung, but missing pricing and launch date. Q1 revenue rose 8.3% to $242.4M, while gross margin fell to 54%.
Intel Rebounds on CPU Demand Hopes Ahead of Nvidia's Earnings
Intel shares climbed 3.3% to $111.69, breaking a five-session losing streak, after analysts raised price targets on stronger CPU demand. The move precedes Nvidia's earnings.
Pinterest Shares Slide 6%, Wiping Out Post-Earnings Rally
Pinterest shares fell about 6% Tuesday, erasing post-earnings gains, despite Q1 revenue growth and a Q2 forecast above analyst expectations.
Blue Bird Shares Slide 9.6% on Pension Settlement Charge
Blue Bird Corp. shares dropped 9.6% to $65.75 following an SEC filing that revealed a material non-cash pension settlement charge for the fiscal third quarter.
Autonomous Trucking Sector Shifts to Paid Operations, Investors Eye Scalability
Aurora Innovation and Kodiak report paid driverless freight runs in Texas, while Waabi raises $750M. Investors focus on scalability and cost per mile.
Thunderstorms Ground Over 350 Flights at American Airlines' DFW Hub
Severe storms at Dallas-Fort Worth International Airport led to an FAA ground stop, resulting in 359 flight cancellations and 452 delays, impacting American Airlines' primary hub and nationwide travel.