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Archer Aviation Stock Sinks as Certification Hopes Yield to Cash Burn Fears
Archer Aviation trades at $6.84 as focus shifts to 2026 air-taxi tests. Q1 losses widen, cash burn persists, but FAA certification advances to Phase 4.
NIO Surges on May Deliveries; June Sales Key to Q2 Target
NIO shares climbed in pre-market trading after May deliveries surged 62.3% to 37,705 vehicles. The company needs 42,939-47,939 June deliveries to meet its Q2 target.
ServiceNow Retreats in Premarket After AI-Driven Rally
ServiceNow shares fell 2.17% in premarket trading Tuesday after a 9.24% surge Monday fueled by Nvidia's AI chip launch. The company reported strong Q1 results but faces margin headwinds from acquisitions and delayed Middle East contracts.
Palantir Navigates AI-Driven Rally Amidst Analyst Divergence
Palantir shares slipped in premarket Tuesday after a rally. Q1 revenue jumped 85% to $1.633B, with raised 2026 outlook. Analysts remain divided on valuation.
UiPath Stock Jumps on AI-Driven Growth, Analysts Remain Wary
UiPath shares jumped 11.77% on Monday after Q1 revenue rose 17% to $418 million and guidance improved, but analysts stayed cautious on growth and competition.
Rigetti Stock Edges Up on Quantum Error Correction Milestone; Insider Sales Draw Attention
Rigetti shares edged higher after a quantum error correction paper was published. Meanwhile, insider stock sales and a non-binding funding deal are also in focus.
Plug Power Shares Dip Premarket Amid Cash Concerns as Turnaround Takes Shape
Plug Power shares edged lower premarket as investors weigh Q1 revenue growth and narrowed losses against persistent cash burn concerns. CFO Paul Middleton is set to speak at RBC Capital Markets event.
Fluence Energy Surges 44% on Nvidia Data Center Power Deal
Fluence Energy surged 44% to $27.15 after Siemens named it in a new AI data center power architecture with Nvidia and nVent, linking the battery storage firm to the AI power trade.
Meta Stock Drops 5% as Wall Street Questions $145B AI Capex Plan
Meta shares slid 5.1% to $600.47 as investors questioned its massive AI spending plan. Alphabet's $80 billion AI move intensified focus on Big Tech capex.
Alibaba Surges 6.5% as AI Adoption Fuels Hong Kong Tech Rally
Alibaba shares surged 6.5% in Hong Kong to HK$130.80, leading a tech rally as investors pivot to AI adoption. Cloud revenue jumped 38%, but adjusted EBITA tumbled 84% due to AI and cloud spending.
HPE Soars on Record AI Demand, Full-Year Forecast Upgrade
HPE stock jumped 28.7% premarket after smashing Q2 estimates with $10.7B revenue and 79¢ EPS, fueled by record AI server and networking demand, prompting a raised fiscal 2026 forecast.