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Bitcoin Drops Below $80K as Inflation Fears and Treasury Yields Pressure Crypto
Bitcoin fell below $80,000 on Friday, pressured by elevated inflation, a spike in Treasury yields, and significant ETF outflows totaling over $860 million.
POET Technologies Stock Drops on $400M Dilutive Financing Deal
POET Technologies shares dropped 10% after announcing a $400M direct offering of shares and warrants, sparking dilution concerns despite a $50M order from Lumilens.
Ondas Soars on $390M Revenue Target After Drone Sales Surge
Ondas raised its 2026 revenue target to at least $390 million after Q1 revenue surged to $50.1 million, sending shares up 27%.
Private Equity Giants Circle Magnum Ice Cream After Stock Decline
Blackstone and CD&R are considering bids for Magnum Ice Cream, owner of Ben & Jerry's and Cornetto, after its stock slipped. Shares surged 16% on the news.
Cerebras Shares Dip as Investors Reassess Valuation After Stellar IPO
Cerebras Systems shares slipped about 4% to $298 in early Friday trading, retreating from Thursday's close after a 68% Nasdaq debut, as investors weighed valuation and customer concentration.
Baiya International Surges 57% Premarket on Capital Raise, Crypto Plans
Baiya International shares jumped 56.6% premarket after a $4.21M share sale and crypto plan, despite a widened net loss of $9.5M.
Intel Shares Slide as Server Chip Market Share Erodes to AMD and Arm
Intel shares tumbled 6.5% Friday after UBS data revealed its server CPU market share fell to 54.9% in Q1, while AMD and Arm advanced. The drop extends a three-day slide amid profit-taking in chip stocks and persistent rate worries.
Nvidia Stock Slips as China H200 Chip Hopes Fade Before Earnings
Nvidia shares fell 2.8% to $229.12, snapping a seven-day rally, after U.S. Trade Representative Jamieson Greer indicated chip export controls were not discussed in Beijing, dampening hopes for H200 chip sales to China.
Treasury Yields and Oil Spike Slam Wall Street; Tech Stocks Lead Decline
US stock futures fell sharply Friday as the 10-year Treasury yield climbed to 4.56% and Brent crude surged near $109 a barrel, reigniting inflation concerns and Fed rate hike fears.
ServiceNow Partners with Experian to Bolster AI Workflow Capabilities
ServiceNow and Experian have formed a global multi-year partnership to integrate Experian's Ascend data tools into ServiceNow's AI workflows, with initial applications in employee onboarding and risk management.
Pershing Square Builds Microsoft Stake; Ackman Sees AI Value
Bill Ackman's Pershing Square has taken a new position in Microsoft, attracted by what he calls a 'highly compelling' valuation amid AI-driven spending concerns.
Bill Ackman's Microsoft Stake Revives Wall Street Scrutiny of AI Spending Plans
Pershing Square, led by Bill Ackman, disclosed a new Microsoft stake as shares fell 15% this year amid AI spending concerns. The $190 billion capex plan for 2026 faces fresh scrutiny.