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e.l.f. Beauty Shares Tumble to 52-Week Low Ahead of Q4 Earnings Report
e.l.f. Beauty shares dropped 9.3% to a 52-week low of $55.19 on Monday, pressured by a Morgan Stanley downgrade and broader weakness in the beauty sector ahead of its fiscal Q4 earnings release.
Babcock & Wilcox Shares Surge on AI Data Center Power Demand
Babcock & Wilcox reported a 44% revenue jump to $214.4M, driven by AI data center demand and a $2.4B contract for four natural gas plants.
Shopify Shares Dip on AI Governance Concerns Ahead of Key Vote
Shopify shares declined 7.13% amid investor focus on AI governance and cost management. A shareholder proposal on responsible AI use will be voted on June 16.
GSI Technology Soars 39% as Options Activity Surges, Spotlighting AI Memory Strategy
GSI Technology shares surged 39% on Monday, driven by heavy call option trading, as the company's AI memory push gains attention amid a mixed fiscal 2026 report and a new Army contract.
Philip Morris Rallies on FDA Nicotine Pouch Policy Shift, ZYN Ultra Hopes Revived
Philip Morris shares jumped 6.5% on Monday after the FDA eased enforcement threats against nicotine pouches, raising hopes for ZYN Ultra's U.S. launch despite ongoing regulatory uncertainty.
Booking Holdings Shares Slide on Middle East Conflict Impact and Growth Outlook Cut
Booking Holdings shares dropped 4.9% after cutting its full-year revenue growth target to high single digits, citing Middle East conflict impacts. Rivals Expedia and Airbnb also fell.
Barrick Gold Soars on Earnings Beat, $3B Buyback: What It Means
Barrick Gold's shares jumped 9% after Q1 earnings beat estimates, driven by record gold prices. The company also unveiled a $3B buyback, signaling confidence.
Corning Shares Surge on BofA Upgrade and Nvidia AI Fiber Deal
Corning shares rose 10.84% after BofA picked it as a top stock, following a $500M+ Nvidia deal to expand AI fiber manufacturing. The company targets $20B in sales by 2026.
Intuitive Surgical Hits 52-Week Low on FDA Class I Recall, Tariff Worries
Intuitive Surgical shares dropped 6.6% to a 52-week low after the FDA classified a recall of its SureForm stapler reloads as Class I, citing four injuries and one death. Strong Q1 earnings were overshadowed by tariff and safety concerns.
Super Micro Shares Dip as Legal Deadline Looms Amid AI Server Demand
Super Micro shares slid 2.2% on Monday as a May 26 lead plaintiff deadline in a securities class action nears, overshadowing a strong sales forecast and robust AI server demand.