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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.
Robinhood Shares Rally as April Data Signals Retail Resurgence
Robinhood shares jumped 5.3% after April data showed platform assets rose 12% to $345.4B and net deposits hit $6B, signaling renewed retail engagement.
Leslie's Shares Surge 160% on Sales Rebound, Turnaround Still Underway
Leslie's shares skyrocketed 160% after Q2 sales grew 4.3% and customer traffic improved, though the company reported a wider net loss of $52.5 million.
Senate Panel Advances Crypto Bill; Coinbase Shares Surge
Coinbase shares rose 7.7% after the Clarity Act advanced in the Senate, but the bill faces a tough floor vote.
Senate Panel Advances Crypto Bill, XRP Eyes Key Resistance Level
The U.S. Senate Banking Committee approved the Digital Asset Market Clarity Act in a 15-9 vote, pushing XRP toward the $1.50 resistance level amid rising institutional inflows.
PureCycle Soars 25% on New Jersey Recycled Content Approval
PureCycle shares jumped 24.7% to $12.72 after New Jersey regulators approved its PureFive resin as postconsumer recycled content under state packaging law.
GTA 6 Preorder Hype Lifts Take-Two Ahead of Earnings
Take-Two shares rose 6.5% on speculation that GTA 6 preorders may begin next week. The real test comes with earnings on May 21.
Mobix Labs Surges 86% on Plan to Acquire Rare Earth Firm Amid US-China Tensions
Mobix Labs shares jumped 86% after announcing a non-binding letter of intent to acquire Special Project Delivery LLC, a US rare earths firm, as defense sourcing rules tighten.
Lumen Technologies Rises 14% on Debt Refinancing and AI-Focused Fiber Expansion
Lumen shares jumped 14% on debt refinancing and a new AI-focused fiber route, as the company shifts from consumer telecom to enterprise infrastructure.
TSMC Revises Global Chip Market Forecast to $1.5 Trillion, Highlighting AI-Driven Capacity Squeeze
TSMC increased its 2030 global semiconductor market forecast to $1.5 trillion, driven by AI demand. AI and high-performance computing are expected to represent 55% of the market.