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Hims & Hers Surges on JPMorgan Upgrade and GLP-1 Expansion
Hims & Hers stock jumped 9% after JPMorgan gave an overweight rating and $35 target. The company now offers Eli Lilly's Zepbound and Foundayo through LillyDirect.
Constellation Energy Surges Despite Regulatory Challenge to Three Mile Island Restart
Constellation Energy shares jumped 7.2% despite a regulatory filing urging FERC to deny a waiver for the Crane nuclear restart, which is crucial for a 2027 Microsoft data center deal.
Western Union Q1 Profit Plunges 48%, Digital Growth Fails to Offset Retail Drag
Western Union's Q1 profit sank 48% to $64.7M, missing estimates, as retail remittance weakness offset digital gains. Revenue was flat at $982.7M.
Atomera Surges on Synopsys GaN Chip Modeling Deal
Atomera shares surged 49% to $9.20 after expanding its Synopsys partnership for GaN device modeling, with trading volume exceeding 24 million shares.
CoreWeave CEO Cashes Out $35.8M Amid AI Cloud Rally
CoreWeave CEO Michael Intrator sold $35.8 million in shares this week, while the company announced major customer deals and debt financing.
StoneCo Shares Tumble 16% After Ex-Dividend Date for $2.53 Special Payout
StoneCo (STNE) shares dropped 16.3% to $12.18 on Friday after trading ex-dividend for a $2.53 special cash dividend, totaling R$3.08 billion. The payout follows the sale of Linx and 2025 earnings growth.
Cadence Stock Rebounds on TSMC AI Chip Partnership Ahead of Q1 Earnings
Cadence shares bounced back 5.2% Friday after deepening its AI chip design partnership with TSMC. The company reports Q1 earnings Monday, with analysts eyeing $1.453B revenue.
Taiwan Eases Stock Limits, TSMC Hits Record High
TSMC shares closed at a record NT$2,185 in Taipei after Taiwan eased single-stock limits for local equity funds and active ETFs, allowing up to 25% investment in the chipmaker.
AEye Surges on Analyst Upgrade as Lidar Turnaround Hopes Grow
AEye surged over 30% after Craig-Hallum initiated coverage with a buy rating and $3.50 target, spotlighting a potential turnaround. The lidar maker faces revenue challenges but adds new operations head.
Nasdaq Hits Record as Intel AI Outlook Fuels Chip Rally, Dow Dips
The Nasdaq hit a new intraday high Friday as Intel's strong Q2 outlook sparked a broad chip rally, while the Dow slipped. Consumer sentiment hit a record low, keeping inflation worries front and center.
Snowflake Shares Tumble as AI Initiatives Face Software Sector Headwinds
Snowflake shares dropped 5.5% to $138.42, pressured by a software sector selloff and a class-action deadline. The company is expanding its AI offerings, but investors remain cautious about AI's effect on revenue.
Eos Energy Q1 Earnings Set for May 13 After Revenue Preview, EOSE Stock Surges
Eos Energy Enterprises will report Q1 results on May 13 after previewing $56M-$57M revenue and 17% shipment growth. Shares rose 12% on AI power deal with TURBINE-X.