Latest News
Moderna Jumps 10% on Hantavirus Vaccine Push as Cruise Ship Outbreak Revives mRNA Hopes
Moderna shares rose 10% on Friday after the company revealed early-stage work on a hantavirus vaccine, spurred by a deadly Andes virus outbreak on the MV Hondius cruise ship.
Wynn Resorts Shares Slide on UAE Delay and $900M Macau Expansion
Wynn Resorts stock dropped 6.7% Friday despite beating Q1 profit estimates, as a delayed UAE opening and a $900M+ Macau expansion raised capital concerns.
MaxLinear Stock Surges Past $100 on AI Data Center Demand Ahead of Key Vote
MaxLinear shares surged over 21% to $101.20, driven by AI demand. A shareholder vote on expanding the equity plan is set for May 20.
Arbor Realty Trust Plunges After Dividend Cut and Weak Q1 Results
Arbor Realty Trust cut its dividend to $0.17 and reported Q1 net income of just $629,000, sending shares down 11% as investors focus on troubled loans.
Novavax Shares Surge on Pfizer Deal, Vaccine Strategy Shift
Novavax shares surged 13% Friday after Q1 revenue of $139.5 million beat estimates, fueled by a $30 million Pfizer licensing deal for Matrix-M adjuvant.
POET Technologies Stock Rebounds Amid Securities Lawsuit and Marvell Fallout
POET Technologies shares rebounded 14.5% to $10.97 on Friday, even as a securities lawsuit over tax disclosures and cancelled Celestial AI orders moves forward with a June 29 lead plaintiff deadline.
nLIGHT Soars on Record Defense Revenue, 55% Sales Jump
nLIGHT shares surged 10.3% after Q1 revenue jumped 55% to $80.2M, driven by record aerospace and defense sales, with the company swinging to a profit and launching its HADES laser system.
Traws Pharma Soars on Hantavirus Push After Cruise Fatalities
Traws Pharma shares surged over 21% after the biotech said it would advance hantavirus drug candidates following a fatal cruise ship outbreak. The company has no approved treatments and recently raised $10 million.
Sandisk Rebounds as AI Memory Supply Tightness Drives Demand
Sandisk shares surged 11.7% to $1,497 on Friday, rebounding from a drop, as AI memory supply tightness and $42 billion in future contracts boost investor confidence.
Opendoor Shares Slide as Q1 Loss Widens Despite Revenue Beat
Opendoor Technologies shares dropped 4.5% following a first-quarter net loss of $173 million, wider than last year, though revenue of $720 million beat analyst estimates. The company doubled acquisition contracts but sold fewer homes.
Eos Energy Shares Surge 22% Ahead of Earnings on AI Data Center Deal
Eos Energy shares surged 22% to $7.75 ahead of its May 13 earnings report, fueled by a joint development deal with TURBINE-X Energy for AI data center storage. Investors eye manufacturing rebound and legal hurdles.