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Everspin Shares Jump on $40M Defense MRAM Award, Strong Q1 Sales
Everspin Technologies shares jumped 25.5% Friday following a $40 million U.S. defense MRAM deal and stronger Q1 sales. The stock closed at $26.99 and traded at $36.05 after hours.
Moderna Stock Jumps 12% on Hantavirus Vaccine Deal; Flu and Cancer Pipeline in Focus
Moderna shares rose 11.9% to $54.35 after the company disclosed early-stage hantavirus vaccine research with the U.S. Army and Korea University, following a deadly outbreak on the MV Hondius cruise ship.
Delta Debuts High-Capacity A321neo with 44 First Class Seats as Interim Solution
Delta Air Lines will deploy seven Airbus A321neos with 44 domestic first-class seats starting May 20 on Atlanta-Los Angeles flights, a temporary fix for flatbed suite delays.
Grassroots Effort to Rescue Spirit Airlines Faces Liquidation Reality
A social media campaign to buy Spirit Airlines has raised $132 million in non-binding pledges, but bankruptcy liquidation is already underway, with assets being sold off.
Hims & Hers Health Faces GLP-1 Pivot Ahead of Q1 Earnings
Hims & Hers Health shares surged 10.2% ahead of Q1 earnings, as investors watch the company's pivot from compounded to branded GLP-1 drugs amid FDA regulatory changes.
Trump Media Reports $406M Q1 Loss, Crypto Holdings Weigh Heavily
Trump Media & Technology Group reported a $405.9 million Q1 net loss on $871,200 in sales, driven by $244 million in unrealized crypto losses and $108.2 million in investment losses.
Seagate Stock Surges on AI Storage Demand, but Valuation Raises Concerns
Seagate stock soared to record highs near $782.64 on AI-driven storage demand, but a high P/E ratio of 74 raises valuation concerns.
LUNR Surges 20% as Space Stocks Rally Ahead of Earnings Report
Intuitive Machines stock surged 20% to $28.97 on heavy call option volume ahead of its May 14 earnings report, joining a broader space sector rally led by Rocket Lab's 34% jump.
Amphenol Stock Drops 6% as AI Demand and Debt Refinancing Test Investor Confidence
Amphenol shares slid 6.3% despite record Q1 sales of $7.6 billion, as investors focus on a €1.1 billion bond sale and AI data-center demand.
KC-135 Tanker Emergency Over Qatar Renews Scrutiny of Aging Fleet
A US KC-135 Stratotanker declared an emergency over Qatar, highlighting the strain on the aging tanker fleet amid heightened tensions with Iran.
Micron Surges 15% on AI Memory Demand, Market Cap Nears $853 Billion
Micron Technology shares surged over 15% to $746.81, pushing market cap near $853 billion, driven by soaring AI data center demand for memory chips. Fiscal Q2 revenue nearly tripled to $23.86 billion.