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Applied Digital Shares Surge on $7.5B AI Data Center Lease Deal
Applied Digital shares rose 12% after a $7.5B, 15-year lease with a U.S. hyperscaler for 300 MW at its Delta Forge 1 data center in Louisiana, lifting total contracted lease revenue above $23 billion.
Expedia Shares Tumble on CFO Transition Ahead of Earnings
Expedia Group names former Snap CFO Derek Andersen as its next finance chief, effective May 11. Shares fall 5.4% as investors digest the leadership change ahead of earnings.
SolarEdge Surges 11% on New Battery Launch, But Wall Street Remains Wary
SolarEdge shares surged 11% to $47.36 on Thursday after launching a 197 kWh commercial battery system. Despite 2025 revenue rising 31%, the company posted a net loss of $405.4 million and analysts remain bearish with a $29.90 target.
Tempus AI Stock Drops on USC Partnership as Cancer Data Strategy Faces Scrutiny
Tempus AI shares fell 7.3% after announcing a partnership with USC to deploy its molecular testing and AI tools across the health system, covering over 1.5 million annual patient visits.
Skillz Stock Skyrockets After $420M False Advertising Win Over Papaya Gaming
Skillz stock soared 187% after a jury ordered Papaya Gaming to pay $420 million for false advertising, with the possibility of an additional $652 million in disgorgement.
Lucid Shares Slide 9.6% as Uber Stake Fails to Calm Funding Fears
Lucid Group shares dropped 9.6% after Uber disclosed an 11.52% stake, as a $1.05 billion capital raise and partnership news failed to ease investor worries about liquidity and production.
Palantir Secures $300M USDA Contract Ahead of Q1 Earnings
Palantir Technologies secured a $300 million software agreement with the USDA, boosting its non-defense government portfolio ahead of its May 4 earnings report.
United Rentals Soars on Raised Guidance, Record Q1 Revenue
United Rentals shares jumped 22.9% after the company raised its 2026 outlook and posted record Q1 revenue of $3.985 billion.
Joby Aviation Shares Dip as LA Vertiport Plan Faces Regulatory Hurdles
Joby Aviation shares fell 7.1% as its LA vertiport plan faces regulatory hurdles. The company is set to report Q1 results on May 5.
Netflix Unveils $25 Billion Buyback After Failed Warner Bros Tie-Up
Netflix approved a $25 billion buyback, adding to $6.8 billion remaining, after pocketing a $2.8 billion breakup fee from a collapsed Warner Bros deal.
Nokia Surges to 16-Year Peak on AI Cloud Order Boom
Nokia shares soared to a 16-year high as first-quarter profit beat estimates, fueled by a 49% surge in AI and cloud customer sales and €1 billion in new orders.