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Dell Surges on AI Server Demand, Texas Move Vote Looms
Dell shares surged 10% as AI server demand drives rally. Company seeks shareholder approval to move legal home to Texas at June 25 annual meeting.
D-Wave Stock Surges on London Conference Plans Ahead of Earnings
D-Wave Quantum (QBTS) shares jumped over 9% after setting June 18 for Qubits Europe 2026 in London, ahead of its May 12 earnings release. Analysts forecast a loss of 8 cents per share on $4.19M revenue.
CDW Shares Tumble 19% as Hardware Shift Squeezes Margins Despite Sales Beat
CDW shares plunged 19% after Q1 gross margin fell to 21% from 21.6%, even as revenue topped expectations at $5.68 billion. The shift toward lower-margin hardware sales weighed on earnings.
Joby Aviation Soars 18% on Q1 Revenue Beat, 2026 Air Taxi Plans
Joby Aviation shares jumped 18% after Q1 revenue exceeded expectations and the company reiterated its target for initial passenger flights in 2026, with $2.5 billion in cash to fund certification and factory projects.
Novavax Surges on Pfizer Deal, Beats Q1 Revenue Forecasts
Novavax topped Q1 revenue estimates at $139.5M, driven by a $30M Pfizer payment, offsetting weak COVID vaccine sales. Shares rose 15.6%.
One Stop Systems Surges on Q1 Revenue Beat; Memory Supply Risks Emerge
One Stop Systems reported a 55% revenue jump to $8.1 million, beating estimates, but flagged memory supply risks and customer concentration.
Primoris Services Plunges 49% After Q1 Earnings Miss and Renewable Project Woes
Primoris Services shares plummeted 49% after missing Q1 earnings and cutting its 2026 outlook, driven by cost overruns in renewable-energy projects.
UnitedHealth Eases Prior Authorization Rules; UNH Shares Gain
UnitedHealth Group shares climbed 1% after the company announced it will eliminate prior authorization for 30% of services by 2026, including outpatient surgeries and diagnostic tests.
SoFi Shares Steady at $16 Despite Record Q1, Guidance Hold Raises Concerns
SoFi shares hover near $16 after record Q1 revenue of $1.1B, but unchanged 2026 guidance and credit worries keep investors cautious.
Alibaba Shares Surge on AI Optimism Ahead of May 13 Earnings Report
Alibaba's U.S.-listed shares rose 6.6% to $141.04 on renewed AI interest. The rally precedes the company's March-quarter and fiscal-year earnings report due May 13.
