Fluence Energy Surges 27% on AI Data Center Deals, Record Backlog
Markets Daniel Marsh

Fluence Energy Surges 27% on AI Data Center Deals, Record Backlog

Fluence Energy stock soared 27.4% Friday after announcing master supply agreements with two major data-center clients and a record $5.6 billion backlog, despite a quarterly revenue miss.

FLNC
Palantir's AI Revenue Soars 85%, Yet Stock Stalls on Valuation Concerns
Earnings James Calloway

Palantir's AI Revenue Soars 85%, Yet Stock Stalls on Valuation Concerns

Palantir posted 85% Q1 revenue growth to $1.63B, lifted by U.S. defense deals, but the stock remains below pre-earnings levels as investors weigh high valuation.

PLTR
Archer Aviation Faces Pivotal Earnings After UAE Certification Milestone
Earnings James Calloway

Archer Aviation Faces Pivotal Earnings After UAE Certification Milestone

Archer Aviation's Midnight enters UAE Restricted Type Certificate program, a key step toward limited service in Abu Dhabi. Q1 results due Monday after market close.

ACHR JOBY
Plug Power Faces Pivotal Q1 Earnings After Margin Milestone
Earnings James Calloway

Plug Power Faces Pivotal Q1 Earnings After Margin Milestone

Plug Power reports Q1 earnings May 11 after its first positive gross margin in Q4. Investors focus on revenue growth, cash burn, and cost-cutting progress.

PLUG BLDP BE
ARK Buys CoreWeave Dip; Wells Fargo Lifts Target on $99B Backlog
Markets Daniel Marsh

ARK Buys CoreWeave Dip; Wells Fargo Lifts Target on $99B Backlog

ARK funds purchased 113,076 CoreWeave shares for $12.9M after the stock fell 11% on weak guidance. Wells Fargo raised its price target to $155, focusing on the company's $99.4B backlog.

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SoundHound AI Shares Slide Despite Record Revenue as Cash Burn Worries Mount
Earnings James Calloway

SoundHound AI Shares Slide Despite Record Revenue as Cash Burn Worries Mount

SoundHound AI dropped 7.8% on record Q1 revenue of $44.2M as a wider EBITDA loss and lower margins stoked cash burn worries.

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Super Micro Faces Key Test as Export Concerns Cloud AI Rally
Regulation James Calloway

Super Micro Faces Key Test as Export Concerns Cloud AI Rally

Super Micro Computer shares closed up 5.2% at $35.37 ahead of Monday's trading, as the company faces scrutiny over export control allegations involving SiamAI and Nvidia chips.

SMCI NVDA AMD DELL HPE
Delta to End Complimentary Snacks on Short-Haul Flights Starting May 19
Markets Daniel Marsh

Delta to End Complimentary Snacks on Short-Haul Flights Starting May 19

Delta Air Lines (DAL) will eliminate complimentary snacks and drinks in Main Cabin and Delta Comfort on flights under 350 miles starting May 19, impacting roughly 9% of daily flights due to rising fuel costs.

DAL AAL UAL JBLU
Nubank's Credit Expansion Under Scrutiny as Nu Holdings Shares Slide Pre-Earnings
Earnings James Calloway

Nubank's Credit Expansion Under Scrutiny as Nu Holdings Shares Slide Pre-Earnings

Nu Holdings shares dropped 3.23% to $13.80 before Nubank's Q1 earnings. Investors focus on credit quality and costs amid expansion.

NU
Grab Shares Dip Despite Strong Q1 Earnings as Indonesia Regulations and Fuel Costs Loom
Earnings James Calloway

Grab Shares Dip Despite Strong Q1 Earnings as Indonesia Regulations and Fuel Costs Loom

Grab's Q1 revenue beat estimates, but shares fell as Indonesia plans to cap ride-hailing commissions and fuel costs rise. Analysts trimmed targets but kept positive ratings.

GRAB
Opendoor Faces Profitability Hurdle After Q1 Loss Deepens
Earnings James Calloway

Opendoor Faces Profitability Hurdle After Q1 Loss Deepens

Opendoor Technologies reported a wider Q1 net loss of $173M and revenue fell to $720M. The company expects Q2 adjusted EBITDA near break-even, with revenue up 25%.

OPEN
Fubo Revenue Hits Record but Subscriber Dip Clouds Disney Deal
Earnings James Calloway

Fubo Revenue Hits Record but Subscriber Dip Clouds Disney Deal

Fubo reported record Q2 revenue of $1.574B post-Disney merger, but North American subscribers fell to 5.7M. Net loss narrowed to $6.2M. Shares dropped 4.73%.

FUBO