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Figma Shares Rise as AI Monetization Lifts 2026 Revenue Forecast
Figma raised its 2026 revenue outlook by $55 million to $1.428 billion, citing AI-driven user growth. Q1 revenue surged 46% to $333.4 million, with net dollar retention at 139%.
Datavault AI Shares Surge Ahead of Q1 Earnings Amid $60M Offering and Crypto Bill Progress
Datavault AI shares rose to $0.5861 on volume over 65 million ahead of Q1 earnings, after a $60M stock offering and GPU edge network plans. A crypto bill vote adds to the buzz.
FCC Approves Verizon's $1B Spectrum Buy from Array Digital Infrastructure
The FCC has approved Verizon's $1 billion purchase of wireless spectrum from Array Digital Infrastructure, enhancing 5G coverage and capacity.
Dow Closes Above 50,000 as AI Rally Lifts S&P 500 and Nasdaq to New Highs
The Dow Jones reclaimed 50,000, while the S&P 500 and Nasdaq hit new records, driven by Cisco's AI infrastructure outlook and strong gains in Nvidia and Cerebras Systems.
REGENXBIO Shares Tumble 37% Despite Duchenne Gene Therapy Trial Success
REGENXBIO (RGNX) stock plummeted 37% to $6.31 despite positive Phase III data for RGX-202, as two serious adverse events and FDA approval doubts overshadowed the results.
Alpha Compute Surges on $32.2M GPU Lease Deal
Alpha Compute shares surged 28% after disclosing a $32.2 million lease for 504 Nvidia B200 GPUs, expected to generate $16.1 million in annual recurring revenue.
Digi Power X Shares Slide Ahead of Earnings as AI Deal Faces Scrutiny
Digi Power X shares dropped 14% to $7.28 ahead of Friday's earnings report, as the market assesses the $1.1B Cerebras AI data-center deal and a new GPU rental contract.
Smart Powerr Stock Surges Nearly 300% Despite Nasdaq Delisting Risk
Smart Powerr Corp. shares surged nearly 300% on Thursday despite facing a Nasdaq delisting warning. The stock's rally highlights investor speculation amid the company's efforts to regain compliance.
Manulife Shares Dip 6% on Q1 Earnings Miss Despite Asia Strength
Manulife Financial Corp (MFC) shares slid nearly 6% after Q1 core earnings missed estimates, even as Asia profits surged 22%. Net income doubled, but Canada and U.S. results weakened.
Blackstone's $1.75B Data Center Trust Debuts Flat, Testing AI Infrastructure Demand
Blackstone Digital Infrastructure Trust (BXDC) debuted flat on NYSE at $20, raising $1.75B for AI data centers. The blind pool trust has no assets yet, betting on Blackstone's dealmaking.