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Cenovus Energy Gains Pre-Earnings as MEG Integration Takes Spotlight
Cenovus Energy shares rose 2.9% to C$40.96 ahead of Q1 results, as CIBC reaffirmed an outperform rating and a C$46 target, highlighting the first full quarter with MEG Energy assets.
Celcuity Surges 16% on Promising Breast Cancer Drug Data
Celcuity shares jumped 16% after its lead drug candidate, gedatolisib, met the primary endpoint in a Phase 3 breast cancer trial for PIK3CA-mutant tumors, setting the stage for a supplemental FDA filing.
DoorDash Enables SNAP Payments for Kroger Delivery Across 2,700 Stores
DoorDash has begun accepting SNAP/EBT payments for grocery delivery from nearly 2,700 Kroger-family stores, expanding low-income food access and intensifying competition with Uber Eats and Instacart.
MNDR Surges After $119M Hector Capital Pact for BIMA, M&M Helix Buys
Mobile-health Network Solutions shares surged about 60% following a non-binding $119 million framework with Hector Capital to fund acquisitions of BIMA and M&M Helix.
SEALSQ Shares Surge on Heavy Options Activity Ahead of Shareholder Vote
SEALSQ Corp shares climbed 5% to $3.015 on heavy call option volume ahead of its May 7 shareholder meeting. Preliminary Q1 revenue tripled to $4.1 million.
Skycorp Solar Surges on $20.2M Deal, Dilution Risks Loom
Skycorp Solar shares surged 88.8% after announcing a $20.2M stock-funded acquisition of Nanjing Cesun Power and a $3M private placement, raising dilution concerns.
Sivers Semiconductors Surges 47% on Nasdaq Dual-Listing Progress and AI Photonics Bet
Sivers Semiconductors shares surged 47% to SEK 55.95, extending 2024 gains past 1,200%, as the company progresses toward a Nasdaq New York dual listing and a SEK 125 million share issue.
Destiny Tech100 Soars on AI and SpaceX Hype
Destiny Tech100 shares jumped 13.4% Monday, driven by demand for its private tech holdings like SpaceX and AI firms. The fund trades at nearly double its NAV.
Blaize Shares Surge on $15M Defense AI Deal with Winmate
Blaize Holdings shares soared 33.5% to $2.71 after unveiling a strategic partnership with Taiwan's Winmate to deploy AI chips in rugged field systems for defense and security applications.
Figma Shares Rally 7% Ahead of Q1 Report Amid AI Design Competition
Figma shares jumped 7% to $20.08 ahead of its May 14 earnings report. Analysts remain cautious with a consensus 'Hold' rating, as AI rivals Anthropic and Google challenge the design software leader.
Elong Power Surges 72% After Lock-Up Expiry, Supply Overhang Looms
Elong Power shares surged 72% after a lock-up on 4.2 million shares expired. The company faces supply concerns and a going-concern warning.
