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Tesla Shares Climb Despite China Sales Dip on Musk's China Trip Hopes
Tesla shares rose 2.8% despite a 9.66% drop in April China retail sales, as exports surged and Musk's potential China trip with Trump boosted sentiment.
IREN Shares Slide on $2B Convertible Note Sale Amid AI Pivot
IREN Limited shares dropped after the company launched a $2 billion convertible note sale to finance its AI infrastructure buildout, including a major Nvidia cloud deal.
Nokia Stock Climbs on AI Cloud Growth, Investor Optimism Returns
Nokia shares surged 4.1% on Monday, driven by a 49% jump in AI and cloud sales and 1 billion euros in orders, though analysts caution on valuation.
Coterra Energy Delisted After Devon Merger, Combined Entity Targets $1B in Synergies
Coterra Energy shares have stopped trading on the NYSE after Devon Energy completed its all-stock acquisition. Former Coterra holders received 0.70 Devon shares per Coterra share, and the merged firm now trades under DVN.
Nebius Shares Surge Ahead of Q1 Earnings as $18 Billion Capex Plan Faces Test
Nebius Group shares surged to $190.98, approaching record highs, as investors await Q1 earnings. The AI cloud firm's $18 billion capex target and major deals with Meta and Microsoft are key.
Pfizer's Recovery Play: Can New Drugs Offset Patent Cliff?
Pfizer stock gains on Q1 beat and steady outlook, but investors weigh patent cliff risks against new oncology and GLP-1 drug prospects.
BigBear.ai Director Sells Shares as Defense AI Backlog Grows
BigBear.ai director Dorothy Hayes sold 15,000 shares for $61,575 on May 8, following a report of a $281.9 million backlog and reaffirmed 2026 revenue guidance.
Navitas Soars 18% on India's First GaN Power IC Launch for AI Data Centers
Navitas Semiconductor shares surged 18% Monday after Cyient Semiconductors unveiled India's first GaN power IC lineup, built with Navitas tech for AI data centers, telecom, and EV charging.
