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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.
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.
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.
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.
T1 Energy Surges 26% as Roth Defense Overcomes Short-Seller Attack
T1 Energy shares surged 26.45% to $8.70 as a Roth Capital analyst defended the company against a short-seller report alleging hidden Chinese ties and tax-credit risks, with a large institutional stake adding bullish momentum.
Intuit Stock Plunges After TurboTax Revenue Cut and Major Layoffs
Intuit shares tumbled 13.4% in late trading after the company cut its TurboTax revenue forecast and announced 3,000 layoffs, overshadowing a profit beat.
HMRC Data Glitch May Reduce UK Workers' Paychecks
HMRC's use of faulty savings-interest data has led to incorrect tax code changes, potentially reducing take-home pay for UK savers. Zopa reports hundreds of customers affected.
EasyJet Shares Dip on Fuel Cost Concerns Amid Summer Outlook
EasyJet shares slipped 0.6% in London after the airline posted a £552 million first-half loss and flagged an uncertain full-year outlook due to rising fuel costs and weaker summer bookings.
SpaceX IPO Could Deliver $91.6B Windfall for Early Backer Gracias, Raising Governance Concerns
Antonio Gracias holds 7.3% of SpaceX Class A stock, potentially worth $91.6B. Filing reveals $20B+ in AI lease obligations tied to Valor-linked entities, adding governance issues.