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IT Stocks Drive Nifty Recovery Despite Oil Surge and Foreign Selling
Indian shares rebounded on Tuesday as IT stocks surged, offsetting oil price gains and foreign outflows. Nifty 50 rose 0.18% to 23,425.40. Infosys, TCS led gains.
Broadcom Rises Ahead of Q2 Results as AI Chip Demand Takes Center Stage
Broadcom shares rose 3% to $459.97 ahead of Wednesday's Q2 earnings, with options pricing a 9% swing. Analysts raised targets as AI chip and networking demand remain in focus.
Digital Brands Group Soars 73% on $125M GCC Order Update, Dilution Risk Looms
DBGI stock jumped 73% to $0.84 after revealing initial orders from its GCC deal and a $125M U.S. program. After-hours trading pushed shares to $1.17.
Lithium Americas Surges on Thacker Pass Progress, Defying Sector Weakness
Lithium Americas shares jumped 5.8% to $5.51 as investors focused on accelerating construction at its Thacker Pass project, bucking declines in Albemarle and SQM.
Keel Infrastructure Surges on AI Data Center Lease Prospects
Keel Infrastructure shares soared 7.39% to $6.10 as the company pivots from bitcoin mining to AI data centers, despite a 23% Q1 revenue drop. Liquidity of $533M supports lease targets at three campuses.
Ondas Shares Rise on $110M Order Update; Supply Concerns Linger
Ondas Inc. shares rose 1.82% after reporting over $30 million in May orders, pushing Q2 orders above $110 million. The company raised its 2026 revenue target to at least $390 million.
Nebius Shares Soar After Nvidia Nod, AI Cloud Sector Rallies
Nebius shares jumped 14.5% after Nvidia CEO Jensen Huang highlighted the company's rapid growth. The rally lifted AI cloud stocks broadly.
Abivax shares drop despite positive Phase 3 results for ulcerative colitis drug
Abivax shares plunged 33.7% after hours despite obefazimod achieving clinical remission in over 50% of patients in a Phase 3 trial. The company plans to submit an FDA application in late Q4 2026.
Ford Shares Drop 4.6% as Energy Storage Takes Center Stage
Ford shares plunged 4.6% to $16.63, halting an eight-day rally, as trading volume surged. Investors pivot to Ford Energy after a major battery-storage deal with EDF.