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Figure Technology Surges as Q1 Loan Volume Rekindles Growth Debate
Figure Technology shares surged 3.7% premarket after Q1 consumer loan marketplace volume jumped 113% to $2.9B and net revenue rose 98% to $167M. Q2 guidance of $3.8-$4.1B beat expectations, and Jefferies raised its price target to $43.
Indian Markets Plunge as Crude Surge and Rupee Record Wipe Out $115 Billion
Indian shares suffered their worst session in six weeks, losing $115 billion in market value, as surging crude prices and a record-low rupee deepened macroeconomic concerns.
D-Wave's Record Bookings Show Promise, Revenue Lag Remains Concern
D-Wave's Q1 bookings hit $33.4M, up 1,994%, driven by a $20M system sale. Revenue fell 81% to $2.9M, and net loss widened to $18.4M. Shares rose 6.47%.
Nasdaq Futures Dip as Oil Surge and CPI Data Test Wall Street Records
Nasdaq 100 futures fell 0.68% early Tuesday as traders braced for April CPI data and oil prices surged, threatening Wall Street's recent record highs. Goldman Sachs pushed its rate cut forecast to December.
FuelCell Energy Hits 52-Week High on AI Data Center Power Demand
FuelCell Energy shares hit a 52-week high of $15.94, surging 16% as investors bet on fuel cells for AI data centers. Revenue rose 61% to $30.5M, but net loss widened to $26.1M.
GSI Technology Surges 39% on Strong Revenue, Cash Position, and Edge AI Focus
GSI Technology shares surged 39% on Monday following a 22% revenue increase and a strong cash position, highlighting its edge AI push.
Navitas Semiconductor Files $125M Stock Sale After India GaN Launch
Navitas Semiconductor files for a $125M stock sale after its shares jumped 24% on the news of a GaN product launch in India with Cyient.
Sega Abandons Live-Service ‘Super Game’ Ambition
Sega Sammy has canceled its 'Super Game' project and reassigned over 100 developers to core franchise teams after disappointing free-to-play results and losses at Rovio.
Hormuz Tensions Drive RBOB Gasoline Futures Higher
RBOB gasoline futures climb 2% to $3.67 a gallon as Hormuz risks and falling inventories outweigh federal tax suspension hopes.
Google Finance AI Goes Live Across Europe with Local Language Tools
Google rolls out its AI-enhanced Google Finance platform across Europe, providing local-language market tools and research capabilities as the financial data sector shifts toward conversational AI.
Brent Crude Holds Near $107 as Strait of Hormuz Risks Persist
Brent crude holds near $107 amid OPEC output at 20-year low and Strait of Hormuz disruptions. Traders weigh supply risks against demand concerns.